Delta adds state-of-the-art Airbus A350-1000 to
widebody fleet
Staff Writer
·
Order
for 20 A350-1000s, with options for 20 more widebody aircraft
·
Aircraft
to provide world-class customer experience on long-haul routes and
international hubs
·
Fuel-efficient
planes will power sustainability goals
·
Deliveries
to begin in 2026
Delta
will add 20 new Airbus A350-1000 widebody aircraft as it continues to refresh
and streamline its fleet while improving fuel efficiency and providing a
world-class in-flight experience.
Delta
currently operates 28 A350-900s. Following today’s announcement, Delta has an
orderbook for 36 next-gen A350 aircraft, bringing the A350 fleet to over 60 by
the end of the decade.
“The
A350-1000 will be the largest, most capable aircraft in Delta’s fleet and is an
important step forward for our international expansion,” said Ed Bastian,
Delta’s Chief Executive Officer. “The aircraft complements our fleet and offers
an elevated customer experience, with more premium seats and best-in-class
amenities, as well as expanded cargo capabilities.”
The
aircraft will be powered by Rolls-Royce Trent XWB-97 engines, a more powerful
variant of the engine that operates on the A350-900. The aircraft are over 20%
more fuel efficient than retiring planes, supporting Delta’s long-term
sustainability goals.
“We
are thankful for Delta’s continued confidence in Airbus’ solutions to meet its
fleet needs,” said Christian Scherer, Chief Executive Officer of the Commercial
Aircraft business, Airbus. “Delta now welcomes the A350-1000, which will open
even more opportunities for the airline and its customers. We are proud that
our aircraft serve the entirety of Delta’s impressive global network as this
stellar airline takes fleet efficiency to the next level.”
Read More: https://news.delta.com/delta-adds-state-art-airbus-a350-1000-widebody-fleet
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1 Wall Street Analyst Thinks Delta Air Lines Stock Is
Going to $85. Is It a Buy?
Delta Air Lines (NYSE: DAL) stock has at least 76% upside potential
over the next 12 months or so, according to a Morgan Stanley analyst
who raised the company's stock price target from $75 to $85 recently while
retaining an "overweight" rating on the stock. It gets better; in
Morgan Stanley's "bull case" scenario, the stock could go to $110.
Delta stock currently trades around $42.
Is the price target realistic?
It's never a good idea to slavishly follow Wall Street analyst
estimates. All it will take is reports of a decline in air travel amid a global
economic slowdown, and analysts will rush to slash estimates -- a real
possibility in the highly cyclical airline industry.
That said, Delta Air Lines is a highly attractive stock. It's a
play on the ongoing recovery in the air travel industry. Its growing focus on the
premium customer is also transforming its profit potential.
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