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

united airlines announced its first-quarter results on Tuesday, revealing a loss of about $200 million due to the temporary grounding of its Boeing 737 Max 9 fleet earlier this year.

The Chicago-based airline reported a pretax loss of $164 million for the quarter, an improvement of $92 million from the same period last year, and attributed the loss to the grounding of the 737 Max 9. did.

“These revenues reflect the approximately $200 million impact of the Boeing 737 Max 9 grounding, without which the company would have reported a quarterly profit,” United Airlines said in its earnings release. ”

United Airlines is boeing 737 max 9, and the other company is Alaska Airlines. The aircraft was released a day after the January 5 accident in which a plug door panel of a 737 Max 9 operated by Alaska Airlines was blown off in the air after takeoff, causing the cabin to depressurize and force pressure to rise, according to the Federal Aviation Administration. The FAA has temporarily suspended operations. The plane returned to Portland International Airport in Oregon for an emergency landing.

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After the FAA, Boeing, and airlines We conducted an inspection For aircraft in the 737 Max 9 fleet with plug door panels, the aircraft was cleared to return to service after January 24 after inspection was completed. Alaska Airlines resumed operations on January 26, and United Airlines followed suit the next day.

Production capacity constraints due to Max 9 grounding and increased FAA oversight of Boeing manufacturing quality It was also included in the financial report. At the beginning of the year, United Airlines expected to deliver 101 narrow-body jets, but now expects to deliver 61 narrow-body jets and five wide-body jets in 2024.

United Airlines said: “In the short term, we expect a small number of aircraft scheduled to enter service in the second quarter to be postponed to the third quarter, but we expect the impact to the airline’s supply plans to be minimal.” “It will be done,” he said.

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United Airlines and Alaska Airlines are two US airlines that operate the Boeing 737 Max 9. (Gary Hershawn/Getty Images/Getty Images)

United declined to comment beyond what was included in the financial statement.

Boeing provided the following comment to FOX Business: Chief Financial Officer Brian West At the Bank of America Industry Conference on March 20, he discussed the impact of the 737 Max 9 grounding and delivery issues on customers.

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United Airlines said the delivery delays will have minimal impact on its flight schedule this quarter. (Aaron P/Bauer Griffin/GC Images/Getty Images)

“We’re putting our customers in a corner. The most important thing we do is communicate with them. And they support us in everything we’re trying to do to improve safety and quality in the industry. ,” West explained.

“We have very transparent communication on a regular basis so they know exactly how we are progressing. “You have to understand what their needs are,” he said. “So in the short term, the economic slowdown is impacting us and it’s impacting them as well. We want to communicate that to them so they can get through this and support their customers. To go.”

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“So this is related to what happened on January 5th, so of course there’s customer consideration and that shows up in the quarter and in the P&L. And we have to address that, and We’ll be fine.’ And we will continue to support our customers with that responsibility,” West added.