( ) -q-25- UNDATED (Correspondent Jeremy House) “planes fly again.” United Airlines is warning that it will lose money in the first three months of the year partly because of the grounding of its Boeing Max 9 airplanes. [CutID: <Cuts> UNITED-AIR-FIRST-QUARTER-house-q-TUEam.mp3 Time: 25s Title: UNITED-AIR-FIRST-QUARTER-house-q-TUEam Out-cue: planes fly again] TAG: Correspondent Jeremy House reporting. The […]
Audio
United Airlines expects a Q1 loss after Boeing Max 9 groundings
( ) -q-25- UNDATED (Correspondent Jeremy House) “planes fly again.”
United Airlines is warning that it will lose money in the first three months of the year partly because of the grounding of its Boeing Max 9 airplanes.
[CutID: <Cuts> UNITED-AIR-FIRST-QUARTER-house-q-TUEam.mp3
Time: 25s
Title: UNITED-AIR-FIRST-QUARTER-house-q-TUEam
Out-cue: planes fly again]
TAG: Correspondent Jeremy House reporting. The planes have been grounded since a panel called a door plug blew off an Alaska Airlines Boeing Max 9 during a flight in early January.
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VERBATIM: United says it expects to lose between 35 cents and 85 cents per share in the first quarter. The company is predicting a bounce back and full-year earnings in 2024 of between $9 and $11 per share. That’s based on the assumption that Boeing 737 Max 9 planes will be ungrounded after January. Federal regulators aren’t putting a timeline on when they’ll let the planes fly again.