American Airlines CEO Robert Isom said "Boeing needs to get their act together" over ongoing quality issues that have grounded planes. Isom joined other airline CEOs like Southwest's Bob Jordan in publicly expressing frustration with Boeing's manufacturing problems. Alaska Air estimated it will incur $150 million in costs from the recent grounding of Boeing 737 Max 9 planes after an accident. Southwest said it no longer expects to receive the smaller Max 7 model this year and cut delivery expectations due to Boeing's supply challenges.
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00:00 It's Benzinga and here's what's on the block.
00:02 American Airlines CEO Robert Isom said Boeing needs to get their act together over ongoing
00:06 quality issues that have grounded planes. Isom joined other airline CEOs like Southwest Bob
00:11 Jordan in publicly expressing frustration with Boeing's manufacturing problems. Alaska Air
00:15 estimated it will incur $150 million in costs from the recent grounding of Boeing's 737 MAX
00:20 IX planes after an accident. Southwest said it no longer expects to receive the smaller MAX VII
00:24 model this year and cut delivery expectations due to Boeing's supply challenges. Jordan said
00:29 Boeing must improve safety and quality to regain airline confidence. And for all things money,
00:33 visit Benzinga.com.