United took a $200 million hit from Boeing 737 MAX 9 grounding, driving it to a quarterly loss
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United Airlines reported a $200 million impact after being forced to ground its Boeing 737 MAX 9 fleet for three weeks due to a door plug ripping off an Alaska Airlines jet in January. As a result, United asked its pilots to take unpaid time off. The company also announced changes to its long-term fleet strategy, converting a portion of Boeing MAX 10 orders to MAX 9 from 2025 to 2027. United reported a net loss of $124 million for the first quarter, compared to $194 million during the same quarter in 2023. The airline sources nearly all of its aircraft and parts from Boeing or Airbus. The grounding of the Boeing 737 MAX 9 fleet has impacted United's operations, financial position, and cash flows. United's long-term fleet strategy, known as United Next, has been disrupted by the Boeing incidents. The plan involved exercising options to buy Boeing 787-9 and A321 neo aircraft, with the goal of replacing older, smaller jets and regional jets with larger, more fuel-efficient planes. However, delays in Boeing's deliveries and supply chain issues have led United to reduce the number of aircraft it expects to receive. United now has letters of intent to lease 35 new Airbus A321s in 2026 and 2027.

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https://fortune.com/2024/04/16/united-hit-boeing-grounding-quarterly-loss-200-million/