- June 29, 2021
- Posted by: Stratford Team
- Category: Business
Ironsides Microeconomics managing director Barry Knapp reacts on ‘Making Money with Charles Payne’
United Airlines on Tuesday unveiled its largest ever order for 270 Boeing and Airbus jets worth more than $30 billion at list prices as it seeks to grow domestically after the pandemic.
The order for 200 Boeing 737 MAX and 70 Airbus A321neo planes, confirming details reported by Reuters on Monday, will replace older, smaller mainline jets and at least 200 small regional jets between 2022 and 2026, the airline said.
That will allow America’s third largest airline by revenue to boost the number of seats it has across its domestic network, which lags major rivals, by almost 30% and get better use out of hubs.
Chicago-based United is the most exposed U.S. airline to international travel, which suffered heavily during the pandemic and is rebounding more slowly than domestic travel.
Chief Executive Scott Kirby said the fleet shake-up would “accelerate our…
