News releases
Alaska Airlines, Virgin America and Horizon Air employees receive $148 million in bonuses
The company's annual bonus, called Performance Based Pay (PBP), is determined by meeting or exceeding specific company-wide goals for safety, customer satisfaction, cost control, customer loyalty and profit. For the ninth year in a row, employees will enjoy a payout of about an additional month's pay.
"In light of so many important achievements in the last year, including meeting several integration milestones, I'd like to thank all 23,000 employees at
The PBP bonus is in addition to the approximately
Geographic breakdown:
- About
$62 million in annual bonuses — more than 52 percent of the total — is being paid toAlaska , Virgin America, andHorizon Air employees in the Puget Sound area $27 million — or 23 percent of the total — is going to employees throughoutCalifornia $12 million is being paid to employees in theOregon $8.1 million is going to employees throughout the state ofAlaska
The bonuses come 13 months after the acquisition of Virgin America. Since then,
- Obtaining a single operating certificate from the
FAA onJan. 11 , combining thousands of procedures, manuals and training for all Airbus andBoeing operations - Launching a wear-test for new employee uniforms
- Transitioning to one loyalty and credit card program
- Co-locating
Alaska and Virgin American operations in 22 of 31 airports - Building
Alaska's expansive network with 44 new routes, in addition to the 38 routes added with the acquisition of Virgin America - Moving to the same human resources, finance and payroll systems
By late April, Minicucci expects the airlines will have accomplished 75 percent of the integration milestones with the shift to a single reservation system, website, check-in kiosk, app and call center. Learn more about the integration at https://blog.alaskaair.com/alaska-airlines/virgin-america-alaska-single-operating-certificate/.
View original content:http://www.prnewswire.com/news-releases/alaska-airlines-virgin-america-and-horizon-air-employees-receive-148-million-in-bonuses-300588685.html
SOURCE
Media Relations, (206) 304-0008, newsroom@alaskaair.com