Following the exit plug blowout on an Alaska Airlines flight on Jan. 5, Boeing has agreed to pay $160 million in compensation to the airline. This payment reflects the pre-tax profit that Alaska Airlines claims to have lost as a result of the incident, which led to a three-week grounding of their fleet of Boeing 737 Max 9 planes. While additional compensation is expected to be provided beyond the first quarter of the year, the terms of the agreement remain confidential.
The National Transportation Safety Board (NTSB) has determined that the exit door plug blew out due to the absence of four bolts needed to secure it in place, and this has prompted legal action against both Alaska Airlines and Boeing. In addition, the incident has brought about a period of intense scrutiny and changes in leadership at Boeing.
The $160 million compensation payment from Boeing to Alaska Airlines signifies a significant resolution to the aftermath of the exit plug blowout, which had serious consequences for both the airline and the manufacturer. It remains to be seen how the ongoing lawsuits and investigations will unfold, and how this incident will continue to impact the aviation industry moving forward.
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