Delta seen ordering 100 Boeing extended-range 737s

Airlines have been hit by volatile energy prices over the past few years, with many carriers experiencing precipitous upticks in operating expenses as a result of surging oil costs. In a bid to improve its profit margin, Delta is expected to order energy efficient aircraft from Boeing.

According to a report from Reuters, industry experts assert Delta is likely to place an order for Boeing's extended-range 737s. Analysts project the U.S.-based carrier will purchase 100 of the aircraft from Boeing as it works to improve energy efficiency and achieve business cost reductions across all of its divisions.

The total market value of the order is projected to come in at around $8.6 billion. However, that figure is based on average prices, and large buyers are often given hefty price discounts, experts say.

Delta officials sent a request to plane makers last year, informing them of its plans to replace 200 aging planes. Though the airline was said to have been considering purchasing the planes from other manufacturers, it ultimately decided on Boeing, according to the news provider.