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LSCMS Blog

Blog for updates and happenings in logistics in the Asia-Pacific region

July 31, 2011

American Airlines order 460 new aircraft

Filed under: Newsletter — admin @ 1:22 pm

American Airlines has signed one of the largest aircraft orders in history with Boeing and Airbus.

The fourth largest airline in the world by passenger numbers is planning to have the youngest fleet in the world within the next five years.

As part of this ambitious plan, the airline is completely overhauling its domestic airliners and has ordered 200 Boeing 737s and 260 Airbus A320 aircraft.

Parent company AMR Corporation said that the new single-aisle planes would “transform” American’s fleet during their delivery dates, which are rolled out over a period from 2013 to 2022.

The new planes will hold around 200 passengers and are classified as short to medium range airliners, but AMR chairman Gerard Arpey said that the new planes would significantly reduce American’s fuel costs and give the airline greater financial flexibility.

According to Boeing, American Airlines also has an option for the purchase of a further 100 aircraft, although it is unclear whether the airline will exercise that option.

The financial details of the twin deals have not been released, but its total value to both aircraft manufacturers is expected to be several billion dollars.

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