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   AVIATION      Aviation echo, airline-related news      717 messages   

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   Message 489 of 717   
   Aviation HQ to All   
   Boeing pays $160.000.000 compensation to   
   05 Apr 24 12:54:55   
   
   MSGID: 2:292/854 133a3c23   
   TZUTC: 0200                     
   Aircraft manufacturer Boeing paid Alaska Airlines $160 million in compensation   
   in the past quarter to ground the 737 MAX 9. Alaska Airlines said   
   first-quarter results suffered significantly after a door panel came loose   
   during a flight in January.   
       
   Alaska Airlines expects to be further compensated by Boeing during the course   
   of this year. Since the incident in January, dozens of MAX 9 aircraft have   
   been grounded and many flights have had to be cancelled. Loose parts were also   
   later found on other MAX 9 aircraft. CEO Dave Calhoun of the troubled aircraft   
   manufacturer recently announced that he is leaving the company. Several other   
   top executives are also leaving.   
       
   Boeing warned last month of financial setbacks due to various investigations   
   into the group and of slower production of its 737 MAX aircraft. Boeing is now   
   busy improving safety procedures. For example, last month the manufacturer   
   announced a new bonus system, in which safety and quality are the most   
   important. Previously, three-quarters of additional rewards were based on   
   financial performance.   
      
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