ALASKA AIR GROUP, INC. 8-K

What Happened
Alaska Air Group (ALK) filed an 8‑K (Item 1.01) reporting supplemental agreements with The Boeing Company to expand its Boeing airplane orders. Alaska finalized an order for 53 incremental 737‑10 aircraft (deliveries scheduled 2032–2035), exercised 52 previously held 737‑10 options (deliveries 2028–2032), and added 35 additional 737‑10 option aircraft to its purchase agreement. Separately, on December 31, 2025, Alaska exercised five 787 option aircraft with deliveries scheduled 2031–2032. The company furnished a press release about the order on January 7, 2026.

Key Details

• 53 incremental Boeing 737‑10s ordered; delivery window: 2032–2035.
• 52 737‑10 option aircraft exercised; delivery window: 2028–2032.
• 35 additional 737‑10 options added to Alaska’s purchase agreement.
• Exercised five 787 option aircraft on December 31, 2025; delivery window: 2031–2032.
• Company did not disclose purchase prices or immediate financial commitments in the 8‑K; supplemental agreements will be filed as exhibits to the 2025 Form 10‑K.

Why It Matters
This filing confirms material fleet additions and option exercises that shape Alaska’s long‑term capacity and aircraft mix. For investors, the timing (late‑2020s into mid‑2030s) indicates multi‑year delivery commitments; however, the 8‑K does not provide purchase prices, financing details, or near‑term cash impact. Review the forthcoming Form 10‑K exhibits and future disclosures for contract terms, capital expenditure implications, and any changes to fleet strategy.