Amadeusz Juskowiak

Amr amr to hold press conference this morning

AMR Corp will hold a press conference this morning in New York at 0900 EST a company spokesman said

He would not comment on the subject of the press conference or would he confirm published reports that AMR will today announce a 25 billion dlr purchase of aircraft and engines

According to a New York Times report AMR is expected to announce the purchase of 25 widebodied longrange A300s from Airbus Industrie and 15 Boeing Co BA 767s and the choice of General Electric Co GE to supply all 80 engines for the craft The engine order alone for 80 CF80C2s would be worth about 500 mln dlrs

The Airbus plane order would be worth about 125 billion dlrs and the Boeing order about 750 mln dlrs according to the report

Reuter