United Airlines to buy hundreds of passenger planes

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United Airlines to buy hundreds of passenger planes

A United States (US) airline has ordered the purchase of hundreds of passenger planes since the start of the coronavirus vaccination campaign, the largest order in air travel history.

According to the details, air travel was most affected as the coronavirus pandemic engulfed the world, causing companies to face a severe financial crisis. However, the US airline, United Airlines, ordered the purchase of 270 new aircraft as soon as air travel resumed.

According to media reports, United Airlines plans to buy 200 Boeing planes from the 737 Max series and 70 Airbus A321neo aircrafts worth $35.40 billion. Media reports say the project is being called “the biggest order” in the history of the air travel industry.

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“It’s a plan that’s a nose-to-tail plan for the future,” Andrew Nocella told reporters on Monday. “And it’s something we’ve actually been working on for many, many years.”

“We’ll deliver a better, more consistent experience, with more features for more customers, faster than ever,” Andrew Nocella, United’s EVP and Chief Commercial Officer, said in a statement. “Our new, signature interior creates a more consistent product across our mainline fleet – with a focus on the amenities that customers value most like seat back screens, fast WiFi, and extra storage – to further set ourselves apart.”

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It may be recalled that several major international airlines, including United, have been running at a loss from April to June this year and its report will be released on July 1, 2021.

United, perhaps anticipating criticism for planning big investments so soon after requiring taxpayer aid, heavily emphasized the potential positive ripple effects on the US economy from placing this order.

The company argued that the purchase will directly create 25,000 new unionized United jobs, while indirectly supporting many more jobs at manufacturers, airports and travel destinations.

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