NEW YORK — Alaska Air Group, which owns Alaska Airlines and which acquired Long Beach-based Jet America Airlines earlier this year, said Wednesday that it will buy Horizon Air Industries for about $68 million in cash.
Alaska Air said Horizon, the nation's fourth-largest commuter airline, will continue to be operated independently with its own management and work force. The 5-year-old Horizon serves 27 cities in six Western states from hubs in Seattle; Portland, Ore.; Boise, Ida., and Spokane, Wash. Alaska Airlines, if Jet America is included, serves 38 cities.
Alaska Airlines and Horizon both serve several of the same cities, including Seattle, Portland and Spokane, but no decisions have been made on any consolidations, an Alaska Air spokesman said.
Horizon, which was launched with two aircraft, now has two jets and 35 propeller-driven planes. Its work force has grown to about 1,000 today from 70 people at the beginning. In September, 1981, it carried 2,700 passengers; this August, it served 106,846. It operates 58 flights a day between Seattle and Portland.