Delta Reaches Comprehensive Agreement with Boeing Dec 07, 2006 12:08 PM
Delta Air Lines announced Thursday that it has reached agreement with Boeing to convert five firm orders for Boeing 777-200ER aircraft to longer-range Boeing 777-200LR aircraft, to order 10 Boeing 737-700 aircraft, and to assume its existing aircraft purchase agreements with Boeing.
Delta said it has agreed to sell, immediately upon delivery, 38 future deliveries of Boeing 737-800 aircraft - 15 to Aviation Capital Group and 23 to Babcock & Brown Aviation Finance Limited. These actions support Delta's planned international expansion, give it additional flexibility to fly new routes, and complete an important element of its restructuring. These transactions are subject to bankruptcy court approval, the carrier said.
Delta Air Lines announced Thursday that it has reached agreement with Boeing to convert five firm orders for Boeing 777-200ER aircraft to longer-range Boeing 777-200LR aircraft, to order 10 Boeing 737-700 aircraft, and to assume its existing aircraft purchase agreements with Boeing.
