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"United Airlines Faces $200 Million Loss Due to Boeing's Issues"
1 year ago•Source: CNBC
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2.75 min•1 year ago
"United Airlines' 2024 Financial Turbulence: Boeing Crisis, Delays, and Profit Forecast"
United Airlines has reduced its 2024 aircraft delivery plan and adjusted its fleet plan due to delays from Boeing, expecting to receive 61 new narrow-body planes this year instead of the previously anticipated 101. The airline plans to lease Airbus A321neos in 2026 and 2027, turning to Boeing's rival for new planes. United is also facing a Federal Aviation Administration safety review, which has led to postponed services and a temporary grounding of the Boeing 737 Max 9, resulting in a net loss of $124 million in the first quarter. Despite this, the airline expects to post earnings of between $3.75 and $4.25 in the second quarter and reiterated its full-year earnings forecast of between $9 and $11 a share.
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Originally Published 1 year ago — by The Washington Post
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"United Airlines Urges Pilots to Take Unpaid Leave Amid Boeing Delivery Delays"
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"Boeing Delivery Delay Forces United Airlines to Seek Pilots for Voluntary Unpaid Leave"
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United Airlines Requests Pilots to Take Unpaid Leave Amid Boeing Delays
Originally Published 1 year ago — by Yahoo Finance
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United Airlines Requests Unpaid Leave for Pilots Amid Boeing 737 Woes
Originally Published 1 year ago — by The Associated Press
United Airlines is asking its pilots to take time off in May due to delays in receiving new Boeing planes, particularly the 737 Max models, which are facing production and certification issues. The airline expects similar requests throughout the summer and possibly into the fall, and is considering options to replace orders for the Max 10. This comes as Boeing is under increased scrutiny following an Alaska Airlines Max 9 incident, and United anticipates financial losses in the first quarter due to grounded Max 9s. United CEO Scott Kirby has been vocal about the problems at Boeing and is seeking a meeting with Boeing directors, as the company undergoes a leadership shakeup.
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Originally Published 1 year ago — by CNBC
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Originally Published 1 year ago — by Mashable
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