Delta Air Lines has reached an agreement to buy 15 new Airbus A321 aircraft for delivery starting in 2018.

Delta Adding 15 New Airbus A321

Delta’s first A321 will begin service in early 2016, with 20 First Class seats, 23 extra-legroom seats in Economy Comfort and 149 seats in Economy.

Each A321 will feature in-flight Wi-Fi, industry leading in-flight entertainment with live satellite TV and on-demand options, and standard 110v power at every seat.

Per their press release,  “This opportunistic aircraft order continues Delta’s disciplined, capital efficient approach to fleet renewal,” said Delta CEO Richard Anderson. “These new airplanes will improve the flying experience for our customers and benefit our shareholders.”

With today’s announcement, Delta now has 45 A321s on order, aircraft that are common with the 126 Airbus narrowbody aircraft currently in the Delta fleet. All of Delta’s Airbus narrowbody aircraft feature CFM56 engines produced by CFM International, a joint venture of General Electric Co. and Snecma (Safran) of France.

This aircraft order is consistent with the company’s previously announced fleet and capital plans. Delta targets reinvesting approximately 50 percent of its operating cash flow back into the business, resulting in $2 to $3 billion of capital expenditures annually through 2018, with $2.3 billion planned for 2014.

Bottom Line

Delta is planning to retire many of their 757 and 767 aircrafts in their domestic fleet and replace them with newer more fuel-effiicent planes such as the 737-900ER’s and now the A321’s.

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