DALLAS: United Airlines Holdings Inc’s profit is poised to beat Wall Street’s expectations this year as the carrier works to overcome the costs from a grounding of certain Boeing Co 737 Max planes. Shares of United and other airlines climbed.
The airline’s full-year forecast suggests a sharp turnaround after this quarter, when United expects an adjusted loss of 35 US cents to 85 US cents a share. That would fall well short of the average 21-US cent loss estimated by analysts.
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