Wells Fargo sues American Airlines over late planes
American Airlines Group Inc. was late in returning three aircraft by two, 45 and 49 days, Wells Fargo & Co. alleges in a lawsuit filed Monday in New York. Wells Fargo said the airline leased three Boeing aircraft — which have a market value of more than $15 million each — for a monthly rate of $250,000. The bank said because American was late in returning the aircraft, it had to pay extra to technical experts who had been dispatched to the return location. (Triangle Business Journal)