UNITED STATES
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: July 18, 2007
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)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-
2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-
4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition
American Airlines, Inc. is furnishing herewith a press
release issued on July 18, 2007 by its parent company, AMR
Corporation (AMR), as Exhibit 99.1 which is included herein.
This press release was issued to report AMR's second quarter
2007 results.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit 99.1 Press Release of AMR dated July 18, 2007
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/ Kenneth W. Wimberly
Kenneth W. Wimberly
Corporate Secretary
Dated: July 18, 2007
EXHIBIT INDEX
Exhibit Description
99.1 Press Release
CONTACT: Andy Backover
Corporate Communications
Fort Worth, Texas
817-967-1577
corp.comm@aa.com
FOR RELEASE: July 18, 2007
Editor's Note: A live Webcast reporting second quarter
results will be broadcast on the Internet on July 18 at 2
p.m. EDT. (Windows Media Player required for viewing)
AMR CORPORATION REPORTS A SECOND QUARTER PROFIT OF $317
MILLION, A $26 MILLION IMPROVEMENT YEAR OVER YEAR
DESPITE SIGNIFICANT WEATHER IMPACT, COMPANY CONTINUES
MOMENTUM WITH FIFTH CONSECUTIVE PROFITABLE QUARTER
AMR Continues to Strengthen Balance Sheet, Improve Liquidity
and Reinvest in its Products and Services
FORT WORTH, Texas - AMR Corporation, the parent company
of American Airlines, Inc., today reported a net profit of
$317 million for the second quarter of 2007, or $1.08 per
diluted share.
The current quarter results compare to a net profit of
$291 million, or $1.14 per diluted share, in the second
quarter of 2006.
"Our company overcame exceptional weather challenges
and historically high fuel prices to earn our fifth
consecutive quarterly profit and our largest quarterly net
profit since we launched our Turnaround Plan more than four
years ago," said AMR Chairman and CEO Gerard Arpey. "Weather
has been an enormous obstacle this year, but our employees
have stepped up to help take care of customers and continue
our momentum toward long-term success. Our improved
performance has allowed us to strengthen our balance sheet
and reinvest in products and services to create a stronger
company, but we must remain mindful that painfully high fuel
prices and continuing intense competition present formidable
challenges for the remainder of the year and beyond."
Operational Performance
American's mainline passenger revenue per available
seat mile (unit revenue) increased by 3.6 percent in the
second quarter compared to the year-ago quarter.
American's mainline load factor - or the percentage of
total seats filled - was a record 83.6 percent during the
second quarter, compared to 82.6 percent in the second
quarter of 2006. American's second-quarter yield, which
represents average fares, increased 2.3 percent compared to
the second quarter of 2006, its ninth consecutive quarter of
year-over-year yield increases.
AMR reported second quarter consolidated revenues of
approximately $5.9 billion, a decrease of 1.6 percent year
over year. AMR estimates that severe weather disruptions
reduced second quarter consolidated revenue by nearly $50
million and reduced its net profit for the second quarter by
approximately $0.12 per diluted share.
American's mainline cost per available seat mile (unit
cost) in the second quarter increased 2.4 percent year over
year, which was 1.2 percentage points higher than it would
have been if not for the significant weather impact.
Excluding fuel, mainline unit costs in the second quarter
increased by 3.5 percent year over year.
Due to weather impact and as previously disclosed on
June 22, 2007, during the period from April 1 through June
20 American cancelled 1.8 percent of its scheduled second
quarter mainline departures. Thereafter, American had more
than 1,000 weather-related cancellations during the last 10
days of June, increasing total weather-related cancellations
during the quarter to 2.1 percent of second quarter
scheduled mainline departures.
Mainline capacity, or total available seat miles, in
the second quarter decreased by 4.4 percent compared to the
same period in 2006.
"While our year-over-year capacity decline in the
second quarter includes some impact from weather
cancellations, we believe that our disciplined and careful
approach to managing capacity has been an important factor
in our improved financial performance," Arpey said. "This
approach has helped us to improve profitability and generate
better returns on our investments in the business."
