Alaska Airlines Expects Boeing 737 MAX Grounding To Cost $150 Million

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Despite the negative financial impact, Alaska Airlines expects to grow its profits in 2024.

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Alaska Airlines reported a net loss for Q4 2023, despite a positive operating margin, due to non-operating expenses.
The airline achieved a significant net income of $235 million for the full year 2023, compared to $58 million in 2022.
Alaska Airlines expects the 737 MAX 9 groundings to set it back by $150 million in 2024.