United Airlines - an arm of
United Continental Holdings Inc.
) - placed the purchase order for 35 jets with Airbus for an
undisclosed amount. Per the agreement, Airbus will convert
United's existing order of 25 A350-900s into A350-1000s as well
as deliver 10 new A350-1000s. The delivery of the airplanes will
commence in 2018.
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The A350-1000 aircraft - the largest member of the A350 WXB
family - not only offers more seating capacity but is also highly
fuel efficient. Built with superior materials such as composites,
titanium and aluminum alloys, these jets are fitted with the
technologically advanced Rolls-Royce Trent engine. This makes the
aircraft lighter and burn about 20% less fuel per seat, in
comparison to other large wide-body planes.
To render extra customer comfort, the cabins are designed with
more headroom, bigger panoramic windows and spacious overhead
storage. United will use these aircraft to replace the older,
less efficient jets that are currently operating in long-haul
United, over the last few months, has been concentrating on
upgrading its fleet structure. The airline also entered into a
The Boeing Company
) to buy 10 of its 787-10 aircraft, in addition to converting 10
existing 787 orders to the newer variety. This brings United's
total order of 787 Dreamliner to 65. In May, United agreed to buy
) 175 regional jets. The deal, estimated at about $4 billion,
also has the option of 40 additional purchases.
With a newer fleet comprising modern, fuel-friendly and high-tech
airplanes, United will be able to spread its operational wings to
more markets, both domestic and international. The carrier, with
the help of additional features such as launch of novel and
innovative on-board products and services, aims to take the level
of customer service to great heights. We believe that these
initiatives will enhance the performance level of the company by
trimming its maintenance and operating costs plus offering smooth
air travel for flyers.
United Continental, which operates in the airline industry with
the likes of
Delta Air Lines
), currently retains a Zacks Rank #3 (Hold) rating.