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AMR to reject aircraft
02 December 2011
In a letter to creditors, AMR is seeking proposals from lessors and lenders as it prepares to restructure its fleet in order to reduce costs for the airline.
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AMR
American Airlines
In a statement released by AMR on the day the company filed for bankruptcy, Beverly Goulet, vice president, corporate development and treasurer, said the company will reject some aircraft as part of its restructuring. In the letter to lessors, lenders and trustees, Goulet says: �What I am able to tell you now is that some aircraft leases will be rejected soon while others may...
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