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Delta Air Lines ordered 100 Boeing narrow-body jets worth more than $8.5bn at list prices, giving the US aerospace company a welcome boost after a series of setbacks.

Last month Boeing was forced to split a large order from American Airlines with its arch-rival Airbus, and was hurried into announcing a plan to upgrade its best-selling 737 family of narrow-body aircraft rather than building an all new small jet.

Fuel efficiency is a particular priority for airlines. Fuel costs constitute about 40 per cent of total airline operating expenses and high fuel prices have dented the fragile recovery that the sector has enjoyed since the global downturn.

source: FT.com

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