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Alaska Airlines has begun flying Boeing Max 9 jetliners again and United flies plane on Saturday
TechXplore· 2024-01-28 10:37
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Boeing employees listen to Stan Deal, Boeing Commercial Airplanes President and CEO and other employees in Renton, Wash., on Thursday, Jan. 25, 2024. Alaska Airlines has begun flying Boeing 737 Max 9 jetliners again, Friday, Jan. 26, for the first time since they were grounded after a panel blew out of the side of one of the air ...
Alaska Airlines has begun flying Boeing Max 9 jetliners again for the first time Friday
Market Watch· 2024-01-27 15:26
Alaska Airlines ALK, -1.74% has begun flying Boeing 737 Max 9 jetliners again for the first time since they were grounded after a panel blew out of the side of one of the airline’s planes.The airline said in a statement that it has completed its final inspection of their group of the aircraft. They said they resumed flying the Max 9 with a flight from Seattle to San Diego on Friday afternoon.On Wednesday, the Federal Aviation Administration approved the inspection and maintenance process to return the plane ...
Alaska Airlines to resume first Boeing 737 Max 9 flight since grounding
Fox Business· 2024-01-26 20:20
Alaska Airlines will resume service of its 737 Max 9 fleet on Friday with a flight from Seattle to San Diego.  The carrier announced that it completed the final inspections on its first group of its 737 Max 9 aircraft so they can return to commercial service. Friday's flight will mark the first time a 737 Max 9 with a plug door returns to the skies since its nationwide grounding earlier this month.The update comes just two days after the Federal Aviation Administration (FAA) approved a detailed inspection a ...
Alaska Air(ALK) - 2023 Q4 - Earnings Call Transcript
2024-01-25 17:57
Alaska Air Group, Inc. (NYSE:ALK) Q4 2023 Earnings Conference Call January 25, 2024 11:30 AM ET Company Participants Ryan St. John - Vice President, Finance, Planning & Investor Relations Ben Minicucci - President & Chief Executive Officer Andrew Harrison - Chief Revenue Officer & Chief Commercial Officer Shane Tackett - Chief Financial Officer Nat Pieper - Senior Vice President, Fleet, Finance & Alliances & Treasurer Conference Call Participants Ravi Shanker - Morgan Stanley Savi Syth - Raymond James Finan ...
Alaska Airlines says the grounding of some Boeing planes will cost the airline $150 million
TechXplore· 2024-01-25 17:31
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Southwest Airlines Boeing 737 lands at Manchester Boston Regional Airport, June 2, 2023, in Manchester, N.H. Southwest Airlines reports their earnings on Thursday, Jan. 25, 2024. Credit: AP Photo/Charles Krupa, File Alaska Airlines said Thursday that the grounding of its Boeing 737 Max 9 jetliners will reduce full-year profit by ...
Alaska Air (ALK) Q4 Earnings & Revenues Surpass Estimates
Zacks Investment Research· 2024-01-25 17:01
Alaska Air Group, Inc. (ALK) reported fourth-quarter 2023 earnings per share (EPS) of 30 cents, which beat the Zacks Consensus Estimate of 18 cents but declined 67.4% year over year.Operating revenues of $2,553 million missed the Zacks Consensus Estimate of $2,548.1 million. The top line jumped 3% year over year, with passenger revenues accounting for 91.1% of the top line and increasing 3% owing to continued recovery in air-travel demand.Passenger revenues totaled $2,326 million in the reported quarter. On ...
Alaska Air Group sees $150M hit to profits from Boeing 737 Max 9 grounding
Proactive Investors· 2024-01-25 16:32
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Alaska Air (ALK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-01-25 15:36
For the quarter ended December 2023, Alaska Air Group (ALK) reported revenue of $2.55 billion, up 3% over the same period last year. EPS came in at $0.30, compared to $0.92 in the year-ago quarter.The reported revenue represents a surprise of +0.19% over the Zacks Consensus Estimate of $2.55 billion. With the consensus EPS estimate being $0.18, the EPS surprise was +66.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
Alaska Airlines says Boeing 737 Max 9 grounding will cost it $150 million
CNBC· 2024-01-25 11:36
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024.Alaska Airlines said Thursday that the weekslong grounding of the Boeing 737 Max 9 will cost the carrier $150 million.The Federal Aviation Administration grounded the planes a day after a door plug blew out during an Alaska flight on Jan. 5. Late Wednesday the agency said it approved inspection instructions that would al ...
Alaska Air found ‘one minor' issue following inspections of Boeing 737-900ER planes
Market Watch· 2024-01-25 11:34
Alaska Air Group Inc. ALK, -0.03%, which was at the heart of the issues surrounding the grounding of Boeing Co.’s BA, +1.24% 737 Max 9 planes, said Thursday it was “preparing to complete” the final inspections of all of those planes in its fleet. Regarding the Boeing 737-900ER model planes, which the Federal Aviation Administration said should also be “visually” inspected, Alaska Air said it has completed inspections of all those aircraft it has, “with only one minor finding which was immediately corrected ...