Boeing to compensate United Airlines for MAX 9 grounding
Virginia, April 22 -- United Airlines will receive compensation from aircraftmaker Boeing for financial damages incurred in the first quarter due to the grounding of 737 MAX 9 aircraft, the carrier said.
U.S. regulators had in January grounded some Boeing 737 MAX 9 aircraft for about three weeks for safety checks after a cabin panel blowout on an Alaska Airlines-operated MAX 9 jet.
The incident had forced United Airlines - a prominent Boeing BA.N customer - to temporarily suspend service on all 79 of its 737 MAX 9 aircraft, which resulted in a $200 million hit for the airline in the first quarter.
United Airlines said in a filing on Wednesday that a confidential agreement with Boeing will provide it with "credit memos" for future purch...
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