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United Buys 50 New Planes
Tuesday, December 8, 12:05 PM ET

United Airlines (UAUA) announced today it had ordered 50 new wide-body planes from Boeing (NYSE:BA) and Airbus.

United will buy 25 of Boeing's delayed 787 Dreamliner, as well as 25 Airbus A350-XWBs, which are also still in development.

United will take delivery on the aircraft from 2016 to 2019.

United said it also has the option to purchase 50 more of each plane from Boeing and Airbus.

United shares are trading up over two percent on Tuesday morning.

For MarketNewsVideo.com, I'm Angela Salvucci.

United Buys 50 New Planes picture
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