Saturday, 27 August 2011

Delta Air Lines Announces Plans to Buy 100 Planes

Delta Air Lines has now put all rumors to rest in regard to its plans to buy 100 Boeing 737 jets. Apparently, the airline has confirmed this rumor as true. The company went on to state that it is buying these jets as part of its fleet upgrade and will be taking delivery of these planes between the years of 2013 and 2018.

The order itself was finally confirmed on Thursday. It is said to be worth more than $8.5 billion at list price. However, it is important to note that Delta Air Lines probably got a discount for buying so many planes. It is a very common practice for airlines to get discounts off the list price when buying in bulk.

These newer planes offer a lot more perks for travelers over the ones that Delta Air Lines is currently using. For example, the cabins are a lot roomier. There is also less engine noise and more room in the overhead bins. However, the biggest improvement for the airline is the fact that these planes are far more fuel-efficient. This means that the airline will save money on fueling costs.

Delta Air Lines, which is actually based in Atlanta, Georgia, said in January that it was considering the possibility of ordering up to 200 jets. On top of this, it would have the option to buy 200 more. The airline said that the timing of its delivery would be announced later this year, and it would still keep the airline’s capital spending plan on target for this year.

With this new upgrade, Delta believes that it will save about 15 to 20 percent in fuel and maintenance costs. It is now more than halfway through a three-year, $2 billion plan to upgrade its fleet.

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