Delta Planning to Place $8 Billion 737 Order

In what would be a dose of good news after a series of disappointing orders for Boeing, Delta appears to be leaning toward buying up to 100 737s to replace aging narrowbody planes in its fleet The Wall Street Journal reports.

Both Boeing and airbus have been courting Delta for the order which would be around $8 billion at list price. The articles indicates that the order will be for Boeing planes and will not be a split order as we have seen with other big orders, most notably American Airlines, over the last few months.

Delta has identified Boeing as the potential winner, and an announcement about an order—roughly $8.6 billion at list price—could come as early as later this week, said one person familiar with the matter. The news was reported earlier Monday by Bloomberg News. Airlines placing big orders rarely pay full price, but negotiate steep discounts.

The order has not been made official so it is not a foregone conclusion that Delta will only order from Boeing but all initial signs point to a pretty big order going to the American plane manufacturer and the world’s second largest commercial plane maker.

This entry was posted in 737, A320, AIRBUS, AIRLINES, BOEING, ORDERS/DELIVERIES, RUMBLINGS and tagged , , , . Bookmark the permalink.

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