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Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says knzr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from knzr.com Daily Mail and Mail on Sunday newspapers.
Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says wjnt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wjnt.com Daily Mail and Mail on Sunday newspapers.
Stephen Brashear/Getty Images(NEW YORK) Boeing has paid Alaska Air Group approximately $160 million in compensation following the door plug incident on Alaska flight 1282, according to an SEC filing from the carrier.Alaska said the money is "initial compensation" from Boeing "to address the financial damages incurred as a result of Flight 1282 and the 737-9 MAX groundings," the filing stated.The airline said as a result of the incident, it lost approximately $160 million in first-quarter pretax profit "primarily comprising lost revenues, costs due to irregular operations, and costs to restore our fleet to operating service," the filing, dated Thursday, stated.Alaska also said additional compensation is expected from Boeing, the terms of which are confidential, according to the filing.In response to a request for comment, Boeing referred ABC News to comments made by its CFO, Brian West, at a conference last month where he said there is going to be " ....
ABC Business - WOND wondradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wondradio.com Daily Mail and Mail on Sunday newspapers.
Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says - WEIS weisradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weisradio.com Daily Mail and Mail on Sunday newspapers.