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New York CNN —The grounding of the 737 Max 9 after a January 5 incident that blew a hole in the side of an Alaska Airlines plane earlier this month will cost the airline about $150 million, Alaska announced Thursday. The door plug blew off an Alaska Airlines flight on January 5, leaving a gaping hole in the side of the plane. While no passengers were killed, the incident led the Federal Aviation Administration to order a grounding of all 737 Max 9 jets. Alaska Airlines CEO Ben Minicucci told NBC in an interview Tuesday that the carrier found “some loose bolts on many” Boeing 737 Max 9 during its inspections. Alaska and United are the only US airlines with the 737 Max 9 jet in their fleets.
Persons: Max, Ben Minicucci, , , Robert Isom, It’s Organizations: New, New York CNN, Alaska Airlines, Federal Aviation Administration, FAA, Alaska Air, NBC, Boeing, Max, Refinitiv, Southwest Airlines, American, CNBC Locations: New York, Alaska, United
approved inspection and maintenance procedures for the planes, clearing the way for the grounded Max 9 planes to fly again. Airlines said they planned to resume flying the Max 9s this week. Which airlines use the Max 9? Of the 215 Boeing Max 9 airplanes flown globally, United Airlines operates 79, the most of any airline, and Alaska has 65, according to Cirium, an aviation data provider. Their combined fleets represent about 70 percent of the Max 9 jets in service.
Persons: Max Organizations: Alaska Airlines Boeing, Max, Federal Aviation Administration, Airlines, Boeing Max, United Airlines Locations: Portland ,, Alaska
Southwest Airlines has taken the Boeing 737 Max 7 out of its fleet plans as regulators haven't yet certified the smallest model of the manufacturer's best-selling plane. Southwest became the latest of the major airlines this week to rethink its fleet plans because of certification delays at Boeing. Earlier this week, United Airlines said it was removing the the 737 Max 10, the largest model of the Max family, from its internal fleet plans after delays with certification. Scrutiny on Boeing has mounted in recent weeks after a door panel blew out midflight from a 737 Max 9 that was operated by Alaska Airlines on Jan. 5, prompting the FAA to ground that model. FAA Administrator Mike Whitaker told CNBC earlier this week that even before the Alaska Airlines incident, the agency had concluded it needed a more "hands-on approach" with the certification of the Max 7 and Max 10 aircraft.
Persons: Max, Mike Whitaker, Whitaker Organizations: Southwest Airlines, Boeing, Max, United Airlines, Alaska Airlines, FAA, CNBC Locations: Alaska
Alaska Airlines plans to resume flights with its Max 9s on Friday, and United aims to follow suit on Sunday. United Airlines made similar similar findings. Travelers returned to the Boeing 737 Max 8 after two of them crashed in 2018 and 2019, killing 346 people. In that case, Boeing had to redesign an automated flight-control system before the FAA would let Max 8s and Max 9s resume flying after a 20-month grounding. In addition, the FAA says it won't let Boeing expand production of Max jets until it's satisfied that quality-control concerns about the company have been resolved.
Persons: Max, Mike Whitaker, Ben Minicucci, , Scott Keyes, Scott Kirby Organizations: Boeing, Max, Alaska Airlines, Federal Aviation Administration, FAA, NBC, United Airlines, Travelers, U.S . Department of Transportation, Airline, BOEING, Alaska, Airbus, U.S ., United Locations: United States, United, Oregon, U.S, Portland , Oregon, Alaska
Read previewAlaska Airlines said Thursday that the grounding of its Boeing 737 Max 9 jetliners will reduce full-year profit by $150 million and slow down the airline's planned growth. Separately on Thursday, Southwest Airlines said that it will receive six fewer new planes than it expected this year because of ongoing production problems at Boeing. American Airlines CEO Robert Isom chimed in on Thursday, calling Boeing's safety issues "unacceptable." AdvertisementAnalysts expected American Airlines Group Inc. to earn 11 cents per share, according to a FactSet survey. Alaska's $2 million loss compared with a $22 million profit a year earlier.
