DL & AS announcement on Monday in SEA!

[Mea25000]

its good news!

 

[CesnaCaptn]

its good news!

You're old story was way more elaborate. I hope it comes true.

 

[Flyby1206]

Well i'll be damned:

http://www.reuters.com/article/2012...News&feedType=RSS&feedName=companyNews&rpc=43


Oct 11 (Reuters) - Alaska Air Group Inc, parent company of Alaska Airlines, will order 50 Boeing Co 737 single-aisle jetliners on Thursday, the Wall Street Journal reported, citing two people familiar with the matter.
The order is expected to include Boeing's current generation 737 aircraft and the updated 737 MAX-8 and MAX-9 jetliners, the daily said. ()
Alaska Air Group operates an all-Boeing 737 fleet, made up of a total of 117 aircraft as of Dec. 31 last year.
Boeing reported an increase in orders last quarter, helped by orders for the new 737 MAX.
Boeing had received 821 orders for the 737 MAX by Oct. 3. Launched last year, these have more fuel efficient engines.
Boeing and Alaska Airlines could not immediately be reached for comment outside regular U.S. business hours.

 

[redflyer65]

It was bad enough when "growth"=increased ASM even if total airframes stay the same or go down.

Now apparently, the new standard is "growth"=growth of a code share partner.

Bingo.

More codeshare!

 

[General Lee]

Well i'll be damned:

http://www.reuters.com/article/2012...News&feedType=RSS&feedName=companyNews&rpc=43


Oct 11 (Reuters) - Alaska Air Group Inc, parent company of Alaska Airlines, will order 50 Boeing Co 737 single-aisle jetliners on Thursday, the Wall Street Journal reported, citing two people familiar with the matter.
The order is expected to include Boeing's current generation 737 aircraft and the updated 737 MAX-8 and MAX-9 jetliners, the daily said. ()
Alaska Air Group operates an all-Boeing 737 fleet, made up of a total of 117 aircraft as of Dec. 31 last year.
Boeing reported an increase in orders last quarter, helped by orders for the new 737 MAX.
Boeing had received 821 orders for the 737 MAX by Oct. 3. Launched last year, these have more fuel efficient engines.
Boeing and Alaska Airlines could not immediately be reached for comment outside regular U.S. business hours.

Alaska Airlines orders 50 Boeing jets worth $5 billion

Reuters – 34 minutes ago

(Reuters) - U.S. carrier Alaska Airlines said on Thursday it will buy 50 737 single-aisle jetliners, worth $5 billion at list prices, from Boeing Co in its largest order yet.

The order includes 37 of Boeing's upcoming 737 MAX, the new-engine variant of the popular 737 that offers better fuel efficiency. Alaska is also taking 13 Next-Generation extended-range 737 jets.

Alaska Airlines, whose parent is Alaska Air Group Inc, currently operates an all-Boeing fleet of 120 737s, and signaled in a statement that it intends to have only Boeing jets for many years. It said the newest planes, most of which will replace older aircraft, are to be delivered between 2015 and 2022.

The 737 MAX is Boeing's answer to the Airbus A320neo jet, a revamp of the A320 family that will have more efficient engines. Airbus, a unit of Europe's EADS, and Boeing compete for the lion's share of a jet market estimated at $100 billion a year.

Earlier this month, Boeing reported an increase in orders for its third quarter, helped by the MAX.It said the Alaska Airlines order brought the total number of MAX orders to 858 to date.

Boeing's shares were up 1.1 percent to $71.10 in morning trading, while Alaska Air was down 0.2 percent to $36.51.


(Reporting by Neha Alawadhi and A. Ananthalakshmi in Bangalore





That's great. Most will be replacing other aircraft, but that is nonetheless a great plane and I am sure you will enjoy it.



Bye Bye---General Lee

 

[Mea25000]

75 firm orders and options for even more... they fully intend on exercising all 69. The 2/3rds part protects our share holders. Throwing 250 million at our market cap was also meant as a stabilizer to our share price and why it was announced first. You just can't publicly announce you are more then doubling your capacity and expect your company's valuation to be unchanged. If the company can show the board they can successfully manage all this new capacity this order will take us to 227 jets... We have 114 right now. This really is great news for every Alaska employee and the largest aircraft order in our history.

 

[Singlecoil]

75 firm orders and options for even more... options they fully intend on exercising. The 2/3rds part protects our share holders. Throwing 250 million at our market cap was also meant as a stabilizer to our share price and why it was announced first. You just can't publicly announce you are more then doubling your capacity and expect your company's valuation to be unchanged. If the company can show the board they can successfully manage all this new capacity this order will take us to 217 jets... We have 114 right now. This really is great news for every Alaska employee and the largest aircraft order in our history.

You will retire before they get to 217. I'll use your number, 114 today. According to the announcement, in 2022 we will have 25 more so 139. There are 69 options, but expect those to be past 2022 and many of those will be replacement aircraft.

