United Airlines just warned of a loss in Q1: here's why

United Airlines Holdings Inc (NASDAQ: UAL) is up 7.0% in extended hours on Monday even though it warned of a loss for the first three months of 2024.Why does UAL expect a loss in the first quarterCopy link to sectionThe air carrier now expects to lose between 35 cents and 85 cents in the first quarter related primarily to dozens of its planes that the FAA grounded following the Alaska Airlines incident on January 5th (read more). Four passengers are now suing Alaska Airlines and Boeing, alleging that the co ...