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BA - United Airlines Stock Soars Despite Boeing Crisis Impact
The Boeing Company
2024-04-17 18:02:45 ET
Summary
United Airlines exceeded expectations in Q1 earnings despite a $200 million cost headwind for the Boeing 737 MAX 9.
Domestic and European markets show favorable conditions with increased yields, while Pacific and Latin American markets experience unit revenue normalization.
United Airlines adjusted its fleet plan due to Boeing scrutiny, but still has confidence in Boeing 737 MAX 9. The airline expects strong Q2 earnings.