American Airlines orders 260 new jets, including 85 Boeing Max 10 planes.

Sharing is Caring!
  • American ordered 260 new narrow-body planes.
  • The order includes jets from Airbus, Embraer and Boeing’s yet-to-be certified 737 Max 10.
  • American said it would start retrofitting its A319 and A320 planes in 2025 for a bigger first class.

American Airlines
said Monday it is ordering 260 new narrow-body jets, including dozens of Boeing’s
long-delayed 737 Max 10.

The order includes 85 of Boeing’s 737 Max 10 planes and 85 of the Airbus A321neo, aircraft it says will help it upgauge on domestic and short-haul international routes. The Fort Worth, Texas-based airline is also ordering 90 Embraer E175 planes.

See also  U.S. court orders ByteDance to sell TikTok or face ban by January 19th 2025

American’s order is a vote of confidence for Boeing, which is struggling with a series of production flaws and certifications of new planes that have taken years longer than originally expected. Scott Kirby, CEO of rival carrier United Airlines
, said earlier this year that his airline has been weighing fleet plans without its Max 10s because of the delays.

American’s CFO Devon May said the airline has additional Airbus options for new aircraft as well as financial protections with Boeing, and the ability to take already-certified models if the Max 10 certification is further delayed.

See also  Walt Disney insiders, including CEO Bob Iger, sold shares worth $44 mm in November. Record monthly sales volume for last 3 years.

https://www.cnbc.com/2024/03/04/american-airlines-orders-hundreds-of-new-planes.html