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Indebtedness (Tables)
12 Months Ended
Dec. 31, 2011
Indebtedness [Abstract]  
Components Of Long-Term Debt
     December 31,
2011
     December 31,
2010
 

Secured variable and fixed rate indebtedness due through 2023 (effective rates from 1.00% - 13.00% at December 31, 2011)

   $ 2,952       $ 5,114   

Enhanced equipment trust certificates due through 2021 (rates from 5.10%—10.375% at December 31, 2011)

     1,942         2,002   

6.00%—8.50% special facility revenue bonds due through 2036

     1,436         1,641   

7.50% senior secured notes due 2016

     1,000         -   

AAdvantage Miles advance purchase (net of discount of $110 million)
(effective rate 8.3%)

     890         890   

6.25% senior convertible notes due 2014

     -           460   

9.0%—10.20% debentures due through 2021

     -           214   

7.88%—10.55% notes due through 2039

     -           211   
  

 

 

    

 

 

 
     8,220         10,532   

Less current maturities

     1,518         1,776   
  

 

 

    

 

 

 

Long-term debt, less current maturities

   $ 6,702       $ 8,756   
  

 

 

    

 

 

 
Schedule Of Maturities Of Long-Term Debt And Operating Lease Payments
Years Ending December 31
(in millions)
  Principal Not Subject
to Compromise
    Principal Subject
to Compromise
    Total Principal
Amount
 
2012     $1,479        $295        $1,774   
2013     889        209        1,098   
2014     752        776        1,528   
2015     655        173        828   
2016     1,634        240        1,874   
Schedule Of Collateral Coverage Tests
       

(1)

10.5% $450M

Senior Secured Notes

     

(2)

Senior Secured Notes

     

(3)

2005 Spare Engine

EETC

       

Frequency of

Appraisals

     

Semi-Annual
(April and October)

      Semi-Annual

(June and December,
commencing December 2011)

       

 

Semi-Annual

(April and October)

  

 

       
         
  LTV Requirement      

43%; failure to meet collateral
test requires posting of additional collateral

    1.5x Collateral valuation to
amount of debt outstanding
(67% LTV); failure to meet
collateral test results in
American paying 2% additional
interest until the ratio is at least
1.5x; additional collateral can
be posted to meet this
requirement
       
 

 

32.8% applicable to the one Tranche
only;

failure to meet collateral test requires
posting of additional cash collateral

  
  

 

   

LTV as of

Last Measurement

Date

     

44.1%

    65.5%         31.8%       

Collateral

Description

      143 aircraft consisting of:             87 spare aircraft engines consisting of:       
    Type   # of Aircraft       Generally, certain route

authorities, take-off and landing

slots, and rights to airport
facilities used by American to
operate certain services
between the U.S. and London
Heathrow, Tokyo Narita/
Haneda, and China

         
    MD-80   74             Engine/Associated Aircraft        # of   
    B757-200   41             JT8D-219/MD-80        47   
    B767-200ER   3             RB211-535E4B/B757-200        22   
    B767-300ER   25             CF6-80A/B767-200ER        3   
    TOTAL   143             CF6-80C2 B6/B767-300ER        12   
                  CF6-80C2 A5/A300        3   
                          TOTAL        87