secwatch.observer — SEC 8-K summary
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Issuer:     United Airlines Holdings, Inc. (UAL)
CIK:        0000100517
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0000100517-24-000076
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Airlines Q1 2024 net loss $124M, adjusted loss $0.15/share beating expectations on $12.5B revenue
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- Q1 2024 net loss $124M, diluted loss per share $0.38; adjusted net loss $50M, adjusted diluted loss per share $0.15.
- Total operating revenue $12.5B, +9.7% YoY; capacity +9.1%; TRASM +0.6%; CASM-ex +4.7%.
- Pre-tax loss $164M, adjusted pre-tax loss $79M, a $187M improvement YoY on adjusted basis.
- Boeing 737 MAX 9 grounding impact ~$200M; without it Q1 would have been profitable.
- Reaffirmed FY2024 adjusted EPS guidance $9-$11; fleet deliveries cut to 61 narrowbodies in 2024 from earlier 101.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100517/000010051724000076/0000100517-24-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100517/000010051724000076/ual-20240416.htm
  HTML page:      https://secwatch.observer/filing/0000100517-24-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer