Profile: Alaska Air Group Inc (ALK)
22 Jul 2014
Alaska Air Group, Inc., incorporated on March 15, 1985, is a holding company of Alaska Airlines, Inc. (Alaska) and Horizon Air Industries, Inc. (Horizon), which together with its partner regional airlines, serve 95 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. The Company operates two airlines: Alaska Airlines and Horizon Air. The Company operates in three segments: Alaska Mainline, Alaska Regional and Horizon. Alaska Mainline is the Boeing 737 part of Alaska's business. Alaska Regional is Alaska's shorter distance network. Horizon operates regional aircraft. During the year ended December 31, 2012, the Company carried 26 million passengers. Alaska operates a fleet of passenger jets (mainline) and contracts with Horizon, SkyWest Airlines, Inc. (SkyWest) and Peninsula Airways, Inc. (PenAir) for regional capacity under, which Alaska receives all passenger revenue from those flights. Horizon operates a fleet of turboprop aircraft and sells all of its capacity to Alaska.
The Company offers extensive north/south service within the western United States, Canada and Mexico, and passenger and cargo services to and within the state of Alaska. The Company also provides long-haul east/west service to Hawaii and 17 cities in the mid-continental and eastern United States primarily from Seattle, where it has concentration of departures. As of December 31, 2012, Alaska’s operating fleet consisted of 124 Boeing 737 jet aircraft. The Company’s regional operations consist of flights operated by Horizon, SkyWest and Penair. In 2012, its regional operations carried approximately seven million revenue passengers, primarily in the states of Washington, Oregon, Idaho and California. Horizon is a regional airline in the Pacific Northwest and represented over 90% of the Company’s regional revenue passengers during 2012. As of December 31, 2012, Horizon’s operating fleet consisted of 48 Bombardier Q400 turboprop aircraft.
Alaska Air Group Inc
19300 International Boulevard
SEATTLE WA 98188