American Airlines new aircraft order
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American Airlines new aircraft order
American Airlines are expected to place an order for 280 new aircraft tomorrow with the order being split between Airbus and Boeing.
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Official press release - coup for Airbus .
AMR Corporation Reports Second Quarter 2011 Net Loss of $286 Million - Jul 20, 2011
AMR Corporation Reports Second Quarter 2011 Net Loss of $286 Million - Jul 20, 2011
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200 B737's and 260 A320's. Holy crap! That's a lot of metal in 9 years. But how big are those losses last quarter? Can they sustain the payments on all of those aircraft not to mention the other aircraft they already have? Not to be cynical but will they go Chapter11 again and get a bail put from government? ok possibly cynical and a cheap shot. Sorry.
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Bang goes the polished metal
Also AA's A300's ended their lives with a mainly polished metal type scheme.
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I think there is now no chance of MOL being able to "rape" Boeing or Airbus, looks likely he will have to take a trip down to the Chinese for his next take away.
This order will allow both companies to be more bull-ish with their pricing on narrow bodies, but with out doubt first blood to Airbus with the neo and good news for Britain PLC who build the wings.
This order will allow both companies to be more bull-ish with their pricing on narrow bodies, but with out doubt first blood to Airbus with the neo and good news for Britain PLC who build the wings.
