Seattle, Washington, January 4, 2024 – Alaska Air Group Inc (NYSE: ALK) continues to grow as we welcome delivery of the first Boeing (NYSE: BA) 737-8 to our aircraft lineup – the next component of our strategic, long-term fleet plan that builds on our strengths and provides a road map for ongoing future success.

We proudly fly the youngest fleet of all U.S. airlines, and from 2024 through 2027, we are on track to add 15-25 new Boeing aircraft each year. We currently have firm orders for 80 more 737 MAX aircraft, and options and purchase rights for another 105. Our first 737-10 is scheduled for delivery in 2025.

In March 2022, Alaska adjusted our existing 737-9 aircraft order with Boeing to include the bigger 737-10 and longer-range 737-8. The additional 737 models will enhance profitability and guest satisfaction by offering us more ways to deploy the optimal aircraft size and capability in each market we fly.

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

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