Delta Air Lines has signed a letter of intent (LOI) to buy a used Boeing 777 for $7.7 million, according to CEO Richard Anderson. Anderson raised some eyebrows in October when he said there was a “huge bubble” in used widebody aircraft, pricing a 10-year-old 777-200 at $10 million. The market would be “ripe” for Delta to buy used 777s, he said then. Boeing president and CEO Dennis Muilenburg was among those who pushed back against Anderson, saying the Delta CEO was ...

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