Alaska Airlines bets on recovery with 737 MAX buy

An Alaska Air 737 MAX landing, view from below.

Alaska Air Group (NYSE: ALK) will add 30 mainline and regional aircraft during the next three years, including 13 Boeing 737 MAX jets, the company said Wednesday in a show of confidence about prospects for a domestic travel recovery.

The parent company of Alaska Airlines said it expects its domestic passenger business to return to pre-COVID levels by the summer of 2022, which will require more aircraft.

Alaska is exercising options for the 13 Boeing 737-9 MAX for delivery in 2023 and 2024, and is...

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