Originally Posted by
EagleDriver
BullXXXX! Please stop with your unproven sunshine predictions. The facts are as follows.
AMR has publically announced that they will ground 25 more S80's before the end of the year. AMR has not announced any replacements for those aircraft. The deliveries of 737's will end this year. AMR was previously grounding at least one S80 every time they recieved a new 737 (I've been delivering the 80's to Roswell). 777-300ER will not be available for a year and a half, minimum. Likewise the 787. There have been no announcements of new aircraft besides the six - 300ER's. APA, our pilot union, is at best sending out mixed messages. Multiple domicile chairmen are stating that AMR management has been lying again at the negotiating table to get us through the summer crunch. The negotiating team sent out a message stating they are disappointed in managements tactics at the table then a few days later at the direction of what many believe is a management friendly APA President, the negotiators send out a conflicting message stating they are re-energized at the table. AMR recalled furloughees recently because they were fearful of a mass exodus of senior pilots this summer due to falling market conditions. (This has partially come true, 42 retirements July 1, maybe a similar number Aug 1). AMR is losing market share in major markets and has announced no plans to stem the losses other than waiting for the other airlines labor contracts to catch up. That's it folks. Facts not some pipe dreams are what you should plan your future on.
I could just as easily state, "According to the VP Flight they will stop recalls this fall after the summer crunch is over to prepare for the announced grounding of the 25 S-80's. There will be no more recalls until several months prior to AMR recieving 777-300ER's and then only if AMR has a signed agreement with APA by that time (which looks doubtful)".
aa73, you can try to be smug, act like you have the inside story and puff up the hopes of others but you know only as much as I know. Yes I have friends on the inside too! Pilots are making future plans based on message boards like this so please try to paint an accurate picture based on facts not your dreams. When conditions change I will be the first to back up your posts but until then I'll present the ACTUAL conditions present at AA.
FORT WORTH, Texas (AP) -- American Airlines said Friday that it will finance up to 35 new planes in the next three years under a sale-leaseback deal with aircraft-leasing company AerCap Holdings N.V.
American had already ordered 26 of the Boeing 737 aircraft. The airline disclosed Friday that it exercised an option to buy three more, and the AerCap deal also covered six planes to which American holds purchase rights.
They're all Boeing 737-800 aircraft that are typically used on flights within the United States.
Under the sale-leaseback arrangement, AerCap will buy the planes from American and lease them back to the airline.
Bella Goren, the chief financial officer of American parent AMR Corp., said the agreement showed that the airline can efficiently raise capital to update its jet fleet.
American reportedly is in talks for large new orders with aircraft makers Boeing and Airbus. Airline officials declined to comment on those reports Friday.
Fort Worth-based American, the nation's third-largest airline company, wants newer and more fuel-efficient planes to replace the MD-80 series aircraft that make up about one-third of its fleet of more than 600 planes.
Before Friday's announcement, the company expected to take delivery of 15 Boeing 737-800s this year, 28 next year and 14 in 2013.
AMR shares fell 8 cents to $5.01, while shares of Netherlands-based AerCap rose 30 cents, or 2.4 percent, to $12.60 in morning trading.