United Airlines Holdings Inc UAL is reportedly poised to acquire approximately three dozen Airbus SE EADSY A321neo jets from aircraft lessors to substitute delayed Boeing Company BA 737 Max 10 orders.
Final negotiations are underway for deliveries spanning from 2025 to 2027, with the shift stemming from certification delays plaguing Boeing’s Max 10, as reported by Bloomberg.
The pivot to Airbus potentially grants the European manufacturer a strategic advantage over Boeing, especially considering United’s status as the primary major Max 10 customer.
United’s CEO, Scott Kirby, underscores that favorable economics will anchor any prospective deals in the shifting aviation landscape.
Kirby elucidated United’s decision to suspend Max 10 production, urging Boeing to concentrate on the Max 9 variant until securing federal certification.
The timetable for the Max 10’s commercial rollout by Boeing remains uncertain, prompting United to recalibrate its approach toward transitioning to larger aircraft.
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Price Action: UAL shares are currently trading down by 0.12% at $42.80 in premarket activity during the latest Friday check.
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