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United Airlines Stock Buoyed by Earnings Report Despite Boeing Challenges

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.