New Pilots

United Airlines orders 25 more Boeing B737-700NG jets

2016 03 11

United Airlines has ordered another 25 aircraft from Boeing Co., virtually killing Bombardier Inc.’s hopes of selling the CSeries to the big U.S. carrier. United said Tuesday that it will supplement its previously announced order for 40 narrow-body B737-700NG jets with 25 more.

“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 chief financial officer.

United had said the CSeries was a candidate as it examined the best aircraft to replace its regional planes. Even after announcing the original order for 40 Boeings in January, Laderman said United was still looking at other aircraft and hadn’t ruled out Bombardier’s jets.

Last month, Bombardier announced that it had signed a letter of intent to sell 45 CSeries to Air Canada, an order valued at US$3.8 billion at list prices. That order needs to meet various closing conditions before it can be firmed up.

The last time Bombardier recorded a firm order for the CSeries was in September 2014. Bombardier’s shares closed down 10.3 per cent at $1.13.

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