Cranky Weekly Review Presented by Oakland International Airport: Earnings for United and Alaska, JetBlue Shakes Things Up
Cranky Flier
APRIL 19, 2024
United Looks Forward, Not Back in Earnings Report United posted a net loss of $124 million during Q1, but a positive outlook for Q2 buoyed its stock price and the spirits of its senior leadership. The carrier had a gross revenue figure of $12.5 billion for the quarter, a nearly 10% jump from last year on a 9% increase in capacity. The airline says if it weren’t for the $200 million it lost due to the MAX 9 shutdown in January it would have turned a small profit, which, sure, but it also wo
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