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.
Source: Fool.com
United Continental Holdings Stock
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