Boeing compensation to Alaska includes custody shift of Flight 1282 jet

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At the end of March, Alaska Airlines signed a $162 million compensation agreement with Boeing following the accident aboard Flight 1282 and the subsequent grounding that sidelined roughly 30% of its mainline fleet for three weeks in January.

The cash package was not specifically itemized and terms between Boeing and the airline were confidential, according to regulatory filings. However, as part of that agreement, Alaska and Boeing agreed to shift custody of the four-month old 737 Max 9 accident aircraft back to the manufacturer, according to two people briefed on the terms of the settlement.

Related: U.S. airlines, fed up, forced change in the Boeing C-suite

A spokeswoman for Alaska confirmed in a statement to The Air Current that “Boeing has agreed to take responsibility for storage and maintenance of the aircraft and will move the plane to their property at Portland Int’l Airport. This frees up our maintenance technicians to focus their work on our operational fleet.”

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