The order comprises 22 787-8s scheduled to begin arriving in 2020 and 25 787-9s scheduled to begin arriving in 2023. They will gradually replace Boeing 767s and 777s along with European Airbus A330s, American said Friday.
The sale brings American Airlines' total number of 787s to 89 aircraft. Though the total value is $12 billion at list price, the final price paid by airlines is generally lower.
American Airlines said: "As part of the strategy to simplify its fleet, American agreed with Airbus today to terminate its order for 22 A350s, which was originally placed by US Airways," which it bought in 2013.
Chief financial officer Derek Kerr added advantages of carrying common fleet types included "creating less friction in our operation when aircraft swaps are necessary, reducing inventory needs, and creating a more consistent service for customers and team members."
American Airlines also said it had deferred delivery of 40 Boeing 737 MAX aircraft previously scheduled to arrive between 2020 and 2022. The carrier said the revised schedule "will better align with planned retirements of other narrowbody aircraft."
"We are extremely honored that American Airlines is deepening its commitment to the 787 Dreamliner," said Boeing Commercial Airplanes president Kevin McAllister in a statement. Boeing says it has more than 1,350 orders registered for the 787.
Meanwhile, Airbus announced earlier Friday it recorded 45 net orders during the first three months of 2018, and delivered 121 aircraft. The company said its overall backlog of jetliners to be delivered stood at 7,189 as of March 31.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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