Delta Air Lines Orders 100 Boeing 737 MAX 10 Planes (~$13.5B)- $BA $DAL $DIA

Published Jul 21, 2022
Boeing
Technology & Beyond

By John F. Heerdink, Jr.

Reportedly, Delta Air Lines is to buy 100 Boeing (BA) 737 MAX 10 jets worth about $13.5 billion at list prices with options to buy another 30. The U.S. carrier Delta, which made the announcement at the Farnborough Airshow, informed us it would start taking MAX 10 deliveries in 2025. Delta previously was the only major U.S. airline without a MAX in its fleet or on order.

“This is a huge testament to the value of the MAX. What an endorsement from a world-class airline,” stated Boeing senior vice president of commercial sales and marketing Ihssane Mounir at a signing event.

Boeing’s Commercial Airplanes CEO Stan Deal informed that Boeing has had “strong demand” for the MAX since the ungrounding with over 1,000 gross orders and 1.7 million flight hours. Delta’s Boeing 737 fleet will expand to more than 300 total aircraft with the new order and will be its second-largest fleet family behind the Airbus A320.

Delta had extensive discussions with Boeing before it agreed to the deal, “It took us a long time to get here. This is really the airplane that we would want and we would hope that Boeing can get the extension that they need for the certification,” stated Delta senior vice president Mahendra Nair.

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.

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