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United Orders 50 Wide-Body Planes – Wall Street Journal

  • Written by Celeb ManiaCeleb Mania No Comments Comments
    Last Updated: December 15, 2009

    BY SUSAN CAREY AND DANIEL MICHAELS

    UAL Corp.’s United Airlines confirmed Tuesday that it placed initial firm orders for 50 wide-body planes, evenly split between Boeing Co.’s 787 Dreamliner and rival Airbus’s new A350 model, and arranged future purchase rights for 50 more of each.

    United, the third-largest U.S. airline by traffic, hadn’t ordered new aircraft for 11 years. The carrier began shopping last summer, figuring it could drive a better bargain by pitting the manufacturers against each other at the bottom of the business cycle. The airline hired aviation-consulting firm Seabury Group LLC to help it negotiate.

    At catalog prices, the order is valued at …

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