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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: 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)
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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.
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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: May 31, 2002
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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
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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