By David Koenig, Associated PressFILE - An Alaska Airlines Boeing 737 Max 9 awaits inspection at the airline's hangar at the Seattle-Tacoma International Airport, Jan. 10, 2024, in SeaTac, Wash.
The payment covered Alaska’s pretax loss related to the accident, including lost revenue and the cost of returning its Max 9 fleet to service after the planes were grounded for three weeks.Boeing declined to comment on Alaska’s filing. A spokesman referred to comments that the company’s chief financial officer, Brian West, made last month. “Customer consideration” after the accident will affect Boeing’s financial results, he said, but didn’t give any numbers.
“We have received initial compensation from Boeing to address the financial damages incurred as a result of Flight 1282 and the 737-9 MAX groundings,” the airline said. “As part of this compensation, Boeing paid Air Group approximately $160 million in cash during the first quarter. ... Additional compensation is expected to be provided beyond” the first quarter.
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