Chicago-based United is one of three U.S. airlines that has had to cancel more than 2,000 monthly flights through the end of the year as Boeing Co’s 737 MAX remains grounded following two deadly crashes in Indonesia and Ethiopia. The flight cancellations have weighed on airline profits and costs, but United said strong travel demand continued to offset MAX headwinds and disruption in Hong Kong and China. As a result, it raised its 2019 adjusted diluted earnings per share guidance to $11.25-$12.25 versus $10.5-$12.0 previously. …read more
Source:: Yahoo Finance
