Dallas-based AMR Corporation, owner of American Airlines, has made the largest aircraft order in history by agreeing to acquire a total of 460 planes from Airbus and Boeing in a transaction worth more than $38 billion. Five Am Law 200 firms have landed key roles on the record-setting deal.
As the fourth-largest U.S. airline, American is also the only major carrier in the country that has never filed for bankruptcy. American’s fleet, however, is among the industry’s oldest–something that will change dramatically under the deal that will see the airline provided with new planes through 2025. In fact, according to news reports, American’s fleet is now expected to become the industry’s youngest within five years.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
