Delta Air Lines May be Buying 50 Wide-Body Jets and Ocean Power Technologies Offers 3.8M Shares at $3.10 a Share.
Delta Air Lines Inc. (NYSE: DAL) may possibly be buying as many as 50 wide-body jets, the airline said on Thursday. This would open a contest between Airbus and Boeing Co for business with the company for worth well over $10 billion at list prices. Delta said it was studying replacements for its Boeing 747-400 and 767-300ER jets, which have an average age of some 20 years and burn more fuel than newer planes. "Delta is evaluating widebody aircraft opportunities with a request for proposals" for up to 50 planes, a spokesman told Reuters on Thursday. Delta Air Lines, Inc. provides