A Boeing 737 Max 9 aircraft from United Airlines makes a landing at San Francisco International Airport on March 13, 2019.
Justin Sullivan | Getty Images
United Airlines is anticipating a loss in the first quarter due to the grounding of Boeing 737 Max 9 planes by the Federal Aviation Administration. This decision came after a part malfunctioned during an Alaska Airlines flight using the same type of aircraft.
United Airlines estimates an adjusted loss of 35 to 85 cents per share for the first three months of the year. This is the first insight into the financial impact of the FAA’s grounding of the planes, which was announced after the incident on Alaska Airlines Flight 1282 on Jan. 5.
With 79 of these aircraft in its fleet, United Airlines has the largest number compared to any other carrier, followed by Alaska Airlines. The airline expects the planes to remain grounded until Jan. 26, and their forecast assumes that they will not be able to operate the planes at all this month.
Both airlines have canceled…
2024-01-22 16:51:44
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