United Airlines Says Boeing’s Midair Blowout, Max 9 Grounding Cost It $200 Million

Two United Airlines Boeing 737s are parked at the gate at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla., on July 7, 2022. Wilfredo Lee/AP

United Airlines is blaming troubled plane maker Boeing for a $200 million hit to its earnings in the first three months of this year after a midair blowout led to the grounding of many of its Max 9 planes.

In its first-quarter 2024 financial results published on April 16, the company said it had a pretax loss of $164 million, which marked a $92 million improvement over the same quarter last year.