United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.
The airline slashed its expected aircraft deliveries for this year amid Boeing's quality crisis and will add leased Airbus A321neo jets in the next few years.on Tuesday reported strong travel demand that drove it to a narrower loss than expected in the first quarter despite a $200 million hit from the temporary grounding of the Boeing 737 Max 9 in January.
United said it plans to lease 35 Airbus A321neos in 2026 and 2027, turning to Boeing's rival for new planes as the U.S. manufacturer facesand increased federal scrutiny. In January, United said it was taking Boeing's not-yet-certified Max 10 out of its fleet plan. The airline said it has converted some Max 10 planes for Max 9s.
United expects to receive just 61 new narrow-body planes this year, down from 101 it said it had expected at the beginning of the year. "We've adjusted our fleet plan to better reflect the reality of what the manufacturers are able to deliver," CEO Scott Kirby said in an earnings release. "And, we'll use those planes to capitalize on an opportunity that only United has: profitably grow our mid-continent hubs and expand our highly profitable international network from our best in the industry coastal hubs.
The airline expects to post earnings of between $3.75 and $4.25 in the second quarter, ahead of analysts' estimates of about $3.76 a share. Airlines make the bulk of their profits in the second and third quarters, during peak travel season.United shares were up more than 4% in after-hours trading on Tuesday.
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