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Boeing slammed for refusing to turn over records about Alaska Airlines blowout: ‘Utterly unacceptable'
New York Post· 2024-03-06 18:32
Boeing has refused to tell investigators who worked on the door plug that later blew off a jetliner during flight in January, the chair of the National Transportation Safety Board said Wednesday.The company also hasn’t provided documentation about a repair job that included removing and reinstalling the panel on the Boeing 737 Max 9 — or even whether Boeing kept records — Jennifer Homendy told a Senate committee.“It’s absurd that two months later we don’t have that,” Homendy said. “Without that information, ...
FAA audit finds Boeing quality control problems, ‘non-compliance issues' after Alaska Airlines blowout
New York Post· 2024-03-04 21:01
The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with manufacturing quality control requirements.The FAA also said it found “non-compliance issues in Boeing’s manufacturing process control, parts handling and storage, and product control.” The agency on Monday released a summary of its findings to the companies in its completed audit but did not make that public b ...
3 passengers on the Alaska Airlines blowout flight are suing the carrier and Boeing for $1 billion
Business Insider· 2024-03-04 11:04
Three passengers are suing Alaska Airlines and Boeing for $1 billion.The law firm said the "preventable incident" jeopardized the lives of 180 people. It follows a class-action lawsuit filed in January on behalf of 14 passengers. 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. Email address By clicking “Sign Up ...
Here's Why You Should Hold on to Alaska Air (ALK) Stock Now
Zacks Investment Research· 2024-03-01 16:21
Alaska Air Group's (ALK) shareholder-friendly approach and upbeat air travel demand bode well. However, high costs are hurting the bottom line.Factors Favoring ALKBoosted by strong air travel demand and favorable pricing, Alaska Air's revenues surged 8% year over year in 2023, with passenger revenues also marking an 8% increase for the year.Alaska Air's efforts to modernize its fleet bode well. The impending $1.9 billion acquisition of Hawaiian Holdings (HA) will bolster its fleet size further if the deal t ...
Alaska Air Group (ALK) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-02-24 00:16
Alaska Air Group (ALK) ended the recent trading session at $38.65, demonstrating a -1.85% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.04% for the day. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.28%.Shares of the airline witnessed a gain of 5.24% over the previous month, beating the performance of the Transportation sector with its gain of 4.15% and the S&P 500's gain of 5.01%.The ...
Head of Boeing's 737 Max program leaves company after Alaska Air door blowout
New York Post· 2024-02-21 20:21
Boeing said the head of its 737 Max program is leaving as it continues to grapple with fallout over the midair door blowout on an Alaska Air flight last month.Ed Clark, who led Boeing’s troubled department that also oversees the production of its embattled Max 9 model, is leaving immediately, Stan Deal, the chief executive of the commercial airplanes unit, said in a Wednesday memo to employees obtained by The Post.According to his LinkedIn, Clark’s exit caps off a nearly 15-year stint at the Seattle-based f ...
Alaska Air flight attendants authorize strike for first time in over 30 years
Fox Business· 2024-02-14 01:05
Unionized flight attendants at Alaska Airlines on Tuesday voted to authorize a potential strike for the first time in three decades as thousands of cabin crew across three unions picketed for higher pay outside airports in the U.S., the United Kingdom and Guam. Out of 93.47% of Alaska Air flight attendants represented by the Association of Flight Attendants (AFA-CWA) who participated in Tuesday's vote, 99.48% voted in favor of authorizing a strike. Strike authorization votes are common tactics in negotiatio ...
Alaska Air's (ALK) Subsidiary Offers New Services in Portland
Zacks Investment Research· 2024-02-13 19:06
Alaska Air Group’s (ALK) subsidiary, Alaska Airlines, is gearing up with new lucrative offers to attract more customers in Portland.ALK will offer a premium travel experience to all its guests in Portland or across its expanding network. Passengers are likely to enjoy First Class and Premium Class facilities, various fare offerings, a generous loyalty program with a Mileage Plan with the fastest path to elite status, 30 global partners and West Coast food and beverage on board.Notably, the company has added ...
Alaska Air(ALK) - 2023 Q4 - Annual Report
2024-02-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8957 ALASKA AIR GROUP, INC. Delaware 91-1292054 (State of Incorporation) (I.R.S. Employer Identification No.) 19300 International Boulevard, Seattle ...
Lawsuit expands with new allegations against Boeing, Alaska Airlines over 737 Max 9 panel blowout
Fox Business· 2024-02-07 23:06
An attorney representing a group of passengers on Alaska Airlines Flight 1282 that suffered a depressurization after a door plug panel blew off a Boeing 737 Max 9 midflight has expanded the lawsuit with new allegations about the incident. Mark Lindquist, an attorney representing 22 passengers who were on Flight 1282 when the emergency occurred in a lawsuit against Alaska Airlines and Boeing, said the newly amended lawsuit includes a new allegation that passengers on a prior flight of the aircraft heard a wh ...