Delta Air Lines may be scooping up some used wide-body planes in the next few years, but CEO Richard Anderson says he’s waiting for prices to drop even more on the world market.

A new Boeing 777-200 LR purchased by Delta Air Lines Inc. takes off Feb. 29, 2008, from Boeing Field in Seattle. (Photo: Ted S. Warren, AP)

Anderson told reporters Wednesday on a call to discuss record third-quarter profits of $1.4 billion that low interest rates have created a bubble worldwide in wide-body planes. But there's no deal yet.

Boeing 777-200 aircraft up to 10 years old are now available for $10 million, Anderson said. And Airbus A330-200 aircraft are leasing for one-fifth what they cost new, he said.

Singapore Airlines, for example, has 70 of those type of planes coming off leases or retiring after eight to 10 years, Anderson said. But there are few buyers like Delta worldwide who are prepared to pick up a dozen planes at a time, he said.

“We do think that the aircraft market is going to be ripe for Delta over the course of the next 12 to 36 months,” Anderson said. “There will be some huge buying opportunities.”

He also predicted that the weakness in the wide-body market would spread to narrow bodies.

“We get calls all the time. But there’s no deal,” Anderson said.  “Prices are going to get lower. You wouldn’t strike a deal now.”

REFERENCE - http://www.usatoday.com/story/travel/flights/todayinthesky/2015/10/14/delta-boeing-777-200/73926468/