Shares of Big Three airline United Airlines Holdings were wobbling in after-hours trading on Wednesday after it reported mixed second-quarter results and gave third-quarter earnings per share guidance that fell short of expectations.
Shares of Big Three airline United Airlines Holdings were wobbling in after-hours trading on Wednesday after it reported mixed second-quarter results and gave third-quarter earnings per share guidance that fell short of expectations.
United Airlines has had more than its fair share of problems in recent months, but its first-quarter financial results included better-than-expected revenue and earnings.
The FAA grounded Boeing 737 Max 9 aircraft earlier this month after a door plug blew out during an Alaska Airlines flight.
Alaska Airlines said on Wednesday it would cancel all flights on 737 MAX 9 jets through Saturday as it continues to wait for regulatory approvals to resume flying after a cabin panel blowout Boeing suggested was caused by a “quality” issue.
It’s shaping up to be an earnings season for the history books for the largest U.S. airlines. But you wouldn’t know it looking at the stock market.