Boeing lost less revenue than expected amid safety crisis [Yahoo! Finance]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: Yahoo! Finance
Boeing reported a slightly smaller revenue loss this quarter compared to last year, in a better performance than analysts expected, even as the aviation giant struggles to regain investor confidence over safety and production issues. The company lost $388 million in the first three months of 2024, compared to $440 million last year. It burned through $3.9 billion in the first quarter largely due to the slowdown of aircraft manufacturing, but lower than the $4.4 billion loss forecasted by experts. While regulators are closely scrutinizing Boeing's manufacturing after the mid-flight panel blowout on an Alaska Airlines 737 MAX, analysts largely agree that the company will manage to survive the turbulence given the strong economic protections granted by US lawmakers. SIGNALS Semafor Signals: Global insights on today's biggest stories. Boeing losses ‘could have been worse,' but airlines feel the blow Sources: Bloomberg, The Washington Post Despite the $3.9 billion cash burn
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UAL
News
- Passenger who disrupted flight ordered to pay United Airlines more than $20,000 [MSNBC.com]MSNBC.com
- Book excerpt: "You Never Know" by Tom Selleck [CBS News]CBS News
- United Airlines Turns To Generative AI To Help Explain Flight Delays [Forbes]Forbes
- Boom's XB-1 supersonic jet has been authorized to break the speed of sound [Yahoo! Finance Canada]Yahoo! Finance Canada
- Free-range kids are becoming a problem at the airport. What's the solution? [USA TODAY]USA TODAY
UAL
Earnings
- 4/16/24 - Beat
UAL
Sec Filings
- 4/23/24 - Form DEFR14A
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-A12B/A
- UAL's page on the SEC website