Sun, Jan 23, 2005
AMR CFO Beer Questions Whether Huge Airliner Fits Future World
James Beer, CFO of the
parent company of American Airlines, AMR, commented last week
during a conference call the company is of the opinion the new
Airbus A380 super jumbo jet "doesn't really fit with the way we see
the world market in the future."
During the conference call, which AMR was holding to announce
the company's 4Q04 financial results, Beer talked about the
airline's plans to purchase aircraft. So far, AMR has deferred
delivery of 54 Boeing airliners due to the well known financial
problems the airline has suffered since 9/11.
However, when Beer was asked what he thought of the Boeing 7E7
Dreamliner, he did not state that the company was considering
purchasing the smaller, more economical aircraft, but he did not
close the door on it as he appeared to do with the Airbus product.
Beer stated that so far, no plans had been made, but it is "clearly
a long-term possibility."
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