Delta To Procure 40 Airbus

Delta Airlines has announced the purchased of 40 Airbus expected to be delivered between 2015 and 2017. The deal, which consists of 10 wide body A330-300 and 30 large domestic narrow body A321 jets, is the latest step in Delta’s prudent fleet renewal to enhance profitability.

Delta’s chief executive officer said, “This Airbus agreement is another opportunistic fleet transaction for Delta in which we acquire economically efficient, proven-technology aircraft,” said Richard Anderson, .

“These A330s and A321s will provide tremendous flexibility for Delta to optimally manage our capacity over the next five years while further improving the flight experience for our customers and returns for our shareholders.

“Disciplined capital deployment is a cornerstone of Delta’s comprehensive financial plan,” said Paul Jacobson, Delta’s chief financial officer.

“These Airbus aircraft will generate free cash flow and improve our return on invested capital from the time they enter service,” he added.

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