Business Standard

Wednesday, January 08, 2025 | 05:50 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Delta may order 100 Boeing 737 jets

Image

Bloomberg Atlanta

Delta Air Lines Inc plans to order 100 Boeing Co 737 single-aisle jets, a deal with a list value of about $8.58 billion and a rebuff to Airbus SAS, two people familiar with the matter said. The purchase would be for 737-900 extended range jets, which carry about 200 passengers, and the Atlanta-based airline’s board will vote on the matter later this week, said one of the people, who wasn’t authorised to speak publicly.

Winning Delta’s business is a boost for Chicago-based Boeing, which lost its exclusive relationship with American Airlines last month as that carrier split an order between the US plane maker and Toulouse, France-based Airbus. Delta had also been an all-Boeing customer until its 2008 purchase of Northwest Airlines added hundreds of Airbus planes to its fleet.

 

Delta will use the new jets to replace its oldest and least-efficient planes, including some Boeing 757s that are 18 years old on average and MD-88s that are almost 21 years old. The 737-900ER has a list price of $85.8 million, according to Boeing’s website. Airlines typically buy at a discount.

Delta doesn’t comment on its plans for aircraft purchases, said Trebor Banstetter, a spokesman. John Dern, a Boeing spokesman, and Airbus’s Martin Fendt declined to comment.

SHARES ADVANCE
Boeing rose $1.68, or 2.9 per cent, to $59.22 at 9.52 am in New York Stock Exchange composite trading, while Delta gained 42 cents, or 5.8 per cent, to $7.63. Airbus parent European Aeronautic Defence & Space Co added 56 cents, or 2.7 per cent, to ¤21.33 in Paris.

Delta had said in January that it planned to buy 100 to 200 narrow-body jets and seek options for 200 more, with deliveries starting as soon as 2013.

Airbus had been offering its 185-seat A321 against the 737-900, one of the people said.

Sharklets, or special wingtips, are now an option on Airbus planes in the A320 jet family to increase range, making the aircraft a better substitute for y many US airlines on transcontinental routes. Boeing built the last 757 in 2004.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 23 2011 | 12:56 AM IST

Explore News