Airbus triumphs over Boeing in Delta order for 50 planes

Associated Press

Delta Air Lines Inc. said Thursday it would acquire 50 new planes from Europe's Airbus to replace older Boeing Co. jets.

Both aircraft makers wooed Delta for the order, which carries a sticker price of $14.3 billion, although airlines routinely get sharp discounts. Airlines have been on a buying spree, replacing older, less fuel-efficient planes.

Continue Reading Below

Delta said that it ordered 25 Airbus A350-900 jets to start arriving in 2017 and 25 Airbus A330-900neo jets for delivery beginning in 2019. The two-aisle planes will replace older Boeing 747 and 767 jets.

Boeing did win an order for 10 wide-body 777-300ER jets from Kuwait Airways, however. Those will be delivered starting in late 2016. The list price was $3.3 billion.

Shares of Boeing rose 9 cents to close at $131.70. They have dropped 3.5 percent in 2014.