American Airlines Retires All Airbus A330s + $2.4 Billion Loss

American has announced its third quarter results and fleet updates.



Today, American Airlines has reported its third quarter 2020 results:

  • Net loss of $2.4 billion
  • In comparison, American reported a $2.1 billion net loss in the second quarter of 2020.
  • Passenger revenues fell by 73% to $3.2 billion

Fleet Changes:

Months ago, American Airlines retired its Boeing 757, 767, Embraer 190, CRJ-200, and Airbus A330-300 fleet in response to lower demand. Additionally, American placed its 15 Airbus A330-200s into long-term storage.

Today, American announced it has decided to retire these 15 Airbus A330-200s sitting in long-term storage. This means American has retired all Airbus A330s.

  • These 15 aircraft were acquired through the US Airways merger.
  • These A330-200s are still relatively new with the oldest being 11.5 years old and the youngest being 6.5 years old. It’ll be interesting to see where these 15 aircraft end up.
  • American recently finished installing Premium Economy on these A330-200s. Additionally, one A330-200 received an updated Economy Class.
  • Going forward, American’s widebody fleet will consist of Boeing 787s and 777s.

Additionally:

  • American is deferring deliveries of 18 737 MAX aircraft scheduled to be delivered in 2021/22 to 2023/24.
  • American has entered a sale-leaseback transactions to finance its remaining Airbus A321neo aircraft deliveries in 2021.

Image Credits/Source

Image: https://www.jetphotos.com/photo/9452560

Source: https://news.aa.com/news/news-details/2020/American-Airlines-Reports-Third-Quarter-2020-Financial-Results-CORP-FI-10/default.aspx

With American retiring its entire Airbus A330 fleet, Delta Air Lines will now be the only major operator of widebody Airbus aircraft in the United States.

I’ve flown on American’s A330-200 once and had a good experience, so I’ll miss this aircraft.

22 Likes

What aircraft does American even have anymore? 😂 They’ve retired so many aircraft now…

6 Likes

hmm… A320 Family, 737, 777 and 787.

1 Like

well it might be there downfall since the merger from what I remember

As someone who pays close attention to the deliveries since the ones from Hamburg pass through here usually what if anything does this mean for there delivery schedule going forward?

1 Like

Really American.

Really sad seeing the American A330s go. Before the pandemic I used to see them everyday

1 Like

Shouldn’t mean anything as it’s just a financing agreement. Formally the planes are owned by the lessor and are on a long-term lease to American.
The only thing that might be different is that at times these planes have to pass through the airspace of the country of the lessor to sign some documents, which might affect the routing/length of the delivery flights. Not sure if that is applicable here.

2 Likes

Wonder if these aircrafts will even have a future after American… I’ve flown on the A330 many times, mainly from PHL to LAX/SFO, and loved spotting them at PHL. Thanks for the info!

1 Like

Well, they have 133 Airbus A319-100s, 48 A320-200s, 218 Airbus A321-200s, 23 Airbus A321neos with 47 on order, 50 Airbus A321xlrs on order, 304 Boeing 737-800s, 24 737-MAX 8s with 76 on order, 47 Boeing 777-200ERs, 20 Boeing 777-300ERs, 23 787-8s with 19 on order, and 22 Boeing 787-9s with 25 on order.

To answer the second question, since 2019 they have retired all of their MD-82s and MD-83s, their Embraer E190s, their Boeing 757-200s, their Boeing 767-300ERs, and finally their Airbus A330-200s and Airbus A330-300s

1 Like

Anyone else more upset about the Maddogs and 757s/767s being retired?
I mean yeah, it’s sad, but those aircraft were so great, though I do like the A330 don’t get me wrong.

2 Likes

What Julian said

Not 100% sure on this, but can airlines decide where they want their aircraft to be produced? Like can American ask Airbus to produce its A321neos solely from the U.S. plant in Mobile?

Not sure if I’ve been missing something, but I feel like American’s last few A321neos have all been produced out of Mobile instead of Hamburg.

2 Likes

To some extent certainly, yes.

I am pretty sure the reason for that are high tariffs on importing Airbus planes into the US thanks to a long-standing trade disagreement between the EU and the US:

This was one of the main reasons for the Mobile plant in the first places as far as I am aware.

2 Likes

At least they didn’t touch the E145s 😌

I’m pretty sure this is why Delta has some of their A350s delivered to Atlanta via Tokyo from Toulouse. (Correct me if im wrong).

1 Like

I forgot that, but you are absolutely right, thanks for the reminder!

Edit:

1 Like

oh damn really!?

so many of the best aircraft has been retired in 2020 COVID, I hope it can get better for airlines