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Alaska Air Group Inc. (NYSE: ALK) today reported February and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.
Alaska Air Group paid annual bonuses totaling nearly a month's pay today to nearly 13,000 employees for exceeding the company's 2012 operational and financial goals. The bonus of about 8 percent of annual pay is in addition to the $1,100 in bonuses, on average, that each employee earned last year for achieving monthly on-time and customer satisfaction targets. The combined monthly and annual bonuses amounted to nearly $88 million.
Horizon Air passenger service agents in Vancouver and Victoria, B.C., who are represented by the Canadian Auto Workers, have ratified a new three-year contract. All of the 44 agents at the two airports who participated in the ratification vote approved the contract, which expires on Feb. 14, 2016.
Published in Airline News
Alaska Air Group Inc. (NYSE: ALK) today reported November operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below.
Alaska Air Group's board of directors and CEO Brad Tilden announced today the elections of four executive officers.
Alaska Air Group's board of directors and Chairman Bill Ayer announced today that Eric Yeaman, president and CEO of Hawaiian Telcom, has been appointed to the board of directors of Alaska Air Group Inc. Yeaman will serve on the board's Audit Committee.
Horizon Air and the International Brotherhood of Teamsters announced today they have reached tentative agreement to extend the current contract for the carrier's 610 pilots for six years.
Alaska Airlines and Horizon Air inflight recycling programs diverted more than 800 tons of inflight waste from landfills last year, including some 230 tons of aluminum and 185 tons of paper. That's enough aluminum to build three new airplanes and enough paper to replace 3,100 trees. In addition to recycling more inflight waste, the two airlines have also reduced their carbon emissions by 30 percent per passenger mile since 2004.