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<p>Posing for photos after a news conference from right are Jim Albaugh president and chief executive officer of Boeing Commercial Airplanes, Gerard J. Arpey president and CEO of AMR Corporation, Thomas Enders CEO of Airbus and Tom Horton president of American Airlines at Dallas-Fort Worth International airport in Grapevine, Texas Wednesday, July 20, 2011. American Airlines is buying at least 460 new planes over the next five years in the biggest single passenger jet order in history. And in a victory for Airbus, it's splitting the work between the European plane maker and Boeing. American will buy 260 planes from Airbus and 200 from Boeing Co.(AP Photo/LM Otero)</p>

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American orders 460 new planes from Boeing, Airbus
July 21, 2011 9 p.m.

American orders 460 new planes from Boeing, Airbus

Company has fallen from world's biggest airline to No. 3 in three years

FORT WORTH, Texas - American Airlines is revamping its fleet with a record order for at least 460 new jets, a move it says will save fuel and give passengers a quieter, more comfortable ride.