Persons: , Max, Robert Isom chimed Organizations: Service, Alaska Airlines, Boeing, Max, Business, United Airlines —, Southwest Airlines, Southwest, American, American Airlines Group Inc, Revenue, Southwest Airlines Co, Dallas, Alaska Air Group Inc Locations: Alaska, Oregon, Seattle, United, Fort Worth , Texas
Read previewThe Boeing 737 Max 9 will return to the skies on Friday, three weeks after the Alaska Airlines blowout, the carrier announced Wednesday. According to Reuters, United Airlines — the biggest operator of the Max 9 with 79 of them — said it will start flying the jet again from Sunday. "It makes me angry," Alaska Airlines CEO Ben Minicucci told NBC. Not all the Max 9 jets will immediately return to service because some haven't been through the full inspection process yet. Alaska Airlines expects all its inspections to be completed over the next week.
Persons: , Max, Ben Minicucci, Scott Kirby, Mike Whitaker Organizations: Service, Boeing, Alaska Airlines, Business, Reuters, United Airlines —, Federal Aviation Administration, Portland International, National Transportation Safety, NBC, CNBC, FAA Locations: Alaska
Alaska Airlines N704AL, a 737 Max 9, which made an emergency landing at Portland International Airport on January 5 is parked at a maintenance hanger in Portland, Oregon on January 23, 2024. Alaska Airlines said Thursday that the weekslong grounding of the Boeing 737 Max 9 will cost the carrier $150 million. Both Alaska and United Airlines , the two U.S. carriers that have the Max 9s in their fleets, said they found loose bolts on several Max 9 planes during preliminary inspections shortly after the accident. Alaska on Thursday forecast full-year adjusted earnings per share of between $3 and $5, including the hit from the Max grounding. Alaska and United CEOs have expressed frustration and anger with Boeing this week after the accident.
Persons: Max, Ben Minicucci Organizations: Alaska Airlines, Portland International Airport, Boeing, Federal Aviation Administration, United Airlines, LSEG, Company, United, NBC Locations: Portland , Oregon, Alaska, United, U.S
Boeing and Spirit AeroSystems are under multiple investigations that probe their safety policies and procedures. Boeing said it couldn’t comment on the reports about what may have led to the door plug blowing off the plane, citing the ongoing investigation. The process also includes tightening fasteners and performing “detailed inspections of…dozens of associated components.”FAA on Sunday also required airlines to ensure older Boeing 737 planes with similar door plugs were secure. The FAA said airlines operating the Boeing 737-900ER model should visually inspect the planes but didn’t require them to be grounded. Two Max variants — the Max 7 and the Max 10 — are still awaiting approval to begin carrying passengers.
Persons: Max, AeroSystems, Washington Democratic Sen, Maria Cantwell, , David Calhoun, Jennifer Homendy, Ben Minicucci, Lester Holt, Mike Whitaker, Whitaker, , , Wells Organizations: New, New York CNN, Boeing, Alaska Airlines, New York Times, Seattle Times, Federal Aviation Administration, National Transportation Safety, Washington Democratic, Senate, US National Transportation, ” Boeing, Max, NBC, FAA, ., Sunday Locations: New York, . Airlines, Alaska, United, Indonesia, Ethiopia
The FAA subsequently grounded all models of the Boeing 737 Max 9 after the incident, leading to flight cancellations and frustration among airline executives. "Let me be clear: This won't be back to business as usual for Boeing," FAA Administrator Mike Whitaker said in a Wednesday statement. The agency has halted all further expansion production on Boeing 737 Max 9s until it is "satisfied" that the aircraft's quality control issues are resolved. In-house safety inspections of Alaska Airlines's fleet of Boeing 737 Max 9s following the initial incident revealed that there were "many" loose bolts found on the jets. The FAA's new safety guidelines for the 737 Max 9s come after a review of data stemming from 40 inspections of the grounded planes, the agency said.
