United Continental in December dropped 12 orders for Airbus SAS single-aisle planes worth around $1.08 billion, the company said.
"We are continually evaluating our fleet needs and making adjustments to our order book as appropriate," said Christen David, a spokeswoman with United. As of Oct. 24, 2013, United had 152 A319s and A320s, according to the company's website.
Boeing 737-900ER, Extended Range Version of United Continental
Airbus did not immediately reply to an email seeking more details. On its website, the company lists the price of A319s at $85.8 million, and A320s at $93.9 million.
These planes are narrowbody passenger jetliners typically used for medium range flights. Shares of United, which has been investing in flight upgrades, airport modernization and other customer-friendly moves, closed at $46.45 Tuesday on the New York Stock Exchange. reuters