Categories: BusinessFront Page

United Airlines buys 150 Boeing 737 in $14.7 billion deal

Boeing has announced an “historic” order from United Airlines for 150 Boeing 737s, in a deal worth up to $14.7 billion.

The order comprises 100 of the new Boeing 737 Max 9 planes and 50 Next Generation 737-900ER aircraft.

Boeing said the deal meant it had now received more than 10,000 orders overall for aircraft from the 737 family.

Boeing said the 737 was the “undisputed best-selling jetliner in the world”.

It said the Next Generation 737 was “the most fuel-efficient and reliable” single-aisle plane in the market.

Boeing has announced an "historic" order from United Airlines for 150 Boeing 737s, in a deal worth up to $14.7 billion

The 737 Max, which is a new-engine variant on the Next Generation 737, builds on these strengths, Boeing said, reducing fuel use and carbon dioxide emissions by 13%.

“United and Boeing share a rich history together and we are delighted United has chosen the 737 for its future fleet, renewing our partnership for decades to come,” said Ray Conner, chief executive of Boeing Commercial Airplanes.

Jeff Smisek, chief executive of United, said: “We look forward to offering our customers the modern features and reliability of new Boeing airplanes, while also making our fleet more fuel-efficient and environmentally friendly.”

United Continental, the parent company of United Airlines, said it would begin taking delivery of the 737 Max 9 planes in 2018.

The 737-900ERs will be delivered from late 2013.

Both planes feature a quieter cabin and brighter lighting, designed to give the impression of more space.

The deal is valued at $14.7 billion at list prices, although major airlines like United do not pay list prices.

United Airlines is the world’s biggest carrier. In 2011, it flew more than two million flights, carrying 142 million passengers.

Earlier on Thursday, Boeing’s European rival Airbus announced a further $6.35 billion of potential orders at the Farnborough airshow.

The four deals Airbus has announced so far this week, if completed, would total $16.9 billion for 115 aircraft.

 

Clyde K. Valle

Clyde is a business graduate interested in writing about latest news in politics and business. He enjoys writing and is about to publish his first book. He’s a pet lover and likes to spend time with family. When the time allows he likes to go fishing waiting for the muse to come.

Recent Posts

Donald Trump and Elon Musk Celebrate Election Victory at UFC 309

Image source: Wikimedia Commons President-elect Donald Trump celebrated his election victory at the Ultimate Fighting…

5 days ago

White House 2024: Donald Trump Wins, Kamala Harris Calls Him to Concede Election

Millions of voters across the US chose to return Donald Trump to the White House…

2 weeks ago

Who Won? Donald Trump Declares Victory as He Addresses Jubilant Supporters in Florida

Donald Trump declares victory in the US election as he addresses jubilant supporters in Florida.…

2 weeks ago

Stocks Soaring as Donald Trump Closes in on US Victory

Stocks around the world are rising as Donald Trump appears to be on the cusp…

2 weeks ago

Who Won? Kamala Harris Cancels Election Night Party as Path to Victory Narrows

Donald Trump has won Pennsylvania, North Carolina and Georgia and taken a lead over Kamala…

2 weeks ago

Quincy Jones Dead at 91

Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…

2 weeks ago