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United Airlines nears order for over 100 widebody jets

Reuters by Reuters
October 13, 2022
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© Reuters. FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File Photo

(Reuters) -United Airlines Holdings Inc is nearing an order for more than 100 widebody jets as it studies offers for Boeing (NYSE:) Co’s 787 Dreamliner and Airbus SE (OTC:)’s A350, Bloomberg News reported on Thursday, citing people briefed on the matter.

A deal could be announced by December, according to the report, which added that United Airlines has been in discussions with the planemakers for months.

The potential new order comes at a time when travel demand has bounced back from the pandemic, but a shortage of staff and aircraft has left airlines scrambling to meet the demand.

United Airlines and Boeing declined to comment, while Airbus did not immediately respond to a Reuters request for comment.

Shares of United Airlines were down marginally in trading after the bell, while Boeing rose slightly to trade at $133.

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