United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes

United Airlines reports $124 million loss in a quarter marred by grounding of some Boeing planes

SeattlePI.com

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United Airlines says it lost $124 million in the first quarter, and it's blaming Boeing. United said Tuesday that the grounding of its Boeing Max 9 jetliners after a panel blew out of an Alaska Airlines Max cost it $200 million. That turned a small profit into a loss. Still, the loss was not as bad as Wall Street expected. United expects to feel the pain from production problems at Boeing for quite some time. United is getting far fewer new planes this year than it expected. The airline says it will lease 35 Airbus jets beginning in 2026.

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