The stock is rising on Wall Street, pulling several other companies in the sector up. The American airline United Airlines' fourth-quarter report exceeded analysts' expectations. Adjusted earnings per share amounted to $2, compared to analysts' forecasts of $1.69, according to Factset. Sales increased by 9.9 percent during the quarter.
The Wall Street Journal However, writes that the company is reporting a loss in the first quarter related to the problems with the Boeing 737 Max 9.
The stock is up 6.2 percent on Wall Street with an hour left until closing, pulling several airlines up with it. American Airlines, Southwest Airlines and Delta Airlines are up 3.6, 3.5 and 2.9 percent, respectively.
Source:DI.SR
