Alaska Air Gets Compensation from Boeing for Midair Mishap, 737 Max 9 Grounding
Headline from Investopedia
Alaska Air announced that it was getting monetary compensation from Boeing following the January midair incident when a door plug in a 737 Max 9 blew out.
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Alaska said in Thursday's filing that it expects to lose between $1.05 and $1.15 per share for the January-March quarter, with 95 cents per share of the loss related to the accident.
Alaska Air announced that it was getting monetary compensation from Boeing following the January midair incident when a door plug in a 737 Max 9 blew out.
Alaska Airlines said that Boeing paid $160 million in “initial compensation” and that the carrier expects additional compensation — the terms of which it said are confidential.
Alaska Airlines says Boeing has paid the carrier $160 million in “initial compensation” for a panel that blew out of an Alaska Boeing 737 Max 9 jetliner in January during a flight out of Portland. The airline said Thursday that it expects additional compensation, the terms of which it said are confi…
Boeing paid Alaska Airlines $160 million following the mid-flight door panel blowout incident that occurred earlier this year, the airline stated on Thursday.In a recent United States Securities and Exchange Commission filing, Alaska Airlines reported that Boeing provided the "initial compensation .