Boeing signed in Farnborough sale agreement for 100 airplanes

On July 18th on international air show in Britain city Farnborough American aerospace company Boeing signed with American airline company Delta Air agreement for selling 100 passenger airplanes B-737-10 MAX. Agreement supposes deliveries on the amount of about $13.5 billion with opportunity of additional acquisition of 30 more such aircrafts.

“737-10 will become important supplement of our air fleet while we are striving to more eco-friendly air transport, improvement of passenger service and more energy efficiency”, – marked Delta CEO Ed Bastia. Deliveries of the new airplanes should start in 2025. Air fleet of Delta Air counts about 850 airplanes. Delta Air explained that new aircrafts consume by 20-30% less fuel than elder models that will be replaced.

This agreement became first big contract between Boeing and Delta for the last few years – before this agreement airline company ordered Boeing airplanes back in 2017. After announcement about transaction Boeing stocks increased in price by 3%, Delta stocks – by 5%