Delta Airlines Inc. (DAL)

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S&P 500

$ 63.34
   
  • Change Today:
    $-0.30
  • 52 Week High: $65.05
  • 52 Week Low: $35.84
  • Currency: US Dollars
  • Shares Issued: 643.45m
  • Volume: 9,931,515
  • Market Cap: $40,756m
  • RiskGrade: 208
  • Beta: 1.27

Boeing wins $13bn Delta orders for MAX jets

By Frank Prenesti

Date: Monday 18 Jul 2022

LONDON (ShareCast) - (Sharecast News) - US plane maker Boeing said it had won a $13.5bn order for 100 of its 737-MAX planes from Delta Airlines in a boost for the aerospace giant after the model was grounded as a result of two deadly crashes in 2018 and 2019.
It is the first ever MAX order from the American airline, which has also taken out options for 30 more of the fuel-efficient planes. If Delta firms up the extra aircraft, it would raise the value of the deal to about $17.6bn before discounts.

In a separate statement at the UK's Farnborough air show, Boeing said Japanese airline ANA had agreed to buy 20 of its smaller MAX 8 jets - worth $2.4bn - plus two 777-8 freight planes.

"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," said Delta chief executive Ed Bastian.

The 737 Max 10 jet, powered by CFM International's Leap-1B engines, will be 20% - 30% more fuel efficient than the retiring planes it will replace at Delta, the airline said, adding that it would start taking delivery of the first jets in 2025.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DAL Market Data

Currency US Dollars
Share Price $ 63.34
Change Today $ -0.30
% Change -0.47 %
52 Week High $65.05
52 Week Low $35.84
Volume 9,931,515
Shares Issued 643.45m
Market Cap $40,756m
Beta 1.27
RiskGrade 208

What The Brokers Say

Strong Buy 8
Buy 12
Neutral 0
Sell 0
Strong Sell 0
Total 20
buy
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Trades for 21-Nov-2024

Time Volume / Share Price
15:59 100 @ $63.35
15:59 200 @ $63.35
15:59 400 @ $63.35
15:59 100 @ $63.30
15:59 100 @ $63.30

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