Originally Posted by OTZeagle1

Options are meaningless? Huh?

Options are positions paid for by Alaska, we wouldn’t purchase them if there was no intent, we are way to frugal for that. Options allow AS management to release a smaller future liability to Wall Street, which they are much more likely to palate. To date every Alaska 737 option has been exercised. Past two orders only saw additional options being exercised.
On the date of the acquisition, AS had almost exactly the same number of 737 firm orders and positions as VX had total airframes. This has been answered several times, to include myself last summer on this board. 59 737-9 replace all the Bus capacity, a number we don’t like but management does.