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Old 23rd July 2011, 06:05 PM
D Chan D Chan is offline
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Join Date: Mar 2008
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I'm sorry, but what does this have to do with anything?
have you forgotten about Chapter 11? and the numerous large legacy carriers in the states that have gone in and out of Chapter 11 in the last 25 years? Continental, Eastern, Delta, United, Northwest, US Airways, TWA...

yes, AA is the only major that has not gone through Chapter 11 bankruptcy but imagine if it had to - what would happen to this massive order, especially if the US hits severe economic recession. Fleet renewal doesn't come cheap and they'll be paying the billions for decades to come.

Having said that they will be paying anyway if they didn't have a fleet renewal given the aging fleet. They must have secured a very lucrative deal that they simply could not resist
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