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Boeing beats Airbus to mega Delta order

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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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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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