Boeing to sell 47 jets to American Airlines

American Airlines canceled a deal with Airbus and announced on today that it intends to purchase 47 new Boeing Dreamliner jets.

The Boeing 787 Dreamliner jets are worth a combined sticker price of $12 billion

American also said today that it had reached an agreement with Airbus to “terminate its order for 22 A350s” in an effort to “simplify its fleet.” The company noted it already owns nearly three dozen 787s.

“We have two excellent partners in Boeing and Airbus and our relationship with both manufacturers goes back many years,” American Airlines President Robert Isom said in a statement.

He added that the decision to cancel its Airbus order — which was originally inked by US Airways before it merged with American — marked a “difficult decision” for the company.

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