American Airlines announced on Monday that it is placing an order for 260 new narrow-body jets, which includes a substantial number of Boeing’s long-awaited 737 Max 10.
The order consists of 85 of Boeing’s 737 Max 10 aircraft and 85 Airbus A321neo planes, which American Airlines intends to utilize to enhance its capacity on domestic and short-haul international routes. Additionally, the Fort Worth, Texas-based carrier is procuring 90 Embraer E175 planes.
This move by American Airlines serves as a vote of confidence for Boeing, which has encountered challenges with production issues and the certification process for new aircraft, resulting in significant delays beyond the initial projections. Earlier this year, Scott Kirby, the CEO of United Airlines, a competitor, indicated that his airline was considering fleet adjustments due to the delays in receiving their Max 10s.
Moreover, American Airlines disclosed its intention to convert orders for 30 Boeing 737 Max 8 planes, an aircraft model already prevalent in its fleet, into the larger 737 Max 10s.
In addition to the aircraft order, American Airlines unveiled plans to expand its first-class offerings on some of its narrow-body planes during its first investor day in over six years. Commencing in 2025, the airline aims to refurbish its aging Airbus A320 and A319 aircraft to accommodate more first-class seats.
The airline industry has been contending with heightened demand for first-class and premium seating, driven by customers accruing points through credit card rewards programs and displaying a willingness to invest in additional onboard space.
