American Airlines cuts Airbus A321XLR order, sells ~$1.14B in aircraft-backed bonds to fund 30+ new deliveries
American Airlines is trimming its Airbus A321XLR purchase by 20%, alongside a plan to raise more than $1.14 billion through aircraft-backed bond issuance. Proceeds are earmarked to fund 17 new aircraft purchases (and over 30 new planes in total), tightening fleet expansion while preserving financial discipline.