Boeing Pays Alaska Airlines $160 Million After 737 MAX Troubles

• Boeing paid Alaska Airlines $160M initial compensation for financial damages from the door plug incident and 737 MAX groundings • Alaska expects additional compensation from Boeing, terms are confidential • The door plug fell off an Alaska Airlines 737 MAX 9 shortly after takeoff, forcing an emergency landing • The incident is under investigation by NTSB and Department of Justice • Amid fallout from the incident, Boeing announced its CEO will step down at the end of 2023