American Airlines Places Order With Boeing
American Airlines orders 2 new Boeing 777-300ERs
FORT WORTH, Texas - American Airlines, Inc., a wholly-owned subsidiary of AMR Corp., today announced it has entered into a purchase agreement with the Boeing Company under which American will acquire two Boeing 777-300ERs to support its global network strategy and to capitalize on international growth opportunities. The two aircraft are expected to be delivered in late 2012.
"These additional widebody aircraft will bolster our network strategy, particularly the international growth opportunities we expect from our joint businesses with oneworld® partners in the trans-Atlantic and trans-Pacific markets," said Tom Horton, President, AMR Corp., the parent company of American Airlines and American Eagle. "We value the combination of size, range and performance of the 777-300ER, as well as the extensive customer amenities it offers. The seating capability of the aircraft will give us growth flexibility in slot-constrained airports and provide us with greater ability to serve new long-haul markets."
"American Airlines is an industry leader whose vision and disciplined approach to growth has made it one of the largest airlines in the world," said Boeing Commercial Airplanes President and CEO Jim Albaugh. "American is the first carrier in the United States to order the 777-300ER. These new airplanes will complement their large fleet of 777-200ERs by offering additional flexibility in serving nonstop routes while providing increased efficiency and reliability."
Additional terms of the commitment were not disclosed.
"We hope that this positive step for our airline signals the beginning of a period of domestic and global expansion which will allow our airline to aggressively compete and prosper in the years to come," said Captain David Bates, President of the Allied Pilots Association, the union that represents American's 8,600 pilots.
From 2007 through 2010, American has invested $4.2 billion in aircraft, cabin, and facility improvements to enhance the customer experience.
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