Balance Sheet Improvement
Arpey noted that AMR continued to strengthen its
balance sheet in the second quarter by reducing debt and
improving its liquidity position.
AMR ended the second quarter with approximately $6.4
billion in cash and short-term investments, including a
restricted balance of $470 million, compared to a balance of
$5.7 billion in cash and short-term investments, including a
restricted balance of $525 million, at the end of the second
quarter of 2006.
AMR reduced Total Debt, which the Company defines as
the aggregate of its long-term debt, capital lease
obligations, the principal amount of airport facility tax-
exempt bonds, and the present value of aircraft operating
lease obligations, to $17.3 billion at the end of the second
quarter of 2007, compared to $19.4 billion a year earlier.
AMR reduced Net Debt, which the Company defines as Total
Debt less unrestricted cash and short-term investments, from
$14.2 billion at the end of the second quarter of 2006 to
$11.4 billion at the end of the second quarter of 2007. The
Company's interest expense was $235 million in the second
quarter of 2007, a 9.6 percent year-over-year decrease.
AMR contributed $118 million to its employees' defined
benefit pension plans in the second quarter and contributed
an additional $86 million on July 13, 2007. The Company has
contributed a total of $266 million to these plans in 2007
as part of its expected full-year contribution amount of
$364 million.
Second Quarter Highlights
. American accelerated the delivery of six additional
Boeing 737-800 aircraft into the first half of 2009 as the
Company moves forward on fleet renewal and the MD-80
replacement process while working toward its goal of
improving fleet fuel efficiency by more than 20 percent by
2020. The announcement means that American has accelerated
a total of nine 737s for delivery in the first half of 2009.
. Overhaul & Maintenance Magazine honored American and
the Transport Workers Union (TWU) with its Outstanding
Achievement Award for their work together as partners to
transform the airline's Maintenance & Engineering
organization from a cost center to a profit center.
. American announced plans to make upgrades on its entire
fleet of 124 Boeing 757 aircraft, including installation of
new seats, new cabin interiors and updated in-flight
entertainment systems.
. American announced that it is providing new in-flight
personal entertainment media players that offer free on-
demand video and audio options for passengers in its premium-
class cabins on transcontinental flights. American also
began conducting an entertainment media player test on some
of its MD-80 aircraft that fly between Los Angeles and
Chicago.
. AMR continued to improve its balance sheet by
refinancing the $442 million floating rate term loan portion
of its credit facility, refinancing $236 million in airport
facility bonds, and prepaying $48 million in aircraft debt.
These actions are expected to eliminate approximately $12
million in annual net interest expense.
. American announced and implemented a significant
upgrade to AA.com that offers customers a faster and easier
way to shop for and purchase travel. The new shopping and
ticket purchase functionality on AA.com empowers customers
to quickly evaluate flight options by providing a convenient
display of schedule, price and levels of service
combinations.
Guidance for the Third Quarter and 2007
Mainline and Consolidated Capacity
AMR expects its full-year mainline capacity to decrease
by 2.1 percent in 2007 compared to 2006, with a 2.6 percent
reduction in domestic capacity and a 1.3 percent decrease in
international capacity. On a consolidated basis, AMR
expects full-year capacity to decrease by 1.9 percent in
2007 compared to 2006. The impact of weather-related
cancellations that occurred in the first and second quarters
is included in mainline and consolidated capacity forecasts
for 2007.
AMR expects mainline capacity in the third quarter of
2007 to decrease by 2.4 percent year over year. It expects
consolidated capacity to decrease by 2.3 percent in the
third quarter of 2007 compared to the prior-year period.
Fuel Expense and Hedging
While the cost of jet fuel remains volatile, as of now
AMR is planning for an average system price of $2.24 per
gallon in the third quarter and $2.11 per gallon for all of
2007. AMR has 35 percent of its anticipated third quarter
fuel consumption capped at an average crude equivalent of
$62 per barrel (jet fuel equivalent of $1.94 per gallon),
with 31 percent of its anticipated full-year consumption
capped at an average crude equivalent of $63 per barrel (jet
fuel equivalent of $1.96 per gallon). Consolidated
consumption for the third quarter is expected to be
approximately 800 million gallons of jet fuel.
