American Airlines' Chapter 11 bankruptcy protection filing is affecting the carrier's sale/leaseback arrangement with European lessor AerCap. The company and American in July agreed on a sale/leaseback deal covering 35 Boeing 737-800s. AerCap notes that four of those aircraft have been delivered and leased to American; the carrier also operates two additional AerCap 737-800s. The lessor notes that “under U.S. bankruptcy law, American Airlines has the right to reject these leases; ...
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