Alaska Air (ALK) Gets Initial $160 M Compensation From Boeing

Boeing's (BA) initial compensation of $160 million to Alaska Air (ALK) covers ALK's pretax loss pertaining to the Jan 5 accident.

Boeing pays Alaska Air $160m after January blow out

Boeing Co (NYSE:BA, ETR:BCO) has paid Alaska Air Group (NYSE:ALK) US$160 million (£126 million) to compensate for losses relating to January's mid-air door panel blowout. Alaska added it expects mo...

Boeing gives Alaska Airlines $160M ‘initial payment' for losses related to midair door blowout

Boeing has paid Alaska Airlines roughly $160 million as an “initial payment” for “financial damages” resulting from the flight that experienced a midair door blowout at 16,000 feet earlier this year.

Boeing pays Alaska Airlines $160 million in cash in 'initial payment' following mid-air blowout

Alaska Airlines said Boeing has paid the carrier $160 million in “initial compensation" after a door plug blowout on a 737-9 MAX plane in Jan.

Alaska Air Gets Compensation from Boeing for Midair Mishap, 737 Max 9 Grounding

Alaska Air Group (ALK) reported Thursday it was receiving compensation from Boeing (BA) for financial damages incurred related to a January incident when a door plug on an Alaska Airlines Boeing 73...

The 3 Best Airline Stocks to Buy in April 2024

Based on recent headlines talking of figurative and literal turbulence for the air travel space, you are correct to assume the best airline stocks to buy in April are a pretty short list. Shares in...

Boeing Pays Alaska Airlines $160 Million After Door Blowout Incident

Alaska Airlines announced in a filing Thursday it received a $160 million cash payment from Boeing in compensation for lost revenues stemming from the January mid-flight door plug blowout incident,...

Boeing pays Alaska Airlines $160 million for 737 Max 9 grounding

The FAA grounded the planes after a door panel blew out of an Alaska Airlines Boeing 737 Max 9 midflight.

Alaska Air widens loss estimate resulting from Boeing 737-9 Max groundings, but only because of an accounting change

Alaska Air Group Inc. ALK, -0.43% said it lost more in the first quarter than it previously estimated, due to changes in the accounting of compensation from Boeing Co. BA, -1.66%, resulting from th...

Alaska Air Group says 737 Max 9 grounding may hit long-term profit growth

Alaska Air Group said on Thursday the lost capacity from the Boeing 737 Max 9 fleet grounding may cause its long-term profit growth to be below its target range of 4% to 8%.

Boeing has ‘serious work ahead' after Alaska Airlines mess: top exec

"We will put safety and quality above all else in order to meet and exceed the expectations of our regulators, customers, flying public and each other," Pope said.

How Alaska Air (ALK) Stock Stands Out in a Strong Industry

Alaska Air (ALK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Boeing CEO Dave Calhoun to resign at end of the year following Alaska Air door blowout

Boeing CEO Dave Calhoun will leave his post at the end of the year and the company's chairman of the board will step down this spring as the aerospace company reels from increased scrutiny from reg...

Boeing's CEO announces he will resign at the end of the year amid the Alaska Airlines safety saga

Boeing CEO Dave Calhoun will step down at the end of 2024, the company said Monday. Calhoun has faced huge scrutiny over the Alaska Airlines 737 Max door blowout in January.

FBI tells Alaska Airlines 737 MAX 9 passengers they may be crime victims

The U.S. Federal Bureau of Investigation has told passengers who were on an Alaska Airlines Boeing 737 MAX 9 that suffered a Jan. 5 mid-air emergency that they may be victims of a crime, according ...


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