{"id":164215,"date":"2024-04-04T13:30:04","date_gmt":"2024-04-04T13:30:04","guid":{"rendered":"https:\/?p=164215"},"modified":"2024-04-04T18:43:39","modified_gmt":"2024-04-04T18:43:39","slug":"alaska-airlines-boeing-paid-160-million-in-compensation-after-max-9-grounding","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2024\/04\/alaska-airlines-boeing-paid-160-million-in-compensation-after-max-9-grounding.html","title":{"rendered":"Alaska Airlines: Boeing paid $160 million in compensation after MAX 9 grounding"},"content":{"rendered":"\n

Alaska Airlines <\/strong>said on Thursday that Boeing <\/strong>had paid about $160 million to the airline in the first quarter as initial compensation to address the hit from the temporary grounding of 737 MAX 9 jets.<\/p>\n\n\n\n

The payment is equivalent to lost profits in the quarter, the carrier said in a filing, adding it expects additional compensation.<\/p>\n\n\n\n

An Alaska Airlines-operated MAX 9 jet experienced a mid-air cabin panel blowout in January, which led the U.S. aviation regulator to order a temporary grounding of 171 jets for inspections.<\/p>\n\n\n\n

\u2192 Alaska Airlines announces direct flights between Portland and Atlanta<\/a><\/em><\/strong><\/p>\n\n\n\n

“Although we did experience some book away following the accident and 737-9 MAX grounding, February and March both finished above our original pre-grounding expectations,” Alaska said.<\/p>\n\n\n\n

The airline will now exclude the compensation from its calculation for first-quarter adjusted loss per share, which is expected to be $1.05 to $1.15. It had earlier planned to include the payment in its results.<\/p>\n\n\n\n

Alaska and United Airlines bore the brunt from the grounding of 737 MAX 9 aircraft following the panel blowout that has sparked a manufacturing and reputational crisis at Boeing and supplier Spirit AeroSystems.<\/p>\n\n\n\n

With information from Reuters<\/a><\/p>\n\n\n\n

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