AAR Issues Statement On January 5, 2024, Alaska Airlines Boeing 737 Max 9 Incident; Says AAR Did Not Perform Any Work On Or Near Any Mid-Cabin Exit Door Plug Of That Specific Aircraft
Portfolio Pulse from Benzinga Newsdesk
AAR Corp. has clarified that it did not perform any work on the mid-cabin exit door plug of the Alaska Airlines Boeing 737 MAX 9 involved in the January 5, 2024 incident. AAR was contracted for a Wi-Fi modification on the aircraft, which was completed before the incident.
January 08, 2024 | 6:27 pm
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NEGATIVE IMPACT
Boeing's 737 MAX 9, operated by Alaska Airlines, had an incident not related to AAR Corp.'s services, which may affect the perception of Boeing's aircraft safety.
The incident could potentially impact Boeing's reputation and stock negatively, as it involves the 737 MAX model, which has faced previous scrutiny.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 70
NEUTRAL IMPACT
Alaska Airlines experienced an incident with a Boeing 737 MAX 9, leading to an emergency landing, but AAR Corp. was not involved with the part in question.
While the incident may raise safety concerns, AAR Corp.'s statement dissociates them from the issue, leaving ALK's stock impact neutral for now.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
AAR Corp. has stated it had no involvement in the mid-cabin exit door plug issue of the Alaska Airlines Boeing 737 MAX 9 that made an emergency landing.
AAR Corp.'s clarification may alleviate concerns about their involvement in the incident, potentially reducing negative impact on their stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80