Boeing gives Alaska Airlines $160M ‘initial payment' for losses related to midair door blowout

Boeing has paid Alaska Airlines roughly $160 million as an “initial payment” for “financial damages” resulting from the flight that experienced a midair door blowout at 16,000 feet earlier this year.Alaska Airlines, which was operating the Boeing plane at the time the fuselage blew off, said in a regulatory filing that it lost “approximately $160 million” in its first quarter in pretax profit, “primarily comprising lost revenues, costs due to irregular operations and costs to restore our fleet to operating ...