Wells Fargo analysts Sam Pearlstein and Gary Liebowitz have calculated using American Airlines’ regulatory filings, that the US carrier will pay an average of $40 million for its A320neos from Airbus – that’s more than 50% off list price and a good $3-$5 million below real market value estimates. Pearlstein and Liebowitz clarified what was contained in the total purchase commitments on firm orders at the end of this quarter quoted as $10.3 billion in AA’s quarterly-earnings filing July 20. “On July 26 we heard from American Airlines regarding our calculation that the average price it is paying for re-engined
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