-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DE5VqNml+WjRLBwIRBb3HYfQE8andSiP+9sxFAs+R/Wk/+fki1oKr6L9qtVrEc4U aqtZ867q/nKDVqkq4Zxiww== 0000004515-02-000011.txt : 20020531 0000004515-02-000011.hdr.sgml : 20020531 20020531163110 ACCESSION NUMBER: 0000004515-02-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020531 ITEM INFORMATION: FILED AS OF DATE: 20020531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN AIRLINES INC CENTRAL INDEX KEY: 0000004515 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 131502798 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02691 FILM NUMBER: 02668042 BUSINESS ADDRESS: STREET 1: 4333 AMON CARTER BLVD CITY: FT WORTH STATE: TX ZIP: 76155 BUSINESS PHONE: 8179631234 MAIL ADDRESS: STREET 1: P O BOX 619616 MD5661 CITY: DALLAS FORT WORTH AI STATE: TX ZIP: 75261-9616 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN AIRWAYS INC DATE OF NAME CHANGE: 19670629 8-K 1 aa5318kb.txt AMERICAN AIRLINES 8-K 1 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: May 31, 2002 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) 2 Item 9. Regulation FD Disclosure American Airlines, Inc. (American or the Company, a wholly owned subsidiary of AMR Corporation) is furnishing herewith updated monthly guidance on unit cost, fuel, traffic and capacity for the months of March through July 2002. 3 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: May 31, 2002 4 AMR EAGLE EYE May 31, 2002 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, the words "expect", "forecast", "anticipates" and similar expressions are intended to identify forward-looking statements. All such statements are based on information available to the Company on the date of this report. The Company undertakes no obligation to update or revise any forward-looking statement, regardless of reason. This discussion includes forecasts of costs per ASM, capacity, traffic, fuel cost and fuel consumption, revenue, and earnings, each of which is a forward- looking statement. There are a number of factors that could cause actual results to differ materially from our forecasts. Such factors include, but are not limited to: the continuing impact of the events of September 11, 2001 on the Company, general economic conditions, competitive factors within the airline industry which could affect the demand for air travel, changes in the Company's business strategy, changes in commodity prices, the inability to successfully integrate the operations of TWA into those of American and to improve their profitability, higher than expected integration costs, and the inability to successfully integrate the workforce of TWA. For additional information regarding these and other factors see the Company's filings with the Securities and Exchange Commission, including but not limited to the Company's Form 10-K for the year ended December 31, 2001. Monthly Update Attached is our updated monthly guidance on unit cost, fuel, traffic and capacity for the months of March through July 2002. Unit cost for the second quarter is expected to come in approximately 3 percent higher than last year - consistent with the high end of estimates previously provided. Additionally, based on recently reported ATA revenue data for April, AA's unit revenue performance remains under pressure, with year-over-year unit revenue declines exceeding those of the industry. Key drivers of the unit revenue performance include: an above average exposure to domestic and South American markets which are showing greater year-over-year revenue declines for the industry as a whole and limited capacity in Asia where unit revenues are actually growing; a disappointing rate of recovery in business travel demand; a sizeable exposure to flow traffic; as well as recent pricing actions undertaken by the competition. The above factors will again contribute to a significant loss in the second quarter, representing a slower sequential rate of earnings recovery than experienced in the first quarter. Please call if you have additional questions. Michael Thomas Director, Investor Relations 5 AMR EAGLE EYE Unit Costs AMR Consolidated Cost per ASM (in cents) Actual Actual --------Forecast-------- Mar Apr May Jun Jul AMR Cost per ASM 11.1 11.6 11.4 11.4 11.1 Yr/Yr B/(W) 5.6% (3.5%) (4.3%) (0.9%) (3.0%) Amererican Airlines Mainline Operations Cost per ASM (in cents) Actual Actual -----Forecast-------- Mar Apr May Jun Jul AA Cost per ASM 10.8 11.2 11.0 11.0 10.8 Yr/Yr B/(W) 5.1% (4.2%) (4.5%) (0.8%) (3.2%) Capacity, Traffic and Fuel Actual Actual -----Forecast-------- Mar Apr May Jun Jul AA Mainline Ops: Capacity (yr/yr) 5.3% (8.2%) (12.3%) (11.0%)(9.0%) Traffic (yr/yr) 7.8% (10.9%)(11.3%) (9.0%) (7.0%) Fuel (cents/gal incl. tax) 68 76 78 79 79 Fuel Consumption (mil. gal.) 264 261 276 279 296 American Eagle: Capacity (yr/yr) (1.5%) (4.0%) (5.5%) (4.3%) (1.9%) Traffic (yr/yr) 7.0% 2.1% 2.1% (2.5%) (0.3%) 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 -----END PRIVACY-ENHANCED MESSAGE-----