What I don't understand is that the current market capitalization of AMR (AA's parent) is $663 million dollars. This is about the price of 2.5 B777s. Yet among its 619 aircraft AA has 47 B777s - doesn't make any sense to me. So presumably most of the fleet is actually leased from other companies.
Last edited by SFI145; 4th Oct 2011 at 04:28.