United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays [MSNBC.com]
Boeing Company (The) (BA)
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Source: MSNBC.com
United AirlinesBoeing"We've adjusted our fleet plan to better reflect the reality of what the manufacturers are able to der," CEO Scott Kirby said in an earnings release. "And, we'll use those planes to capitalize on an opportunity that only United has: profitably grow our mid-continent hubs and expand our highly profitable international network from our best in the industry coastal hubs."United said it plans to lease 35 Airbus A321neos in 2026 and 2027, turning to Boeing's rival for new planes as the U.S. manufacturer facescaps on its productionIt lowered its annual capital expenditure estimate to $6.5 billion from about $9 billion.United is also facing a Federal Aviation Administration safety review, which has prevented some of its planned growth. A spokeswoman told CNBC earlier this month that the carrier will have to postpone its planned service from Newark, New Jersey, to Faro, Portugal, and service between Tokyo and Cebu, Philippines.United earlier this month postponed its inves
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BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 4/24/24 - Form PX14A6G
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- BA's page on the SEC website