Delta Air Lines, Inc. (NYSE:DAL) Order 40 New Jets


Dallas, Texas 12/04/2013 (Financialstrend) – Delta Air Lines, Inc. (NYSE:DAL) it appears is all set to add new jets to its present fleet.

It was recently seen to have increased the overall capacity it holds for the seats it can fly. Called as the Available Seat Miles, the company was found to have moved it by over 2.6% this year alone, accounting for nearly 63.9billion.

Orders new Airbus jets

In a move that has got the industry as well as investors interested, Delta Air Lines, Inc.  announced that it has placed an order with Airbus for 40 new jets costing nearly $6 billion.

The orders are to be fulfilled by Airbus by 2015.

Delta intends these 40 new jets for both its domestic flyers as well as international clientele.

 Current fleet includes 158 Airbus jets and the new set of 40 EADs will move the tally to 198 jets, projecting an increase of nearly 24%.

Deals with Virgin Atlantic Airways

Delta Air Lines, Inc. (NYSE:DAL) is expected to grow its income with a set of new deals it has just brokered with Virgin Atlantic Airways. The new deal includes buying over 49% of Virgin Atlantic’s stake priced at $360million.

The deal has been endorsed by Department of Transportation in late September this year.

The new deal will now allow Delta to offer expansive services to New York by routing traffic through London. The company is also expected to work with Virgin to operate over 32 flights between the two continents. There will be more than 6.3 million flyers by October 2013.

Delta Air Lines, Inc. (NYSE:DAL) is poised for growth, with more features to be included like wi-fi services on the long flights. It also expects to see over 6.7% growth in the third-quarter. The increase in the international passengers will mean higher profits and revenues for Delta.