United Airlines has canceled all Boeing 737 MAX 9 flights through January 26 and anticipates a first-quarter loss of between 35 cents and 85 cents per share due to the grounding of these aircraft. Despite the grounding's impact and cost pressures, the airline's stock rose about 6% in premarket trading following a full-year forecast that beat expectations. During the last two weeks of December, United operated its busiest travel period ever, flying 8.2 million customers. CEO Scott Kirby has criticized Boeing's handling of the 737 MAX situation, which has been described as the ‘straw that broke the camel’s back’, leading to a loss of confidence in Boeing and a reevaluation of future orders and fleet plans.
United pulls plans for Boeing’s biggest 737 Max jet, after Max 9 groundings prove to be ‘straw that broke the camel’s back’ https://t.co/dgal4IZmkh
United Puts Boeing on Notice. It’s Looking at Other Jets. https://t.co/xBdePBgRjl
United Airlines is no longer counting on Boeing’s largest 737 Max model: Here’s your Evening Briefing https://t.co/l627OrWIl3
The chorus of voices proclaiming a culture problem at Boeing now includes its biggest customer, United Airlines. The planemaker needs to pay attention, @blsuth says https://t.co/sDUjRJgOrA
United CEO says it's planning for fleet without Boeing jets https://t.co/jU96RtNQ0Y https://t.co/X9OioE5DWr
United Airlines CEO lashes out at Boeing over blown Alaska Airlines panel: ‘Straw that broke the camel’s back’ https://t.co/lDABeAGVnq https://t.co/OQY17JK0sp
United Airlines rethinking large order for Max 10 jets from Boeing https://t.co/c7vkS6u4QB
United Airlines considers alternatives to Boeing 737 Max https://t.co/C7SPg9Tj2L
United Airlines CEO Scott Kirby said Tuesday that Boeing needs “real action” to restore its previous reputation for quality. https://t.co/Vw5JsyegAF
LISTEN NOW: United CEO Scott Kirby discusses the pressure Boeing’s manufacturing issues have placed on United’s business, and the effect Max 9 groundings will have on the airline’s financials. Listen and follow the @SquawkCNBC podcast here: https://t.co/gZaa8fjg8c https://t.co/tcucDlQe4M
$BA 🔸 UNITED: `UNREALISTIC' TO EXPECT 31 MAX 9 DELIVERIES THIS YEAR 🔸 UNITED FORECASTS REDUCTION IN BOEING ORDERS, DELIVERIES IN 2025
Airline stocks rise as United kicks off busy earnings week https://t.co/XzyJNPrrtJ
United CEO says airline building fleet plan without 737 MAX 10 jets https://t.co/wuP3C0dYTv https://t.co/7l4N6xJhIz
$BA (+0.0% pre) Boeing Faces More Pressure as $UAL United CEO Vents Frustrations - BBG https://t.co/ZWxofdJ4Hh
United Airlines predicted higher profits for the year despite anticipating a short-term hit due to the grounding of Boeing 737 MAX 9 airplanes. More here: https://t.co/DxOp8xpsw1 $UAL https://t.co/4A55dwzEZ4
United Airlines predicted higher profits for the year despite anticipating a short-term hit due to the grounding of Boeing 737 MAX 9 airplanes https://t.co/tMuvuvoBro $UAL https://t.co/C3WWg2kkwe
⚠️ UNITED AIRLINES SHARES RISE ON UPBEAT 2024 FORECAST (Reuters) United Airlines' shares rose about 6% in premarket trading on Tuesday after an upbeat 2024 profit forecast from the carrier that is facing a potential hit from grounding its entire fleet of Boeing 737 MAX 9 jets…
United Airlines to lose money over Boeing groundings https://t.co/ZfL3ZcbBZr
United Airlines provided an upbeat outlook for the full year despite warning of a wider-than-expected loss in the quarter through March due to the grounding of Boeing 737 MAX 9 airplanes. More here: https://t.co/DxOp8xq0lz $UAL https://t.co/BUUMm1sgEd
United Airlines provided an upbeat outlook for the full year despite warning of a wider-than-expected loss in the quarter through March due to the grounding of Boeing 737 MAX 9 airplanes https://t.co/tMuvuvoBro $UAL https://t.co/rvGPiFE7nS
United, one of Boeing's largest customers, says it has lost confidence in the airplane maker 👀
United says it expects to post an adjusted loss of between 35 cents and 85 cents a share for Q1 due to the FAA’s grounding of Boeing 737 Max-9 planes. https://t.co/ifF4t19O0q https://t.co/ncFvBahvqo
United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding $ual https://t.co/pVTZxlL49x
Bloomberg: United Airlines Chief Executive Officer Scott Kirby has been venting his frustrations with management to colleagues and voicing his concerns overhandling of Boeing's 737 Max grounding, according to people familiar with the matter. https://t.co/Y5AmOzJ8L2
United Airlines expects bigger Q1 loss. Here's why the stock is rallying anyway. https://t.co/Qr2bpCKNXO
United Airlines sees quarterly loss on Boeing MAX 9 grounding, shares up on 2024 outlook https://t.co/W20uAUvIBY https://t.co/GFr1yNi3Wf
United Airlines said profit this year will likely top Wall Street’s estimates despite a first-quarter loss as the carrier works to overcome the costs from a grounding of certain Boeing 737 Max planes https://t.co/nesUODJztL
$UAL United beats on eps, rev in-line. "During the last two weeks of December, United operated its busiest travel period in history, flying 8.2 million customers – an average of 483,000 each day." +7% AH https://t.co/qJdIf67c80
United Airlines stock rallies after full-year forecast beats expectations https://t.co/3kKeOsec48
United Airlines forecasts first-quarter loss due to Boeing 737 Max 9 grounding https://t.co/ugDBFyt5AT
United Airlines Reports Earnings Monday. MAX 9 Impact, Cost Pressures and More to Watch. https://t.co/Co968IXcEa
$UAL $BA | United Airlines Spox: All Boeing 737 MAX 9 Flights Cancelled Through Jan 26