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Boeing Compensates Alaska Airlines $160 Million for Door Plug Blowout
TRAVEL WEEKLY ^ | Apr 05, 2024 | Robert Silk

Posted on 04/05/2024 3:43:59 PM PDT by nickcarraway

Boeing has paid $160 million in compensation to Alaska Airlines for the exit plug blowout on a Jan. 5 Alaska flight out of Portland, Ore.

The figure is equal to the amount Alaska Airlines says it lost in pre-tax profit due to the door plug incident and its aftermath, which included a three-week grounding of Alaska's fleet of 65 Boeing 737 Max 9 planes.

"Additional compensation is expected to be provided beyond Q1, the complete terms of which are confidential," Alaska said in a regulatory filing.

The National Transportation Safety Board (NTSB) has concluded that the exit door plug, which blew out at 16,000 feet shortly after takeoff, was delivered to Alaska Airlines without four bolts needed to hold it in place.

The incident has sparked lawsuits against Alaska Airlines and Boeing, and has led to a wave of new scrutiny and leadership turnover at Boeing.


TOPICS:
KEYWORDS: airtravel; alaskaairlines; boeing

1 posted on 04/05/2024 3:43:59 PM PDT by nickcarraway
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To: nickcarraway

Now if only they could afford competent workers


2 posted on 04/05/2024 3:55:08 PM PDT by NWFree (Sigma male 🤪)
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To: nickcarraway

Door Plug meet Butt Plug


3 posted on 04/05/2024 3:59:43 PM PDT by Hyman Roth
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To: nickcarraway
And at the same time Boeing compensated their CEO David Calhoun nearly $33 million because he's doing such a great job...
4 posted on 04/05/2024 4:09:50 PM PDT by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: Yo-Yo

They gave Muilenberg $62 million when they fired him...

https://www.nbcnews.com/business/business-news/boeing-s-ousted-ceo-departs-62-million-even-without-severance-n1114061

The joke of this is, whatever “savings” Boeing thought it was generating by this lowest cost contracting out and endless financial based cost cutting, has been dwarfed by just this one payout.

Prioritizing financials, rather than safety and engineering excellence, fails on its own terms.

But they keep doing it because it seems to work in the short term, and douches like Calhoun and Muilenberg keep getting big payouts based on it.


5 posted on 04/05/2024 4:30:41 PM PDT by Reverend Wright ( Everything touched by progressives, dies !)
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To: nickcarraway

I wonder if Lockheed or Grumman are interested in rejoining the domestic airliner market?


6 posted on 04/05/2024 4:49:42 PM PDT by Fai Mao (Starve the Beast and steal its food.)
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To: Fai Mao

I wish Lockheed would. I loved the L-1011.


7 posted on 04/05/2024 4:54:41 PM PDT by nickcarraway
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To: NWFree

Fasteners are racist.


8 posted on 04/05/2024 5:46:13 PM PDT by WeaslesRippedMyFlesh
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To: nickcarraway

my unreasonable question is: if it came with the required four bolts how did the plane pass inspection after the repear/replacement?


9 posted on 04/05/2024 6:31:17 PM PDT by jimfr
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To: nickcarraway

The $40 million bolts.


10 posted on 04/05/2024 7:04:39 PM PDT by Honest Nigerian
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To: Fai Mao
I wonder if Lockheed or Grumman are interested in rejoining the domestic airliner market?

I loved the Lockheed Tristar. Pilots liked it also.

11 posted on 04/05/2024 9:42:28 PM PDT by cpdiii (cane cutter-deckhand-oilfield roughneck-drilling fluids tech-geologist-pilot-instructor-pharmacist)
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To: nickcarraway

$160 million. This shows the airlines are making a bundle of money. Probably all in extra fees : )


12 posted on 04/07/2024 1:37:44 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: nickcarraway

None of the execs are engineers nor do they work where the planes are made.

“It’s an Empty Executive Suite”

An insider explains what has gone disastrously wrong with Boeing.
https://www.city-journal.org/article/insider-explains-what-has-gone-wrong-with-boeing


13 posted on 04/07/2024 1:39:42 AM PDT by minnesota_bound (Need more money to buy everything now)
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