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Delta has agreed to buy $25 billion worth of Airbus jets (DAL)

Delta and Airbus agreed to an order for 100 A321neo jets along with an option for an additional 100 A321neos.

  • Delta Air Lines has agreed to a firm order for 100 Airbus A321neo jets.
  • The airline also agreed to an option for an additional 100 A321neos.
  • The total value of the 200 aircraft is $25.4 billion at list prices.

Delta Air Lines announced a firm order for 100 Airbus A321neo airliners on Thursday with a list value of $12.7 billion. (Neo stands for new engine option.)

The Atlanta-based carrier also agreed to an option for 100 addition A321neo jets. Including options, the deal could potentially be worth up to $25.4 billion.

However, it is an industry norm for airlines to receive major discounts on bulk orders such as the one placed by Delta.

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Delta also announced that Connecticut-based Pratt & Whitney's ultra-fuel-efficient next-generation geared-turbofan engine will power the 100 planes.

andand

Boeing's 737-MAX10 was also believed to be under consideration. But, a recent trade dispute triggered by a complaint filed by Boeing concerning Delta's order for 75 Bombardier C Series jets has soured the relationship between airline and airplane maker.

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