Alaska Airlines to lease 13 new Boeing 737-9 MAX aircraft

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Stock Markets20 minutes ago (Nov 23, 2020 12:00PM ET)

(Reuters) – Alaska Air (NYSE:ALK) Group Inc said on Monday it would lease 13 new Boeing (NYSE:BA) 737-9 MAX planes from aircraft lessor Air Lease (NYSE:AL) Corp, with deliveries of the jets starting from the fourth quarter of 2021 through 2022.

The airline’s move to lease new 737 MAX planes comes after the United States last week lifted a 20-month-old flight ban on the aircraft.

As part of the lease agreement, Alaska Air said it would sell 10 Airbus A320s to Air Lease. (https://prn.to/3m3XYxS)

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