• United Airlines signed a purchase and leaseback arrangement with SMBC Aviation Capital.
• 20 Boeing 737 MAXs will arrive by the end of 2026.
• Previous agreements include lease of 20 Airbus A321neo aircraft and purchase of 20 Boeing 737 MAX 8 jets.

This deal may indicate United Airlines' continued focus on modernizing its fleet with fuel-efficient aircraft. The purchase and leaseback arrangement could also help the airline generate funds for other business areas, potentially supporting its long-term growth strategy. However, the timing of the deal, with deliveries expected by the end of 2026, may be influenced by the ongoing challenges faced by the airline industry, such as supply chain disruptions and changing passenger demand.