United Airlines Stock Buoyed by Earnings Report Despite Boeing Challenges
United Airlines has had more than its fair share of problems in recent months, but its first-quarter financial results included better-than-expected revenue and earnings. United reported a net loss of $124 million, or 38 cents a share, and an adjusted net loss of $50 million, or 15 cents a share. Because of its exposure to Boeing’s temporarily-grounded MAX 9 aircraft, United had forecast a loss of between 85 cents and 35 cents a share.