United Airlines Finalizes $4.2B Boeing 787 Order

Boeing Co. said United Airlines has finalized its order for 25 787-8 airplanes valued at $4.2 billion at list prices.


United

The Chicago-based airline also has options to buy an additional 50 787s.

United said it will retire its Boeing 747s and 767s when it begins to take delivery of the Everett-built 787s.

“United’s Boeing 787 order represents a substantial investment in our future and will enhance the significant progress we are making in improving the global competitiveness of our company while providing the opportunity to open new profitable markets and serve a broader range of international destinations,” said John Tague, president of United Airlines, in a statement.

Boeing Co. said that it now has orders for 867 787s from 57 customers.

“United, which launched the Boeing 777, now begins a new chapter with the 787 Dreamliner, the most technologically advanced commercial jetliner ever built,” said Jim Albaugh, president and CEO of Boeing Commercial Airplanes, in a statement.