Free Trial

Air Finance Journal Copying and distributing are prohibited without permission of the publisher

AMR to pay $10.2m to keep Bombardier jets

05 January 2012

The aircraft are operated by AMR’s low-cost subsidiary, American Eagle.

Read more: AMR Holdings American Airlines (AA) Bombardier CRJ-700 American Eagle Chapter 11 New York Stock Exchange (NYSE)

AMR Holdings, American Airlines’ (AA) parent company, expects to meet overdue payments of about $10.2 million for 19 Bombardier jets, according to a bankruptcy filing issued on January 3. The company owes about...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


Upcoming Events