The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a hole in the fuselage, is seen during the investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, USA January 7, 2024.
NTSB | Via Reuters
Boeing paid Alaska Airlines According to the airline, compensation in the first quarter will amount to $160 million for the grounding of the 737 Max 9.
The Federal Aviation Administration grounded the jets after a door plug blew out of a nearly new Alaska Boeing 737 Max 9 when the flight was at 16,000 feet, following a new tragedy involving Boeing's best-selling plane.
Alaska said in a filing Thursday that its first-quarter results were “significantly impacted by Flight 1282 in January and the grounding of the Boeing 737-9 MAX, which lasted until February.”
Alaska said it expects additional compensation after the first quarter.
Alaska also said demand was high despite an immediate impact after the accident. “Although we were behind after the accident and the grounding of the 737-9 MAX, February and March both ended ahead of our original pre-grounding expectations, thanks to these core improvements,” the report said.
The filing is a first look at what Boeing is offering its key customers as a result of the Jan. 5 accident, which has led to additional government scrutiny and a slowdown in aircraft deliveries and production.
United AirlinesThe pilots' union told members last week that the airline is offering pilots unpaid leave in May due to delayed deliveries from Boeing, CNBC reported earlier this week.
Boeing did not immediately comment. The manufacturer and US airlines will publish first-quarter results later in April.
Shares of Alaska rose more than 5% in morning trading, while Boeing rose 1%, compared with a 0.6% gain in broader trading. market.