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Originally published June 22, 2012 at 10:48 AM | Page modified June 22, 2012 at 11:49 AM

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Alaska Air orders three 737s, delays two deliveries

Alaska Airlines finalized orders for three more 737-900ER jets for its all-Boeing fleet at a cost estimated at $150 million.

Seattle Times aerospace reporter

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Alaska Airlines last week finalized orders for three more 737-900ER jets for its all-Boeing fleet. It also pushed out a couple of 737 deliveries from 2013 into 2014, according to a filing with the Securities and Exchange Commission.

The new order reflects prospects for continued growth in the medium-term. The deferral of the two jet deliveries is likely a function of the near-term squeeze on profits from high fuel prices.

The order for three 737s is worth $269 million at list prices, though according to market pricing data from aircraft valuation firm Avitas the real price after standard discounts is about $150 million.

Including the three new orders, Alaska has outstanding firm commitments for 25 Boeing 737s and options to purchase 39 more.

The airline has taken delivery of three 737s so far this year and is now scheduled to take delivery of four more by year-end, then nine in 2013 and 10 more in 2014.

All of those orders are for the 737-900ER, the largest model in Boeing's single-aisle jet family.

Dominic Gates: 206-464-2963 or dgates@seattletimes.com

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