Fitch: American Airlines EETC 2017-2 rating unchanged by upsizing

Fitch has rated American Airlines proposed enhanced equipment trust certificates 2017-2 AA for the $544.644 million class AA notes due in October 2029 and A for the $252.254 million class A certificates due October 2029. These ratings are unchanged following American Airlines decision to upsize the size of both tranches from the original $436.7 million AA tranche and the A tranche at $202.3 million. American added seven aircraft to the collateral pool consisting of three ERJ175s, and four 737 MAX 8s. The initial base LTV for the ‘AA’ tranche is 39.0% as calculated by Fitch, and the initial ‘A’ tranche