United Airlines and Boeing Annonuce $14.7 Billion Deal
Created: 2012-07-13 10:39 EST
United Airlines is ordering 150 Boeing 737s for $14.7 billion.
United Continental Holdings and Boeing announced yesterday in Chicago that the two have reached a deal totalling $14.7 billion.
United Airlines, the world's largest, will purchase 100 Boeing 737 MAX 9 aircraft and 50 Boeing 737-900ER aircraft to be completed between 2013 and 2022.
"This order is a major step in building the world's leading airline, and 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," said United chief Jeff Smisek.
The 737 MAX 9 is part of Boeing’s next family of 737 jetliners. It will replace the Next Generation 737-900ER, which first rolled out in 2006. The MAX family is touted to reduce fuel use and carbon dioxide emissions compared to its predecessors.
"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, president of Boeing Commercial Airplanes.
According to United, this new deal takes the total number of 737s ordered to over 10,000.