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Boeing beats Airbus to mega Delta order



It’s been a rough decade for Boeing, and especially for the 737 MAX, but now Delta has secured a massive order

At the Farnborough airshow, there’s been some bright news for the struggling US plane maker.

  • Order for 100 737-10 aircraft with option for 30 more 
  • Narrowbody jet provides world-class customer experience
  • Fuel-efficient planes help power Delta’s sustainability goals 

In what was the worst kept secret in the aviation industry in recent weeks, Boeing has now confirmed a massive new order from Delta Airlines, and it’s for the 737 MAX.

The deal is worth about 13 billion dollars, and Delta has the option to buy another 30.

Airbus has been circling Delta, trying to sell them more A220s. But in the end, Boeing won out, in positive news for the beleagured company.

Until now, Delta was the only US airline without a MAX in its fleet or on order.

The MAX was grounded for 20 months following two fatal crashes, and there was a time when aviation analysts expected the plane may never fly again. 

But now here we are with this massive new order.

ALSO – American Airlines is set to order more Boeing 737 MAX jets for its domestic fleet 

Delta is ordering the largest model in the MAX family, the 737-10, which will begin delivery in 2025. It will be powered by the next-generation LEAP-1B engines manufactured by CFM International, a company jointly owned by GE and Safran Aircraft Engines.

The aircraft will be 20%-30% more fuel efficient than the retiring Delta planes it will replace.

“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,”

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.” 

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Falling in love with stocks with Nick Quinn



On this week’s episode of Talk Ya Book, Chris Judd is joined by Spatium Capital’s Nick Quinn to discuss the why investors fall in love with stocks, when to sell and why three of his choices are performing strongly.

Proudly presented by Honan.

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Bank battering sees mess start to clean up



What will the future of the banking sector look like?

The once-mighty banking sector has taken a battering over the past month.

From two U.S. banks closing down, to one in Switzerland merging with its biggest rival, the sector has sent shockwaves throughout financial markets around the world.

And another European Bank could be following suit.

But, what will the future of the industry start to look like, once the mess has been cleaned up?

Founder and CEO of Umee, Brent Xu, joined us to discuss.

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Disney to axe 7,000 jobs



The Mouse House will deliver two rounds of layoffs

Disney has announced it will begin to axe 7,000 jobs, as it seeks to control costs and create a more “streamlined” business.

Several major divisions of the company, including Disney Entertainment, Disney Parks, Experiences and Products, and corporate, will be impacted.

Disney will begin notifying the first group of employees who are impacted by the workforce reductions over the next few days.

A second, larger round of job cuts will happen in April, with several thousand more staff reductions.

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