Alaska Air Adjusts Loss Estimate Following Boeing 737-9 Max Groundings

Thursday, 4 April 2024, 12:21

Alaska Air has updated its loss estimate due to the Boeing 737-9 Max groundings, attributing the change to an accounting adjustment. Despite the widened estimate, the impact on the airline's overall financial performance remains minimal. The adjustments reflect the ongoing challenges faced by airlines amidst the grounding of the Boeing 737-9 Max aircraft.

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Alaska Air Updates Loss Estimate

Alaska Air has revised its loss estimate resulting from the Boeing 737-9 Max groundings. The adjustment in the estimate is primarily due to an accounting change.

Impact on Financial Performance

The widened estimate does not significantly impact Alaska Air's financial performance.
The change is attributed to an accounting adjustment.
The airline continues to navigate challenges amidst the Boeing 737-9 Max groundings.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.