Alaska Air Group
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|
| Public | |
| Traded as | : ALK DJTA Component S&P 500 Component |
| Industry | Transportation |
| Founded | 1985 |
| Headquarters | SeaTac, WA, United States |
|
Area served
|
United States |
|
Key people
|
Brad Tilden (CEO, President & Chairman of the Board) |
| Services | Airline Services |
| Revenue |
 US$5.931 Billion (2016)
|
|
US$1.349 Billion (2016)
|
|
 US$814 Million (2016)
|
|
| Total assets |
US$9.977 Billion (2016)
|
| Total equity |
US$2.931 Billion (2016)
|
|
Number of employees
|
15,000 (2015) |
| Subsidiaries | |
| Website | alaskaair.com |
Alaska Air Group Inc. is an airline holding company based in SeaTac, Washington. It owns three certificated airlines operating in the United States: Alaska Airlines,Horizon Air and Virgin America.
It was formed in 1985 and acquired Horizon Air and Jet America Airlines the next year. Jet America Airlines was merged into Alaska Airlines in 1987.
Alaska Air Group subsidiaries had 14,710 employees in 2007, 14,143 in 2008 and 12,440 in 2009. On December 31, 2011, Alaska Air Group has 12,806 employees (9,640 at Alaska Airlines and 3,166 at Horizon Air), compared to 12,039 (9,013 at Alaska Airlines and 3,202 at Horizon Air) on December 31, 2010. Alaska Airlines operates only U.S. built Boeing aircraft with up to 181 seats while Horizon operates only Canadian built Bombardier Aerospace aircraft with up to 76 seats.
In 2011, Alaska Air Group replaced the AMR Corporation in the Dow Jones Transportation Average.
On December 14, 2016, Alaska Air Group completed its acquisition of Virgin America. The total price for the acquisition was approximately $2.6 billion. At the present time, Alaska Air Group continues to operate Alaska Airlines and Virgin America as separate airlines and will continue to honor the loyalty programs of both groups with no foreseen changes.
As of April 2016, Alaska Airlines' fleet consisted of 153 jet aircraft while Horizon Air's fleet consisted of 52 turboprop aircraft. With the Virgin acquisition and ongoing merger, the combined fleet under Alaska Air Group's management numbers 286 aircraft.
Alaska Air Group has created a new branding identity for its Horizon Air subsidiary and any other independently owned and separately directed affiliate regional airlines it chooses to contract to do regional flying business into markets too limited to be flown only on Alaska Airlines mainline equipment. Among the other airlines now sub-contracted to do additional flying for the Alaska Air Group are; SkyWest, Inc.'s, SkyWest Airlines whose Canadair CRJ-700 aircraft dedicated to providing service for the Alaska Air Group are painted in a very similar manner to Alaska Horizon's. SkyWest's fleet however, are branded Alaska SkyWest to differentiate that airline's aircraft from those of Horizon Air.
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Wikipedia