Boeing gives Alaska Airlines $160M ‘initial payment' for losses related to midair door blowout
ALKAlaska Air(ALK) New York Post·2024-04-05 20:50

Boeing has paid Alaska Airlines roughly 160millionasaninitialpaymentforfinancialdamagesresultingfromtheflightthatexperiencedamidairdoorblowoutat16,000feetearlierthisyear.AlaskaAirlines,whichwasoperatingtheBoeingplaneatthetimethefuselageblewoff,saidinaregulatoryfilingthatitlostapproximately160 million as an “initial payment” for “financial damages” resulting from the flight that experienced a midair door blowout at 16,000 feet earlier this year. Alaska Airlines, which was operating the Boeing plane at the time the fuselage blew off, said in a regulatory filing that it lost “approximately 160 million” in its first quarter in pretax profit, “primarily comprising lost revenues, costs due to irregular operations and costs to restore our fleet to operating ...