Compensation Package: Boeing Assists Alaska Air with $160M Amid Crisis biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Alaska Air Group receives $160 million compensation from Boeing in Q1, addressing 737 MAX 9 grounding impact. Additional compensation is expected to be provided beyond first-quarter, the complete terms of which were not disclosed.
Alaska Air Group, Inc. (NYSE:ALK – Get Free Report)’s share price was up 5.3% during trading on Thursday after Evercore ISI raised their price target on the stock from $55.00 to $65.00. Evercore ISI currently has an outperform rating on the stock. Alaska Air Group traded as high as $44.28 and last traded at $44.08. […]