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Boeing In Talks With Delta Regarding ‘Landmark’ Max Order

by Mike Robinson

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Investing.com — Boeing Co (NYSE:) is moving closer towards a “landmark” deal that would see Delta Air Lines Inc (NYSE:) order up to 100 of its 737 MAX 10 jets, Reuters reported on Friday.

According to reports, this deal will be Delta’s first order for Boeing’s “best-selling single aisle airplane family” and would also mark the first significant order by Delta to Boeing in approximately 10 years. 

Boeing shares trade 1% higher on Friday and Delta rises 1.6%

According to reports, Delta considered the 737 Max last September as it reshaped its fleet.

Reuters reported that sources claimed Boeing and Delta were working together to finalize details for a 100-aircraft order, many of which would be for the 737 MAX10. An announcement may be made as soon as next month if the two companies reach a settlement.

Delta and Boeing rival Airbus signed a memorandum to understand on Thursday. This agreement will allow them to work together in developing and researching a hydrogen powered aircraft. 

 

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