United Airlines Holdings Inc. (UAL) Settles on GEnx engines for New 787 Dreamliners, Brazil Okays $100M Azul Investment

Group 1 - United Airlines Holdings Inc. has selected 300 GEnx engines to power its new 787 Dreamliners, which will increase its fleet of GEnx-powered aircraft to over 200 [1][2] - The agreement positions United Airlines as the largest GEnx operator globally, utilizing advanced materials and technologies for enhanced durability and performance [2] - The Brazilian competition authority has approved United Airlines' planned $100 million investment in Azul S.A., which is currently in bankruptcy proceedings [3][4] Group 2 - The $100 million investment will increase United Airlines' stake in Azul from 2% to 8%, aiming to leverage Azul's domestic presence in Brazil [4] - United Airlines operates a comprehensive network for passenger and cargo transportation across six continents, focusing on air travel and logistics [5]