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Alaska Airlines finds many loose bolts on its Boeings as United questions orders
TechXplore· 2024-01-24 09:25
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: Alaska Airlines' chief executive said an in-house inspection had found many of its 737 MAX 9 aircraft had loose bolts. Boeing came under renewed pressure Tuesday as the head of Alaska Airlines said inspections carried out after a dangerous incident had found many loose bolts on its 737 MAX 9 aircraft. The Federal Aviation Admi ...
Boeing plane sees wheel fall off as Alaska Air slams plane maker
Proactive Investors· 2024-01-24 08:29
Boeing’s problems continue to mount with reports overnight of a front wheel falling off a plane at Atlanta airport, while the chief executive of Alaska Airlines slammed the plane maker's production processes. Alaska Airlines currently has all its fleet of Boeing 737 MAX 9s grounded after a door blew off one of its flights on 5 January. Ben Minicucci, Alaska Airlines's chief executive, told a US TV station yesterday that internal inspections of its planes had found “many” loose bolts. "My demand on Boeing is ...
Alaska Airlines chief says checks on Boeing 737 MAX 9 planes found 'many' loose bolts
Skynews· 2024-01-24 01:42
The chief executive of an American airline company has said internal checks found "many" loose bolts on their Boeing 737 MAX 9 planes.Ben Minicucci, the head of Alaska Airlines, told Sky News's US partner network NBC News that he was "angry" about an incident on 5 January when a panel on one of the company's planes blew out mid-air on a flight carrying 177 people. "I'm more than frustrated and disappointed," he said."I am angry. This happened to Alaska Airlines. It happened to our guests and happened to our ...
United Airlines CEO lashes out at Boeing over blown Alaska Airlines panel: ‘Straw that broke the camel's back'
New York Post· 2024-01-23 19:00
The top executive at United Airlines threatened to shun Boeing after the carrier’s fleet of Max 9 aircraft was grounded in the wake of the near-disastrous Alaska Airlines door blowout.“I think the Max 9 grounding is probably the straw that broke the camel’s back for us,” United CEO Scott Kirby told CNBC’s “Squawk Box” on Tuesday morning.Kirby lamented the fact that he envisions a five-year delay — which he calls “best case” scenario — for the rollout of the 737 Max 10, the latest version of the plane that ...
Unveiling Alaska Air (ALK) Q4 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-01-23 13:31
In its upcoming report, Alaska Air Group (ALK) is predicted by Wall Street analysts to post quarterly earnings of $0.17 per share, reflecting a decline of 81.5% compared to the same period last year. Revenues are forecasted to be $2.55 billion, representing a year-over-year increase of 2.8%.Over the last 30 days, there has been an upward revision of 4.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their init ...
3 airline stocks you can buy the dip on
MarketBeat· 2024-01-22 12:13
Key PointsAirline stocks have taken a beating in the past couple of weeks, driven by one initial incident with Boeing's MAX 9.As these companies share a common virus, your best bet is on a cure coming in soon; here are three deals for you.With momentum and consensus or going against the grain, you can find what fits your portfolio here.5 stocks we like better than BoeingThere's always a dip somewhere in the world that investors with a lot of dry powder (cash buying power) patiently wait to deploy their asse ...
Is a Beat in Store for Alaska Air (ALK) in Q4 Earnings?
Zacks Investment Research· 2024-01-19 11:46
Alaska Air Group (ALK) is scheduled to report fourth-quarter 2023 results on Jan 25, before market open.The company has an unimpressive earnings surprise history, having surpassed the Zacks Consensus Estimate in two of the preceding four quarters and missing twice, the average miss being 4.63%. The Zacks Consensus Estimate for fourth-quarter earnings has been revised 15% downward over the past 60 days.Given this backdrop, let’s examine the factors likely to have influenced Alaska Air’s performance in the to ...
Alaska Airlines, Boeing sued by passengers on plane when door flew off midflight
Fox Business· 2024-01-17 22:21
Four passengers aboard an Alaska Airlines flight when part of the plane's fuselage flew off midflight earlier this month are suing the airline and Boeing, the manufacturer of the plane. The lawsuit was filed Tuesday in King County Superior Court in Seattle, and, according to the attorney for the plaintiffs, it is the first complaint filed against Alaska Airlines over the incident, The Seattle Times reported. Ticker Security Last Change Change % ALK ALASKA AIR GROUP INC. 33.61 -0.81 -2.35% Alaska Air Group, ...
Boeing's manufacturing processes are under investigation after the Alaska Airlines blowout, the FAA says
Business Insider· 2024-01-17 15:03
The Federal Aviation Administration announced Wednesday that it is investigating Boeing's manufacturing practices and production lines.Advertisement It includes processes involving Spirit AeroSystems, the Kansas-based company that builds the fuselages and other parts of Boeing planes.The FAA said its investigation is also "examining potential system change." Related stories All 171 Boeing 737 Max 9 jets with a door plug have been grounded by the agency following the Alaska Airlines Flight 1282 incident. ...
Flight disruptions linger as winter storms, Max 9 grounding snarl travel
CNBC· 2024-01-16 17:21
Over 320 flights have been canceled because of a winter storm that brought snow and freezing temperatures to Denver International Airport in Denver, Colorado on January 15, 2024.Airlines canceled more than 1,800 U.S. flights Tuesday as winter weather continued to disrupt travel for millions of travelers.Storms in the Northeast contributed to nearly 4,000 delays and snarled operations at major airports serving New York and Washington, D.C., according to flight-tracker FlightAware. Flight disruption improved ...