United Airlines reports Q1 loss from Boeing grounding

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United Airlines News

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NEW YORK, April 17 ― United Airlines reported a first-quarter loss yesterday due to the temporary grounding of some Boeing jets, as it announced plans to lease Airbus planes...

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The roughly three-week grounding of the 737 MAX 9 in January resulted in a US$200 million hit to results, leading to a quarterly loss of US$124 million.The major US carrier was impacted more than rivals by the MAX 9 grounding, which followed a January emergency landing of an Alaska Airlines flight after a panel on the fuselage blew out midair.

United said it also had signed a letter of intent with two lessors to lease 35 new single-aisle Airbus A321neos in 2026, 2027.

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