Alaska agrees initial Boeing payout
- BTN News
- Friday, 05 April 2024
As the cost of its B737 MAX 9 'door plug blowout' on a January 5 flight filters through, Alaska Airlines has agreed an initial US$160 million compensation payout with Boeing.
It expects more will be paid later.
The payment covers a pre-tax loss related to the accident, including lost revenue and the cost of returning its MAX 9 fleet to service after all US MAX 9s were grounded for three weeks.