United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration's grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines flight operated with that type of aircraft.
The more common Boeing 737 Max 8, which is in fleets at United, American and Southwest , isn't affected by the grounding order.
"Despite unpredictable headwinds, we delivered on our ambitious EPS target that few thought possible — and set new operational records for our customers," said United Airlines CEO Scott Kirby in an earnings release.
For the full-year 2024, United forecast adjusted earnings of between $9 and $11 a share, within analysts' estimates.
ET on Tuesday when they are likely to face questions about compensation from Boeing for the grounding.
Persons:
United, Scott Kirby
Organizations:
Airlines, Federal Aviation, Boeing, Max, Alaska Airlines, United, LSEG, United Airlines, CNBC PRO
Locations:
Alaska