United Airlines noted in its latest earnings report released this week that the temporary grounding of the Boeing 737 Max 9 in January cost the company about $200 million in losses.
United Airlines increased both its capacity and the amount of passenger travel during the quarter ended March 31. The airline also expects to see another summer of record travel this year, executives said Wednesday (April 17) during United Airlines' quarterly earnings call.
United Airlines Holdings, Inc. (NASDAQ:UAL ) Q1 2024 Results Conference Call April 17, 2024 10:30 AM ET Company Participants Kristina Edwards - Managing Director, IR Scott Kirby - Chief Executive Officer Brett Hart - President Andrew Nocella - Executive Vice President and Chief Commercial Officer Mike Leskinen - Executive Vice President and Chief Financial Officer Conference Call Participants A...
United Airlines on Wednesday said it has been prevented from putting new aircraft into service due to an ongoing review of its operations by the U.S. Federal Aviation Administration (FAA).
United posted a smaller-than-expected loss, and would have posted a profit if not for the forced grounding of some planes in the quarter. The airline reiterated full-year guidance, implying that Boeing's woes will not cause significant losses.
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