http://biz.yahoo.com...4/aamrq8-k.html
American Airlines, Inc. (American), a wholly owned subsidiary of AMR Corporation, entered into an agreement on January 11, 2013 (the Restructuring Agreement) with The Boeing Company (Boeing) that provides for the assumption and restructuring of certain existing aircraft purchase agreements between Boeing and American, the entering into of a definitive purchase agreement with respect to Boeing 737 MAX aircraft (the MAX aircraft), certain financing commitments for Boeing Model 787-8 and 787-9 aircraft (the 787 aircraft) and certain Boeing Model 737-8 aircraft (the 737 aircraft), the assumption of certain other aircraft spare parts, support and services agreements, and a comprehensive settlement of the relationship among American and its affiliates and Boeing and certain affiliates of Boeing, including all claims asserted by Boeing and such affiliates in the Pending Cases (as defined below), with certain limited exceptions.
The Restructured Aircraft Purchase Agreements will provide for certain concessions and savings to American in connection with the acquisition by American of the 737 aircraft, the 787 aircraft and aircraft spare parts. The Restructured Aircraft Purchase Agreements will also provide for the substitution of up to 20 787-8 aircraft for 787-9 aircraft, an accelerated delivery schedule for the 787 aircraft with deliveries scheduled to commence in November 2014 and to continue in each calendar year through September 2018, and the confirmation of the purchase of the Boeing 787 aircraft, which previously had been subject to certain reconfirmation rights.
Under the Restructured Aircraft Purchase Agreements, as of January 31, 2013, American will have firm aircraft orders for 111 737 aircraft, 18 777 aircraft and 42 787 aircraft, with the option to purchase 40 737 aircraft, 13 777 aircraft and 58 787 aircraft.
American Airlines, Inc. (American), a wholly owned subsidiary of AMR Corporation, entered into an agreement on January 11, 2013 (the Restructuring Agreement) with The Boeing Company (Boeing) that provides for the assumption and restructuring of certain existing aircraft purchase agreements between Boeing and American, the entering into of a definitive purchase agreement with respect to Boeing 737 MAX aircraft (the MAX aircraft), certain financing commitments for Boeing Model 787-8 and 787-9 aircraft (the 787 aircraft) and certain Boeing Model 737-8 aircraft (the 737 aircraft), the assumption of certain other aircraft spare parts, support and services agreements, and a comprehensive settlement of the relationship among American and its affiliates and Boeing and certain affiliates of Boeing, including all claims asserted by Boeing and such affiliates in the Pending Cases (as defined below), with certain limited exceptions.
The Restructured Aircraft Purchase Agreements will provide for certain concessions and savings to American in connection with the acquisition by American of the 737 aircraft, the 787 aircraft and aircraft spare parts. The Restructured Aircraft Purchase Agreements will also provide for the substitution of up to 20 787-8 aircraft for 787-9 aircraft, an accelerated delivery schedule for the 787 aircraft with deliveries scheduled to commence in November 2014 and to continue in each calendar year through September 2018, and the confirmation of the purchase of the Boeing 787 aircraft, which previously had been subject to certain reconfirmation rights.
Under the Restructured Aircraft Purchase Agreements, as of January 31, 2013, American will have firm aircraft orders for 111 737 aircraft, 18 777 aircraft and 42 787 aircraft, with the option to purchase 40 737 aircraft, 13 777 aircraft and 58 787 aircraft.
