American Airlines places orders for Airbus, Boeing and Embraer aircraft

• American orders 85 Airbus A321neo, 85 Boeing 737 MAX 10 and 90 Embraer E175 aircraft.
• Orders enable American to upgauge aircraft on domestic and short-haul international routes and offer more premium seats than any other U.S. airline.
• American expects to remain within its previously announced guidance for capacity and capital expenditures inclusive of the aircraft orders.
• With growing customer demand for a premium travel experience, American will retrofit its A319 and A320 fleets beginning in 2025, increasing the number of domestic first class seats on each aircraft.
• Narrowbody orders complement existing orders of Boeing 787-9 and Airbus A321XLR long-haul aircraft.
  

FORT WORTH, Texas, March 04, 2024 (GLOBE NEWSWIRE) -- American Airlines today announced orders for 260 new aircraft, including 85 Airbus A321neo, 85 Boeing 737 MAX 10 and 90 Embraer E175 aircraft. The orders also include options and purchase rights for an additional 193 aircraft. As part of the Boeing order, American has upgauged 30 existing 737 MAX 8 orders to 737 MAX 10 aircraft.

The orders are part of American’s continued investment to expand premium seats across its narrowbody and regional fleets and support the long-term strength of the airline’s domestic and short-haul international network.

“Over the past decade, we have invested heavily to modernize and simplify our fleet, which is the largest and youngest among U.S. network carriers,” said American’s CEO Robert Isom. “These orders will continue to fuel our fleet with newer, more efficient aircraft so we can continue to deliver the best network and record-setting operational reliability for our customers.”

Since 2014, American has taken delivery of more than 600 mainline and regional aircraft. With this announcement, American has 440 aircraft on order, extending its aircraft order book into the next decade so the airline can continue to meet the growing demand for air travel.

“We are very pleased to continue our longstanding partnerships with Airbus, Boeing and Embraer with these orders,” said American’s Chief Financial Officer Devon May. “As we look into the next decade, American will have a steady stream of new aircraft alongside a balanced level of capital investment, which will allow us to expand our network and deliver for our shareholders.”

Measured narrowbody fleet growth

The aircraft orders support American’s measured growth into the next decade and smooth the delivery schedule in the coming years. Accounting for these orders, American expects to remain within its previously announced guidance for capacity and capital expenditures.