The Business Times
SUBSCRIBERS

Delta ditches plans for new jets

Union pilots reject contract needed to trigger US$4b deal for Boeing, Embraer planes

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jul 16, 2015 · 09:50 PM

    Atlanta

    DELTA Air Lines Inc abandoned plans to add at least US$4 billion of Boeing Co and Embraer SA jets after union pilots rejected the contract needed to trigger the deal.

    "Those orders will be cancelled," chief executive officer Richard Anderson said on Wednesday in a conference call without elaborating. He spoke after Delta posted a second-quarter profit that beat analysts' estimates and slowed growth in seating capacity.

    BoeingEmbraer

    Share with us your feedback on BT's products and services

    Feedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More