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Would United Airlines Really Buy More Boeing 767s?


Would United Airlines Really Buy More Boeing 767s?

On Monday, The Wall Street Journal confirmed a rumor that has been making the rounds in the past month: Airline giant United Continental (NYSE: UAL) is interested in buying more 767-300ER jets from Boeing (NYSE: BA). (The airline hasn't made a final decision yet.)

Buying heavily discounted older models has become a common cost-saving technique among U.S. airlines in recent years. Even so, United would be entering uncharted waters by buying more 767s. The 767-300ER entered service nearly three decades ago, and the design hasn't changed much since then. Furthermore, Boeing hasn't built one since 2014.

Boeing hasn't built a passenger version of the 767 since 2014. Image source: Boeing.

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Source: Fool.com

United Continental Holdings Stock

€43.61
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United Continental Holdings gained 1.230% today.
We see a rather positive sentiment for United Continental Holdings with 17 Buy predictions and 2 Sell predictions.
As a result the target price of 64 € shows a positive potential of 46.77% compared to the current price of 43.61 € for United Continental Holdings.
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