0000006201-01-500041.txt : 20011008
0000006201-01-500041.hdr.sgml : 20011008
ACCESSION NUMBER: 0000006201-01-500041
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20010919
ITEM INFORMATION: Other events
FILED AS OF DATE: 20010919
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMR CORP
CENTRAL INDEX KEY: 0000006201
STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512]
IRS NUMBER: 751825172
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08400
FILM NUMBER: 1740090
BUSINESS ADDRESS:
STREET 1: 4333 AMON CARTER BLVD
CITY: FORT WORTH
STATE: TX
ZIP: 76155
BUSINESS PHONE: 8179631234
MAIL ADDRESS:
STREET 1: 4333 AMON CARTER BLVD
CITY: FORT WORTH
STATE: TX
ZIP: 75261-9616
8-K
1
ar9188kc.txt
AMR CORPORATION 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: September 19, 2001
AMR CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-8400 75-1825172
(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 5. Other Events
On September 11, 2001, two American Airlines aircraft were
hijacked and destroyed in terrorist attacks on The World Trade
Center in New York City and the Pentagon in northern Virginia.
On the same day, two United Air Lines aircraft were also
hijacked and used in terrorist attacks. In addition to the
loss of all passengers and crew on board the aircraft, these
attacks resulted in untold deaths and injuries to persons on
the ground and massive property damage. In the immediate
aftermath of the attacks, the Federal Aviation Administration
("FAA") closed the U.S. airspace (except for military
operations) for several days.
Subsequently, Standard & Poor's announced that it had
placed the long-term corporate credit ratings of all U.S.
airlines on CreditWatch with negative implications. Likewise,
Moody's Investors Service announced that it had placed the
credit ratings of American and a number of other U.S. airlines
on review for possible downgrade.
The impact of the events of September 11, 2001 on
American will depend on a number of factors, including the
following: (i) the number of and the size of the claims that
will be made against American arising from the events of
September 11, 2001, and the adequacy of American's insurance
to cover any liability associated with these claims; (ii) the
adverse impact of the terrorist attacks on the economy in
general; (iii) the likelihood of a further decline in air
travel because of these attacks and as a result of a reduction
in American's operations; (iv) the costs associated with new
airline security directives and any other increased regulation
of air carriers; (v) a possible increase in the price of jet
fuel; (vi) the number of crew members who may be called for
duty in the reserve forces of the armed services and the
resulting impact on American's ability to operate as planned;
and (vii) the economic losses to American from the FAA's
shutdown of the U.S. air traffic system.
American, United and other U.S. air carriers have
approached the federal government to seek legislative relief,
including governmental financial assistance. In the case of
American and United, the relief sought includes protection
from liabilities for claims relating to the attacks that may
be brought by persons other than those on the affected
aircraft. There is no assurance when or if any such relief
will be forthcoming or that it will be adequate.
At this point, American is unable to estimate the impact
on it of the events of September 11, 2001 and their
consequences. However, given the magnitude of these
unprecedented events and the possible subsequent effects,
American expects that the adverse impact to its financial
condition, its operations and its prospects will be material
and could be highly material. Furthermore, to the extent the
federal government fails to provide American adequate
protection from liabilities as discussed above, those
liabilities may exceed American's financial resources.
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.
AMR CORPORATION
/s/ Charles D. MarLett
Charles D. MarLett
Corporate Secretary
Dated: September 19, 2001