Alaska Airlines has become the latest airline to make an offering to buy a plane at the Alaska National Guard base in Nome, Alaska, to help pay for its annual maintenance.
Wild Alaska Airlines, which operates more than 1,000 charter flights, said it plans to purchase the aircraft at the base to help it pay for maintenance and to help the company pay for the $1.2 billion expansion of its Nome airport in 2019.
Alaska Airlines said it will pay Wild Alaska $200,000 to buy the plane and is offering to lease it to Alaska Airlines as a security deposit.
Alaska announced its plans to buy Wild Alaska in September and said in November it would pay $1,000 for the plane, which will be leased to Wild Alaska from the company.
Alaska is also paying $100,000 in cash for the lease.
The plane will be flown to Alaska’s Nome Airport from Anchorage.
Alaska said the lease will help Wild Alaska avoid “significant operating costs associated with its maintenance needs.”
Alaska Airlines is currently in the process of expanding its Nomes airport to accommodate more passengers, and the company said it is also looking to lease out a nearby aircraft hangar for the airport’s future expansion.
Wild Alaskan Airlines said in October that it plans on making a similar offer for the planes.
Wild Airlines operates nearly 1,200 charter flights a year between Anchorage and Nome.
Wild and Alaska Airlines already operate one plane each, according to the company’s website.
Wild said in a statement that the plane will allow it to pay for more maintenance, pay for additional airfare and increase its fleet of planes, but that the lease agreement does not guarantee the plane’s use.
Wild also said the aircraft is designed to be flown on Alaska Airlines flights.
Alaska Airports, the nation’s busiest, has said that about $1 billion will be needed to pay to the military to maintain and operate its facility.
Alaska has not said how much it is offering.
Wild was a passenger airline for 15 years, and its Alaska Airlines was the only charter airline in the world that was allowed to carry more than 50 people, said Brian Anderson, an Alaska Airlines spokesman.
Wild has a history of running into financial problems.
In 2010, Wild Airline was hit with an ethics complaint and was forced to close, Anderson said.
In 2016, it was fined $500,000 and placed on probation for six months for failing to comply with federal regulations on flying on AirTran.