AMR Allowed to Buy 32 Boeings, Reject Some Aircraft Leases
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AMR Corp., the bankrupt parent of American Airlines, won permission to pursue a deal to buy 32 planes from Boeing Co. through 2012 and to reject leases on some aircraft as it reorganizes with a more competitive fleet.
U.S. Bankruptcy Judge Sean Lane in Manhattan today approved the requests by the third-largest U.S. airline company. Boeing was scheduled to deliver two 737-800 planes by now, and deliveries to Fort Worth, Texas-based AMR will resume on Jan. 10, according to court papers.