Delta Air Lines today announced plans to purchase 40 Airbus aircraft for delivery between 2015 and 2017. The order, which comprises 10 international widebody A330-300 and 30 large domestic narrowbody A321 jets, is the latest step in Delta’s prudent fleet renewal to enhance profitability while diligently managing capacity.
“This Airbus agreement is another opportunistic fleet transaction for Delta in which we acquire economically efficient, proven-technology aircraft,” said Richard Anderson, Delta’s chief executive officer. “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.”