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Delta Air Lines Buys 100 Airbus Planes, a Loss for Boeing

(Leslie Josephs – CNBC)

Delta Air Lines on Thursday confirmed an order for 100 Airbus A321neo narrow-body jets, a major win for the European plane maker as one of the largest airlines revitalizes its fleet.

The airline has options for up to 100 additional jets, Delta said, ahead of its investor day presentation.

It is also a win for United Technologies unit Pratt & Whitney as the carrier had selected the engine maker to power its new planes.

“This is the right transaction at the right time for our customers, our employees and our shareholders,” said Delta CEO Ed Bastian. Click here to read more.

Related: Boeing Dealt Another Blow as Delta Air Lines Picks Airbus for ‘Generational’ 100-Jet Deal (Financial Post)