Persons: , Mike Whitaker, Max, Whitaker, Stan Deal Organizations: Service, Boeing, Max, Alaska Airlines, Business, Federal Aviation Authority, FAA, National Transportation Safety Locations: Alaska Airlines's, Alaska
Southwest also said Thursday that it expects to receive fewer new planes than it expected this year because of ongoing production problems at Boeing. American said Thursday that it earned $19 million in the fourth quarter, down from $803 million a year earlier. Analysts expected American Airlines Group Inc. to earn 11 cents per share, according to a FactSet survey. Wall Street expected Southwest Airlines Co. to earn 12 cents per share. Earlier this week, United said it expects to lose money in the first quarter because of the grounding.
Persons: Max, United Organizations: DALLAS, American Airlines, Southwest Airlines, Southwest, Boeing, American Airlines Group Inc, Revenue, Southwest Airlines Co, Dallas, Max, Federal Aviation Administration, United Locations: Fort Worth , Texas, Southwest, Alaska
Alaska Airlines N704AL is seen grounded in a hangar at Portland International Airport in Portland, Oregon, on Jan. 9, 2024. The Federal Aviation Administration on Wednesday halted Boeing 's planned expansion of its 737 Max aircraft production, but it cleared a path for the manufacturer's Max 9 to return to service nearly three weeks after a door plug blew out during an Alaska Airlines flight. "Let me be clear: This won't be back to business as usual for Boeing," said FAA Administrator Mike Whitaker in a statement Wednesday. The grounding forced United Airlines and Alaska Airlines, the two U.S. airlines with the planes, to cancel hundreds of flights. The FAA is investigating Boeing's production lines after the Alaska flight.
Persons: Max, Mike Whitaker, Boeing didn't, Whitaker Organizations: Alaska Airlines, Portland International, Federal Aviation Administration, Wednesday, Boeing, Max, FAA, Airlines, United Airlines, United, CNBC, CNBC PRO Locations: Portland, Portland , Oregon, Alaska, Boeing's
The official, Mike Whitaker, said the FAA would not agree to any Boeing request to expand production of Max planes until the agency is satisfied that quality-control concerns have been addressed. The move came on the same day that a key senator indicated that Congress will join the scrutiny of Boeing. The National Transportation Safety Board is investigating the accident on an Alaska Airlines Max 9. Investigators are building a timeline of the door plug that failed, from the early stages of its production to the flight on which it blew off the plane. The Federal Aviation Administration is looking into whether Boeing and its suppliers followed proper safety procedures during manufacturing.
Persons: Mike Whitaker, Max, Sen, Maria Cantwell, David Calhoun, jetliner, Cantwell, Calhoun, Organizations: WASHINGTON, , Boeing, Max, Federal Aviation Administration, Alaska Airlines Boeing, FAA, Senate Commerce, Science, Transportation Committee, National Transportation Safety, Alaska Airlines Max, NTSB Locations: Oregon, Portland , Oregon, Renton , Washington
Federal regulators on Wednesday cleared the way for Boeing 737 Max 9 jets to fly again — but also said they would put new limits on production of the troubled planes. The Federal Aviation Administration grounded about 170 Max 9 planes on Jan. 6 after a body panel detached from an Alaska Airlines Max 9 minutes after the flight took off from Portland, Ore., leaving a gaping hole in the side of the jet. On Wednesday, the agency approved a set of inspection and maintenance procedures and said airlines could resume flying the jets once the checks were complete. The process includes requiring airlines to inspect certain bolts and fasteners and to re-torque fasteners on the panel, known as a door plug, which is placed where an emergency exit door would be if a jet had more seats. United Airlines said that it would begin inspecting its 79 Max 9 planes under the new guidelines and that it expected to start using them again on flights on Sunday.
