UPDATE 1-Delta absorbs Latam order for 10 Airbus A350 jets [Reuters]
Delta Air Lines, Inc. (DAL)
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Source: Reuters
UPDATE 1-Delta absorbs Latam order for 10 Airbus A350 jets (Recasts with Latam confirmation) SAO PAULO/PARIS, April 14 (Reuters) - Delta Air Lines has taken over an order worth roughly $3 billion at list prices for 10 Airbus A350 jets from Latam Airlines Group, the Chilean carrier said. The deal, which Reuters reported earlier on Tuesday, firms up a planned switch first announced when the two carriers forged an alliance in 2019 and whose completion was partially disclosed in manufacturing data issued last week. Airbus said in monthly order data that Latam, South America’s largest airline group, had cancelled 10 A350 jets. It also announced an order for 10 A350 aircraft from a different buyer, but it was not identified and analysts said it was not immediately clear whether the items were linked. On Tuesday, Latam confirmed the switch. “Delta has now assumed the fleet commitments for 10 A350 aircraft, as part of the framework agreement announced in September last year,” a Latam spokesma
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DAL
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