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Market Chatter: Alaska Air Prioritizes Boeing 737 Max Quality, Safety Over Production Rate, CFO Says
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Market Chatter: Alaska Air Prioritizes Boeing 737 Max Quality, Safety Over Production Rate, CFO Says
Apr 18, 2024 6:40 AM

09:12 AM EDT, 04/18/2024 (MT Newswires) -- Alaska Air Group ( ALK ) Chief Financial Officer Shane Tackett said the carrier is focused more on the quality and safety of Boeing's ( BA ) 737 Max planes and is not concerned about the production rate of the jetliners, Reuters reported Thursday.

Tackett reportedly said in an interview that Alaska Air ( ALK ) expects additional delays in Boeing's ( BA ) Max 10 program, but there is no update on the certification timeline.

Alaska Air ( ALK ) was forced to ground its Max 9 fleet for weeks after a door plug on one of its planes blew out midair in January. The grounding led to a first-quarter loss for the company.

Alaska Air ( ALK ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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