"United Airlines Braces for Earnings Losses Amid Boeing Groundings"
TL;DR Summary
United Airlines expects to lose money in the first quarter due to the grounding of Boeing 737 Max 9 jets, with 79 of the aircraft in its fleet. The US Federal Aviation Administration (FAA) grounded 171 of these jets after an unused door broke away mid-flight. Inspections have led to flight cancellations, and the FAA has also ordered inspections of an older 737-900ER model. Boeing has pledged to improve inspection quality, and United will provide an update on safety inspections during an upcoming call with analysts and investors.
- United Airlines to lose money over Boeing groundings BBC.com
- United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding CNBC
- United Airlines sees higher profits despite Boeing MAX hit | REUTERS Reuters
- United Airlines will be 'prepared' for 2024 earnings losses Yahoo Finance
- United sees bigger-than-expected first-quarter loss after 737 Max groundings. Here’s why the stock is rallying anyway. MarketWatch
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
72%
316 → 88 words
Want the full story? Read the original article
Read on BBC.com