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January 14, 2013

American to get first Boeing 787 in November 2014

American Airlines said it expects to receive its first Boeing 787 aircraft in November 2014 as part of a restructured agreement with Boeing.

In a filing with the Securities and Exchange Commission on Monday afternoon, American said it will also substitute up to 20 order for 787-9 aircraft with 787-8 aircraft. The 787-8 is a slightly smaller and cheaper version of the 787-9. The carrier said last October that delivery of the Dreamliner could be delayed later than 2014 because of production issues at Boeing.

Under the restructured aircraft purchase agreement with Boeing, American will have firm orders for 111 737 aircraft, 18 777 airplanes, and 42 787s. It will also have options to purchase an additional 40 737s, 13 777s and 58 787s.

The agreement still needs to be approved by the bankruptcy court. A hearing is scheduled for January 23.

The Federal Aviation Administration is currently reviewing the Dreamliner after a Japan Airlines aircraft had an electronic fire last week and another experienced a fuel leak.

American recently received its first Boeing 777-300ER in December and is expected to launch the aircraft on its DFW-Sao Paulo route later this month.

-Andrea Ahles



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