Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight
Source: Associated Press Finance, via Yahoo! Finance
Associated Press Finance
Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight
Associated Press Finance
Thu, Apr 4, 2024, 12:13 PM EDT * 1 min read
SEATTLE (AP) 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.
The airline said Thursday that it expects additional compensation, the terms of which it said are confidential.
The payment covered Alaska's pretax loss related to the accident, including lost revenue and the cost of returning its Max 9 fleet to service after the planes were grounded for three weeks.
The airline described the compensation in a regulatory filing. ... Boeing did not comment immediately.
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