Take that, Airbus! American Airlines puts in a big $12.3 billion order for Boeing 787 jets

News Brief: $12.3 billion. … That’s the list-price value of the 47 Boeing 787 Dreamliner jets that American Airlines is ordering. (The actual price is confidential, but it’s typically about half of the list price.) American and Airbus also agreed to terminate an order for 22 Airbus A350 jets that had been placed by US Airways before its merger with American. Choosing between Boeing and Airbus was a “difficult decision,” the airline’s president, Robert Isom, said in a news release, but going with Boeing to simplify the fleet “made the 787 a more compelling choice.” Deliveries start in 2020, and American has options for 28 more jets. For further background, check out Boeing’s news release and Bloomberg News’ analysis.