United Airlines nears deal with Boeing for major 787 order

United Airlines and Boeing are close to a deal on a big order for 787 Dreamliners, according to sources. The order’s exact size could not be immediately determined, but it is anticipated to be sizeable and announced as soon as this month.

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Bloomberg News reported in October that United was considering an order for more than 100 widebody aircraft and was comparing bids from Boeing and Airbus SE’s A350.

Continuing to construct 787s at a low rate, Boeing stated in October that it “will progressively return to five aeroplanes per month over time.” We anticipate increased production rates, according to Boeing, given the huge demand and backlog of more than 400 widebody aircraft.

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Boeing and United both declined to comment. At the end of September, United has 64, 787 Dreamliners, and by the end of 2022, it will have 68. In August, Boeing delivered its first 787 since May 2021 after facing production problems. The Federal Aviation Administration cleared the way for deliveries to resume after the agency approved Boeing’s inspection and retrofit plan needed to meet certification standards in July.

Widebody aircraft are in higher demand, according to both Boeing and Airbus. In afternoon trading, United stock fell 1.3%.

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