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Horizon Air

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Horizon Air

Horizon Air President, Glenn Johnson
Horizon Air President, Glenn Johnson
IATA Code
QX
ICAO Code
QXE
Corporate Address
Alaska Air Group
19521 International Blvd
Seattle, WA 98188
206 241 6757
Website
http://www.alaskaair.com
Main hub
Seattle/Tacoma International Airport
Country
United States
Business model
Regional/Commuter

Originally founded in 1981, Horizon Airlines is a wholly-owned subsidiary of the Alaska Air Group. It is an American regional airline based in Seattle and a sister airline to Alaska Airlines. Horizon operates a fleet of Bombardier Q400 aircraft to 39 cities in eight US states in addition to Mexico and Canada and employs about 3,000. It operates 352 daily flights carrying approximately six million passengers annually.

Location of Horizon Air main hub (Seattle/Tacoma International Airport)

Source: CAPA - Centre for Aviation and Google Maps


 
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158 total articles

6,134 total articles

Hedging halves Alaska Airlines' 3Q2011 profit

25-Oct-11 5:11 PM

Were it not for fuel hedging losses, Alaska Airlines would have posted record net income during the third quarter. But unlike Southwest, which was pushed into the red, Alaska retained profitability by posting USD77.5 million in net income, down from the USD122.4 million posted in 3Q2010. Excluding special items, the company would have bested 3Q2010 income of USD118.1 million by posting net income of USD131.1 million.

Analysts expected USD118.5 million in profits for the quarter. The company noted a 12% increase in operating revenues of USD130 million as fuel prices offset traffic gains. Higher advanced bookings and load factor boosted Alaska’s confidence that demand is remaining stable.

SkyWest reverses 1Q loss, goes beyond anticipated break even

4-Aug-11 4:12 PM

SkyWest resumed profitability in the second quarter when it posted net income of USD1.6 million on USD933.7 million in operating revenues, a dramatic turnaround from the first quarter when it posted its first quarterly loss in 23 years.

US airlines’ cautious capacity approach proves beneficial

22-Jul-11 10:41 AM

Cautious capacity growth plans for 2011 highlight concerns among US carriers in adding back seats at a rate that could create the excess capacity situations of previous post-recession recoveries. Instead, airlines are focussing on the protection of yields and profits as escalating fuel costs threaten the global aviation industry’s profits.

American Airlines CEO, Gerard Arpey At long last, divestiture for American Eagle

21-Jul-11 1:31 PM

As expected, and as no other regional airline wanted to buy it, AMR is divesting its regional airline subsidiary American Eagle by spinning off Eagle stock to AMR shareholders. This was also expected since early reports said one of the options was to set up Eagle as an independent, publicly traded company with stock given to AMR shareholders.

US arlines cautious as domestic capacity shrinks and international increases

16-Jun-11 5:24 PM

US carriers continue to be cautious in their capacity growth plans for 2011 as they focus on the protection of yields as escalating fuel costs threaten the US (and global) aviation industry’s profits.

US carriers report improving revenue performance in 2011 but fuel prices a challenge

17-Mar-11 4:23 PM

Continued positive trends in passenger yields and unit revenues were reported in Feb-2011, linked to a recovery of high-fare business travel demand. However, despite improvements in the demand and yield environment, carriers are now facing a new challenge in escalating fuel costs with this pressure resulting in some of the majors announcing capacity growth reductions in the months ahead.

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