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its good news!
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.
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.
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.