Mainline and Consolidated Unit Costs
AMR expects mainline unit costs excluding fuel to be
1.3 percent higher in 2007 versus 2006 while 2007
consolidated unit costs excluding fuel are expected to
increase 1.9 percent year over year.
In the third quarter, mainline unit costs excluding
fuel are expected to increase 1.9 percent year over year
while consolidated unit costs excluding fuel are expected to
increase 2.7 percent from the third quarter of 2006.
Following the weather impact in the first and second
quarters, full-year mainline unit costs are expected to
increase 2.3 percent in 2007 compared to 2006, while full-
year consolidated unit costs are expected to increase 2.7
percent in 2007 compared to 2006.
For the third quarter, mainline unit costs are expected
to increase 2.4 percent compared to the third quarter of
2006, while third quarter consolidated unit costs are
expected to increase 2.9 percent compared to the third
quarter of 2006.
AMR continues to target $300 million in incremental
savings for 2007, driven by such cost initiatives as
distribution cost savings, schedule simplification and on-
going fuel conservation initiatives.
Editor's Note: AMR's Chairman and Chief Executive Officer,
Gerard Arpey, and its Executive Vice President and Chief
Financial Officer, Thomas Horton, will make a presentation
to analysts during a teleconference on Wednesday, July 18,
at 2 p.m. EDT. Following the analyst call, they will hold a
question-and-answer conference call for media. Reporters
interested in listening to the presentation or participating
in the media Q&A should call 817-967-1577.
Statements in this release 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 release, the words "expects,"
"plans," "anticipates," "indicates," "believes," "forecast,"
"guidance," "outlook," "may," "will," "should," "seeks,"
"targets" and similar expressions are intended to identify
forward-looking statements. Similarly, statements that
describe the Company's objectives, plans or goals are
forward-looking statements. Forward-looking statements
include, without limitation, the Company's expectations
concerning operations and financial condition, including
changes in capacity, revenues and costs; future financing
plans and needs; overall economic and industry conditions;
plans and objectives for future operations; and the impact
on the Company of its results of operations in recent years
and the sufficiency of its financial resources to absorb
that impact. 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 release are based upon information available to the
Company on the date of this release. 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.
Forward-looking statements are subject to a number of
factors that could cause the Company's actual results to
differ materially from the Company's expectations. The
following factors, in addition to other possible factors not
listed, could cause the Company's actual results to differ
materially from those expressed in forward-looking
statements: the materially weakened financial condition of
the Company, resulting from its significant losses in recent
years; the ability of the Company to generate additional
revenues and reduce its costs; changes in economic and other
conditions beyond the Company's control, and the volatile
results of the Company's operations; the Company's
substantial indebtedness and other obligations; the ability
of the Company to satisfy
existing financial or other covenants in certain of its
credit agreements; continued high and volatile fuel prices
and further increases in the price of fuel, and the
availability of fuel; the
fiercely and increasingly competitive business environment
faced by the Company; industry consolidation; competition
with reorganized and reorganizing carriers; low fares by
historical standards and the Company's reduced pricing
power; the Company's likely need to raise additional funds
and its ability to do so on acceptable terms; changes in the
Company's corporate or business strategy; government
regulation of the Company's business; conflicts overseas or
terrorist attacks; uncertainties with respect to the
Company's international operations; outbreaks of a disease
(such as SARS or avian flu) that affects travel behavior;
labor costs that are higher than those of the Company's
competitors; uncertainties with respect to the Company's
relationships with unionized and other employee work groups;
increased insurance costs and potential reductions of
available insurance coverage; the Company's ability to
retain key management personnel; potential failures or
disruptions of the Company's computer, communications or
other technology systems; changes in the price of the
Company's common stock; and the ability of the Company to
reach acceptable agreements with third parties. 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 Annual Report on
Form 10-K/A for the year ended December 31, 2006.
