On Tuesday evening, United Airlines reported an adjusted loss of $0.15 per share for the first quarter of 2024, as well as an adjusted pre-tax loss of $79 million, an improvement of $187 million year-on-year.

The Chicago-based airline explains that its results were burdened by the grounding of Boeing 737 MAX 9 aircraft for around $200 million, a charge without which it would have posted a profit for the period.

The demand environment remains strong, with double-digit quarter-on-quarter growth in business class", emphasizes United Airlines, which confirms its adjusted EPS target of between nine and eleven dollars for 2024.

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