Boeing 737 Max 9 grounding will cost $150M, Alaska Airlines says

Alaska Airlines announced Thursday that the grounding of its Boeing 737 Max 9 aircraft will cost the airline about $150 million.

The fleet has been grounded since the beginning of this month after the door plug of one of its Alaska planes blew off mid-air. No one was injured in the incident, but it led to extensive inspections that found loose bolts and other manufacturing defects on other aircraft.

Alaska Airlines announced that the first flights of its Max 9 planes are scheduled to resume on Friday after the Federal Aviation Administration cleared the way for full testing on Wednesday. United Airlines has also been affected by the grounding of its planes.

The announcement of economic damage Airline quarterly earnings. The company's stock is expected to return between $3 and $5. The company's shares rose about 3.5% in early trading Thursday.

The company previously expected growth to be even higher in the coming quarter, but “given the suspension of plans and the potential for future delivery delays, we now expect capacity growth to be below the lower end of this range.” “

Alaska Airlines CEO Ben Minicucci said Tuesday that he is “angry” with Boeing over the Max 9 problems.

“I'm not just frustrated and disappointed,” Minicucci told NBC News. “I'm angry. This happened at Alaska Airlines. It happened to our guests, it happened to our employees. And my demands against Boeing are What are they going to do to improve their quality program?”