Detailed financial information follows:
AMR CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share amounts)
(Unaudited)
Three Months Ended Percent
June 30,
2007 2006 Change
Revenues
Passenger - American Airlines $ 4,673 $ 4,720 (1.0)
- Regional Affiliates 658 702 (6.3)
Cargo 200 206 (2.9)
Other revenues 348 347 0.3
Total operating revenues 5,879 5,975 (1.6)
Expenses
Wages, salaries and benefits 1,655 1,680 (1.5)
Aircraft fuel 1,644 1,708 (3.7)
Other rentals and landing fees 313 334 (6.3)
Depreciation and amortization 295 291 1.4
Commissions, booking fees and
credit card expense 268 286 (6.3)
Maintenance, materials and repairs 268 238 12.6
Aircraft rentals 152 149 2.0
Food service 133 129 3.1
Other operating expenses 684 684 -
Total operating expenses 5,412 5,499 (1.6)
Operating Income 467 476 (1.9)
Other Income (Expense)
Interest income 90 68 32.4
Interest expense (235) (260) (9.6)
Interest capitalized 5 7 (28.6)
Miscellaneous - net (10) - *
(150) (185) (18.9)
Income Before Income Taxes 317 291 8.9
Income tax - - -
Net Earnings $ 317 $ 291 8.9
Earnings Per Share
Basic $ 1.28 $ 1.44
Diluted $ 1.08 $ 1.14
Number of Shares Used in
Computation
Basic 246 202
Diluted 299 262
* Greater than 100%
AMR CORPORATION
OPERATING STATISTICS
(Unaudited)
Three Months Ended
June 30, Percent
2007 2006 Change
American Airlines, Inc. Mainline Jet
Operations
Revenue passenger miles (millions) 35,669 36,857 (3.2)
Available seat miles (millions) 42,647 44,600 (4.4)
Cargo ton miles (millions) 536 562 (4.6)
Passenger load factor 83.6% 82.6% 1.0 pts.
Passenger revenue yield per
passenger mile (cents) 13.10 12.81 2.3
Passenger revenue per available
seat mile (cents) 10.96 10.58 3.6
Cargo revenue yield per ton
mile (cents) 37.25 36.59 1.8
Operating expenses per available
seat mile, excluding Regional
Affiliates (cents) (1) 11.14 10.88 2.4
Fuel consumption (gallons, in
millions) 713 737 (3.3)
Fuel price per gallon (cents) 207.5 209.5 (1.0)
Regional Affiliates
Revenue passenger miles (millions) 2,595 2,666 (2.7)
Available seat miles (millions) 3,380 3,436 (1.6)
Passenger load factor 76.8% 77.6% (0.8) pts.
AMR Corporation
Average Equivalent Number of Employees
American Airlines 71,800 73,100
Other 13,700 13,400
Total 85,500 86,500
(1) Excludes $710 million and $688 million of expense
incurred related to Regional Affiliates in 2007 and 2006,
respectively.
AMR CORPORATION
OPERATING STATISTICS
(Unaudited)
OPERATING STATISTICS BY REGIONAL ENTITY
American Airlines, Inc. Three Months Ended June 30, 2007
Entity Results RASM1 Y-O-Y ASMs2 Y-O-Y
(cents) Change (billions) Change
DOT Domestic 10.92 2.1% 27.1 (4.6)%
International 11.03 6.2 15.5 (3.9)
DOT Latin America 10.90 3.4 7.2 (0.2)
DOT Atlantic 11.33 3.6 6.6 (1.6)
DOT Pacific 10.41 26.4 1.7 (23.1)
1 Revenue per Available Seat Mile
2 Available Seat Miles
American Airlines, Inc. Three Months Ended June 30, 2007
Entity Results Load Y-O-Y
Factor Change Yield Y-O-Y
(pts) (pts) (cents) Change
DOT Domestic 86.0 1.4 12.69 0.4%
International 79.5 0.3 13.88 5.8
DOT Latin America 75.7 1.4 14.39 1.5
DOT Atlantic 82.4 (2.2) 13.74 6.3
DOT Pacific 83.7 5.2 12.43 18.7
AMR CORPORATION
NON-GAAP AND OTHER RECONCILIATIONS
(Unaudited)
Three Months Ended
American Airlines, Inc. Mainline June 30,
Jet Operations
(in millions, except as noted) 2007 2006
Total operating expenses $5,460 $5,539
Less: Operating expenses incurred
related to Regional Affiliates 710 668
Operating expenses excluding
expenses incurred related to
Regional Affiliates $4,750 $4,851
American mainline jet operations
available seat miles 42,647 44,600
Operating expenses per available
seat mile, excluding Regional
Affiliates (cents) 11.14 10.88
Less: Fuel cost per available
seat mile (cents) 3.47 3.47
Operating expenses per available
seat mile, excluding Regional
Affiliates and fuel expense 7.67 7.41
Percent change 3.5%
Note: The Company believes that operating expenses per
available seat mile, excluding the cost of fuel, assists
investors in understanding the impact of fuel prices on
the Company's operations.
