CNN BUSINESS | United Airlines orders 270 jets, its biggest aircraft purchase ever

New York (CNN Business) – United Airlines on Tuesday announced orders to buy 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade.

The list price for the 270 jets totals about $35 billion. Airlines typically pay only a fraction of list prices — and because this is still not a good time for aircraft sales, United is paying far below half of the list price.

United is likely getting an especially significant discount, on the 200 Boeing (BA) 737 Max jets that makes up the bulk of the order. The rest of the order is for 70 Airbus (EADSF) A321neo aircraft.

The buy is another sign that airlines see a recovery from the pandemic on the horizon.  —read more—