Economy of Alaska

Alaska Air Group Announces Leadership Succession Plan

Retrieved on: 
Monday, November 9, 2020

SEATTLE, Nov. 9, 2020 /PRNewswire/ --Alaska Air Group's board of directors announced today that Brad Tilden will retire as chief executive officer on March 31, 2021, and Ben Minicucci, president of Alaska Airlines and a member of the Alaska Air Group board, will succeed him.

Key Points: 
  • SEATTLE, Nov. 9, 2020 /PRNewswire/ --Alaska Air Group's board of directors announced today that Brad Tilden will retire as chief executive officer on March 31, 2021, and Ben Minicucci, president of Alaska Airlines and a member of the Alaska Air Group board, will succeed him.
  • "This announcement is the culmination of a multi-year succession planning process," said Patricia Bedient, Alaska Air Group lead independent director.
  • Alaska Air Group is the holding company for Alaska Airlines, the fifth largest U.S. passenger airline, and regional carrier Horizon Air.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

ALASKA COMMUNICATIONS ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of ALSK and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, November 3, 2020

On November 3, 2020, Alaska Communications announced that it had signed an agreement to be acquired by Macquarie and GCM for approximately $300 million.

Key Points: 
  • On November 3, 2020, Alaska Communications announced that it had signed an agreement to be acquired by Macquarie and GCM for approximately $300 million.
  • Pursuant to the merger agreement, Alaska Communications stockholders will receive $3 in cash for each share of Alaska Communications common stock owned.
  • Bragar Eagel & Squire is concerned that Alaska Communications board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for Alaska Communications stockholders.

Former energy executive Jessie J. Knight, Jr. returns to Alaska Air Group board of directors

Retrieved on: 
Wednesday, October 21, 2020

SEATTLE, Oct. 21, 2020 /PRNewswire/ --Alaska Air Group announced today the appointment ofJessie J. Knight, Jr. to the company's board of directors, effective immediately.

Key Points: 
  • SEATTLE, Oct. 21, 2020 /PRNewswire/ --Alaska Air Group announced today the appointment ofJessie J. Knight, Jr. to the company's board of directors, effective immediately.
  • He previously served on the board from 2002 to 2017.Knight will also join the boards of directors of the company's airline subsidiaries Alaska Airlines, Inc. and Horizon Air Industries, Inc.
    "We are so proud to welcome Jessie back to our board," said Brad Tilden, Alaska Air Group Chairman and CEO.
  • The total board is comprised of 13 members, with the other two positions filled by Tilden and Alaska Airlines President Ben Minicucci.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Alaska Airlines launches Embraer 175 jet service in the state of Alaska

Retrieved on: 
Monday, October 19, 2020

SEATTLE, Oct. 19, 2020 /PRNewswire/ -- Starting Oct. 18, Alaska Airlines will add jet service on the Embraer 175 aircraft in the state of Alaska.

Key Points: 
  • SEATTLE, Oct. 19, 2020 /PRNewswire/ -- Starting Oct. 18, Alaska Airlines will add jet service on the Embraer 175 aircraft in the state of Alaska.
  • With the reduction of air service in Alaska earlier this year, the E175 jet gives Alaska Airlines the flexibility to increase daily frequency between Anchorage and Fairbanks, and to provide year-round service to King Salmon and Dillingham.
  • "This has been an especially challenging time for Alaskans both due to the pandemic and the reduction of air service last spring," said Marilyn Romano, regional vice president of Alaska Airlines.
  • "Our crews are focused on supporting Alaska Airlines and committed to the same outstanding service Alaskans have come to rely on for 88 years."

Alaska Air Group to announce financial results

Retrieved on: 
Thursday, October 1, 2020

SEATTLE, Oct. 1, 2020 /PRNewswire/ -- Alaska Air Group, Inc., the parent company of Alaska Airlines, Inc. and Horizon Air Industries Inc., will announce its 2020 third quarter financial results on Thursday, October 22, 2020.

