"Boeing Compensates Alaska Airlines $160M for Plane Grounding, United Airlines Faces Boeing Plane Shortage"

TL;DR Summary
Boeing has paid Alaska Air Group approximately $160 million in initial compensation following the door plug incident on Alaska flight 1282, with more compensation expected. The incident resulted in a loss of approximately $160 million in first-quarter pretax profit for the airline. The Federal Aviation Administration grounded approximately 171 Max 9s worldwide following the incident, and the NTSB is still investigating. Amid the fallout, Boeing's CEO announced he will step down at the end of the year.
Topics:business#alaska-airlines#boeing#boeing-737-max-9#businessaviation#compensation#ntsb-investigation
- Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says ABC News
- Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight The Seattle Times
- Boeing pays out Alaska Airlines amid grounding of their planes The Hill
- Alaska Airlines says Boeing paid it $160 million for 737 Max 9 grounding CNBC
- United Airlines is asking pilots to take time off in May because of a shortage of new Boeing planes The Associated Press
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
85%
497 → 77 words
Want the full story? Read the original article
Read on ABC News