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-   -   Delta reducing widebody order? (https://www.airlinepilotforums.com/delta/101144-delta-reducing-widebody-order.html)

notEnuf 04-13-2017 06:39 AM

http://www.airlinereporter.com/wp-co.../07/DAL-NW.jpg

I knew I had this old pic for some reason. Fugly, isn't it?

Dustycrophopper 04-13-2017 09:21 AM

Can anyone confirm they added 10 more 737-900's so 130 instead of 120? Someone mentioned it was somewhere in the press release but I couldn't find it

BlueRidger328 04-13-2017 09:26 AM


Originally Posted by Dustycrophopper (Post 2342512)
Can anyone confirm they added 10 more 737-900's so 130 instead of 120? Someone mentioned it was somewhere in the press release but I couldn't find it

Yes it is in the 10Q

http://d18rn0p25nwr6d.cloudfront.net...0b7f07272e.pdf

It says BOEING exercised a PUT Option. I only have a vague idea what that is, but reading the 10Q, it almost appears as if Delta is being required to take them from Boeing. Maybe someone can clear this up for me?
There is also a good chart of existing and ordered aircraft in the report.

Dustycrophopper 04-13-2017 09:41 AM

Ah yes, 75 owned plus 55 commitments equals 130 total.
Way to sneak that one in there delta

Gunfighter 04-13-2017 10:10 AM


Originally Posted by BlueRidger328 (Post 2342520)
Yes it is in the 10Q

http://d18rn0p25nwr6d.cloudfront.net...0b7f07272e.pdf

It says BOEING exercised a PUT Option. I only have a vague idea what that is, but reading the 10Q, it almost appears as if Delta is being required to take them from Boeing. Maybe someone can clear this up for me?
There is also a good chart of existing and ordered aircraft in the report.

The link was blocked for being a potential malware site, but the premise is interesting. I've always assumed the only options were CALL options owned by the airlines. It never occurred to me the manufacturer would have PUT options. Maybe the Boeing order book for 737 isnt' as strong as they would like us to believe.

notEnuf 04-13-2017 11:11 AM

https://www.sec.gov/ix?doc=/Archives...331201710q.htm

try this one


Boeing exercised their put option and sold Delta 10 shiny new 737-900er aircraft. The modification of the order when Delta agreed to half the 737 they originally ordered and cancelled in 2015. Delta gave Boeing a put option on 10 additional 737s. (The ones we weren't going to get because of the 2015 TA 1 vote down)

BlueRidger328 04-13-2017 12:35 PM


Originally Posted by notEnuf (Post 2342644)
https://www.sec.gov/ix?doc=/Archives...331201710q.htm

try this one


Boeing exercised their put option and sold Delta 10 shiny new 737-900er aircraft. The modification of the order when Delta agreed to half the 737 they originally ordered and cancelled in 2015. Delta gave Boeing a put option on 10 additional 737s. (The ones we weren't going to get because of the 2015 TA 1 vote down)

I was curious about that as part of the original 40.

Milk Man 04-13-2017 01:06 PM


Originally Posted by Gunfighter (Post 2342577)
The link was blocked for being a potential malware site, but the premise is interesting. I've always assumed the only options were CALL options owned by the airlines. It never occurred to me the manufacturer would have PUT options. Maybe the Boeing order book for 737 isnt' as strong as they would like us to believe.

Guessing nobody really wants the NGs, they want the max. I bet some had orders for 900 but opted for Max instead.

Dustycrophopper 04-13-2017 01:46 PM

Who knows if delta even takes delivery of these maybe they farm them out

sailingfun 04-13-2017 02:54 PM


Originally Posted by Dustycrophopper (Post 2342731)
Who knows if delta even takes delivery of these maybe they farm them out

They are replacement aircraft to cover the accelerated retirements on the MD88's.


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