United Airlines And Boeing Poised To Ink Significant Order Agreement For 787s

United Airlines Holdings Inc UAL plans to order Boeing Co's BA 787 Dreamliner next week, although the number of 787s United may order is unclear.
Reuters reported that Boeing and United were close to reaching a deal last week.
In August, United CEO Scott Kirby told pilots that the carrier plans to order more than 100 wide-body airplanes.
In October, United was nearing an order for more than 100 wide-body jets and was evaluating offers from Boeing and Airbus SE's EADSY EADSF A350, as per a Bloomberg report.
Also see: Airbus CEO Expects Positive Demand For Wide-Body Jets In The Next Two Years.
The potential deal comes after Boeing suffered a significant setback when Congress refused to add an extension to an annual defense bill to exempt Boeing from a year-end regulatory change for 737 Max 7 and Max 10 versions of aircraft.
Boeing resumed 787 deliveries in late August. The program is producing at a low rate with an expected gradual return to five per month over time.
United had 64 Dreamliners at the end of September and will have 68 by the end of 2022.
Price Action: UAL shares are up 0.49% at $43.01 during the premarket session on the last check Friday. BA shares are up 1.19% at $181.21.