$United Airlines(UAL.US)announced Q1 earnings after market,

Revenue increased 10% year-on-year to $12.54 billion, higher than market expectations of $12.45 billion;

EPS reported a loss of $0.15, also better than market expectations of a $0.57 loss;

Net loss decreased from $194 million in the same period last year to $124 million;

United Airlines indicated strong demand environment in the latest quarter, stating they could have turned profitable this quarter if not for losses caused by the Boeing 737 Max 9 grounding in January; For future expectations, next quarter profits are projected to be between $3.75 - $4.25, higher than market expectations of $3.76, while reaffirming full-year profit guidance of $9 - $11 versus market expectations of $9.43;