updated 6/29/2011 8:17:37 PM ET 2011-06-30T00:17:37

American Airlines is in talks with aircraft manufacturers Airbus and Boeing Co. to purchase at least 250 aircraft in a deal valued at about $15 billion, The Wall Street Journal said.

The report published Wednesday cites unnamed persons familiar with the matter who say American seeks to replace its entire domestic fleet.

Such a transaction would represent a potential windfall for the rival aircraft makers and a bold step by American Airline parent company AMR Corp. to lift the airline's fortunes.

The Journal report says American worked out a tentative agreement with Airbus several weeks ago without telling Boeing, then approached Boeing and asked it to make a counter offer.

American and Boeing declined to comment. Calls to Airbus were not returned.

American is based in Fort Worth, Texas.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 1.97%
$30K home equity loan FICO 5.80%
$75K home equity loan FICO 4.54%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.70%
13.70%
Cash Back Cards 17.91%
17.91%
Rewards Cards 17.17%
17.17%
Source: Bankrate.com