and there goes our airbus order. DISLIKE.



American Airlines orders 130 Airbus aircraft
November 23, 2011


American Airlines placed a $13 billion order for 130 Airbus A319 and A321 aircraft, which it will begin taking deliveries of in 2013, according to Tulsa World.

The lease transactions with Airbus are part of a massive fleet renewal plan that the company announced in July, and could include $38 billion worth of orders and options for 925 Airbus and Boeing aircraft over 14 years, according to an American executive.

Airbus and Boeing have agreed to $13 billion in financing for the first 230 aircraft delivered, the story said.

The off-balance sheet financing and the fuel efficiency of the new planes are significant because American is projected to spend more than $8 billion on aircraft fuel and post its fourth straight annual loss in 2011, the story said.

American plans to acquire 200 additional Boeing 737s, with options for another 100 737 variants.

The carrier will take delivery of 100 737NG (Next Generation) aircraft starting in 2013, including three 737-800s.