Alaska Air Group Inc is a Delaware corporation incorporated in 1985 and the holding company of Alaska Airlines and Horizon Air. It offers north/south service within the western U.S., Canada, Mexico, and Costa Rica, as well as passenger and dedicated cargo services to and within the state of Alaska. It also provides long-haul east/west service to Hawaii and cities in the mid-continental and eastern U.S., from Seattle and also offers long-haul departures from other cities as well. The Company operates a fleet of passenger jets (mainline) and contracts with Horizon, SkyWest Airlines, Inc. (SkyWest) and Peninsula Airways, Inc. (PenAir) for regional capacity. Horizon operates a fleet of turboprop aircraft and sells all of its capacity to Alaska pursuant to a capacity purchase arrangement. It competes with other domestic airlines, and a limited number of international airlines. Its competitor includes Delta Air Lines. The Company's operations are subject to various laws and government regulations concerning environmental matters and employee safety and health in the U.S. and other countries.
Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content.