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In May 2018, United planned to replace its 51 Boeing 767s in a deal potentially worth $14 billion at list prices, and was in talks with both Airbus and Boeing, for their A330neo and 787. [11] United operates 128 757s and 767s (77 757s and 51 767s), the second-largest combined fleet after Delta Air Lines with 206 (127 757s and 79 767s).
Airline ticket prices have now settled around an average of $270, ... United stock reached a 2024 high of nearly $52 after reporting its Q1 results on Wednesday. The stock is up over 24% year to date.
In November 2017, United revealed plans to reduce its basic economy offerings due to revenue loss resulting from customers opting for other airlines that price-matched United without basic economy restrictions. [15] Despite the initial setback, United announced an expansion of basic economy fares in January 2018. [16]
Price wars have been documented in airline markets around the world. Some key examples include: 1992 United States airline price wars: American Airlines, Northwest Airlines, and other United States carriers matched and exceeded the reduced prices of one another, resulting in increased sales volume but record losses. [2]
Among the big three airlines — Delta, American Airlines, and United Airlines —ticket prices have surged 49.4% on average on year over year basis for the week-end May 23, according to data ...
An American Airlines representative pointed NBC News to a tweet buried in response to a user saying selected cities would see price caps. The representative declined to share further details.
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