Back to top

Analyst Blog

Zacks Equity Research

Delta to Have More Aircrafts


 ZacksTrade Now

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

Delta Air Lines (DAL - Analyst Report) entered into a purchase agreement with Canadian firm Bombardier Aerospace, whereby the former will buy 40 new CRJ900 two-class regional jets from the latter. Delta could buy up to 30 more CRJ900 aircraft, if it chooses to exercise the order to full. The purchase value of 70 jets is estimated to touch $3.29 billion.

This transaction highlights Delta’s restructuring initiatives under which it targets to replace the old and depleted 60 single-class 50-seat domestic aircraft with upgraded and superior two-class 76-seat aircraft. With the purchase, Delta will move closer to its goal of offering customers more first class seats compared to any other airline.

The CRJ900 aircrafts are designed with 12 seats in the first class cabin, 12 seats in Delta's popular Economy Comfort section and 52 seats in economy. The airplanes will have all-leather seats in a two-by-two arrangement with window and aisle position only. Flyers will be provided with in-flight Wi-Fi access, Delta's complimentary snacks and beverages plus meals for first-class on flights over 900 miles.

With the new jets, the company aims to have a cost-efficient business structure. The aircrafts will help the company trim fuel and maintenance expense but not at the cost of reducing passenger comfort or high-class services. The company will also launch the right-sized aircraft for each market, thus minimizing unproductive flying and bringing in well-organized capacity discipline.

Of late, Delta Air Lines added The Boeing Company’s (BA - Analyst Report) 88 Boeing 717-200 aircraft in place of the 50-seat aircraft and swapped Boeing’s 757 and 767 aircraft with 100 new 737-900ER jets from the same company.

The delivery of CRJ900, 717-200 and 737-900ER aircrafts are slated for the second half of 2013.

Atlanta, Georgia based Delta Air Lines is the second largest U.S. airline providing scheduled air transportation for passengers and cargo throughout the U.S. and around the globe. The company’s current regional fleet consists of 255 larger two-class regional jets, along with 101 CRJ900 aircraft.

We maintain our long-term Neutral recommendation on Delta Air Lines. This is supported by a Zacks #3 Rank (Hold rating for 1-3 months).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%