United to buy 25 more 737-700 aircraft from Boeing

United said on Tuesday it would buy 25 more 737-700 aircraft from Boeing, in addition to an order for 40 of the narrow-body jetliners announced in January. United announced the new order for the aircraft, which can carry 149 passengers, as it cuts its regional fleet of smaller aircraft. "The new 737-700 aircraft are ideal for our fleet as we continue to reduce our reliance on 50-seat aircraft," said Gerry Laderman, United's acting CFO. The order for the 25 737-700s is valued at US$2.01b at list prices. United could pay less than that as aircraft manufacturers tend to offer customer discounts. Deliveries of the plane are expected to begin at the end of 2017. United also announced on Tuesday that it would retire its 747 fleet from scheduled service by the end of 2018. To meet capacity needs, United said it was converting 787 orders, initially anticipated for delivery beginning in 2020, to four 777-300ERs and five 787-9s, with deliveries to begin in 2017.<br/>
AFP
http://www.channelnewsasia.com/news/business/international/united-airlines-to-buy-25/2584596.html
3/9/16
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