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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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