Alaska Company Info
Horizon Company Info
Horizon Air Company Facts
Updated Jan. 2013
Horizon Air was formed to satisfy the need created when, after the Airline Deregulation Act of 1978, larger airlines abandoned routes within the Northwest. To fill this market niche, entrepreneur Milt Kuolt and a group of venture capitalists founded Horizon in Seattle in September 1981. Horizon brought together several dozen enthusiastic employees and a fleet consisting of two leased Fairchild F-27 turboprop aircraft to begin service between Yakima, Pasco and Seattle.
In the early 1980s, the airline grew quickly, acquiring Air Oregon and Utah-based Transwestern Airlines. In 1984, Horizon went public. By 1986, the company's proven track record attracted the attention of larger airlines. That year, Horizon was acquired by Seattle-based Alaska Air Group, Inc., a holding company that included Alaska Airlines.
On Jan. 1, 2011, Horizon shifted to a capacity purchase agreement (CPA) business model, which is the regional airline industry standard. Under this arrangement, Horizon operates and maintains its aircraft while Alaska is responsible for scheduling, marketing and pricing all flights. The change also includes the eventual rebranding of all Horizon aircraft to feature the Alaska brand.
Horizon serves 40 cities in California, Idaho, Montana, Oregon, Washington, Baja California Sur (Mexico) and Alberta and British Columbia (Canada).
The regional airline has a general office in Seattle and a primary maintenance base in Portland, Ore., with additional maintenance facilities in Bellingham, Wash., Boise, Idaho; Seattle; Medford, Ore.; Redmond/Bend, Ore.; Eugene, Ore.; San Jose, Calif.; and Spokane, Wash.
- Type of airline: Regional airline
- Founded: 1981 in Seattle, Wash
- Headquarters: Seattle
- Corporation type: Alaska corporation
- Ownership: Alaska Air Group (NYSE: ALK)
- Chairman: William S. Ayer
- President: Glenn Johnson
- Hubs: Seattle-Tacoma International Airport, Portland International Airport
- Total destinations: 40
- Number of Employees: 2,978
- Average daily flights 2012: 324
- Total flights 2012: 119,591
- Total passengers enplaned 2012: 6.7 million
- Average miles stage (route) length 2012: 294
- Total available seat miles (ASMs) 2012: 2.7 billion
- Total revenue passenger miles (RPMs) 2012: 2.0 billion
- Passenger load factor 2012: 78.3%
Note: Monthly passenger traffic and quarterly financial information can be found in Archived News Releases.