I think Horizon Air is really planning a huge west coast expansion espically in Los Angeles and Seattle. The airline just ordered new Q400 aircraft and also ordered 25 regional jets last year.
SEATTLE--(BUSINESS WIRE)--June 14, 1999--Horizon Air today announced
plans to acquire 15 new 70-seat Dash 8 Q400 turboprops from
Delivery is slated to begin in August 2000. Bombardier has placed a value on the firm order of $321 million. Horizon also took options on an additional 15 Q400 aircraft.
``The Q400 provides a winning combination: the speed and comfort of a jet and the economics of a turboprop,'' said George Bagley, president and CEO of Horizon Air. ``We have been very impressed with the economics of the Q400 aircraft and the flexibility its 70 seats bring to our network. The Q400's 350-knot cruise speed means more productivity, and it features the noise and
vibration suppression system (NVS) which has proven to be popular on our Q200 aircraft,'' he said.
With its Q400 aircraft, Horizon Air plans to replace older 37-seat Dash 8 Series 100 aircraft on some routes and complement its newer 37-seat Q200 aircraft on others, said Bagley.
``Horizon Air is yet another example of a regional airline that requires both jet and turboprop equipment to efficiently and profitably serve its wide variety of markets,'' said Robert Gillespie, president of Bombardier Aerospace, Regional Aircraft.
Last year Horizon Air ordered 25 new-generation, 70-seat CRJ Series 700 jet aircraft from Bombardier and holds 25 options on the CRJ 700 as well. The aircraft will be used on current jet routes and for future expansion. The Q400 will fill a similar role on the airline's turboprop routes.
Founded in 1981, Horizon Air has grown to become the sixth largest regional airline in the U.S, carrying more than 4.3 million passengers in 1998. Horizon operates more than 550 daily flights serving 40 cities throughout California, Idaho, Montana, Oregon, Washington, and Western
Canada. Horizon Air and Alaska Airlines are subsidiaries of Alaska Air Group, Inc. (NYSE:ALK - news).