Source: courtesy of Delta Air Lines
Based on list prices, the order is worth $1.65 billion. Delta placed an order for 100 Boeing 737-900ER aircraft in August 2011 for delivery between 2013 and 2018. That order was worth about $8.5 billion at list prices.
Airbus is also competing with Boeing for an order from Delta for up to 50 wide-body jets to replace some of the airline’s 747s. Boeing’s 777 and 787 are competing with the Airbus A330 and A350 models for an order that could be worth $16 billion at list prices to Boeing and $12.3 billion to Airbus at list prices. Which aircraft maker wins this contract likely will depend on how much Boeing is willing to discount its $320 million 777-300ER. If Delta cannot get the price it wants, it has now demonstrated that the airline will buy Airbus planes.
Delta shares were up 1.1% just before noon on Monday, at $40.36 in a 52-week range of $16.94 to $40.69.
Boeing shares were down fractionally, at $135.20 in a 52-week range of $96.31 to $144.57.
ALSO READ: Boeing 737 Challenger Fails
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