Boeing Co. and Embraer SA won orders valued at $2.3 billion from United Airlines in a boost to an alliance the two planemakers announced earlier this month.
United Continental Holdings Inc. will buy 25 Embraer E-175 planes and four Boeing 787-9 Dreamliners, it said in a statement Monday. At list prices, the Embraer jets are worth about $1.2 billion in total, while the widebodies are worth $1.1 billion excluding customary discounts. Deliveries are set to start in the next two years.
Boeing formed a $4.75 billion venture with long-time industrial partner Embraer earlier this month, primarily aimed at the market for smaller jetliners. That was after Airbus SE agreed to take control of the C Series—the advanced jetliner from Bombardier Inc. Boeing and Embraer have said they plan to form a second joint venture to develop new markets for defense products and applications that bolster the Brazilian company’s military portfolio, including its KC-390 cargo aircraft.
The Chicago-based airline operates about 757 planes, while its regional brand United Express has 551 aircraft in its fleet.