Leaseback Agreement

[eolesen]

You will never see aircraft purchase prices publicized. You'll also never see what AA pays for fuel or how much they pay for ticket jackets.

Even in the published SEC filings, specifics are redacted because it qualifies for confidential treatment and a private matter between the parties involved.

If your union wanted your pay rates considered confidential, they can certainly request it to be handled that way, but I don't think they want it private.

 

[Buck]

I think I posted this in another forum also:

From the Dallas Morning News

American Signs Sale-Leaseback Deal

American announced an agreement with AerCap to sell 35 Boeing 737-800 airplanes to the Dutch aircraft leasing company and then lease them back. It does add nine airplanes to American's order book with Boeing, either as firm orders or purchase rights. American said the deal covers 26 jets it had previously ordered and three additional jets on firm order, plus purchase rights for six more Boeing 737-800s for delivery in 2013-2014. American is replacing its 140-seat McDonnell Douglas MD-80s with 160-seat Boeing 737-800s, a much more fuel efficient airplane. As of March 31, American operated 219 MD-80s to 152 737-800s. But by sometime next year, the number of 737s will exceed the number of MD-80s as more Boeings arrive and more MD-80s are parked.