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United buys used airplanes to add capacity, as 737 Max remains grounded

The Chicago-based carrier said he had signed an agreement to buy 19 used Boeing 737-700 aircraft. Airplanes are expected to be delivered in December. He did not disclose the airline from which he bought the airplanes.

UAL ) has 14 Boeing 737 Max 9 aircraft in its fleet. Like other airlines, he is forced to cancel flights at least until early November due to grounding.
The planes used are not intended to replace the Max 9 jets because they are slightly smaller. Boeing 737-700, currently in the United Navy, has 126 seats, while Max 9 can hold 179 passengers.
But additional planes will help the growth of the United States. The airline expects to increase capacity between 3% and 4% this year.
He has strengthened his fleet by buying used airplanes in the past because buying them is more financially feasible than letting them out. Last year she bought 20 used Airbus 31

Despite the problems surrounding Max's ground, United had a strong quarter. Revenues jumped to 11.4 billion dollars, which is more than 6% compared to the same quarter a year ago. This was slightly above analysts' expectations. Shares are slightly higher in pre-trade. Last week, Delta (19459009) DAL ) Air Lines also reported strong earnings and increased their earnings forecast for 2019. The Atlanta-based carrier does not use Boeing 737 Max.

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