 

[Mea25000]

31 years left.. I will be here

 

[Mea25000]

25 previous orders, 50 new firm orders, 69 options. They release what the market can comfortably digest. 400's and 700's will all be gone. Your right this is terrible news... I work for the worst company in the world. All they do is lie cheat and steal.. Nothing to see here move along. Back to being miserable. This isn't APPLE do you know what capacity growth does to your market cap in our industry?

 

[CesnaCaptn]

Mea, when do you expect/predict Alaska will be at 217 airplanes? I heard a rumor out of left field that AS is ramping up hiring even more for next year. Boeing sims will start getting used this winter.

 

[AK737FO]

Mea25000,
I'm with you - this is great news for us and our company. It is great to work for a growing, profitable company. Our management as earned my trust and I believe that we will see a good new contract next spring.
There will always be a hand full of guys on this web board as well as in the cockpit that are doom and gloom no matter what. Nothing will ever be good enough for them and frankly, I don't care to listen to their noise.
I'm going to enjoy the ride and look back some day with pride in a job well done for a very successfull company.

 

[Mea25000]

Its all a moving target this far out... best case if economy holds up and capacity does well... We could be at 200 by late 2018 to mid 2019... The worst number I have seen for that time frame would still have us around 172.

 

[Boxboy]

This is probably the best news I've heard from the puzzle palace since I've been with Alaska. However, I've learned not to get too excited since these guys are expert spin doctors. I'll believe it when I see it and enjoy the ride until then.

 

[General Lee]

It's great to be excited about potential growth, even though it may take awhile to get all of them. This order said getting 50 airplanes, and most of them will replace old ones. What about the SAN hub? It is great you will be getting a net gain of airplanes, but I think it will be around 25 (2/3's of the 75 on order?). When are those new ones coming? I think it said all could be there by 2022. Maybe those could do transcons from SAN to Hartford and Jacksonville? Good for you guys! I am personally hoping for nonstop ATL to Juneau or Sitka to ATL. That would be awesome!


Bye Bye---General Lee

 

[Mea25000]

Hiring 10% of our current list each year for next 8 years... thats neutral for sure GL. Time will tell... I will take that bet though! Oh by the way Boeing did give us SWA + pricing on this deal. I think the sky looks pretty blue. Fantastic!

 

[Ocity]

This is probably the best news I've heard from the puzzle palace since I've been with Alaska. However, I've learned not to get too excited since these guys are expert spin doctors. I'll believe it when I see it and enjoy the ride until then.

AMEN!! Anybody who doesn't hold this position: hasn't been here long enough to know better. The only part of the "Vision 2010" that DIDN'T materialize....growth. The kind of growth that the pilots look for...not ASM.

There are just as many pilots on the seniority list now as there was 10 years ago. It's great news of course, but i'm cautiously optimistic.

 

[BarbrPole2theOM]

General, I'm not quite sure what your program is. You go through times where you are pretty logical, but than other times... Wow! Alaska's announcement was for an additional 50 firm jet orders. They already have 25 firm on the books. Yes, 50 will be used to replace the 400/700's. That gives a very modest growth of 21% over 10 years. I agree, nothing to go crazy about. The kicker is about CHOICES. Alaska has an additional 69 options for growth opportunities. They will use these as the conditions warrant. That gives the company the ability to grow 95%. That is something to get excited about. As long as the company continues to perform, I fully expect them to exercise them.

Sent from my EVO using Tapatalk 2

 

[General Lee]

General, I'm not quite sure what your program is. You go through times where you are pretty logical, but than other times... Wow! Alaska's announcement was for an additional 50 firm jet orders. They already have 25 firm on the books. Yes, 50 will be used to replace the 400/700's. That gives a very modest growth of 21% over 10 years. I agree, nothing to go crazy about. The kicker is about CHOICES. Alaska has an additional 69 options for growth opportunities. They will use these as the conditions warrant. That gives the company the ability to grow 95%. That is something to get excited about. As long as the company continues to perform, I fully expect them to exercise them.

Sent from my EVO using Tapatalk 2

That's wonderful. But, you are assuming a lot. You and I don't even know if AK will be a stand alone airline in 5 years. Options are great, if they are used. Good luck!


Bye Bye---General Lee

 

[BILL LUMBERG]

No offense Alaska brothers......

Delta needs to stop helping you be profitable.....we need to fly our own people and vice versa. Any mainline order is good, but the way we just farm out code sharing with a 737 operator makes me puke.

And here I thought RJ scope was the issue.....

 

[CesnaCaptn]

No offense Alaska brothers......

Delta needs to stop helping you be profitable.....we need to fly our own people and vice versa. Any mainline order is good, but the way we just farm out code sharing with a 737 operator makes me puke.

And here I thought RJ scope was the issue.....

I totally agree. Alaska should be flying their own passengers to Europe and Asia from Seattle.