American to Defer 22 Airbus A350 Wide-Body Jets to Slow Spending
- Delay to reduce capital expense $1.2 billion over two years
- Changes announced as American profit tops analyst estimates
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American Airlines Group Inc. will defer delivery of 22 wide-body aircraft to spread out more than $1 billion in spending.
The world’s largest airline reached an agreement with Airbus Group SE to take A350 XWB aircraft from late 2018 through 2022, deferring each plane’s arrival by an average of 26 months. American previously was to get the first A350 in spring 2018, according to a statement Friday.