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Alaska warming to Airbus deal.


ALASKA Alaska (əlă`skə), largest in area of the United States but third smallest (exceeding only Vermont and Wyoming) in population, occupying the northwest extremity of the North American continent, separated from the coterminous United States  Air Group is to ask European jet maker Airbus for a price on replacing some older Boeing jets.

But the announcement does not guarantee that Airbus and its wing makers on Deeside will win the business in a market where the global slump Slump

A temporary fall in performance, often describing consistently falling security prices for several weeks or months.
 in air travel means that buyers currently hold the upper hand. Parent company of US carrier Alaska Airlines Alaska Airlines, (NYSE: ALK) is an airline based in Seattle, Washington, United States. It operates hubs at Seattle-Tacoma International Airport, Ted Stevens Anchorage International Airport, Los Angeles International Airport, and Portland International Airport. , which has an all-Boeing fleet, the Air Group said it will take its time evaluating various options for buying or leasing new aircraft.

Alaska executives have said they are quite happy with Boeing and its 737 model narrow-body jets but might look to save money by tapping the large fleet of jets stored on desert airstrips or by extending current leases at low rates.

Alaska feels that it can afford to wait for the market to bottom out before buying.
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Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Geographic Code:1U9AK
Date:May 27, 2003
Words:142
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