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Alaska Air Group, Inc. is a holding company that was incorporated in Delaware in 1985. Our two principal subsidiaries are Alaska Airlines, Inc. and Horizon Air Industries, Inc. Both subsidiaries operate as airlines, although their business plans, competition, and economic risks differ substantially.
Alaska Airlines is matching status of disgruntled Delta Air Lines frequent fliers as the airline recently changed its loyalty program. Alaska Airlines will now match a traveler's status on Delta ? and even raise some frequent fliers to the next status level ? through 2024, ing to the airline.
Alaska Air Group is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc. with 11% of shares outstanding. The second and third largest shareholders are Victory Capital Management Inc.
On March 22, 2017, the company announced that Alaska Air Group would merge Virgin America and Alaska Airlines, with the combined airline to operate under the Alaska Airlines brand. The merger was largely completed on April 25, 2018 and the Virgin America brand was fully retired by June 2, 2019.
Alaska Airlines and Horizon Air are wholly-owned subsidiaries of Seattle- based Alaska Air Group. Both carriers are also headquartered in Seattle. Horizon, founded 22 years ago, has grown to become one of the country's largest regional airlines serving more than 47 cities in six states and two provinces in Canada.
Alaska Air Group, Inc. SeaTac, Washington, U.S. The group owns two certificated airlines, Alaska Airlines, a mainline carrier, and Horizon Air, a regional carrier. Alaska Airlines in turn wholly owns an aircraft ground handling company, McGee Air Services.