American Airlines upsizes new EETC offering

American Airlines has launched a new enhanced equipment trust certificate (EETC) offering, initially seeking to raise $591.9 million from the sale of the notes secured on a portfolio of 16 A321Neos and five ERJ175s. The A321neos are scheduled for delivery to American between January 2022 to June 2022, while the five Embraer aircraft were already delivered new to American between October and December last year. The offering has since been upsized by the airline to a total of $757.8 million with the addition of five more A321neos, bringing the total collateral pool to 21 A321neos and five E175s. Only one