Alaska Airlines Faces Financial Challenges from Boeing Groundings

Alaska Airlines faces financial challenges due to Boeing 737 Max groundings, leading to a $150 million profit hit in 2024 and a $2 million loss in the fourth quarter. The FAA's certification delays for the 737 Max 7 and 10 models have affected several airlines, including Southwest Airlines and United Airlines. The scrutiny on Boeing has intensified after a door panel blew out mid-flight from an Alaska Airlines 737 Max 9, prompting the grounding of that model.