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Old 06-03-2009 | 09:03 PM
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gettinbumped
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From: A320 Cap
Default UAL Ordering 150 Airplanes?

From the WSJ

(Reuters) - UAL Corp's (NasdaqGS:UAUA - News) United Airlines has asked Boeing Co (NYSE:BA - News) and Airbus (Paris:EAD.PA - News) to propose competing bids for up to 150 new airliners, the Wall Street Journal reported on its website.


The deal could be worth more than $10 billion for the two aircraft makers, the paper said.

By asking for competing bids, UAL Corp is hoping to obtain better terms than might otherwise be available, the paper said, citing people familiar with the situation.

(Reporting by Ajay Kamalakaran in Bangalore; Editing by Muralikumar Anantharaman)
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