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Delta Air (DAL) Stock Down on Airbus Order, Tech Investments

NEW YORK (TheStreet) -- Delta Air Lines (DAL - Get Report) stock is declining 1.05% to $42.41 in early morning trading on Friday after the Atlanta-based airline carrier ordered 37 additional Airbus (EADSF) A321s to renew the company's narrow-body aircraft fleet.

The new aircrafts, which will be delivered through 2019, will expand Delta's A321 fleet to 82.

"The order for the A321s is an opportunistic fleet move that enables us to produce strong returns and cost-effectively accelerate the retirement of Delta's 116 MD-88s in a capital...


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