Delta agrees to sell 38 737-800s to lessors on delivery, orders 10 dash 700s

Delta Air Lines reached aircraft purchase and sale agreements with Boeing and two aircraft lessors yesterday as part of an effort to right-size its fleet to emerge from bankruptcy as a standalone carrier with a heavy emphasis on international services. It agreed to take but immediately sell 38 future deliveries of 737-800s it has on order; 15 will go to Aviation Capital Group and 23 to Babcock & Brown Aviation Finance Ltd. In addition, the airline said it has converted five firm orders ...