FORT WORTH- On Wednesday, American Airlines (AA) announced its ongoing discussions with aircraft manufacturers Airbus and Boeing regarding a potential new order for narrowbody jets.
This move comes as airlines respond to increased travel demand by placing orders for additional aircraft.
American Airlines Talks with Airbus, Boeing Orders
According to sources familiar with the matter, Bloomberg News reported that the airline is engaged in negotiations with these companies for a potential order of approximately 100 jets.
“We are currently engaged in discussions with both Boeing and Airbus regarding our requirements for narrowbody aircraft for the latter part of this decade and beyond,” American Airlines stated in an official announcement.
Upon reaching out to Airbus for a response, the company told Reuters, “We decline to comment on any confidential commercial discussions that may or may not be occurring.”
Early Talks
Sources within the industry, speaking to Reuters, conveyed that the discussions are in their preliminary stages and no definitive resolution is imminent.
American Airlines mentioned, “Considering the youthful state of our existing aircraft, our necessity for fleet replacement is quite limited.
Consequently, we anticipate that our aircraft capital expenditures for the next several years, potentially spanning until the end of the decade, will average around $3.5 billion annually.” This statement was provided during an investor call the previous month.
As per the Bloomberg report, the scale of the agreement could encompass over 200 aircraft, incorporating future acquisition commitments.
The report outlined that the airline engaged in negotiations for multiple months now. It is contemplating Boeing’s 737 Max and Airbus’s A321neo models as potential replacements for its 737-800, A319, and A320 single-aisle aircraft later in this decade.
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