(CercleFinance.com) – United Airlines revealed Tuesday evening an adjusted loss of $0.15 per share for the first quarter of 2024, as well as an adjusted pre-tax loss of $79 million, an improvement of $187 million in annual comparison.
The Chicago-based airline explains that its results were weighed down by the grounding of Boeing 737 MAX 9 aircraft for around $200 million, a charge without which it would have made a profit over the period.
“The demand environment remains strong, with double-digit growth for business class quarter over quarter,” underlines United Airlines, which confirms its objective of an adjusted EPS of between nine and eleven dollars for 2024 .
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