Boeing pays Alaska Airlines $160 million in compensation over 737-9 MAX incident

Boeing has paid Alaska Airlines approximately $160 million in compensation during the first quarter of 2024, revealed in a stock filing by the airline. “As a result of the flight 1282 accident and the Boeing 737-9 MAX grounding, we lost approximately $160 million in Q1 pretax profit, primarily comprising lost revenues, costs due to irregular operations, and costs to restore our fleet to operating service,” the filing said. The flight 1282 accident on January 5, 2024, saw an Alaska Airlines 737-9 MAX aircraft’s door plug blow out shortly after take-off from Portland International Airport. The aircraft was forced to make