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Delta Air Traces (NYSE:DAL) expects deliveries of Boeing (BA) 737 MAX 10 plane it has ordered may very well be pushed out to as late as 2027, Bloomberg reported Sunday, because the planemaker faces rigorous critiques from federal aviation regulators after a sequence of incidents.
Delta (DAL) has orders for 100 MAX 10 planes value ~$13.5B at checklist costs, with choices to buy 30 extra, and had anticipated to start receiving the planes subsequent 12 months.
“We have been already anticipating if it got here in 2025, it could be late within the 12 months. My guess is will probably be one other 12 months or two past that,” CEO Ed Bastian mentioned of the MAX 10 within the interview with Bloomberg.
Delta (DAL) is “comfy” with protections it negotiated in opposition to doable delays in its contract to purchase the MAX 10, Bastian mentioned, noting “a number of points” with the 737 MAX “that must be addressed,” and it’s in ongoing discussions with Boeing (BA).
In the meantime, Delta (DAL) has been taking Airbus (OTCPK:EADSF) (OTCPK:EADSY) A321neo single-aisle planes, and “we’re more than happy with that plane,” Bastian mentioned.
Demand for journey throughout spring faculty breaks and summer season stays sturdy in each U.S. and worldwide markets, with Delta (DAL) having fun with among the strongest gross sales days in its historical past over the previous 10 weeks, Bastian additionally mentioned.
