The 13 737-9 MAX aircraft will be delivered from fourth quarter 2021 through 2022. Alaska will lease the Airbus A320s back from Air Lease for a short period of time after the transaction closes.
"Alaska's relationship with Steve dates back to the early 1980s and we're thrilled to work with him and ALC on an agreement that will enhance our fleet and advance our environmental, operational and financial performance," said Brad Tilden, CEO, Alaska Air Group. "We found an opportunity to sell 10 planes that are not in our long-term plans and replace them with 13 of the most efficient narrow-body aircraft available."
The MAX aircraft are 20 percent more fuel efficient and generate 20 percent less carbon emissions per seat than the Airbus A320s they will replace. The aircraft is also able to fly 600 miles farther than Alaska's current Airbus A320, which opens the possibility of additional nonstop routes and new destinations.