Alaska Airlines Plans All-Boeing 737 Fleet
Posted on: Friday, 17 March 2006, 12:00 CST
By Bloomberg, AP and Staff Reports
Alaska Airlines plans to fly only Boeing 737 jets by 2009 under a plan to reduce operating expenses, and will speed up the retirement of 26 MD80 jets.
The cost to make the switch will be $750 million, Seattle-based Alaska Air Group Inc. said Monday in a statement.
The total includes $160 million to $190 million for selling 15 MD80s and ending the leases on another 11. Lower fuel, maintenance and training expenses for the all-737 fleet will save $115 million a year, Alaska Air said.
The MD80s are 14 years old on average and make up about a quarter of the carrier's fleet.
Alaska Airlines, which operates mainly on the West Coast, will be emulating Southwest Airlines Co., the nation's most profitable carrier, in using only 737s.
Alaska Air, which also owns the commuter carrier Horizon Air, had $21.2 million in losses over the past two years.
Source: Tulsa World
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