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Old Apr 16, 2017 | 8:23 pm
  #373  
3Cforme
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Originally Posted by Longboater
In the 10-Q published today, its become official that Delta has exercised options for ten additional 737-900ERs to be delivered between 2018 and 2019.
Not exactly. Boeing notified Delta that Boeing was exercising its put option - putting ten new 739-900ERs into the delivery queue. DL is obligated to buy.

See the 10Q filed 4/12/17.

Additionally, on March 14, 2017, Boeing notified Customer of its exercise of ten (10) model 737-900ER Put Option Aircraft pursuant to Letter Agreement DAL-PA-02022-LA-1501328 ( Put Option Letter Agreement ). This Supplemental Agreement incorporates the ten (10) exercised model 737-900ER Put Option Aircraft, which are considered Incremental Aircraft, as defined in the Purchase Agreement.
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