Organizations: Boeing, Max, Federal Aviation Administration, Alaska Airlines Max, United Airlines, Sunday . Alaska Airlines Locations: Portland ,, Sunday
"Until we're comfortable that the [quality assurance] system is working properly ... we're going to have boots on the ground," he said. United, which has 79 Boeing 737 Max 9 planes in its fleet, more than any other carrier, said Monday it's assuming the planes will remain grounded through the end of January. He said United is taking the larger variant, the 737 Max 10, out of its fleet plans, because of lengthy delivery delays. Those accidents involved the 737 Max 8, a smaller variant of the same aircraft family. This photo released by the National Transportation Safety Board shows the door plug from Alaska Airlines Flight 1282 on Monday, Jan. 8, 2024, in Portland, Ore. National Transportation Safety Board via AP
Persons: Michael Whitaker, Drew Angerer, , Mike Whitaker, Max, We've, Whitaker, It's, John Lovell, they've, Scott Kirby, Ben Minicucci, Stan Deal Organizations: Federal Aviation Administration, FAA, Commerce, Science, Capitol, Getty, Getty Images WASHINGTON, CNBC, Boeing, Alaska Airlines, United Airlines, National Transportation Safety Board, National Transportation, AP, Max, Airlines, NBC, Deal, Transportation Locations: Washington ,, Alaska, Portland , Oregon, Renton , Washington, Portland , Ore
New York CNN —Boeing CEO David Calhoun’s Wednesday was decidedly a mixed bag: The Federal Aviation Administration finally approved a set of inspection criteria for the 171 grounded 737 Max 9 planes that, if followed, could return the aircraft to service. And the FAA said it would not grant any production expansion of the 737 Max lineup while its safety probe of Boeing continues. “We fly safe planes,” Calhoun said to reporters assembled on Capitol Hill. A week earlier, Calhoun acknowledged the company made a “mistake” at a staff-wide safety meeting, but he did not specify what that mistake was. Two Max variants — the Max 7 and the Max 10 — are still awaiting approval to begin carrying passengers.
Persons: David Calhoun’s, Max, Mike Whitaker, United, Whitaker, , , Mr, Calhoun, ” Calhoun, Washington Democratic Sen, Maria Cantwell, ” Cantwell, Jennifer Homendy, , Wells Organizations: New, New York CNN, Boeing, Federal Aviation Administration, FAA, Alaska Airlines, Airlines, Washington Calhoun’s, Washington, Capitol, Washington Democratic, Senate, National Transportation Safety Locations: New York, Alaska, United, Washington, Wells, Indonesia, Ethiopia
Kaitlin and Josh Chmil moved to Tennessee and bought a house with a rundown indoor pool in 2020. AdvertisementThis as-told-to essay is based on a conversation with Kaitlin and Josh Chmil, a couple who renovated an indoor pool in their Crossville, Tennessee, home. AdvertisementWe had no desire for an indoor pool or anything like that. Josh: They didn't have any comps in the area because an indoor pool is not a very common thing — especially in middle Tennessee. We want to sit back and enjoy some of the things we've done because I feel like we've been in this perpetual cycle of buy, renovate, sell, buy, renovate, sell, buy.
Persons: Kaitlin, Josh Chmil, , Kaitlin Chmil, Pete, Josh, we'd, Chmil, It's, We're, we've, it's Organizations: Service, Facebook Locations: Tennessee, Crossville , Tennessee, St . Petersburg , Florida, Banksy's
ATLANTA (AP) — An attempt to state that Georgia's appointed State Election Board has the legal power to investigate Republican Secretary of State Brad Raffensperger's handling of elections blossomed into a constitutional showdown Tuesday, with a lawyer for Raffensperger saying board members can't legally oversee him. “We’re looking to empower the State Election Board so that they can have oversight responsibility and that there’s no confusion about where that oversight responsibility is vested,” said Ethics Committee Chairman Max Burns, a Sylvania Republican. Activists have been pushing the State Election Board to investigate whether Raffensperger mishandled his audit of Fulton County's 2020 results, motivated by unproven claims of fraud. The board deadlocked 2-2 in December on whether it had such authority, and two board members asked lawmakers to clarify the law. Supporters said they can go forward because most of Raffensperger's election responsibilities are outlined in state law, not the Georgia Constitution.
