Delta CEO: Lower fuel costs have been ‘awesome’

Richard Anderson, Delta Air Lines
Andrew Harrer | Bloomberg | Getty Images
Richard Anderson, Delta Air Lines

The fall in fuel prices has allowed Delta Air Lines to invest in other areas of the business, CEO Richard Anderson said Thursday.

"We bought a lot of Boeing airplanes and [are] building a lot of new facilities, and are really working hard on our product," Anderson told CNBC's "Squawk Box." "It's been awesome. It's just awesome."

Delta said Wednesday said it ordered 20 new Boeing 737-900ER jets and 20 Embraer SA E190 planes that were in Boeing's possession, aimed at reducing the airline's use of smaller aircraft that it contracts regional carriers to fly.


Earlier this year, Delta scrapped plans to buy 60 narrow-body jets from Boeing, including the E190s, after its pilots rejected a tentative contract proposal.

Anderson told CNBC that the company expects to save about $3 billion in fuel costs by next year. "A $3 billion reduction … is huge."

Shares of Delta have outperformed against other airlines in the last six months, rising nearly 28 percent in that time.

— Reuters contributed to this report.