Alaska Air (ALK) Expects Q1 Loss Due to 737-9 MAX Grounding
Alaska Air(ALK) Zacks Investment Research·2024-03-15 01:01
Alaska Air Group, Inc. (ALK) provided unfavorable guidance for the first quarter of 2024. Notably, regulatory issues at Boeing (BA) have hurt Alaska Air’s results.We note that Boeing has been under the scanner ever since Alaska Airlines’ Ontario, CA-bound flight (1282) on Jan 5, 2024, saw a panel and window being blown out of the Boeing 737 MAX 9 jet shortly after takeoff from Portland, OR. Alaska Airlines is a wholly-owned subsidiary of Alaska Air Group.Owing to issues of Flight 1282 and the Boeing 737-9 M ...