Benzinga·2026-01-07 15:23Core Insights - Alaska Air Group has placed its largest aircraft order ever, purchasing 105 Boeing 737-10 jets and five Boeing 787 Dreamliners, aimed at modernizing its fleet and supporting future network expansion [1][3]. Group 1: Aircraft Deal Details - The 737-10 jets will be deployed on high-demand U.S. routes, replacing older narrowbody aircraft and improving operational efficiency with a lower cost per seat [3]. - The five Boeing 787 Dreamliners will facilitate Alaska's expansion into Europe and Asia, emphasizing range, fuel efficiency, and passenger comfort as key advantages [3]. Group 2: Management Commentary - Alaska Air Group's CEO, Ben Minicucci, stated that the investment aligns with the Alaska Accelerate strategy, enabling the airline to reach more global destinations [4]. - Boeing's Commercial Airplanes CEO, Stephanie Pope, acknowledged Alaska's growth and the importance of their long-standing partnership, highlighting trust in the 737 and 787 programs [4]. Group 3: Historical Context and Stock Performance - The announcement marks 60 years of collaboration between Boeing and Alaska Air, beginning with the delivery of a 727 aircraft [5]. - Boeing's stock has increased by over 32% in the past year, while Alaska Air's stock has decreased by over 22% during the same period [2][5].