TradeStation

Get Cash Back and $0 Commissions
+ The Power of TradeStation

Delta Selects Airbus A321neo for Narrowbody Fleet Renewal Agrees to firm order of 100 state-of-the-art A321neo aircraft with options of up to 100 additional jets; Delta TechOps to become Maintenance, Repair and Overhaul center for next-generation Pratt & Whitney geared-turbofan engines; Deliveries to begin in 2020 and will replace smaller, less technically advanced aircraft


[End Subhead]
[Start Distributor]
PR Newswire 14-Dec-2017 8:00 AM
[End Distributor]
ATLANTA, Dec. 14, 2017 /PRNewswire/ --Delta Air Lines (NYSE: DAL) and Airbus have agreed to terms for a 100 firm and 100 option order for state-of-the-art Airbus 321neo (new engine option) aircraft with deliveries beginning in 2020. The new jets, which will be powered by Pratt & Whitney geared-turbofan engines, will feature cutting-edge safety, efficiency and comfort.

"This is the right transaction at the right time for our customers, our employees and our shareholders," said Delta CEO Ed Bastian. "Delta, Airbus and Pratt & Whitney share the same commitment to safety, efficiency, innovation and continuously improving the customer experience. This order for the state-of-the-art A321neo with Pratt's Pure Power next-generation jet engines reflects our long-term commitment to these values for Delta people and all our constituents."
Airbus A321neo
Delta will configure the A321neo to a total of 197 seats including seating for 20 in First Class, 30 in Delta Comfort+ and 147 in the main cabin. On-demand inflight entertainment, fast satellite-based 2Ku in-flight Wi-Fi, power ports as well as streaming video content will be available at every seat through Delta Studio. The cabin will also feature expansive, 25-percent-larger bookshelf-style overhead bins and full spectrum LED cabin lighting.
Delta expects to take delivery of its first A321neo in the first quarter of 2020 with new aircraft arriving through 2023.
"The A321neo will equip Delta employees with a customer-preferred, versatile narrowbody aircraft befitting their position as a global airline leader and we are excited to continue to partner with them as they deliver industry-leading operational performance, customer satisfaction and financial results," said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft. "This purchase furthers our commitment to U.S. aviation a commitment that has never been stronger. Today, there is more U.S. content in Airbus aircraft than from any other country, with more than 40 percent of our aircraft-related procurement coming from the United States. In addition, our workforce at the U.S. Manufacturing Facility in Mobile, Alabama is proud that they will be delivering many of these A321neos to Delta in the coming years."
Pratt & Whitney engine MRO provider
Delta is also announcing a long-term commitment with Pratt & Whitney for Delta TechOps to be a major maintenance, repair and overhaul provider for the Pure Power PW1100G and PW1500G engines, powering Delta's A321neo and C Series aircraft. This latest generation family of Pratt & Whitney engines is a major factor in the 12 percent fuel efficiency improvement on a per seat basis Delta expects over classic A321 performance.
"Pratt & Whitney's commitment to complete over 5,000 engine repairs and overhauls at Delta TechOps is possible because of the high level of professionalism and quality MRO work the Delta TechOps team performs for the Delta fleet and to more than 150 additional airline and aviation customers based across the globe," said Delta COO Gil West. "Delta TechOps' position as an MRO industry leader and the largest in North America will be fortified even further with the addition of Pratt & Whitney engines to its extensive portfolio."
This commitment by Pratt & Whitney will drive significant job creation within the Delta TechOps workforce and comes as Delta is already making significant investments to its engine overhaul capabilities at its Atlanta Technical Operations Center, including the first new engine test cell to be built in the U.S. in more than 20 years and expanded engine shop space.
"The addition of geared-turbofan technical knowledge at Delta TechOps will not only be applied to the 200 engines that will power Delta's A321neo fleet, but will also uniquely position TechOps as an MRO leader in this space as future engine types are developed," West said.
"We couldn't be more proud of our long standing relationship with Delta, which dates back to the 1930s," said Pratt & Whitney President Robert Leduc. "Fast forward nearly 90 years, and the GTF engine has revolutionized aviation technology, and will provide Delta with proven performance and environmental benefits. We are honored to power and support Delta's new fleet of A321neo aircraft well into the future."
Continued meaningful investments in customer experience
This order is the latest among several Delta initiatives supporting its multi-billion dollar investment in the customer experience. On the ground, Delta is participating in more than $12 billion in airport infrastructure projects during the next decade in Atlanta, Los Angeles, New York-LaGuardia, Salt Lake City and Seattle. In the air, an ongoing cabin modernization program continues on existing aircraft featuring new seats, seatback entertainment systems withfree entertainment,free mobile messaging, high-capacity overhead bins, access to Wi-Fi on nearly all flights,free Main Cabin mealson select flights, upgradedMain Cabin snacks, anAlessi-designed collectionof service ware, Westin Heavenly In-Flight Bedding in Delta One, chef-curated meals paired with wines hand selected by Master Sommelier Andrea Robinson, noise-cancelingLSTN headphonesand more.
About Delta TechOps Delta TechOps is the largest airline maintenance, repair and overhaul provider in North America. In addition to supplying maintenance and engineering support for Delta's fleet of more than 800 aircraft, Delta TechOps supports more than 150 other aviation and airline customers around the world. Delta's MRO Services is the aftermarket arm of Delta TechOps. Delta TechOps performs over 200 aircraft checks per year, overhauls over 700 engines per year, and repairs/overhauls over 250,000 components per year for Delta, SkyTeam Alliance partners and MRO's third party customers. Delta TechOps employs more than 10,000 maintenance professionals and is one of the world's most-experienced providers with more than 90 years of aviation experience.
About Delta Air Lines Delta Air Lines serves more than 180 million customers each year. In 2017, Delta was named to Fortune's top 50 Most Admired Companies in addition to being named the most admired airline for the sixth time in seven years. Additionally, Delta has ranked No.1 in the Business Travel News Annual Airline survey for an unprecedented seven consecutive years. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 306 destinations in 52 countries on six continents. Headquartered in Atlanta, Delta employs more than 80,000 employees worldwide and operates a mainline fleet of more than 800 aircraft. The airline is a founding member of the SkyTeam global alliance and participates in the industry's leading transatlanticjoint venture with Air France-KLM and Alitalia as well as a joint venture with Virgin Atlantic. Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta,Boston, Detroit, Los Angeles, Mexico City, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, So Paulo, Seattle, Seoul, and Tokyo-Narita. Delta has invested billions of dollars in airport facilities, global products and services, and technology to enhance the customer experience in the air and on the ground. Additional information is available on the Delta News Hub, as well as delta.com, Twitter @DeltaNewsHub, Google.com/+Delta, and Facebook.com/delta.

View original content with multimedia:http://www.prnewswire.com/news-releases/delta-selects-airbus-a321neo-for-narrowbody-fleet-renewal-300571371.html
SOURCE Delta Air Lines