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Horizon Air's Pilots Ratify First Contract

SEATTLE--(BUSINESS WIRE)--Sept. 6, 2001--Horizon Air officials and the leaders of the airline division of the International Brotherhood of Teamsters (IBT) Local 747 announced today that Horizon's pilots have ratified their first collective bargaining agreement.

The five-year contract leads the regional airline industry in total compensation and includes significant improvements in pay and work rules. The results released by the IBT indicated 64 percent voted in favor of the contract.

"We're very glad this groundbreaking contract was ratified, since it underscores our commitment to providing all of our employees with a total compensation package that is highly competitive within the regional airline industry," said George Bagley, Horizon president and CEO. "Now, we can fully focus our attention on growing and improving Horizon, which is in the midst of an aircraft transition that will soon give us one of the youngest, most efficient regional airline fleets in the sky."

"The Horizon Air agreement was accepted by the Horizon Air pilots on Sept. 6, 2001," said Don Treichler, IBT representative. "It provides the pilots with an overall leading agreement in the regional airline industry. The pay benefits and quality of life for the pilots will be improved with this agreement."

Horizon Air serves 39 cities throughout Idaho, Washington, Oregon, Montana, California, and Alberta and British Columbia. Horizon Air and Alaska Airlines are subsidiaries of Alaska Air Group, Inc. For more information and other news, visit Horizon Air's NewsRoom at http://newsroom.horizonair.com.

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CONTACT: Horizon Air
Cheryl Temple, 206/431-4672
or
Teamsters Local 747, 800/747-2313