Financial Review

Financial Review

Delta CEO says confident Boeing will resolve 737 MAX issues

ATLANTA (Reuters) – Fuel prices Inc (NYSE:DAL) Founder Ed Bastian said he was confident U.S. planemaker Boeing (NYSE:BA) Co would resolve the business of its 737 MAX jet while in the wake of two deadly crashes involving that style of aircraft.

Delta does not own the MAX, that is flown in the country by its rivals Southwest Airlines (NYSE:LUV) Co, American Airlines Group Inc and United Airlines until a universal grounding recently following the two deadly crashes.

The global 737 MAX ban came as Boeing was soon on your way a final decision on getting in touch with launch an all-new jet program by using a mid-sized model meant to straddle the narrowbody and widebody markets.

Speaking at an aviation conference in Atlanta, Bastian said Delta was "very interested" in Boeing's proposed new mid-market airplane, though he stated the world's largest planemaker was focusing first on going through the crisis all around the MAX.

Delta shares have surged about 10 % ever since the No. 2 U.S. airline raised its first-quarter profit estimate earlier this year for the back of strong business travel demand.

The Atlanta-based carrier is because of publish first-quarter results on Wednesday.