financetom
Business
financetom
/
Business
/
United Airlines postpones investor day amid US FAA investigation following safety incidents
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
United Airlines postpones investor day amid US FAA investigation following safety incidents
Apr 5, 2024 3:19 PM

April 5 (Reuters) - United Airlines postponed on

Friday its investor day which was scheduled for early next

month, amid a review by the U.S. Federal Aviation Administration

following multiple safety incidents.

The legacy carrier now expects to hold the conference in

early fall, it said in an email to the invitees seen by Reuters.

The FAA had initiated a review of the carrier in March to

check its compliance with safety regulations after a series of

incidents.

"Right now, our entire team is focused on cooperating with

the FAA to review our safety protocols," the company said.

"It would simply send the wrong message to our team to have

an exciting investor day focused primarily on financial

results," United added.

On March 15, an external panel was missing from one of its

Boeing BA.N 737-800 aircraft when it landed in Oregon.

A Boeing 737 MAX from its fleet rolled onto the grass in

Houston on March 8 and another Boeing 777-200 had to be

diverted to Los Angeles on March 7 after losing a tire during

takeoff from San Francisco.

United is expected to report first-quarter financial results

on April 16.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved