United Airlines in talks with Airbus about Max 10 alternative-report
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 29 January 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Biggest stock movers today: Koninklijke Philips, SoFi Technologies, and more
Earnings week ahead: Microsoft, Apple, Meta, Google, Amazon, Chevron and more
Reddit reportedly looking at $5 billion IPO valuation
California playing 'dangerous game' with climate policies, Chevron exec says
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Monday, January 29th. I'm Julie Morgan. |
| 0:13.0 | United Airlines is reportedly looking for an alternative to the Max 10. |
| 0:18.0 | President Biden is set to announce billions in chip subsidies, |
| 0:22.0 | and China is pumping the brakes on short selling. |
| 0:26.0 | United Airlines has reportedly reached out to Airbus to discuss potential alternatives to Boeing |
| 0:31.7 | 737 Max 10. |
| 0:33.7 | This comes after a mid-air blowout of a 737 Max 9, |
| 0:37.6 | earlier this month raised concerns |
| 0:39.9 | over Max 10's delayed certification. |
| 0:42.8 | According to Reuters, the United CEO recently flew to France to discuss a potential |
| 0:48.0 | deal with the French aircraft maker. |
| 0:50.4 | A source told Reuters that to their knowledge no agreement has been reached. |
| 0:55.0 | Talks are focused on United possibly buying more A321 Neo Plains as well as its delayed A350 order. |
| 1:02.0 | A321 Neo is now the most in-demand plane and a deal will |
| 1:06.7 | depend on its availability. Airbus has yet to deliver its larger A350 airplanes to the airline despite bagging the orders as far back as 2010 |
| 1:16.8 | due to a review of the United Continental Airlines merger. |
| 1:20.4 | The orders have been pushed to around 2030. |
| 1:23.0 | United has 107 aircraft due for delivery this year, of which 31 are max-nines. |
| 1:30.0 | The company's CFO warned on an earnings call that it's unrealistic to believe that all of those |
| 1:35.3 | aircraft will deliver as planned. The airline also has 277 max tens on order through the remainder of the decade. |
| 1:43.7 | The CFO says United is reworking its fleet plan |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.