Delta defers New Jets

Travelin' Man · 01-17-2002, 05:41 PM

Delta, the nation's third-largest airline, said it would take delivery of 13 new aircraft over this year and 2003, but would defer delivery of 39 aircraft out of 52 planned deliveries over that time. Deliveries of deferred aircraft have been moved to 2004 and beyond.
The airline also said it plans to accelerate retirement of its entire fleet of 50 Boeing(NYSE:BA) 727 aircraft from early 2005 to late 2003.
Most U.S. airlines have reduced capacity by deferring orders and parking older planes as they struggle to match fleets to the weaker demand for travel.
Delta, which buys jetliners exclusively from Boeing Co.(NYSE:BA), took delivery of 38 Boeing aircraft in 2001, including 27 narrowbody 737 aircraft. The airline has firm orders for another 74 Boeing jets, including 65 737 aircraft.
Delta shares were down 69 cents, or 2.32 percent, to $29.01 during Thursday afternoon trading on the New York Stock Exchange.

Travelin' Man · 01-17-2002, 05:42 PM

Maybe this time Hookerman and that other guy will let all of know ahead of time when the last Delta 727 flight will be next year, and all the DAC members can book a seat!

Or, perhaps we should let Delta retire the 727 with dignity!

hernan · 01-17-2002, 08:13 PM

Meanwhile would you explain how they are going to retire the entire 727 aircraft fleet 'BETWEEN EARLY 2005 and LATE 2003?

Travelin' Man · 01-17-2002, 08:19 PM

Quote:

Originally posted by hernan
Meanwhile would you explain how they are going to retire the entire 727 aircraft fleet 'BETWEEN EARLY 2005 and LATE 2003?

It is an accounting trick that only CPA's understand.

hernan · 01-17-2002, 08:24 PM

Yeah right!

hernan · 01-17-2002, 08:25 PM

At least Delta is in better shape than american[I think].

ZX1100F1 · 01-17-2002, 09:27 PM

Ya but DAL and AA have better looking planes than SWA!

IFTNFS · 01-18-2002, 01:57 AM

I think they meant that Delta had planned on retiring the 727s by 2005, but instead will do it by 2003.

And as far as I know, Southwest's planes can see just as well as Delta's and American's. (That is what you meant, right Dave?)

Rick

01-17-2002, 05:41 PM	#1
Travelin' Man Insane Collector Join Date: May 2000 Location: Aspen USA!!! Posts: 1,919	Delta defers New Jets Delta, the nation's third-largest airline, said it would take delivery of 13 new aircraft over this year and 2003, but would defer delivery of 39 aircraft out of 52 planned deliveries over that time. Deliveries of deferred aircraft have been moved to 2004 and beyond. The airline also said it plans to accelerate retirement of its entire fleet of 50 Boeing(NYSE:BA) 727 aircraft from early 2005 to late 2003. Most U.S. airlines have reduced capacity by deferring orders and parking older planes as they struggle to match fleets to the weaker demand for travel. Delta, which buys jetliners exclusively from Boeing Co.(NYSE:BA), took delivery of 38 Boeing aircraft in 2001, including 27 narrowbody 737 aircraft. The airline has firm orders for another 74 Boeing jets, including 65 737 aircraft. Delta shares were down 69 cents, or 2.32 percent, to $29.01 during Thursday afternoon trading on the New York Stock Exchange.

01-17-2002, 08:13 PM	#3
hernan Senior Collector Join Date: Mar 2001 Location: CAROLINA,PUERTO RICO Age: 42 Posts: 426	Meanwhile would you explain how they are going to retire the entire 727 aircraft fleet 'BETWEEN EARLY 2005 and LATE 2003? __________________ FLY SOUTHWEST. THE ONLY WAY TO FLY ! COLLECT STAR JETS. THE BEST MODELS!

01-17-2002, 08:24 PM	#5
hernan Senior Collector Join Date: Mar 2001 Location: CAROLINA,PUERTO RICO Age: 42 Posts: 426	Yeah right! __________________ FLY SOUTHWEST. THE ONLY WAY TO FLY ! COLLECT STAR JETS. THE BEST MODELS!

01-17-2002, 08:25 PM	#6
hernan Senior Collector Join Date: Mar 2001 Location: CAROLINA,PUERTO RICO Age: 42 Posts: 426	At least Delta is in better shape than american[I think]. __________________ FLY SOUTHWEST. THE ONLY WAY TO FLY ! COLLECT STAR JETS. THE BEST MODELS!

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01-17-2002, 05:42 PM	#2
Travelin' Man Insane Collector Join Date: May 2000 Location: Aspen USA!!! Posts: 1,919	Maybe this time Hookerman and that other guy will let all of know ahead of time when the last Delta 727 flight will be next year, and all the DAC members can book a seat! Or, perhaps we should let Delta retire the 727 with dignity!

01-17-2002, 09:27 PM	#7
ZX1100F1 Buford T. Justice Join Date: Sep 1999 Posts: 2,004	Ya but DAL and AA have better looking planes than SWA!

01-18-2002, 01:57 AM	#8
IFTNFS Senior Collector Join Date: Jul 2000 Location: Harwich, MA, USA Age: 27 Posts: 427	I think they meant that Delta had planned on retiring the 727s by 2005, but instead will do it by 2003. And as far as I know, Southwest's planes can see just as well as Delta's and American's. (That is what you meant, right Dave?) Rick