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mahatmakanejeeves

(57,881 posts)
Thu Apr 4, 2024, 12:26 PM Apr 4

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.

{snip}

Read more: https://finance.yahoo.com/news/boeing-pays-alaska-airlines-160-161302708.html

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Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight (Original Post) mahatmakanejeeves Apr 4 OP
That's $160 million they could have spent on quality control, but I guess executive compensation comes first, huh? Aristus Apr 4 #1

Aristus

(66,587 posts)
1. That's $160 million they could have spent on quality control, but I guess executive compensation comes first, huh?
Thu Apr 4, 2024, 01:05 PM
Apr 4

Corporate American will never learn from its many, many, mistakes.

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