CHICAGO (dpa-AFX) – The airline United Airlines is expecting a significant loss for the current quarter because dozens of Boeing 737-9 Max aircraft have to remain on the ground. United on Monday forecast an adjusted quarterly loss per share of between 35 and 85 cents.
United has 79 aircraft of the type. The aircraft are to be subjected to an inspection after a door frame cover on one of the aircraft was torn off during the climb. It is unclear when the 737-9 Max will be allowed to fly again. United and competitor Alaska Airlines also found loose fasteners in other aircraft of the type.
In the last quarter, United’s profit fell year-on-year from $843 to 600 million (551 million euros). That represented adjusted earnings per share of $2. Sales rose by eleven percent to $12.4 billion.
United shares temporarily rose by over five percent in after-hours US trading. Analysts on average had expected less profit in the last quarter./so/DP/he
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