United Airlines CEO Says We Are Not Cancelling Max 10 Orders, Just Taking It Out Of Our Internal Plans
Portfolio Pulse from Benzinga Newsdesk
United Airlines CEO confirmed during a conference call that the company is not cancelling its orders for the Boeing Max 10 aircraft, but is removing it from their internal planning considerations.
January 23, 2024 | 4:35 pm
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Boeing's Max 10 orders remain intact with United Airlines, despite being removed from United's internal plans.
The CEO's statement indicates that while United Airlines is not cancelling its orders, which could have been a significant negative impact for Boeing, the removal from internal plans suggests a lack of immediate integration into United's fleet. This could be interpreted neutrally by the market as there is no direct cancellation, but it also doesn't confirm a strong commitment to the Max 10 in the near term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
United Airlines is adjusting its internal planning by not including the Boeing Max 10, indicating a shift in fleet strategy.
The CEO's announcement shows that United Airlines is reevaluating its fleet strategy, which could mean a variety of things for the company's future planning. Investors may see this as a neutral move since it does not directly affect the current composition of the fleet or indicate a significant change in operations. It suggests caution in fleet expansion or changes in aircraft preference.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 80