Description
On Thursday, Alaska Air Group Inc. reported a revenue loss of $132 million in the first quarter of 2024.
The Seattle-based company reported a loss of $1.05 per share, or 92 cents per share after accounting for non-recurring costs.
In a press release, Alaska Airlines said its first-quarter results were "significantly impacted" by the January door panel blowout.
On the Jan. 5 flight, a door panel blew out after takeoff, and the plane had to make an emergency landing in Portland. It was determined that the cause of the incident was missing bolts that should have kept the panel secure throughout the flight.
READ MORE: https://www.king5.com/article/tech/science/aerospace/alaska-airlines-132-million-first-quarter-loss-door-panel-blowout/281-1b3eaaf9-6b28-40f7-9d05-8efc3d06423f