American and Guggenheim 777 SLB approved

Washington DC
This story is sourced from Pro
See more Pro news »

American Airlines and Guggenheim Aviation Partners have received approval from the bankruptcy court to enter into a sale-leaseback for two Boeing 777-300ERs.

The aircraft, N717AN (MSN 31543) and N718AN (41665), will be delivered in November and December, according to a filing with the US Bankruptcy Court for the Southern District of New York on 21 September.

The aircraft are Fort Worth-based American's first two 777-300ERs, according to Flightglobal's Ascend Online database.

Guggenheim Aviation Investment Fund II Investment Eighty Seven and Eighty Eight will own the aircraft under the agreement. Wells Fargo will be trustee.

SkyWorks Capital advised American on the deal.

The airline has orders for 13 777-300ERs.