WRAPUP 10-Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash [Reuters]
United Airlines Holdings, Inc. (UAL)
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Source: Reuters
Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash | Reuters 7 Min Read PARIS/ADDIS ABABA (Reuters) - The grounding of Boeing’s 737 MAX jets after the crash in Ethiopia has had no immediate financial impact on airlines using the planes, but it will get painful for the industry the longer they do not fly, companies and analysts said on Friday. Ethiopian Airlines Flight 302 crashed soon after take-off from Addis Ababa last weekend, killing 157 people, the second such calamity involving Boeing’s flagship new model after a jet came down off Indonesia in October with 189 people on board. Investigators in France on Friday examined the black boxes of the jet that crashed in Ethiopia as the global airline industry waited to see if the cause was similar to the disaster in Indonesia. Regulators have grounded the 737 MAX around the world, and the U.S. planemaker has halted deliveries of the several thousand on order for a model intended to be the future industry workhorse.
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Earnings
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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