Overview
- United Airlines reported a $200 million loss due to the grounding, significantly affecting its first-quarter earnings.
- Alaska Airlines received $160 million in initial compensation from Boeing, with expectations for additional payments.
- Both airlines have adjusted their fleet strategies, with United reducing its Boeing orders and increasing Airbus leases.
- The FAA's increased scrutiny of Boeing's manufacturing processes has delayed aircraft deliveries, compounding the airlines' challenges.
- Boeing is compensating affected airlines and revising safety protocols in response to the incidents and regulatory reviews.