United Airlines Takes Precautionary Measures
Following a mid-air pressurization issue with an Alaska Air jet, United Airlines has reportedly taken proactive measures in ensuring the safety of its Boeing 737 Max jets. The incident with the Alaska Air jet on Friday night led to an emergency landing, prompting United Airlines to temporarily ground all 65 jets in its Max-9 fleet.
Inspections Amid Concerns
Social media videos depicting a large hole in the midsection of the Alaska Airlines plane raised concerns, although fortunately, no passengers were seriously injured during the mishap. As the largest operator of the Boeing 737 Max 9 variant with 78 planes, United Airlines’ decision to conduct inspections demonstrates a commitment to passenger safety and airline security.
Implications for Q4 Earnings Season
The timing of the incident is particularly noteworthy as it precedes the Q4 earnings season. With Delta Air Lines in the leadoff position on January 12 and United Airlines’ earnings report landing shortly after on January 22, analysts are closely monitoring the situation. Expectations for United Airlines’ earnings report stand at revenue of $13.6B and EPS of $1.70.
Update: United Airlines has not issued a statement on the exact number of Max 9 jets to be inspected, but media reports suggest that the figure could be in the dozens.