AMR Corporation
Calculation of Net Debt As of June 30
(in millions, except as noted) 2007 2006
Current and long-term debt $11,705 $13,148
Current and long-term capital lease
obligations 854 972
Principal amount of certain airport
facility tax-exempt bonds and the
present value of aircraft operating
lease obligations 4,691 5,257
17,250 19,377
Less: Unrestricted cash and
short-term investments 5,900 5,154
Net Debt $11,350 $14,223
Note: The Company believes the net debt metric assists
investors in understanding changes in the Company's liquidity
and the results of its efforts to build a financial
foundation under the Company's Turnaround Plan.
AMR CORPORATION
NON-GAAP AND OTHER RECONCILIATIONS
(Unaudited)
Estimate for
American Airlines, Inc. Mainline Year Ended December 31,
Jet Operations
(in millions, except as noted) 2007 2006
Operating expenses per available
seat mile, excluding Regional
Affiliates (cents) 11.16 10.90
Less: Fuel expense per available
seat mile 3.48 3.32
Operating expenses per available seat
mile, excluding Regional Affiliates
and fuel expense (cents) 7.68 7.58
Percent change 1.3%
Estimate for
American Airlines, Inc. Mainline Three Months Ended September 30,
Jet Operations
(in millions, except as noted) 2007 2006
Operating expenses per available
seat mile, excluding Regional
Affiliates (cents) 11.29 11.02
Less: Fuel expense per available
seat mile 3.72 3.59
Operating expenses per available seat
mile, excluding Regional Affiliates
and fuel expense (cents) 7.57 7.43
Percent change 1.9%
AMR CORPORATION
NON-GAAP AND OTHER RECONCILIATIONS
(Unaudited)
Estimate for
AMR Corporation Year Ended December 31,
(in millions, except as noted) 2007 2006
Operating expenses per available
seat mile (cents) 11.78 11.47
Less: Fuel expense per available
seat mile 3.58 3.42
Operating expenses per available
seat mile, excluding fuel
expense (cents) 8.20 8.05
Percent change 1.9%
Estimate for
AMR Corporation Three Months Ended September 30,
(in millions, except as noted) 2007 2006
Operating expenses per available
seat mile (cents) 11.92 11.58
Less: Fuel expense per available
seat mile 3.82 3.69
Operating expenses per available
seat mile, excluding fuel
expense (cents) 8.10 7.89
Percent change 2.7%
AMR CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share amounts)
(Unaudited)
Six Months Ended June 30, Percent
2007 2006 Change
Revenues
Passenger - American Airlines $ 8,999 $ 8,964 0.4
- Regional Affiliates 1,216 1,271 (4.3)
Cargo 401 392 2.3
Other revenues 690 692 (0.3)
Total operating revenues 11,306 11,319 (0.1)
Expenses
Wages, salaries and benefits 3,326 3,409 (2.4)
Aircraft fuel 3,054 3,181 (4.0)
Other rentals and landing fees 642 650 (1.2)
Depreciation and amortization 585 578 1.2
Commissions, booking fees and
credit card expense 517 555 (6.8)
Maintenance, materials and repairs 516 474 8.9
Aircraft rentals 303 295 2.7
Food service 260 253 2.8