Key Points: 
  • SEATTLE, Oct. 1, 2020 /PRNewswire/ -- Alaska Air Group, Inc., the parent company of Alaska Airlines, Inc. and Horizon Air Industries Inc., will announce its 2020 third quarter financial results on Thursday, October 22, 2020.
  • With hubs in Seattle; San Francisco; Los Angeles; Portland, Oregon; and Anchorage, Alaska, the airline is known for low fares, award-winning customer service and sustainability efforts.
  • With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Alaska Airline's 'Get the Row with BOGO' is back!

Retrieved on: 
Tuesday, September 15, 2020

If a guest still does not comply after that warning, their travel with Alaska will be suspended immediately instead of undergoing a review process.

Key Points: 
  • If a guest still does not comply after that warning, their travel with Alaska will be suspended immediately instead of undergoing a review process.
  • To receive a text message instead of a printed boarding pass if guests don't already have the Alaska Airlines mobile app.
  • With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Alaska Air Group to webcast presentation at the Cowen 2020 Global Transportation & Sustainable Mobility Conference

Retrieved on: 
Tuesday, September 8, 2020

2020 /PRNewswire/ --Alaska Air Group, Inc., the parent company of Alaska Airlines, Inc. and Horizon Air Industries Inc., announced it will webcast a presentation by Ben Minicucci, Alaska's President, and Shane Tackett, Chief Financial Officer, at the Cowen 2020 Global Transportation & Sustainable Mobility Conference on Wednesday, September 9, 2020.

Key Points: 
  • 2020 /PRNewswire/ --Alaska Air Group, Inc., the parent company of Alaska Airlines, Inc. and Horizon Air Industries Inc., announced it will webcast a presentation by Ben Minicucci, Alaska's President, and Shane Tackett, Chief Financial Officer, at the Cowen 2020 Global Transportation & Sustainable Mobility Conference on Wednesday, September 9, 2020.
  • For those unable to listen to the webcast, a reply will be available at www.alaskaair.com/investors until December 9, 2020.
  • With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Alaska Air Group to announce financial results

Retrieved on: 
Wednesday, July 1, 2020

SEATTLE, July 1, 2020 /PRNewswire/ --Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will announce its 2020 second quarter financial results on Thursday, July 23, 2020.

Key Points: 
  • SEATTLE, July 1, 2020 /PRNewswire/ --Alaska Air Group Inc., the parent company of Alaska Airlines Inc. and Horizon Air Industries Inc., will announce its 2020 second quarter financial results on Thursday, July 23, 2020.
  • Alaska Airlines and its regional partners serve more than 115 destinations across the United States and North America, providing essential air service for our guests along with moving crucial cargo shipments, such as food, medicine, mail and e-commerce deliveries.
  • With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Alaska Airlines adds the Embraer 175 jet to state of Alaska flying

Retrieved on: 
Monday, June 22, 2020

ANCHORAGE, Alaska, June 22, 2020 /PRNewswire/ -- Alaska Airlines will start flying the Embraer 175 jet aircraft in the state of Alaska starting in October 2020.

Key Points: 
  • ANCHORAGE, Alaska, June 22, 2020 /PRNewswire/ -- Alaska Airlines will start flying the Embraer 175 jet aircraft in the state of Alaska starting in October 2020.
  • In time, the new mix of aircraft will unlock other markets in the state for future service."
  • Alaska Airlines recently added Boeing 737 service to Cold Bay, and started service one month early to King Salmon and Dillingham.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Alaska Airlines expands Next-Level Care safety measures

Retrieved on: 
Tuesday, June 9, 2020

SEATTLE, June 9, 2020 /PRNewswire/ --Alaska Airlines today expanded Next-Level Care, the culmination of nearly 100 different measures put in place to enhance the safety and well-being of guests and employees.

Key Points: 
  • SEATTLE, June 9, 2020 /PRNewswire/ --Alaska Airlines today expanded Next-Level Care, the culmination of nearly 100 different measures put in place to enhance the safety and well-being of guests and employees.
  • COVID-19 has touched all of us in some way and it prompted us to fundamentally change the entire travel experience," said Alaska Airlines CEO Brad Tilden.
  • Enhanced cleaning: Alaska Airlines is exceeding CDC cleaning guidelines, using high-grade, EPA-certified disinfectant to clean critical areas throughout the plane.
  • Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).