1992 Alaska Milkmen season

February 11: Alaska Milk with former Presto import Winston Crite on his third stint in the league and now playing for the Airmen going up against the new-look Ginebras with returning import Jervis Cole in a highly-anticipated first game between the two teams, Alaska prevailed, 127-122, over the defending first conference champions.

[1] March 29: Alex Araneta lifted Alaska to a 97-96 come-from-behind win over Presto Ice Cream at the start of the semifinal round of the First Conference.

[2] June 7: Paul Alvarez knocked in a layup with three seconds left to cap his heroics for the Airmen in a 101-99 win over Seven-Up in the opening game of the All-Filipino Conference.

[3] September 20: Sean Chambers returns anew and went up for the first time against former best import awardee Jamie Waller of Ginebra, who was coming back after four years, in the main game of the Third Conference opening double-header.

The Airmen dealt the Mighty Meaties their first loss after six straight wins as they held down prolific import Tony Harris to his conference low 38 points after making history five days earlier in Iloilo City by scoring a record-breaking 105 points.