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Delta buys 100 Max planes in first big Boeing order in over a decade

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Delta Air Lines planes at John F. Kennedy Airport in Latest York.

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Delta Air Lines is buying 100 Boeing 737 Max 10 planes, its first major order for brand new aircraft from the U.S. manufacturer in greater than a decade.

The deal has options for 30 more of the planes. Deliveries are slated to start in 2025.

The brand new order is nice news for Boeing as Airbus recently won high-profile sales, including to several of China’s state-owned airlines. Boeing lamented trade tensions when that order was announced.

Delta said Monday that the order will modernize its narrow-body fleet because the carrier seeks to capitalize on a rebound in travel following the record slump attributable to the Covid pandemic. It said the Max planes will probably be 20%-30% more fuel-efficient than the jetliners they’ll replace.

Atlanta-based Delta is the one one in all the highest 4 U.S. carriers that hasn’t ordered latest Boeing jets in recent times, favoring Airbus because it beefed up each its narrow-body and longer-range wide-body fleet. Delta retired older Boeing 777s in the course of the pandemic and has been taking more deliveries of Airbus A350 twin-aisle planes.

The 737 Max was grounded for not less than 18 months after the second of two fatal crashes in 2018 and 2019 together killed 346 people. The U.S. lifted the grounding in November 2020. Delta’s competitors over that period faced capability constraints because deliveries of recent Maxes were paused.

The Max 10 model is the biggest of the narrow-body Max family and doesn’t yet have government approval. Boeing hopes to win approval for the planes before the top of the 12 months. Regulation passed within the wake of the 2 crashes would require latest planes to be outfitted with a cockpit alert system.

Delta’s CEO, Ed Bastian, had previously hinted at an order for Max planes. When asked at a recent investor conference a few potential order of the narrow-body planes, Bastian said, “We have been attempting to get a deal done with Boeing on that … hopefully we’ll have the opportunity to figure that out.”

Delta will configure the plane with 182 seats: 129 in standard economy, 33 in Comfort+ with extra legroom and 20 in firstclass.

Boeing shares were up 4% in premarket trading, while Delta shares rose greater than 2%.

Most of Delta’s latest orders in recent times got here from Europe’s Airbus.

In 2017, Delta was in the midst of a trade dispute between Boeing and Canada’s Bombardier, the then-producer of C-Series narrow-body planes, which Delta ordered. Boeing alleged Bombardier was selling the planes below cost, a case it will definitely lost. Airbus later took over this system, renaming the planes the A220.

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