United Airlines expects to lose money in the first quarter due to the grounding of Boeing Max 9 jets

United Airlines is warning that it will lose money in the first three months of the year because of the grounding of its Boeing Max 9 airplanes. United said Monday that it expects to lose between 35 cents and 85 cents per share in the first quarter. The company is predicting a bounce back and full-year earnings in 2024 of between $9 and $11 per share. That's based on the assumption that Boeing 737 Max 9 planes will be ungrounded after January. Federal regulators aren't putting a timeline on when they'll let the planes fly again. They've been grounded since a panel called a door plug blew off an Alaska Airlines Boeing Max 9 during a flight in early January.