By Sam Boughedda
Investing.com -- Boeing Co (NYSE:BA) is moving closer towards a "landmark" deal that would see Delta Air Lines Inc (NYSE:DAL) order up to 100 of its 737 MAX 10 jets, Reuters reported on Friday.
According to the report, the deal would be Delta's first order for Boeing's "best-selling single-aisle airplane family" and the first major order to Boeing from Delta in around 10 years.
Boeing shares are traded 1% higher Friday, while Delta climbed 1.6%.
In September last year, it was reported that Delta was considering the 737 Max as the carrier works on reshaping its fleet.
Reuters cited sources saying Boeing and Delta are working on the details of an order for 100 aircraft, with many for the 737 MAX 10. If the companies come to a deal, an announcement could be expected as early as next month.
On Thursday, Delta announced it had signed a memorandum of understanding with Boeing's rival Airbus to collaborate on researching and developing a hydrogen-powered aircraft.