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Alaska Air invests in new aircraft

SEATTLE — Alaska Airlines and Boeing announced today the

carrier is exercising options to purchase five Boeing 737-900ER (extended

range) aircraft. The five new aircraft are worth $481 million at Boeing's

current list price. Two of the aircraft will arrive in 2015 followed by two

more in 2016 and one in 2017.

"Today's announcement supports our goal of growing Alaska Airlines 4 to 8

percent a year, profits permitting," said Mark Eliasen, Alaska Air Group's vice

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president of finance and treasurer. "The 737-900ER is a great aircraft, with

the comfort, reliability and low operating costs needed for us to be successful

in today's competitive marketplace."

Today's order supplements the 31 aircraft on firm order for delivery by the end

of 2017. Alaska Airlines expects to have 134 Boeing 737s in its fleet by the

end of 2014.

"The order of five additional 737-900ERs is an affirmation of our hometown

partner's successful strategy of offering customers good value, delivering a

great onboard experience and running an on-time airline," said Brad McMullen,

vice president of sales North America, Boeing Commercial Airplanes. "The

737-900ER offers Alaska Airlines the best seat-mile cost of any single-aisle

airplane in production, which is especially important with today's high fuel

prices. The interior also complements Alaska's excellent customer service,

providing passengers with a wonderful flying experience."

Alaska Airlines press release

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