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Boeing pays Alaska Airlines $160 million in compensation for midair panel blowout

Boeing pays Alaska Airlines $160 million in compensation for midair panel blowout

Old Apr 4, 2024, 3:54 pm
  #1  
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Boeing pays Alaska Airlines $160 million in compensation for midair panel blowout

This is “initial compensation” so there could be more to come, but those figures will likely remain confidential. The Article indicates this was intended to cover “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”
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Old Apr 4, 2024, 5:08 pm
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I assume there's some indemnification clauses when one court or another awards damages against ALK.
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Old Apr 5, 2024, 11:04 am
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Looking forward to fare reductions to share the wealth with those of us who pay the bills
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Old Apr 5, 2024, 11:39 am
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Originally Posted by Out of my Element
Looking forward to fare reductions to share the wealth with those of us who pay the bills
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Old Apr 5, 2024, 2:01 pm
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Originally Posted by Out of my Element
Looking forward to fare reductions to share the wealth with those of us who pay the bills
What you really meant was "shareholder the wealth" and the rest of your post was Sue Per Fullus.
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Old Apr 5, 2024, 4:57 pm
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Originally Posted by Out of my Element
Looking forward to fare reductions to share the wealth with those of us who pay the bills
It's not "wealth", it's unrealized profit attributable to an exogenous, uninsured event.
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