United said it lost $200 million from the temporary grounding of the Boeing 737 Max 9

United Airlines released its first 4th net connected Tuesday successful which it indicated that it mislaid astir $200 cardinal owed to nan impermanent grounding of nan Boeing 737 Max 9 earlier this year.

The Chicago-based hose announced that it had a pre-tax nonaccomplishment of $164 cardinal for nan quarter, which was an betterment of $92 cardinal from nan aforesaid 4th a twelvemonth ago, and noted that nan nonaccomplishment was caused by nan 737 Max 9 grounding.

"These net bespeak nan astir $200 cardinal effect from nan Boeing 737 Max 9 grounding, without which nan institution would person reported a quarterly profit," United wrote successful its net release. "

United is 1 of 2 U.S. carriers that run nan Boeing 737 Max 9, pinch nan different being Alaska Airlines. The craft was temporarily grounded by nan Federal Aviation Administration (FAA) nan time aft a Jan. 5 incident successful which a 737 Max 9 operated by Alaska Airlines suffered a mid-air blowout of its plug doorway sheet aft takeoff, causing nan compartment to depressurize and forcing nan airliner to return to Oregon's Portland International Airport for an emergency landing.

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United Airlines said it took a $200 cardinal deed from nan grounding of nan Boeing 737 Max 9 earlier this year. (Angus Mordant/Bloomberg via Getty Images / Getty Images)

After nan FAA, Boeing and airlines conducted inspections connected craft successful nan 737 Max 9 fleet that person plug doorway panels, nan craft was cleared to return to work aft Jan. 24 pursuing nan completion of inspections. Alaska returned its fleet to work connected Jan. 26, and United followed suit nan pursuing day.

The grounding of nan Max 9 and nan FAA's constraints connected Boeing's accumulation capacity owed to accrued oversight of its manufacturing quality was besides noted successful nan net report. At nan commencement of nan year, United anticipated 101 narrowbody airliners to beryllium delivered, but it now expects 61 narrowbody craft and 5 widebody craft to beryllium delivered successful 2024. 

"In nan short run, nan institution expects a mini number of craft antecedently scheduled to participate into work successful nan 2nd 4th to beryllium pushed into nan 3rd quarter, which is expected to person minimal effect connected nan company's capacity plans," United wrote.

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United and Alaska are nan 2 U.S. aerial carriers that run nan Boeing 737 Max 9. (Gary Hershorn/Getty Images / Getty Images)

United declined to connection a remark beyond what was included successful its net release.

Boeing referred FOX Business to comments by chief financial serviceman Brian West astatine nan Bank of America Industrial Conference connected March 20 successful which he discussed nan effect of nan 737 Max 9 grounding and transportation issues connected customers.

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United noted that transportation delays will person a minimal effect connected its formation scheduling this quarter. (AaronP/Bauer-Griffin/GC Images / Getty Images)

"We put nan customers successful a tight spot, nan astir important point we do is pass pinch them. And they person been supportive of everything we're trying to do to heighten information and value for nan industry," West explained. 

"We are successful regular, very transparent communications, and they cognize precisely wherever we guidelines nan advancement we're making and we, astatine nan aforesaid time, person to understand what their needs are arsenic they deliberation astir their formation schedules and their passengers," he said. "So, successful nan adjacent term, nan slowdown has impacted us, and it's impacted them, and we're communicating it to them truthful that we tin activity our measurement done it, and we will guidelines down our customers."

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"So, arsenic it pertains to nan events of January nan 5th, of course, there's customer information that is going to manifest itself successful nan quarter, successful nan P&L, and we've sewage to return attraction of that, and we're good down nan roadworthy to do that. And we proceed to guidelines down our customers pinch that responsibility," West added.