Boeing Blunder: United Airline’s $200M Hit – Find Out Why!
Chicago, Illinois – United Airlines faced a $200 million hit to its earnings in the first quarter of this year, attributing it to a grounding of its Boeing 737 MAX 9 fleet due to a mid-air cabin incident on an Alaska Airlines flight. This forced United to report a pre-tax loss of $164 million, which would have otherwise been a profitable quarter. The airline’s decision to ground its fleet for three weeks led to the …