Delta Air Lines revealed on Thursday, April 22, that it placed an order for 25 Airbus A321 jets. The carrier also has an option to buy additional 25 more units later on.
Delta Air Line’s new orders of jets
With its latest purchase, it was said that Delta Air Lines just expanded its total orders for the said plane model to 125, and this could balloon to 150 if the carrier uses its option to buy additional 25 units.
“Adding these new efficient narrow-body jets to our fleet means more career opportunities for our pilots and more capacity to grow our network during the recovery, solidifying our leadership position as more customers return to fly with Delta,” Delta’s senior vice president and chief of operations, John Laughter, wrote in a memo addressed to pilots and was seen by CNBC.
Delta Air Lines is not alone in its move to buy new planes after enduring almost a year-long slump due to the outset of the COVID-19 pandemic. Other airlines are also placing new orders to expand their fleets despite the reported collective loss of American carriers of at least $35 billion last year. United Airlines and Alaska Airlines have all purchased new Boeing 737 Max jets, while Southwest Airlines is also planning to do so.
Recovery in the travel business
The move to buy new planes is a sure sign that the travel industry is on a rebound now after flights were halted last year.
In fact, Delta Air Lines and other carriers have been receiving many bookings since last month, and this even prompted some airlines to hire more pilots and crews. They could not accommodate all the flights, so they have started hiring and training staff again.
For Delta, it is getting more domestic flights, and they are not for business but for leisure. This is understandable as prolonged confinement in homes due to the lockdowns have made people wanting to escape somewhere, even for a while, to unwind and see new scenery.
“With our customers ready to reclaim the joy of travel, this agreement positions Delta for growth while accounting for the planned retirements of older narrowbody aircraft in our fleet, addresses our carbon footprint, increases efficiency and elevates the customer experience,” Mahendra Nair, Delta Air Line’s fleet and TechOps supply chain senior vice president, said in a press release.
Finally, Delta is expecting to receive the first batch of Airbus A321neos delivery within the first half of 2022.


U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets
White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates
U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge
Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions
U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20
Italy's Bond Market Under Pressure as Middle East Conflict Exposes Economic Fragility
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns
OpenAI Addresses Security Vulnerability in macOS App Certification Process
BHP's Incoming CEO Visits China Amid Pricing Dispute with CMRG
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy
Meta Is Building an AI Version of Mark Zuckerberg to Interact With Employees
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict 



