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Delta Says Boeing Made Offer in Flap Over $10 Million 777

  • Planemaker balked at suggestion that used craft were now cheap
  • Airline favors well-maintained older models to save money
Updated on

Delta Air Lines Inc. Chief Executive Officer Richard Anderson said Boeing Co. executives offered him used wide-body jets for $10 million, defending his comment a month ago that he sees a bubble in long-haul planes.

Anderson surprised some in aviation when, in an Oct. 14 earnings call, he said Delta had been offered a 10-year-old Boeing 777-200 for that price. Analysts quickly challenged Anderson’s comment, suggesting a more appropriate price is around $40 million. However, in a recorded message for employees, Anderson on Friday fingered Boeing as having made the offer to Delta.