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0.000586166471277976 0.000586166471277976 -0.000877491207502906 0.000293083235638988 -0.00114302461899175 0.000410316529894617 0.00111371629542789 0.00111371629542789
Stock impact report

United took a $200 million hit from Boeing 737 MAX 9 grounding, driving it to a quarterly loss [Fortune]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Fortune
at Boeing , a key supplier of aircraft and a critical piece in its long-term expansion plan. The carrier on Tuesday reported a $200 million impact after being forced to ground its Boeing 737 MAX 9 fleet for three weeks because a door plug ripped off an Alaska Airlines jet in January. United has since asked its pilots to take unpaid time off due to having too many staffers and not enough planes. And United today announced another slew of changes to its long-term fleet strategy because of the shifting delivery timelines at Boeing: A portion of Boeing MAX 10 orders will convert to MAX 9 from 2025 to 2027; this year, it only expects 61 narrowbody aircraft and 5 widebody aircraft, instead of the 183 it projected at the end of 2023. “We've adjusted our fleet plan to better reflect the reality of what the manufacturers are able to deliver,” said United Airlines CEO Scott Kirby in a company statement. The company reported a net loss of $124 million for the first quarter, compared to $194 Show less Read more
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