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Monday, March 4, 2013

ILFC, American Airlines Sign New Lease Agreement for 737s

American Airlines has a new purchase and leaseback agreement with AIG subsidiary International Lease Finance Corp. (ILFC) for 15 Boeing 737-800s and one 777-300ER.

(Photo provided courtesy of ILFC)

ILFC said the 777-300ER will be delivered later this month, and delivery of the new 737-800s will be completed by December 2014.

The leasing agreement comes following the recently announced merger between American Airlines and US Airways. The two carriers are awaiting approval of the merger from the federal court overseeing American’s bankruptcy proceedings and antitrust regulators in the United States and Europe. More

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