American Airlines orders 460 new planes

[July 20, 2011]  FORT WORTH, Texas (AP) -- American Airlines is buying at least 460 new planes over the next five years and splitting the order between aerospace giants Boeing and Airbus.

American's parent, AMR Corp., said Wednesday it will buy 260 planes from Airbus and 200 from Boeing. It will also take options and purchase rights for up to 465 additional planes through 2025.

The airline expects the new, better-mileage planes will save money on fuel and provide more enticing amenities to passengers.

[Associated Press; By DAVID KOENIG]

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