Boeing (BA) on Watch Following Large Airbus Order from Delta (DAL)
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Delta Air (DAL) Reports ~$5.6B Airbus Order for A330s, A321s
September 4, 2013 9:22 AM EDTDelta Air Lines (NYSE: DAL) announced plans to purchase 40 Airbus aircraft for delivery between 2015 and 2017. The order, which comprises 10 international widebody A330-300 and 30 large domestic narrowbody A321 jets, is the latest step in Delta's prudent fleet renewal to enhance profitability while diligently managing capacity.
"This Airbus agreement is another opportunistic fleet transaction for Delta in which we acquire economically efficient, proven-technology aircraft," said Richard Anderson, Delta's chief executive officer. "These A330s and A321s will provide tremendous flexibility for Delta to optimally manage our capacity over the next five years... More
