July 27, 2001

FOR IMMEDIATE RELEASE

NATIONAL MEDIATION BOARD

Re: Horizon Air and Pilots Reach Tentative Agreement

Washington, D.C.--The National Mediation Board is pleased to announce that Horizon Air and their pilots, represented by the International Brotherhood of Teamsters (IBT), reached a tentative agreement today.

Guided by mediators Larry Gibbons and Zachery Jones, the parties reached a tentative agreement this morning. The agreement will be sent out to the IBT membership for a ratification vote.