Sunday, March 6, 2011

Delta Air Lines (NYSE:DAL) Buying Jets

Delta Air Lines (NYSE:DAL) has announced that it will buy nine used MD-90 jets from JAL. Delta Air Lines (NYSE:DAL) Buying Jets The second largest US carrier Delta Air Lines (NYSE:DAL) announced that it will buy nine used MD-90 jets from Japan Airlines. The delivery is expected to start from January 2012 after upgrading them to match Delta Air Lines (NYSE:DAL) domestic fleet. The company has decided to replace its existing DC-9s. The MD-90s have twin-engines with 160 seats. Delta Air Lines (NYSE:DAL) could purchase as many as 50 used jets from JAL in the coming years. Vice president of Delta Air Lines (NYSE:DAL) fleet strategy Nat Pieper said, the MD-90 “is a cost-effective aircraft that helps us more efficiently maintain our flying levels as we retire regional jets and DC-9s. We’ll continue to look for opportunities to acquire used MD-90s in the future”.  Delta Air Lines (NYSE:DAL) stocks are currently standing at 9.91. Price History Last Price: 9.91 52 Week Low / High: 9.6 / 14.94 50 Day Moving Average: 11.89 6 Month Price Change %: -5.4% 12 Month Price Change %: -20.7%
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