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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....
...Regulators have given the company until the end of May to submit a plan to improve....
...That is more than Alaska’s 65, or the combined total of 52 at Copa Airlines, Aeroméxico and Icelandair....
...The company this week reported burning almost $4bn in cash in the first quarter....
...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...
...The company, a key Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage....
...It expects the problems will persist “at least through 2026”. 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....
...Investor trust will continue to be tested....
...The most famous aerospace company in the US has a big credibility problem....
...They jokingly called their meetings “the breakfast trust”. The communications adviser was arrested in January 2023 and has been in police custody ever since....
...fuselage breach of an Alaska Airlines aircraft earlier this month....
...The wind is against green investment trusts in Europe....
...The company, a crucial Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage for some aircraft....
...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....
...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....
...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....
...door panel during an Alaska Airlines flight....
...But the Alaska Airlines door panel blew off shortly before the agreement was set to expire....
...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....
...Investment trusts make up 27 per cent of the companies in the FTSE 350 index....
...But analysts are querying if the company would consider issuing equity, even as its share price trades at half its pre-pandemic price....
...The company has been reeling since January when a door panel blew out mid-air during an Alaska Airlines flight....
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