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Stock impact report

United CFO says 'one thing is certain': We won't take Boeing's 737 Max unless we need them [Yahoo! Finance News]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
United Airlines Holdings, Inc. UALBA“With respect to our new aircraft commitments, if the 737 Max is ungrounded later this year, we expect to take delivery of 16 Max aircraft this year,” Gerry Laderman, United’s Chief Financial Officer, said Friday during the company’s quarterly earnings call.Laderman added that the deliveries remain subject to lease financing agreements entered into for 22 total aircraft scheduled for delivery this year. An additional 24 Max planes are scheduled for delivery in 2021, with 131 more for 2022 and beyond.“We are discussing the timing of these deliveries with Boeing,” Laderman said. “However, one thing is certain – I do not anticipate taking any of those aircraft, unless and until we need them.”A flight board at George Bush Intercontinental Airport displays many cancelled flights Tuesday, March 31, 2020, in Houston. Airlines have reduced the number of flights they are operating during the coronavirus outbreak. AP Photo/David J. Phillip)On April 14, Boeing Show less Read more
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