STOCK TITAN

Horizon Air pilots ratify critical retention agreement

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

SEATTLE, Sept. 16, 2022 /PRNewswire/ -- Horizon Air's more than 700 pilots, who are represented by the International Brotherhood of Teamsters (IBT), voted to ratify a new agreement aimed at supporting the company's pilots and retaining talent as mainline airlines continue hiring pilots away from regional airlines at record levels. The agreement includes important pay increases and enhancements to retirement benefits. Additional improvements involve commuter policies and instructor benefits.

More than 91% of Horizon pilots voted, and the agreement passed by 99%.

A tentative agreement was reached with the IBT on Sept. 2 and is effective immediately upon today's ratification.

"Horizon Air is proud to serve communities throughout the West – places that we call home. The ongoing industry pilot shortage has put a strain on this service, and it's more critical than ever that we attract and retain our talented pilots," said Joe Sprague, president of Horizon Air. "We are focused on making Horizon the regional carrier of choice for pilots, and this agreement positions us well. I'm grateful to our pilots and to our colleagues at the IBT for their collaboration and hard work in getting to this point. Together, we are positioning Horizon for a strong future."

"In light of recent wage increases across all segments of our industry, significant improvements were necessary for Horizon Air to remain competitive in attracting and retaining pilots," said Horizon pilot and IBT 1224 Executive Council Chairman Henry Simkins. "We identified what was important to our pilot group and worked to implement an approach that will help Horizon Air retain an experienced workforce and attract new talent. We appreciate management's investment in our skilled professionals that continue to safely deliver our wonderful passengers every day."

The pilot shortage and the transition to a single fleet of Embraer 175 aircraft has resulted in a temporary reduction of Horizon's scheduled flying. Nonetheless, Horizon continues to fly to every community we serve. Regional air service provides essential support for economic development and strong local communities. We're committed to ensuring this service remains strong into the future.

The new agreement with Horizon pilots complements other company efforts that are expanding and diversifying the pilot pipeline through investments in the Ascend Pilot Academy and the Pilot Development Program. This is a priority, as Alaska and Horizon estimate the need to hire 500 pilots each year through 2025.

With bases in Washington, Oregon, Idaho and Alaska, Horizon serves more than 45 cities throughout the Pacific Northwest, California, the Midwest, and British Columbia and Alberta in Canada. Horizon maintains pilot crew bases in Anchorage, Boise, Everett, Medford, Portland, Seattle and Spokane.

About Alaska Airlines

Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico. We emphasize providing low fares for our guests, award-winning customer service and sustainability efforts. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world. Learn more about Alaska at news.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/horizon-air-pilots-ratify-critical-retention-agreement-301626525.html

SOURCE Horizon Air

Alaska Air Group, Inc.

NYSE:ALK

ALK Rankings

ALK Latest News

ALK Stock Data

5.49B
125.51M
0.44%
83.18%
4.78%
Scheduled Passenger Air Transportation
Transportation and Warehousing
Link
United States of America
SEATTLE

About ALK

alaska airlines has been flying since 1932 and is notably recognized as a stand-out performer among domestic carriers in the united states. we provide an exceptional travel experience to our customers with an unwavering commitment to a safe and reliable operation and our award-winning customer service. we were born in a state where aviation is a way of life, not a choice, and where people help each other because they believe it's the right thing to do — not because they're supposed to. much has changed over the years, but our unique heritage continues to serve as our compass point — our own magnetic "north." our values have been a part of who we are since our early beginnings in the state of alaska. we believe this combination of pride in our heritage and passion for our shared values has led to our success in setting the standard for genuine and caring service. alaska airlines and our sister carrier, horizon air, together serve 90 destinations in the lower 48, alaska, hawaii, ca