AA buying A320's

[JFReservist]

soon as I"m off reserve tonight, that's exactly what I plan to do.

See, we can agree! Now drink up and let's get back to armchair CEOing this thing:

From today's finance.yahoo

Report: American Airlines to replace US fleet
Report: American Airlines in talks with Airbus and Boeing over $15 billion aircraft deal


Companies:AMR CorporationBoeing Co.
Topics:Industrial Goods
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On Wednesday June 29, 2011, 8:57 pm EDT
FORT WORTH, Texas (AP) -- American Airlines is in talks with aircraft manufacturers Airbus and Boeing Co. to purchase at least 250 aircraft in a deal valued at about $15 billion, The Wall Street Journal said.

The report published Wednesday cites unnamed persons familiar with the matter who say American seeks to replace its entire domestic fleet.

Such a transaction would represent a potential windfall for the rival aircraft makers and a bold step by American Airline parent company AMR Corp. to lift the airline's fortunes.

American, based in Fort Worth, Texas, is facing higher costs from rising jet fuel prices, in part because of its older-model aircraft. Earlier this year, after posting a $436 million first-quarter loss, AMR announced it would scale back plans to add new flights and retire at least 25 older, gas-guzzling MD-80 planes later this year and add newer planes to its fleet.

American worked out a tentative agreement with Airbus several weeks ago without telling Boeing, then approached Boeing and asked it to make a counter offer, according to the report.

Airbus is offering American discounts, special financing terms and other incentives to win the deal, the Journal said.

American's entire 620-plane fleet is made up of Boeing aircraft and the airline is considering purchasing planes from Boeing's roster of 737 models, which include the 737-700 and 737-900 -- aircraft that American doesn't fly now, the Journal reported.

The airline has 54 737-800s scheduled to enter its fleet by 2013, has more 777s on order and is a customer for Boeing's 787 Dreamliner aircraft, the Journal said.

Still, American also is interested in Airbus' A320 planes, including a model with a new engine that is slated to go into production in 2015, according to the Journal report.

American wants to nail down the terms of the aircraft order this summer, the Journal said, citing the persons familiar with the matter.

Representatives from American, Boeing and Airbus declined to comment.

AMR shares ended the regular session down 13 cents, or 2.4 percent, to $5.41. Shares of Chicago-based Boeing ended up 63 cents to $72.72.

 

[I Hate Freight]

.... Interesting to look back.

 

[$$$4nothin]

It is no big deal, just a pet peeve and I can't help myself, lol. Another one, people say "hot water heater." It's just a water heater, it doesn't heat hot water

Back to the topic of AA buying French airplanes and some idiot blaming it all on republicans and hijacking the thread.

If they start builing them in Alabama like they are rumored to do AA will be buying American made planes.

 

[airplane wizard]

Why not just buy more 737s? Wouldn't all the costs involved in adding a new type of plane would outweigh any cost savings the bus might have?

 

[Flyby1206]

Why not just buy more 737s? Wouldn't all the costs involved in adding a new type of plane would outweigh any cost savings the bus might have?

Im sure AA got an amazing deal from Airbus. They have been trying to break these all-Boeing carriers for a long time.

 

[ultrarunner]

.... is in talks hardly means an order.

And they'd need permission anyway, not to mention money!

 

[Freebrd]

Another one, people say "hot water heater." It's just a water heater, it doesn't heat hot water

thread.

It does heat water, and maintains that water (heats it) at certain settings, so it's a HW heater no?