AMERICAN AIRLINES GET A320NEOS FOR HALF PRICE, AIRBUS DENIES RUMOURS

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