Wednesday, April 9, 2014

Airline changes Airbus orders

American Airlines is changing 30 firm orders for 30 Airbus A320neo jetliners into options, according to an investor update filed on Tuesday morning. The planes were scheduled to be delivered in 2021 and 2022 and were part of the order of 260 Airbus narrow-body aircraft announced in 2011. American also said it terminated its existing lease financing arrangements for 62 Airbus A320 that American is scheduled to receive between 2015 and 2017 and instead will the purchase the aircraft. (Source: Star-Telegram, 04/08/14) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala., to help address the backlog of orders. Previous related