Delta Picks the Airbus A321neo Over Boeing's 737 MAX
In conjunction with its investor day last Thursday, Delta Air Lines (NYSE: DAL) announced its first order for next-generation single-aisle planes. The airline giant chose to order 100 Airbus (NASDAQOTH: EADSY) A321neos with an additional 100 options, spurning the competing Boeing (NYSE: BA) 737 MAX 10.
This outcome confirmed reports that had leaked out the day before but went against what many outsiders (including myself) had been expecting. The desperation of engine manufacturer Pratt & Whitney -- a unit of United Technologies (NYSE: UTX) -- appears to have been a critical factor behind Delta's decision.
Delta's new A321neos will complement its growing fleet of A321s. Image source: Delta Air Lines.
Source: Fool.com
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