Alaska Air

Alaska Airlines is the eighth-largest U.S. airline based on passenger traffic and is the dominant U.S. West Coast air carrier. Headquartered in Seattle, Alaska carries more passengers between the state of Alaska and the Lower 48 than any other airline. During recent years, the airline has expanded significantly to serve more U.S. East Coast, Mexican and Canadian destinations.

Joseph Sprague

Senior Vice President, External Relations

6 past transactions

Hawaiian Airlines

Acquisition in 2023
Hawaiian Airlines, Inc. is an airline based in Honolulu, Hawaii, that specializes in passenger and cargo transportation services. Founded in 1929, the airline operates scheduled flights between the Hawaiian Islands and various destinations in North America, Asia, and the South Pacific, as well as interisland routes. Hawaiian Airlines offers non-stop services to multiple cities, ensuring connectivity for travelers and freight. In addition to its air transportation services, the company features an online retail shop that sells travel-related items, apparel, and accessories. The airline also provides charter flight services and collaborates with other airlines to enhance customer options. As a subsidiary of Hawaiian Holdings, Inc., Hawaiian Airlines emphasizes a customer-centric approach, including a frequent-flyer program to reward loyal passengers.

ZeroAvia

Series C in 2023
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

ZeroAvia

Series B in 2021
ZeroAvia, Inc. is a company focused on developing zero-emission aircraft for commercial short-haul flights. Established in 2017 and headquartered in Hollister, California, with an office in Cranfield, United Kingdom, ZeroAvia specializes in hydrogen-electric propulsion systems. These systems are designed to eliminate aviation emissions while ensuring operational efficiency. The company aims to provide scalable technologies that can retrofit existing aircraft, thereby facilitating a transition to sustainable aviation. By collaborating with various stakeholders, ZeroAvia seeks to revolutionize the aviation industry through cleaner and more efficient flight options. Their powertrain utilizes a hydrogen fuel-cell system in limited-seat fixed-wing aircraft, which not only reduces emissions but also allows for the use of existing infrastructure, thus simplifying regulatory challenges and lowering both fuel and maintenance costs for aviation companies.

Virgin America

Acquisition in 2016
Virgin America is a California-based airline that is on a mission to make flying good again, with brand new planes, attractive fares, top-notch service, and a host of fun, innovative amenities that are reinventing domestic air travel. With fleetwide in-flight internet, mood-lit cabins, custom-designed leather seats, power outlets, and a video touch-screen at every seatback offering guests on-demand menus and countless entertainment options, the Virgin America experience is unlike anything else in the skies. Since launching in August 2007, Virgin America has captured a host of travel industry best-in-class awards, including: “Best Domestic Airline” in Condé Nast Traveler’s Reader’s Choice Awards for five consecutive years, "Best Business/First Class" in Condé Nast Traveler’s Business Travel Poll for five consecutive years, “Best Domestic Airline” in Travel + Leisure’s World’s Best Awards for six consecutive years, and #1 in Class in Zagat’s Global Airlines Survey in 2008, 2009 and 2010. Virgin America flies from San Francisco (SFO), Los Angeles (LAX), Boston (BOS), Cancun (CUN), Chicago (ORD), Dallas-Fort Worth (DFW), Fort Lauderdale (FLL), Las Vegas (LAS), Los Cabos (SJD), New York (JFK), Orlando (MCO), Palm Springs (PSP), Puerto Vallarta (PVR), San Diego (SAN), Seattle (SEA), Washington D.C. (IAD and DCA), Philadelphia (PHL), Portland (PDX), New Jersey (EWR), San Jose (SJC), Anchorage (ANC), and Austin (AUS).

Hawaiian Vacations - Assets

Acquisition in 2007
Hawaiian Vacations - Assets is a tour company which provides vacation packages.

Horizon Air

Acquisition in 1986
Horizon Air Industries, Inc., is a regional airline company provides scheduled air transportation for passengers and cargo.
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