STOCK TITAN

Delta Air Lines to Modernize Single-Aisle Fleet with Up to 130 Boeing 737 MAX Jets

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Boeing and Delta Air Lines announced a significant modernization of Delta's single-aisle fleet with an order of 100 Boeing 737-10 jets and options for an additional 30. This move aims to enhance efficiency and align with Delta's sustainability goals. The 737-10 is expected to improve fuel efficiency and reduce emissions by 20-30% compared to older models. Delta plans to reconfigure 29 of its existing 737-900ERs for operational readiness by summer 2025. This partnership reflects both companies' commitment to innovation and sustainability in the aviation industry.

Positive
  • Delta orders 100 Boeing 737-10 jets, enhancing fleet efficiency.
  • The 737-10 reduces fuel use and emissions by 20-30%.
  • Delta's modernization strategy aligns with long-term sustainability goals.
  • Boeing's 737 MAX family is recognized for its fuel efficiency.
Negative
  • None.

FARNBOROUGH, UK, July 18, 2022  /PRNewswire/ -- Boeing [NYSE: BA] and Delta Air Lines [NYSE: DAL] today announced the U.S. carrier will modernize its single-aisle fleet with the highly efficient 737 MAX to meet demand as well as its long-term sustainability goals. In a signing ceremony at the Farnborough International Airshow, the companies said Delta is ordering 100 737-10 jets – selecting the largest member of the 737 MAX family – with options for an additional 30 airplanes.

"The Boeing 737-10 will be an important addition to Delta's fleet as we shape a more sustainable future for air travel, with an elevated customer experience, improved fuel efficiency and best-in-class performance," said Ed Bastian, Delta's chief executive officer. "These new aircraft provide superior operating economics and network flexibility, and the agreement reflects our prudent approach to deploying our capital."

Most importantly, Bastian said, "This aircraft will be piloted, served and maintained by the very best professionals in the business, and it's their hard work and dedication to our customers that always sets us apart."

The 737-10 will provide Delta Air Lines with the best per-seat economics of any single-aisle Boeing model, reducing fuel use and emissions by 20-30 percent compared to the airplanes it replaces. The jet can cover 99% of single-aisle routes around the world, seating up to 230 passengers with a maximum range of 3,300 nautical miles.

"We are proud that Delta Air Lines, is renewing its single-aisle fleet with the 737 MAX, the industry's most fuel-efficient family of airplanes," said Stan Deal, president and CEO of Boeing Commercial Airplanes. "Built in our factory in Washington state with support from key suppliers across the US, the 737-10 will provide Delta Air Lines with the best economics to carry more passengers across its short and medium-haul routes."

As part of today's announcement, Delta Air Lines has also contracted with Boeing Global Services for a full interior reconfiguration of 29 Next Generation 737-900ERs in its fleet. This will support having these airplanes ready to enter Delta Air Lines 2025 summer schedule with fully refreshed interiors.

One of the world's largest carriers, Atlanta-based Delta Air Lines operates a fleet of more than 850 mainline aircraft, including more than 450 Boeing 717s, 737s, 757s and 767s.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.

Contact
Dan Mosely
International Sales Communications
Boeing Commercial Airplanes
+1 425-336-9970
daniel.mosely@boeing.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/delta-air-lines-to-modernize-single-aisle-fleet-with-up-to-130-boeing-737-max-jets-301588048.html

SOURCE Boeing

FAQ

What is Delta Air Lines' recent order with Boeing?

Delta Air Lines has ordered 100 Boeing 737-10 jets with options for 30 more to modernize its fleet.

When was the order for Boeing 737-10 jets announced?

The order was announced on July 18, 2022, during the Farnborough International Airshow.

How does the Boeing 737-10 improve fuel efficiency?

The 737-10 is designed to reduce fuel use and emissions by 20-30% compared to older aircraft.

What is the significance of the Boeing 737-10 for Delta Air Lines?

The 737-10 will provide Delta the best per-seat economics of any single-aisle Boeing model, enhancing operational efficiency.

What additional service has Delta contracted with Boeing?

Delta has contracted Boeing Global Services for a full interior reconfiguration of 29 Next Generation 737-900ERs.

Boeing Company

NYSE:BA

BA Rankings

BA Latest News

BA Stock Data

134.29B
747.31M
0.1%
55.72%
3.01%
Aerospace & Defense
Aircraft
Link
United States of America
ARLINGTON