Thousands of Horizon and Alaska Airlines workers will receive hefty bonuses in their paychecks next month. The Seattle-based airline group on Thursday announced a second straight year of record annual profits.
Chief Financial Officer Brandon Pedersen says his company’s planes are flying fuller than ever. It’s also been able to offset high fuel costs with higher fares.
Pedersen says Alaska Air will pay bonuses equal to about 6.5 percent of pay to most staff.
Separately, the airline’s management estimated the cost of last week’s crippling snow and ice storm at $3.5 million. Most of that is lost revenue due to hundreds of flight cancellations.
The airline group says all 12,782 employees qualified for bonuses. That includes 2,169 Oregon-based Alaska and Horizon Air workers, 318 in Idaho and 6,487 in Washington.
