The actor appeared on the sketch program's "Weekend Update" on Saturday night to lampoon Tuesday's incident, in which he was kicked off an American Airlines flight for refusing to stop playing a mobile phone game before takeoff.
As a Southern, mustachioed airline pilot, Baldwin issued an apology for the incident. The joke, though, was how obvious the ploy was.
The actor referred to himself as an "American treasure" who was playing "a word game for smart people."
"Weekend Update" host Seth Meyers repeatedly questioned the thinly veiled performance, asking Baldwin, "Are you sure this is the right way to handle this?"