May 3 (Reuters) - Alaska Air Group ( ALK ) has received
$61 million in supplier credit memos from Boeing ( BA ) as
additional compensation for the hit from a temporary grounding
of 737 MAX 9 jets, the carrier said on Friday.
The airline had received $162 million in cash as
compensation from the planemaker in the first quarter.
An Alaska Airlines-operated MAX 9 jet experienced a mid-air
cabin panel blowout in January, which led to the U.S. Federal
Aviation Administration grounding 171 of the aircraft for about
three weeks.
The credit memos can be used to make future purchases at
Boeing ( BA ), Alaska said in its quarterly report on Friday.
Boeing ( BA ) is also compensating United Airlines - a
prominent customer - to address the financial damages related to
the grounding.
The incident had forced United to temporarily suspend
service on all 79 of its 737 MAX 9 aircraft, which resulted in a
$200 million hit in the first quarter.