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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
_____________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of earliest event
reported: June 11, 2003
American Airlines, Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-2691 13-1502798
(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
4333 Amon Carter Blvd. Fort Worth, Texas 76155
(Address of principal executive offices) (Zip Code)
(817) 963-1234
(Registrant's telephone number)
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Item 5. Other Events
American Airlines, Inc., a wholly owned subsidiary of AMR
Corporation, is furnishing herewith actual fuel cost, traffic
and capacity results for the months of April and May 2003. American
Airlines is also furnishing herewith highlights from Mr. Arpey's
recent speech at the Merrill Lynch Global Transportation
Conference and an updated fleet plan for AMR.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
American Airlines, Inc.
/s/ Charles D. MarLett
Charles D. MarLett
Corporate Secretary
Dated: June 11, 2003
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AMR EAGLE EYE
June 11, 2003
Statements in this report contain various forward-looking
statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, which represent the Company's
expectations or beliefs concerning future events. When used in
this report, and in documents incorporated herein by reference,
the words "expects", "forecasts", "anticipates" and similar
expressions are intended to identify forward-looking statements.
Other forward-looking statements include statements which do not
relate solely to historical facts, such as, without limitation,
statements which discuss the possible future effects of current
known trends or uncertainties, or which indicate that the future
effects of known trends or uncertainties cannot be predicted,
guaranteed or assured. All forward-looking statements in this
report are based on information available to the Company on the
date of this report. The Company undertakes no obligation to
publicly update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise. This
discussion includes forecasts of costs per ASM, capacity,
traffic, fuel cost and consumption, revenue performance and cash
balances, each of which is a forward-looking statement. Forward
looking statements are subject to a number of factors that could
cause actual results to differ materially from our forecasts,
including the uncertain financial and business environment for
the Company. These uncertainties include, but are not limited
to, the struggling economy, high fuel prices, conflicts in the
Middle East, the SARS outbreak and historically low fare levels.
Additional information concerning these and other factors is
contained in the Company's Securities and Exchange Commission
Filings, including but not limited to the Company's Form 10-K for
the year ended December 31, 2002.
Monthly Update
This Eagle Eye update includes actual fuel cost, traffic and capacity
results for the months of April and May 2003. Also included are
highlights from Mr. Arpey's recent speech at the Merrill Lynch
Global Transportation Conference in New York. As Mr. Arpey
stated in that speech, our fleet in 2004 will be 21% smaller than
in 2001. Therefore, I've also attached our most current fleet
plan.
Please call if you have questions.
Kathy Bonanno
Director Investor Relations
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AMR EAGLE EYE
Unit Costs
Because of the complexity in accounting for recently announced labor, vendor
and creditor cost concessions, we are deferring to providing 2Q cost
guidance at this time.
Capacity, Traffic and Fuel
Actual Actual
Apr May
AA Mainline Ops:
Capacity yr/yr H/(L)* (6.5%) (10.1%)
Traffic yr/yr H/(L) * (4.8%) (4.8%)
Fuel (cents/gal incl. tax) 89 81
Fuel cost/gal yr/yr B/(W) (16.7%) (7.8%)
Fuel Consumption (mil. gal.) 238 241
American Eagle:
Capacity yr/yr H/(L) 14.4% 15.4%
Traffic yr/yr H/(L) 13.5% 15.6%
Note: Both AMR Consolidated and AA Mainline include TWA LLC
operations in 2002
Note: TWA LLC became part of AA/AMR on April 10th, 2001
* Excludes CRAF and charters
Recent Events
On June 10, 2003, Mr. Arpey, President and CEO of AMR Corporation, spoke
at the Merrill Lynch Global Transportation Conference in New York, NY,
as announced in the Company's 8K filing, dated June 4, 2003. His speech
included the following points:
- April yr/yr unit revenue performance outperformed the industry by more
than 1.5 points
- May unit revenue improved approximately 4.0% year-over-year (excluding
CRAF and charters)
- As of June 10, AMR estimated it had approximately $2 billion in cash
- American Airlines has received DOT approval to expand its alliance
relationship with British Airways
- The Company will need some combination of improved revenues and
additional funding in the future, most likely through a combination
of financings and asset sales, to meet its liquidity needs
Note: Industry data, as reported by the Air Transport Association, includes
Alaska, American, America West, Continental(incl. Micronesia),
Delta, Northwest, United, and USAirways
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AMR Fleet Summary YE2002 to YE2006*
American Airlines (includes ex-TW aircraft)
On Hand YOY Change On Hand
Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006
B777 43 2 1 45 45 45 46
B767-3ER 49 9 58 58 58 58
B767-200/200ER 29 (14) 10 4 15 15 25 29
A300 31 3 34 34 34 34
B757 151 (2) (9) 149 140 140 140
B737 77 12 77 77 77 89
MD82/83 358 (24) 2 15 334 334 336 351
F100 74 (36) (38) 38 0 0 0
Total Inc./(Dec.) (62) (47) 12 32 (62) (109) (97) (65)
Total 812 750 703 715 747 750 703 715 747
Temporary Storage
On Hand YOY Change On Hand
Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006
B767-200/200ER 0 14 (10) (4) 14 14 4 0
A300 3 (3) 0 0 0 0
MD82/83 4 24 (2) (15) 28 28 26 11
TotalInc./(Dec.) 35 0 (12) (19) 35 35 23 4
Total 7 42 42 30 11 42 42 30 11
Total On Hand YOY Change On Hand
Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006
Combined Fleet
Inc/(Dec) (27) (47) 0 13 (27) (74) (74) (61)
Combined Fleet 819 792 745 745 758 792 745 745 758
American Eagle
On Hand YOY Change On Hand
Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006
Saab 340 61 (30) (6) 31 25 25 25
ATR-42 26 (14) (12) 12 0 0 0
S-ATR 42 (2) 42 40 40 40
Turboprop Totals 129 (44) (20) 0 0 85 65 65 65
Embraer ERJ-145** 50 2 36 36 2 52 88 124 126
Embraer ERJ-135 40 (1) 39 39 39 39
Embraer ERJ-140 43 16 59 59 59 59
CRJ-700 8 11 6 19 25 25 25
Total AE Fleet
Inc./(Dec.) (16) 22 36 2 (16) 6 42 44
Total AE Fleet 270 254 276 312 314 254 276 312 314
On Hand YOY Change On Hand
YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006
AMR Total Fleet 1,089 (43) (25) 36 15 1,046 1,021 1,057 1,072
* Summary includes firm aircraft orders and planned fleet retirements.
** Does not include EMB 145s leased-out to Trans States (6 at YE2002,
10 at YE 2003 and thereafter)