Other operating expenses 1,388 1,333 4.1
Total operating expenses 10,591 10,728 (1.3)
Operating Income 715 591 21.0
Other Income (Expense)
Interest income 167 121 38.0
Interest expense (476) (521) (8.6)
Interest capitalized 14 14 -
Miscellaneous - net (22) (6) *
(317) (392) (19.1)
Income Before Income Taxes 398 199 *
Income tax - - -
Net Income $ 398 $ 199 *
Earnings Per Share
Basic $ 1.65 $ 1.03
Diluted $ 1.38 $ 0.84
Number of Shares Used in Computation
Basic 241 194
Diluted 299 253
* Greater than 100%
AMR CORPORATION
OPERATING STATISTICS
(Unaudited)
Six Months Ended
June 30, Percent
2007 2006 Change
American Airlines, Inc. Mainline Jet
Operations
Revenue passenger miles (millions) 68,244 69,872 (2.3)
Available seat miles (millions) 84,338 87,351 (3.4)
Cargo ton miles (millions) 1,060 1,083 (2.1)
Passenger load factor 80.9% 80.0% 0.9 pts.
Passenger revenue yield per
passenger mile (cents) 13.19 12.83 2.8
Passenger revenue per available
seat mile (cents) 10.67 10.26 4.0
Cargo revenue yield per ton
mile (cents) 37.80 36.15 4.6
Operating expenses per available
seat mile, excluding Regional
Affiliates (cents) (1) 11.03 10.84 1.8
Fuel consumption (gallons, in
millions) 1,405 1,442 (2.6)
Fuel price per gallon (cents) 196.0 199.5 (1.8)
Regional Affiliates
Revenue passenger miles (millions) 4,857 4,943 (1.7)
Available seat miles (millions) 6,654 6,693 (0.6)
Passenger load factor 73.0% 73.9% (0.9) pts.
(1) Excludes $1.4 billion and $1.3 billion of expense
incurred related to Regional Affiliates in 2007 and 2006,
respectively.
AMR CORPORATION
NON-GAAP AND OTHER RECONCILIATIONS
(Unaudited)
American Airlines, Inc. Mainline
Jet Operations Six Months Ended June 30,
(in millions, except as noted) 2007 2006
Total operating expenses $10,678 $10,814
Less: Operating expenses incurred
related to Regional Affiliates 1,378 1,343
Operating expenses excluding
expenses incurred related to
Regional Affiliates $9,300 $9,471
American mainline jet operations
available seat miles 84,338 87,351
Operating expenses per available
seat mile, excluding expenses
incurred related to Regional
Affiliates (cents) 11.03 10.84
OPERATING STATISTICS BY REGIONAL ENTITY
American Six Months Ended June 30, 2007
Airlines, Inc.
Entity Results RASM1 Y-O-Y ASMs2 Y-O-Y
(cents) Change (billions) Change
DOT Domestic 10.56 1.5% 53.9 (3.9)%
International 10.87 8.5 30.4 (2.7)
DOT Latin America 11.23 7.0 15.0 0.5
DOT Atlantic 10.70 6.1 12.0 (1.8)
DOT Pacific 9.86 22.8 3.4 (17.4)
1 Revenue per Available Seat Mile
2 Available Seat Miles
American Six Months Ended June 30, 2007
Airlines, Inc.
Entity Results Load Y-O-Y
Factor Change Yield Y-O-Y
(pts) (pts) (cents) Change
DOT Domestic 82.9 0.9 12.74 0.4%
International 77.5 1.0 14.03 7.2
DOT Latin America 75.8 1.7 14.82 4.5
DOT Atlantic 78.1 (1.3) 13.70 7.9
DOT Pacific 82.9 6.1 11.89 13.8
Current AMR Corp. news releases can be accessed on the
Internet.
The address is: http://www.aa.com