Delta Teases Boeing 737 MAX Interest

Among the five largest U.S. airlines, Delta Air Lines (NYSE: DAL) is the only one that has not ordered the Boeing (NYSE: BA) 737 MAX. In recent years, the airline giant has dealt primarily with Airbus (OTC: EADSY) for new jets.

That said, Delta has periodically held talks with Boeing about a potential 737 MAX order. In a recent webinar for the company's pilots, CEO Ed Bastian stated, "There's certainly a place ..." for the 737 MAX in Delta Air Lines' fleet. Let's take a look at what this news means for Boeing and Delta.

During the roughly 20-month grounding of the 737 MAX, order activity dried up. (The onset of the COVID-19 pandemic last year certainly didn't help.) A year ago, with the FAA on the verge of recertifying the 737 MAX for commercial service, Boeing started looking to line up new orders for its troubled jet. It was particularly eager to sell dozens of "white tail" aircraft that were built in 2019 and 2020 for customers that had subsequently canceled those orders.

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Source Fool.com