American Airlines will become the first U.S. airline to order new Airbus plane.
The deal for the A321XLR jetliners, announced at the Paris Air Show on Wednesday, makes the Fort Worth-based airline the first major U.S. carrier to agree to buy the longest-range narrowbody plane Airbus now offers. Under the agreement, American will convert 30 of its orders for the smaller Airbus A321neo in favor of the longer-range model, and order an 20 additional A321XLRs.
Neither American Airlines nor Airbus would disclose the financial terms of the deal, but American Airlines president Robert Isom said the XLR will initially cost the airline more than the A321neo. Since Airbus announced plans for the plane on Monday, the company has racked up eight orders for more than 160 XLRs. Air Lease Corporation, which leases hundreds of airplanes to airlines around the world, placed the initial order for 27 XLRs. Air Lease CEOAmerican is the first U.S.-based airline to order the newest Airbus plane, but Denver-based Frontier Airlines will also be flying the XLR shortly after deliveries begin in 2023.
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