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United blames $200M earnings hit on fallout from Boeing’s midair door blowout

Posted on AllSides April 17th, 2024
From The Right

United Airlines suffered $200 million in losses during the first quarter — which it blamed on Boeing’s grounding of its 737 MAX 9 planes in the wake of its disastrous midair fuselage blowout. Chicago-based United — which had to cancel hundreds of flights as a result of the three-week grounding — said it would have reported a quarterly profit without the disruption, The Guardian earlier reported. Still, United said it “continues to expect full-year 2024 adjusted diluted earnings per share of $9 to $11” — in line with the $9.14...

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