Persons: Brad Raffensperger's, Charlene McGowan, Raffensperger's, Bill, , Max Burns, It's, Joe Biden, Donald Trump, Trump, Raffensperger, Fulton, it's, , Steve Gooch, ” McGowan, Lawmakers, Gabriel Sterling, Sterling, John LaHood, LaHood, Jon Burns, let’s, ” Sen Brandon Beach Organizations: ATLANTA, Republican, Raffensperger, Board, Sylvania Republican, Democratic, Georgia, Georgia General Assembly, Governmental, Valdosta Republican Locations: Georgia, Valdosta
How Did a Boeing Jet End Up With a Big Hole? At about 16,000 feet, pilots heard a loud boom, and the pressure dropped further: One of those door plugs had completely torn off. National Transportation Safety BoardBoeing’s chief executive, Dave Calhoun, has suggested that a manufacturing lapse was responsible for the door plug blowing out. investigation, it’s clear to us we received an airplane from the manufacturer with a faulty door plug,” Alaska said in a statement. An older Boeing model, the 737-900ER, has the same design for its door plugs as the Max 9.
Persons: Bolts, New York Times Bolts, Jeff Simon, cotter, Simon, , it’s, ” Gary Peterson, Dave Calhoun, AeroSystems, Max, fuselages, Joe Buccino, Mr, Buccino, Mathieu Lewis, Rolland Organizations: Boeing, Alaska Airlines, New York Times, The New York Times, National Transportation, Federal Aviation Administration, Transport Workers Union of America, Transportation Safety, Alaska Airline, Transportation, CNBC, Spirit, Board, Portland International Airport Locations: Alaska, Portland ,, Malaysia, Wichita, Kan, Renton, Wash, Jan
The flight was canceled "to provide time for precautionary additional engineering maintenance checks," a Virgin Atlantic representative told Business Insider in a statement. AdvertisementThe missing bolts were not a safety concern, experts sayA Virgin Atlantic Airbus A330 flies over London in December 2022. "We'd like to apologize to our customers for the delay to their journeys," Virgin Atlantic told BI in a statement, and confirmed the plane is now back in service following an inspection. While not a safety issue, the recent Virgin Atlantic flight cancellation is not the first problem the airline has faced this year. On January 7, a Virgin Atlantic Airbus A330 traveling from Manchester to Barbados made an emergency landing after the smell of smoke filled the cockpit, The Independent reported.
Persons: , Phil Hardy, John F, Hardy, Robert Smith, Neil Firth, Mathieu Lewis, Rolland, Getty Organizations: Service, Kennedy, Virgin Atlantic, New York Post, Business, Airbus, Kennedy News Agency, The Independent, Virgin Atlantic Airbus, Getty, Boeing, Alaska Airlines, Alaska Airlines Boeing, Max, National Transportation Safety Board, An Alaska Airlines, Portland International Airport, US Federal Aviation Administration, FAA, Independent Locations: Manchester, England, New York City, NYC, London, Portland , Oregon, Ontario , California, Barbados
Read previewA safety inspection of Alaska Airline's Boeing 737 Max 9 planes revealed "many" loose bolts were found on the commercial airline's fleet. "I'm more than frustrated and angry that this happened to Alaska Airlines," Alaska Airlines CEO Ben Minicucci told Business Insider in a statement. The Alaska CEO's statements come after inspections of the Boeing 737 Max 9 planes following the January 6 incident. United Airlines also previously announced that it had found loose bolts that appear to "relate to installation issues in the door plug." Earlier this month, the agency told reporters that the door plug fitted into the Alaska Airlines plane involved in the incident was found "fractured."
Persons: , Ben Minicucci, Scott Kirby, Max 10s Organizations: Service, Alaska Airline's Boeing, Max, Business, Alaska Airlines, Boeing, NBC News, United Airlines, National Transportation Safety Board, FAA, Forbes, CNBC Locations: Alaska, Portland, Ontario , California
United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration's grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines flight operated with that type of aircraft. The more common Boeing 737 Max 8, which is in fleets at United, American and Southwest , isn't affected by the grounding order. "Despite unpredictable headwinds, we delivered on our ambitious EPS target that few thought possible — and set new operational records for our customers," said United Airlines CEO Scott Kirby in an earnings release. For the full-year 2024, United forecast adjusted earnings of between $9 and $11 a share, within analysts' estimates. ET on Tuesday when they are likely to face questions about compensation from Boeing for the grounding.
