United blamed its failure to turn a profit in the first quarter of 2024 on the temporary grounding of Boeing’s 737 Max 9 aircraft after the Alaska Airlines blowout.
The emergency grounding of Boeing’s 737 Max 9 jetliner cost United Airlines $200 million in the first three months of this year,it described its overall financial and operational performance in the period as “strong.” United’s Tuesday statement also pointed optimistically to a broader hike in demand for air travel, as compared with before the pandemic, fueling its own plans to grow its network.
Tuesday’s report caps off a turbulent quarter for United. After the door plug of an Alaska Airlines Boeing 737 Max 9dozens of Boeing planes and limited the manufacturer’s ability to deliver aircraft on time — forcing United to cancel thousands of flights, reformulate schedules and pause hiring.. The three-week emergency grounding led to widespread disruption for both it and Alaska — the only other U.S. carrier to have the 737 Max 9 in its fleet.
and converted some of its existing orders of Boeing Max 10s to the Max 9. It also announced it had signed “letters of intent” to lease 35 new Airbus A321neos, expected in 2026 and 2027 — “We’ve adjusted our fleet plan to better reflect the reality of what the manufacturers are able to deliver,” United CEO Scott Kirby said in a statement.by the National Transportation Safety Board after the Alaska Airlines blowout found that four bolts designed to secure the door plug were missing on the Max 9 jetliner. A FAA audit also identified significant weaknesses in Boeing’s quality control and assurance programs,in late May to formulate a plan that would address the issues.
When reached for comment on this story, a Boeing spokesman referred to comments made last month by its chief financial officer, Brian West, in which he said the company had put customers in a “tight spot” and that “the most important thing we do is communicate with them. And they have been supportive of everything we’re trying to do to enhance safety and quality for the industry.
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