United Airlines Places A350 and 787 Orders
These aircraft will replace what will be an aging 747 and 767 fleet between the years of 2016 and 2019.
United had put out a request for proposals this past June from both Boeing and Airbus in what was expected to be “winner-take-all”, but is now split with the two competing aircraft types.
The airline began experiencing financial trouble every since the Dot.com decline, compiled by United aircrafts’ role in the September 11th attacks. They have since filed for Chapter 11 bankruptcy, cut their routes, killed Ted service, extended their bankruptcy, is confirmed or rumored to have been in [failed] merger talks with airlines like Delta, US Airways and Continental, and also has hooked up with more airlines (BMI, Aer Lingus) than Mae West.
So, one might be surprised to see a large widebody order like this, especially with Continental surely still “vulturing” overhead. United feels their restructuring is near complete and they have laid a foundation that well- positions them for global competition again.