Alaska Airlines, the wholly-owned subsidiary of Alaska Air Group (ALK) , received encouraging tidings on the labor front when its aircraft maintenance technicians, maintenance controllers and supporting staff, represented by the Aircraft Mechanics Fraternal Association or AMFA, approved a new five-year contract.Negotiated over 12 months, the deal boasts increased pay, enhanced retirement contributions and quality of life improvements. CEO Ben Minicucci commended the airline’s expertise and dedication, empha ...

Alaska Air Group, Inc. (ALK) provided unfavorable guidance for the first quarter of 2024. Notably, regulatory issues at Boeing (BA) have hurt Alaska Air’s results.We note that Boeing has been under the scanner ever since Alaska Airlines’ Ontario, CA-bound flight (1282) on Jan 5, 2024, saw a panel and window being blown out of the Boeing 737 MAX 9 jet shortly after takeoff from Portland, OR. Alaska Airlines is a wholly-owned subsidiary of Alaska Air Group.Owing to issues of Flight 1282 and the Boeing 737-9 M ...

ToplineSurveillance footage from a repair facility where a metal door plug was reinstalled to an Alaska Airlines 737 was overwritten by Boeing, according to National Transportation Safety Board chair Jennifer Homendy, as federal investigators demand more information from Boeing after the door plug blew off mid-flight earlier this year.The aircraft manufacturer told federal investigators it had no record of work performed on the door. ... [+] Getty Images Key FactsThe NTSB requested surveillance footage from ...

The DoJ opened a criminal investigation into the Boeing 737 blowout, The Wall Street Journal reported.Boeing has come under increased scrutiny over the safety of its 737 Max fleet.Alaska Airlines said this was "normal" and it was not the target of the investigation. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Em ...

andresr Listen below or on the go on Apple Podcasts and Spotify The core CPI is forecast to dip to 3.7%, with headline CPI steady at 3.1%. (0:20) DoJ reportedly investigating Alaska Airlines door blowout. (2:54) BofA sees gold rising, but at a slower rate. (4:46) The following is an abridged transcript The top story to look out for this week The markets will get the latest retail inflation figures before the bell on Tuesday, the last numbers before the March 20 Fed meeting. Economists expect that the ...

The Justice Department has launched a criminal investigation into the fuselage panel blowout on an Alaska Airlines jet.The feds have started to contact passengers and crew members of the horrifying Jan. 5 flight, which made an emergency landing in Portland, Ore., after the door plug of the Boeing 737 Max 9 blew off at 16,000 feet in the air, The Wall Street Journal reported Saturday, citing documents and people familiar with the matter.  3 The Justice Department has launched a criminal investigation into ...

ToplineThe Department of Justice has launched a criminal probe into a Jan. 5 Alaska Airlines flight where a door blew open mid-flight aboard a Boeing 737 MAX 9 plane, according to the Wall Street Journal, which cited documents and unnamed individuals familiar with the probe.This photo released by the National Transportation Safety Board shows a gaping hole where the ... [+] paneled-over door had been at the fuselage plug area of Alaska Airlines Flight 1282. (National Transportation Safety Board via AP, File ...

An Alaska airlines Boeing 737 is taking off from Los Angeles International AirPort (LAX) in Los Angeles, California, on March 6, 2024.The Justice Department has started a criminal investigation into the Alaska Airlines incident where a door panel blew out mid-air two months ago, The Wall Street Journal reported Saturday.The newspaper, citing documents and people familiar with the matter, said investigators have contacted passengers, pilots and flight attendants on Flight 1282 on Jan. 5 heading to Ontario, C ...

"In an event like this, it's normal for the DOJ to be conducting an investigation. We are fully cooperating and do not believe we are a target of the investigation," Alaska Airlines said in an emailed statement to Reuters.The Wall Street Journal earlier reported, citing documents and people familiar with the matter, that the investigators have contacted some passengers and crew on the Jan. 5 flight, which made an emergency landing in Portland, Oregon, after a fuselage panel ripped off midair.The investigati ...

Embattled airplane manufacturer Boeing said it’s overhauling its bonus structure to tie payouts more closely to safety — its latest move to prioritize quality over profits as it looks to recover from the reputational crisis caused by a midair door-plug blowout.The new structure will apply to Boeing’s nonunion workforce of more than 100,000 staffers, including managers and executives, according to an internal memo obtained by The Wall Street Journal.The note, which was first circulated among employees, said ...