United Airlines, the wholly owned subsidiary of
United Continental Holdings Inc.
), has agreed to buy 30 Embraer 175 regional jets. The deal,
estimated at about $4 billion, also has the option of 40
These 76 seater aircraft from the Brazilian plane manufacturer
will replace United's older 50-seat regional jets that are
proving expensive due to high fuel prices. With the new
airplanes, United will be able to save 10% fuel per passenger as
well as have less of harmful gas emissions.
United Airlines also targets to offer a more comfortable flying
experience to passengers via the Embraer 175 jets that are
designed with 12 first class seats, 16 Economy Plus coach seats
with extra legroom, 48 coach seats and larger overhead bins. The
airplanes - which are scheduled to be delivered through 2014 and
2015 - will be part of the United Express fleet.
United Continental is making continued progress in revamping its
fleet structure along with network expansion and launch of newer
and innovative on-board products and services in both domestic
and international flights. These initiatives are expected to
enhance the performance level of the company by trimming its
maintenance and operating costs plus rendering smooth air travel
With the target to expand its operational wings far and wide,
United Continental is expanding its global route network. The
company is launching various non-stop flights across many
Last week, United Continental introduced a daily nonstop service
between San Francisco and Paris. The carrier will commence the
The Boeing Company
) 767-300 aircraft, the BusinessFirst cabin passengers of which
will have the luxury of touchscreen monitors for personal
in-flight entertainment, electrical and USB outlets, iPod jacks
and five-course meals with high-quality wines.
This service connecting the U.S. Bay Area and one of the
world's topmost leisure destinations is not only expected to be
in high demand from tourists but will also fortify the company's
operating base in the West Coast.
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United Continental, which operates in the airline industry with
the likes of
Delta Air Lines
Southwest Airlines Co.
), currently retains a Zacks Rank #3 (Hold) rating.