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American Airlines to buy 47 Boeing jets

March 29, 2007|From Bloomberg News

AMR Corp.'s American Airlines will buy 47 Boeing Co. 737-800 jets four years earlier than planned to replace some of its oldest planes. The aircraft are valued at as much as $3.5 billion.

The new fuel-efficient planes will help American begin retiring its aging MD-80 jets as part of a plan to reduce fuel use by more than 20% by 2020. American will get the new jets starting in 2009, the Fort Worth-based airline said.

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