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Old Apr 21, 1999 | 9:52 am
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burkey
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Join Date: May 1998
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AA fleet update...

Here's some info about the fleet released this morning when AA anounced 1st quarter earnings:

AMR also announced that as it prepares for the growth associated with the delivery of more than 115 new aircraft between 1999 and 2001, American Airlines has decided to accelerate the retirement of nine DC-10 widebody aircraft and 16 Boeing 727 narrowbodies. This will eliminate American's entire DC-10 fleet by the end of 2000. The retirement of the 727 fleet will advance one year to the end of 2003, instead of 2004 as originally planned.

The new aircraft deliveries fuel the airline's continued growth plans, but the earlier retirements keep American's capacity in line with expected demand, which has slowed primarily due to weaker growth in international markets. Including the earlier retirements, American is positioned for average annual growth of approximately 3 to 3.5 percent through 2003.

"We will continue to grow the airline and look for new market opportunities. These accelerated retirements will not affect our total capacity until 2000 and 2001; they do, however underscore our commitment to keep capacity growth in line with global economic growth," said Carty. "This decision also demonstrates the flexibility of American's fleet planning to replace older aircraft with more efficient Boeing aircraft that the company is receiving over the next several years."
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