Major Boeing order from United Airlines expected this morning

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by KING 5 News

NWCN.com

Posted on July 12, 2012 at 6:40 AM

Updated Thursday, Jul 12 at 8:01 AM

Boeing is expected to announce at 7 a.m. an $8.4 billion order from United Airlines, Bloomberg Businessweek reports.

The order would be for 100 737’s, including the new 737 Max, and options for 100 more jets.

Boeing is trying to sell the 737 Max this week at the Farnborough Airshow in England.

David Parker Brown, Founder of Airlinereporter.com, is at Farnborough. He says all the buzz right now is over this new order from United.

"This is huge. United Airlines runs one of the biggest fleets of 737s and also Airbus A320s, so the idea that they know both aircraft, and if it ends up that they go with the 737 Max, that will be huge for Boeing and other airlines around the world,” said Brown.

Avalon has also purchased 20 new 737 Max airplanes and 10 737-800s. Domhnal Slattery, CEO of Avalon says the Max delivers exactly what the industry is looking for.

"Airlines all over the world are looking for more fuel efficient aircrafts and the Boeing 737 MAX really delivers that for airlines, so we have a very strong conviction that this aircraft is going to be in big demand on a global basis,” said Slattery.

Boeing has already announced at least $18.7 billion in deals during the first three days of the airshow.

Airbus CEO Fabrice Bregier is still confident Airbus will be ahead of Boeing in the race to sell new airplanes.

"We will see, but I am pretty sure that since we launched neo, we will, at the end of 2012, still be ahead of Boeing with their product,” said Bregier.

Information compiled by KING 5's Jake Whittenberg and Travis Pittman.
 

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