Big Law

Delta Purchases 100 Boeing Max Planes

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

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

The new order is good 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.

The order is worth $13.5 billion at list prices but discounts are common, especially for large sales. Delta didn’t disclose how much it paid but said the sale wouldn’t change its latest capital expenditure forecast.

Read the source article at cnbc.com

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