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United Buys More 787s and E175s, for $2.2 Billion

July 16, 2018
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2 min read
United Polaris 787-9 SYD to LAX (16 of 56)
United Buys More 787s and E175s, for $2.2 Billion
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The Farnborough air show kicked off Monday, and United Airlines is the first US carrier out of the gate at the biggest aviation trade event. The Chicago-based airline added four more Dreamliners, picking up more of the longer-range 787-9 variant, along with 25 Embraer E175 regional jets. The 787 purchase is valued at $1.1B, and the Embraer purchase is valued at $1.1B for a cool $2.2B in purchases at list prices.

United was the US launch customer of the basic model, the 787-8, having first taken delivery in 2014. The airline now has orders for 55 Dreamliners, flying long-haul routes with the mostly composite-material, fuel-efficient aircraft.

"The 787 allows us to provide our customers with an industry-leading on-board experience and continues to be a vital part of our fleet," said Gerry Laderman, United's senior vice president of finance and acting chief financial officer.

For his part, Charlie Hillis, Embraer's VP Sales & Marketing for North America was pleased with the E175 announcement, although the company's bigger preoccupation at the air show is selling its newest product, the 100-seater E2-190. Embraer's new jet just got beat by the Airbus A220 for a major order from JetBlue, and the Brazilian planemaker, whose civilian products will soon be owned and marketed by Boeing, is anxious to announce a big sale. On the sidelines of the event, Hillis said Embraer is experiencing very positive momentum in the regional jet market not seen in his 26 years at the company. "It's not bad having 80% market share," he said, referring to the 70-76 seat regional jet segment. The United network now has close to 400 Embraer RJs in its fleet.

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  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
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  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.