United Airlines orders 110 new aircraft; total firm commitments $62.2B through 2033

United Airlines Holdings, Inc.

Firm order for 50 Boeing 787-9 (delivery 2028-2031) and 60 Airbus A321neo (delivery 2028-2030).
Secured options for up to 50 additional 787s and purchase rights for up to 40 A321neos.
Capital commitments: $5.2B (2023), $8.6B (2024), $8.0B (2025), $40.4B (after 2025), total $62.2B.
CEO Scott Kirby: order adds flexibility; expects 800 aircraft by 2032, average seats per departure to exceed 145 by 2027.
New aircraft include seatback screens, Bluetooth, Wi-Fi, Polaris biz class; 75% of fleet to be new-generation by 2030.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

United Airlines Holdings, Inc. entered into Supplemental Agreement to Purchase Agreement No. 04815 with The Boeing Company valued at exercise options to purchase 50 Boeing 787-9 aircraft scheduled for delivery between 2028 and 2031; (effective 2023-09-28).

Action: entry
Counterparty: The Boeing Company
Value: exercise options to purchase 50 Boeing 787-9 aircraft scheduled for delivery between 2028 and 2031;
Effective: 2023-09-28

Exact text from the filing

On September 28, 2023, United Airlines, Inc. ("United") entered into a supplemental agreement to Purchase Agreement No. 04815, dated May 31, 2018 ("Purchase Agreement No. 04815"), with The Boeing Company ("Boeing"), pursuant to which United exercised options to purchase 50 Boeing 787-9 aircraft scheduled to be delivered between 2028 and 2031 (the "Boeing Aircraft Order").

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

United Airlines Holdings, Inc. amended Amendment to A320 Family Purchase Agreement with Airbus S.A.S. valued at exercised purchase rights to purchase 60 A321neo aircraft scheduled for delivery between 2028 and 20 (effective 2023-09-29).

Action: amendment
Counterparty: Airbus S.A.S.
Value: exercised purchase rights to purchase 60 A321neo aircraft scheduled for delivery between 2028 and 20
Effective: 2023-09-29

Exact text from the filing

on September 29, 2023, United entered into an amendment to the A320 Family Purchase Agreement, dated December 3, 2019 (as amended, the "A320 Family Purchase Agreement" and, together with Purchase Agreement No. 04815, the "Purchase Agreements"), with Airbus S.A.S. ("Airbus"), pursuant to which United exercised purchase rights to purchase 60 A321neo aircraft scheduled to be delivered between 2028 and 2030 (the "Airbus Aircraft Order") and was granted purchase rights to purchase up to an additional 40 A321neo aircraft at the end of the decade.

View on SEC.gov

Browse all material agreements →

United Airlines Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000100517-23-000175

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.