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United Airways (NASDAQ:UAL) is going through delays in upgrading the interiors of its older single-aisle planes due to difficulties in getting components, CNBC reported.
The service had deliberate to retrofit 100 of its passenger planes by the top of the yr, however lower that quantity to 60, a United (UAL) spokesperson instructed the cable information channel. The retrofitting consists of roomier premium cabins, flat-screen shows seats and Bluetooth wi-fi connections, amongst different facilities.
“The truth is the provision challenges throughout the board whether or not it’s methods, chips, seats and plenty of different issues are simply more difficult than they’ve ever been in our enterprise,” Andrew Nocella, chief industrial officer at United (UAL), final week mentioned throughout the firm’s earnings name with analysts.
He additionally mentioned the service will work to hurry up the upgrades with a number of manufacturing traces this summer time.
United (UAL) launched the brand new cabins in two years in the past after ordering 270 narrow-body planes from Boeing (BA) and Airbus (OTCPK:EADSF) (OTCPK:EADSY).
United’s (UAL) inventory has declined 16% prior to now 12 months, in contrast with a lower than 1% slide for the Normal & Poor’s 500 inventory index (SP500).
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