http://mobile.reuters.com/article/idUSKBN14H00N
Delta Air Lines Inc (DAL.N) said on Tuesday that in agreement with Boeing
Co (BA.N) it would cancel an order for 18 787 Dreamliner aircraft, which
it assumed as a part of its merger with Northwest Airlines.
The order is valued at more than $4 billion at current list prices. Delta,
in its statement, did not disclose specific terms of the agreement.
(
bit.ly/2ibCr6f)
The airline, which acquired Northwest in 2008 for $2.6 billion in shares,
said it would continue to take delivery of 737-900ER aircraft through
2019.
Delta declined to comment beyond its statement.
The cancellation comes as Delta and other top U.S. airlines seek to slow
flight capacity growth and in some instances shrink existing service in
response to falling airfares.
Airlines like Norwegian Air Shuttle ASA (NWC.OL) from outside the United
States are adding flights that Delta says have exceeded passenger demand
and hurt unit revenue.
Delta has 25 widebody aircraft from Airbus Group SE (
AIR.PA), the A350,
already slated for delivery that will add to its flight capacity this
decade. Delta said earlier this year that it would defer the delivery of
four A350s by a year or two from 2018 to make the schedule "more
consistent with (the) expected pace of international market improvement."
--
Donald J. Trump, 304 electoral votes to 227, defeated compulsive liar in
denial Hillary Rodham Clinton on December 19th, 2016. The clown car
parade of the democrat party has run out of gas.
ObamaCare is a total 100% failure and no lie that can be put forth by its
supporters can dispute that.
Obama jobs, the result of ObamaCare. 12-15 working hours a week at minimum
wage, no benefits and the primary revenue stream for ObamaCare. It can't
be funded with money people don't have, yet liberals lie about how great
it is.
His Omnipotence Barack Hussein Obama, declared himself "Pooptator" of all
mentally ill homosexuals and crossdressers, while declaring where they
will defecate.
Obama increased total debt from $10 trillion to $20 trillion in the eight
years he has been in office, and sold out heterosexuals for Hollywood
queer liberal democrat donors.
Loretta Fuddy, killed after she "verified" Obama's phony birth
certificate.