Alaska Air receives Boeing compensation for 737 Max grounding


Alaska Air receives Boeing compensation for 737 Max grounding

Friday, 05 Apr, 2024 0

Alaska Airlines says it has been compensated by Boeing for the door panel blowout and short grounding of all 737 Max 9 planes.

The airline says it received $160 million from the plane maker during the first quarter.

It expects to receive further compensation in the current quarter Alaska Air said in a filing this week.

In the filing it acknowledged ‘results were significantly impacted by Flight 1282 in January and the Boeing 737-9 Max grounding which extended into February.’

The Federal Aviation Administration grounded the planes after a door plug blew out midflight in early January.

It happened on one of Alaska Airlines’ new Boeing 737 Max 9  jets at 16,000 feet shortly after take off.

“Although we did experience some book away following the accident and grounding, February and March both finished above our original pre-grounding expectations,” the airline said. 

Related News Stories:  Alaska Airlines’ blowout plane was scheduled for maintenance later …     Hundreds of flights canceled due to Boeing Max grounding …     Boeing warns of big quarterly losses after blowout incident     No UK airlines impacted by Boeing 737-9 Max grounding – TravelMole     JetBlue gives up on merger with Spirit Airlines     Boeing’s 737 Max chief steps down     Winter wonderland in Anchorage, Alaska     DOJ opens criminal investigation of Boeing     FAA probes latest Boeing mid-flight mishap     Qatar Airways unveils summer flights to Tashkent, Uzbekistan …    



Related News Stories:  Alaska Airlines Receives $160 Million From Boeing for Blowout ...     Alaska Air Gets Compensation from Boeing for Midair Mishap, 737 ...     Alaska Air says Boeing paid $160 million in compensation after MAX ...     Alaska Air Receives $160 Million Payment From Boeing - WSJ     Alaska Air says Boeing issued $61 million in credit memos to ...     Alaska receives $61m Boeing credit for Max 9 grounding | News ...     Alaska Air Group reports first quarter 2024 results - Alaska Airlines ...     United to Receive Compensation for MAX 9 Grounding     Information about Alaska Airlines Flight 1282 and our 737-9 MAX fleet     Boeing is paying for its 737 MAX 9 troubles. Here's how much.    



 

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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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