Alaska Air Group Inc.
Alaska Air Group is the airline holding company of Alaska Airlines and Horizon Air. Alaska Air was established in the 1930s, following the merger of McGee Airways, Star Air Service and other regional service operators. By 1944, it became the largest charter operator in the world.
The two subsidiaries, Alaska Airlines and Horizon Air, operate an extensive domestic network as well as international services to destinations in Canada and Mexico. Portland Airport and Seattle-Tacoma Airport are the main hubs of Alaska Airlines and Horizon Air. Headquartered in Seattle, Alaska Air Group was declared a Delaware corporation in 1985.
In Apr-2016, Alaska Air Group Inc, parent company of Alaska Airlines, and Virgin America Inc announced that their boards of directors have unanimously approved a definitive merger agreement, under which Alaska Air Group will acquire Virgin America for an aggregate transaction value is approximately USD4.0 billion. Alaska Airlines Group closed the acquisition on 14-Dec-2016, becoming the fifth largest commercial service operator in the US with a combined fleet of 60 A320s and 147 Boeing 737s. According to the airline group, Alaska Airlines and Virgin America will spend the following year seeking Federal Aviation Administration (FAA) certification to allow the two airlines to operate as a single carrier. No decisions were made regarding the Virgin America brand. However, the carrier will continue to operate its fleet under the current Virgin brand during the interim period. The changes will have no effect on regional Alaskan sister carrier Horizon Air, which will continue to operate on its own separate AOC. Alaska Air Group expects Alaska Airlines and Virgin America will effectively operate as a single carrier from 2018.
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