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...The Alaska Airlines blowout happened two days before the three-year probationary period expired....
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
...Alaska — like JetBlue — will argue that consolidation is needed to create a stronger company to compete against the industry’s traditional Big Four airlines....
...The company on Wednesday reported a $355mn net loss in the first quarter....
...Alaska Airlines has cancelled 22 per cent....
...Alaska Airlines said instead of receiving 23 Maxes this year, Boeing would deliver between 10 and 20. The company had expected to expand flying capacity up to 5 per cent more than last year....
...Shares in the parent company of Hawaiian Airlines shares almost tripled on Monday, after Alaska Air announced it would acquire its smaller rival in $1.9bn deal that would expand its reach across the western...
...Boeing has called a company-wide safety meeting for Tuesday to discuss its response to the incident....
...Long gold positions held by futures traders on the Shanghai Futures Exchange (SHFE) climbed to 295,233 contracts, equivalent to 295 tonnes of gold....
...Meanwhile, production rates have slowed since the the mid-air blowout of a door panel on an Alaska Airlines flight in January....
...Important customers, including Ryanair and aircraft lessor AerCap, have in recent weeks warned that the company needs to focus on safety and quality control....
...Hours later, the chief executive of Alaska Airlines revealed that his airline had found “some loose bolts on many” Max 9s during inspections of the planes....
...The company has cut the rate at which it produces 737 Max planes as it seeks to resolve manufacturing flaws, resulting in delivery delays that have forced some airlines to amend their flight schedules....
...Spirit AeroSystems, a key Boeing supplier, installs the plugged door as part of its construction of the 737 Max fuselage, a company spokesman confirmed. The spokesman declined to comment further....
...“[WBS] was viewed, outside of government debt, as the gold standard of UK fixed income investment,” said Steve Curtis, a finance partner at law firm Latham & Watkins who has advised on a number of water...
...In cash terms, the Boeing boss took home $5mn in pay vs $7mn in 2022, according to the company. He also waived his right to a $2.8mn incentive payment after the Alaska Airlines incident....
...But the Alaska Airlines door panel blew off shortly before the agreement was set to expire....
...The company is expected to report a loss of $1.21 a share, compared with a loss of 69 cents a year ago....
...Boeing is replacing the executive in charge of manufacturing its 737 Max aircraft, weeks after a door panel blew out of one of the planes on an Alaska Airlines flight....
...The latest blow to its authority came last Friday when part of the fuselage of an Alaska Airlines 737 Max 9 jet blew out at 16,000 feet, inducing a sudden decompression....
...De Montessus instructed Allied Gold to make the payment to the third party, the investigation found....
...The company has been reeling since January when a door panel blew out mid-air during an Alaska Airlines flight....
...United Airlines blamed Boeing for a first-quarter loss, saying its results suffered from the grounding of the 737 Max 9 fleet after a door panel blew off during an Alaska Airlines flight three months ago...
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