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United Airlines Announces Order to Purchase 25 New Boeing 737-700 Aircraft; Will Accelerate Retirement of 747s

Street Insider released a news article about United Airlines and how it is planning to order some new Boeing 737-700 aircrafts. United Airlines is working to order 25 of these aircrafts. It is important to note that these 25 aircrafts are in addition to the 40 737-700’s previously purchased earlier. United Airlines plans to take delivery of these aircrafts sometime during the end of 2017. Because of this new purchase, United Airlines will be able to utilize these more efficient aircrafts. In doing so, the company will also be able decrease the size of its fleet. In total, United Airlines plans to have less than 100 aircrafts in its fleet of 50 seats by the tail end of 2019. Street-insider talks about the newest 737-700s features.
The next-generation 737-700s provide a superior customer experience by featuring cabin enhancements including larger overhead bins that can accommodate additional carry-on bags.
Additionally, the Boeing Sky Interior uses LED lights in the cabin in order to mimic the sky and sunset colors to give off the impression that the interior space is bigger than it really is. On top of purchasing these additional 25 Boeing 737-700s, United Airlines is also planning to throw in the towel for its 747 fleet. However, the United is pushing for its four 777-300ERs and five 787-9s for the beginning of 2017 instead of the anticipated delivery in 2020. Street-insider tell of the other aircrafts United is expecting as well.
In addition to this announcement, United currently has firm orders for 35 Airbus A350-1000s, 153 aircraft from the Boeing 737 family, 10 Boeing 777-300ERs, and 27 Boeing 787s.
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