United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes
- United Airlines reported a $124 million loss due to a three-week grounding of Boeing 737 Max 9s after an incident with an Alaska Airlines Max jetliner.
- United will receive fewer new Boeing planes this year and is leasing Airbus jets instead, impacting its profit outlook positively for the second quarter.
- Due to the grounding, United incurred a $200 million cost, turning a profit into a loss for the quarter.
Insights by Ground AI
Does this summary seem wrong?
0 Articles
0 Articles
All
Left
Center
Right
Coverage Details
Total News Sources0
Leaning Left4Leaning Right2Center11Last Updated15 days agoBias Distribution65% Center