Delta To Repurchase Shares, Speed Aircraft Retirement

Delta, in addition to announcing a $500 million stock buyback yesterday, unveiled plans to accelerate the retirement of 16 remaining MD-90s and eight MD-11s over the next seven to nine years to simplify its fleet. The early retirement -- neither aircraft type is in production anymore -- will result...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.