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Boeing and Airbus competing for major order

July 12, 2011 – Boeing and Airbus are competing to win an order of 250 passenger planes from AMR Corporation's American Airlines, which is planning to replace about 38% of its current fleet with the roughly $15bn order.


July 12, 2011
By Melissa Damota

July 12, 2011 – Boeing and Airbus are competing to win an order of 250 passenger planes from AMR Corporation's American Airlines, which is planning to replace about 38% of its current fleet with the roughly $15bn order.

Airbus is reportedly offering American Airlines about $6bn in preferential financing through a team of lenders and leasing firms to secure the order.

Airbus SAS, a unit of European Aeronautic Defence and Space, has offered the airliner 130 current-generation A320s and 130 fuel-efficient A320neo, while Boeing is offering 737-800s and 737-900 extended range planes.

The purchase is to replace the airliner's older and less-fuel-efficient models, such as the Boeing 757s and MD-80s.

American Airlines is currently negotiating with both plane manufacturers for the deal, according to Wall Street Journal.