Persons: United, Scott Kirby Organizations: Airlines, Federal Aviation, Boeing, Max, Alaska Airlines, United, LSEG, United Airlines, CNBC PRO Locations: Alaska
Nyasia Casey has learned the hard way where to spend money during a home renovation — and where to save. Renovating a rental property versus a flipHow to most effectively spend your renovation money depends on the type of property you're working with. Her agent and hard money lender thought otherwise. Courtesy of Nyasia Casey"My agent said, 'maybe 215,' and my hard money lender said, '200,'" recalled Casey. "But it was the cash offer with closing in 13 days, no inspection," she said, adding: "My hard money lender was blown away."
Persons: Nyasia Casey, , she's, Casey, Casey Casey, She's, it's, Casey's Organizations: Business, Yorker, Housing Authority, Depot Locations: Baltimore, Baltimore City, New York
CNN —Last month, a new ‘Stalin Center’ was opened in Barnaul, Siberia. According to the independent Levada Center, Stalin has taken first place in their ‘who is the greatest figure of all times and all people’ survey since 2012. Students of a military-sponsored school attend the opening of a series of busts of Russian leaders, including Josef Stalin (center), in Moscow, on September 22, 2017. What the West gets wrong about Stalin and PutinMoreover, these comparisons divert attention from important differences between the Stalin and Putin regimes. That is abundantly not the case in Putin’s Russia, where the government instead encourages a ritualistic patriotism and political apathy.
Persons: Jade McGlynn, , Read, , Jade McGlynn Jade McGlynn, Stalin, Vladimir Putin’s, Josef Stalin, Alexander Zemlianichenko, Memorial, Gorbachev, Yury, Putin, Vladimir Putin, Alexander Nemenov, demonize ’ Stalin, , weren’t, Mikhail Bulgakov Organizations: Center for Strategic, International Studies, CNN, Communists, Kremlin Russian Communist Party, Levada Center, YouTube, Communist, Reuters, Kremlin, Putin Locations: Putin’s Russia, Barnaul, Siberia, Russian, Penza, Bor, Communist, Russia, Vladimir Putin’s United Russia, Moscow, Perm, Baltic, Laski, Ukraine, today’s Russia, Kyiv, Putin Russia
An Atlas Air cargo plane headed for Puerto Rico was diverted Thursday night after taking off from Miami International Airport because of engine trouble, according to an official and flight data. Flight 5Y095 landed safely after experiencing an “engine malfunction” shortly after departure, Atlas Air said early Friday. “The crew followed all standard procedures and safely returned” to the airport, the company said in a statement. “At Atlas, safety is always our top priority and we will be conducting a thorough inspection to determine the cause.”It was unclear what kind of cargo the plane was carrying. While the company did not state the aircraft type, data collected by FlightAware, a flight tracking company, showed it was a Boeing 747-8.
Persons: 5Y095, , , FlightAware Organizations: Atlas Air, Miami International Airport, Boeing Locations: Puerto Rico
An Atlas Air Boeing 747-8 cargo plane made an emergency landing after an engine malfunction. Atlas Air said the plane landed safely and no injuries were reported. AdvertisementA video appears to show a Boeing 747-8 cargo plane on fire in the sky before making an emergency landing at Miami International Airport on Thursday. BREAKING REPORT : ⚠️ Atlas Air Boeing 747-8 from Miami International Airport CATCHES FIRE MID AIR.. A spokesperson for Miami International Airport told BI that the plane landed safely at 11:03 pm Eastern Time on Thursday.
Persons: , Chuck Callesto, 5Y095, NBC6, we'll, Max Organizations: Atlas Air Boeing, ., Air, Service, Boeing, Miami International Airport, Atlas Air, Reuters, AIR, Business, MIA, US Federal Aviation Administration, FAA, BI, Japan Airlines, Coast Guard, Alaska Airlines Boeing, Max, Alaska Airlines Locations: San Juan , Puerto Rico
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