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Stock impact report

Delta working with Airbus on order book after deferring A350 orders linked to Latam [Reuters]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Reuters
Delta working with Airbus on order book after deferring A350 orders linked to Latam SAO PAULO/PARIS (Reuters) - Delta Air Lines Inc ( DAL.N ) confirmed on Tuesday it had taken over an order for 10 Airbus ( AIR.PA ) A350 jets from Latam Airlines Group LTM.S, but said it had deferred several of the near-term deliveries and was working with Airbus on options across its entire order book. A Delta spokeswoman said the 10 A350 aircraft, which stem from Delta’s tie-up agreement with Chilean carrier Latam, would be delivered through 2025. The deal, which Reuters reported earlier on Tuesday, firms up a planned switch first announced when the two carriers forged their alliance in 2019 and whose completion was partially disclosed in manufacturing data issued last week. The formal transfer of the jet order, worth roughly $3 billion at list prices, coincides with Delta and other U.S. airlines negotiating government aid to help them meet their payroll costs while dealing with a drastic drop in Show less Read more
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