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Delta to buy 100 Boeing 737-900 jets

Aug. 25, 2011, New York – Delta Air Lines on Thursday confirmed its plan to buy 100 Boeing 737 jets as part of a fleet upgrade, with delivery set for 2013 to 2018.


August 25, 2011
By Associated Press

Aug. 25, 2011, New York – Delta Air Lines on Thursday confirmed its plan to buy
100 Boeing 737 jets as part of a fleet upgrade, with delivery set
for 2013 to 2018.

The order announced Thursday is valued at $8.5 billion at list
prices, although airlines commonly get discounts.

The 737-900 extended-range aircraft from Boeing Co. have a single
aisle and up to 180 seats when set up with economy and first class.
They have the range to fly on any of Delta's current domestic
routes. The 737-900 is the newest of Boeing's popular 737 model.

Delta Air Lines Inc., which is based in Atlanta, said in January
it was considering an order for as many as 200 jets _ possibly with
options for 200 more _ to replace the aging fleet it uses for
domestic flying. It said the timing of its delivery plan announced
Thursday will allow it to keep its capital spending plan on target
for this year. Keeping its costs under control is key to its goal of
reducing its debt over the next two years.

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The new planes will replace Delta workhorses such as the DC-9-50s
and Airbus A320s that it got when it bought Northwest Airlines in
2008, as well as Boeing 757-200s, which both airlines have operated.

The average age of Delta's planes is 16 years. It has some Boeing
planes that are less than two years old. But its DC-9s date back to
the 1970s. They are the oldest commercial passenger planes flown
today by a U.S. airline.

The purchase is good news for Chicago-based Boeing, which lost
its exclusive hold on American Airlines' fleet last month. The
airline, which is owned by AMR Corp., announced plans to split a
massive plane order between Boeing and rival Airbus. It was the
biggest plane order in history: 460 aircraft (260 planes from Airbus
and 200 from Boeing) with options to buy 465 more.