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7/21/11

Aircraft Industry: American Airlines buys Airbus, stings Boeing -by Aubrey Cohen

American Airlines placed what it called the largest aircraft order in history Wednesday: 460 existing model and re-engined small airliners from Airbus and Boeing, which previously had been leaning toward replacing its 737, rather than outfitting it with new, more efficient engines.

American now flies all Boeing jets, making the order a hit for the U.S. airplane maker, particularly given that the airline opted for more Airbus aircraft.

"(N)o single manufacturer could provide the number and variety of aircraft we need to fulfill our vision for the future," American Chairman and Chief Executive Officer Gerard Arpey said during a news conference with Boeing Commercial Airplanes President and CEO Jim Albaugh and Airbus CEO Tom Enders Wednesday.

For more: American Airlines buys Airbus, stings Boeing - seattlepi.com

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