First-quarter diluted loss per share of $0.38; first-quarter adjusted diluted loss per share1 of $0.15 – ahead of expectations
Updates fleet plan – allowing for a more consistent delivery schedule of approximately 100 narrowbody aircraft yearly 2025 through 2027
Achieved second-best first quarter on-time departure performance2 in the company’s history
CHICAGO, April 16, 2024 /PRNewswire/ — United Airlines (UAL) today reported first-quarter 2024 financial results. The company had a pre-tax loss of $164 million, a $92 million improvement over the same quarter last year; adjusted pre-tax loss1 of $79 million, a $187 million improvement on an adjusted basis over the same quarter last year. These earnings reflect the approximately $200 million impact from the Boeing 737 MAX 9 grounding, without which the company would have reported a quarterly profit. In the quarter, the company generated $2.8 billion operating cash flow and free cash flow1 of $1.5 billion. The company continues to…