United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding
Publishing timestamp: 2024-01-23 08:02:11
Summary
United Airlines has forecasted a first-quarter loss due to the grounding of Boeing 737 Max 9 planes by the FAA. The grounding was issued after a part blew out during an Alaska Airlines flight. United expects to post an adjusted loss of between 35 cents and 85 cents per share for the first three months of the year. The grounding is expected to impact the company's unit costs and revenues.
Sentiment: NEGATIVE
Tickers: LUV, BA, AAL, ALK, UAL,
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Source: https://www.cnbc.com/2024/01/22/united-airlines-ual-q4-2023-earnings.html