United beats Wall Street expectations despite ongoing 737 MAX delays

FILE PHOTO: An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches to land at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States over safety issues in Washington, U.S. March 13, 2019. REUTERS/Joshua Roberts

CHICAGO (Reuters) – United Airlines Holdings Inc (UAL.O) on Tuesday beat Wall Street estimates for quarterly profit and held to its 2020 profit target, with a turnaround strategy overseen by its outgoing CEO underpinning growth even as the Boeing 737 MAX remains grounded. Chicago-based United is one of three U.S. airlines cancelling more than 1,000 […]

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