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Delta Orders Boeing 787s on Travel Boom

Bloomberg Markets •
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Delta Air Lines is placing its first-ever order for Boeing 787 Dreamliner jets, securing 30 wide-body aircraft in a major vote of confidence for the US planemaker. The deal, announced Thursday, signals the Atlanta-based carrier's belief that robust international travel demand will continue long-term. That optimism is backed by strong financials.

Delta reported fourth-quarter earnings that topped analyst expectations, with annual revenue hitting a record $58.3 billion. A resurgence in high-margin long-haul leisure and business travel has helped the airline recover sharply from the pandemic. For Boeing, the order provides a crucial commercial lift as it navigates ongoing production challenges and works to rebuild trust following the 737 MAX crisis.

The 787 program has faced years of manufacturing delays, making this fresh demand a welcome development. Delta’s move likely pressures rival Airbus, which had hoped to convert the airline to its A350 model. With global air travel nearing pre-2019 levels, major airlines are racing to refresh aging fleets.