<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION0
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: December 14, 2000
AMR CORPORATION
------------------------------------------------------
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
Delaware 1-8400 75-1825172
(State of Incorporation) (Commission File Number) (IRS Employer Identification No.)
</TABLE>
4333 Amon Carter Blvd. Fort Worth, Texas 76155
----------------------------------------------
(Address of principal executive offices) (Zip Code)
(817) 963-1234
(Registrant's telephone number)
<PAGE> 2
Item 9. Regulation FD Disclosure
AMR Corporation (the "Company") is furnishing herewith certain data regarding
its fleet plan, unit costs, capacity, operational considerations, traffic and
fuel.
<PAGE> 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: December 14, 2000
<PAGE> 4
December 14, 2000
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,
and operational considerations, 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,
general economic conditions, competitive factors within the airline industry
which could affect the demand for air travel, changes in the Company's business
strategy and changes in commodity prices. 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, 1999.
FLEET PLAN
Attached you will find a copy of our most recent fleet plan for both American
Airlines and American Eagle. This plan includes AA's December 5th order for two
additional 757s for delivery in 2002, and four additional 737-800s also for
delivery in 2002. Two 777-200ERs were also ordered but delivery is not planned
until 2003.
WEATHER DISRUPTIONS
As most who follow the industry are aware, our 4th quarter operations have been
plagued by a significant increase in the amount of adverse weather relative to
the same period a year ago. Significant thunderstorm activity impacted the early
part of the quarter, particularly at our key DFW hub. Weather has also taken its
toll on operations in December. While we are pleased with the operational
benefits of our Chicago hub restructuring during the recent winter storms there,
the level of cancellations and delays were considerably higher than last year.
Additionally, recent ice storms at DFW resulted in significant cancellations on
both December 12th and 13th. Further compounding the problems at DFW have been
strong winds and storms in the northeastern part of the United States. All of
these events have resulted in a reduction in expected traffic and capacity
(passenger and cargo), added overtime expenses for flight crew and customer
service employees, and higher costs for weather related operational needs such
as de-icing. Unfortunately, our meteorologists expect continued adverse weather
to adversely affect operations into next week.
UNIT COSTS
As a result of the weather related disruptions, as well as a persistently wide
"crack spread" between crude oil and jet fuel prices (which has ranged from
$9-12 per barrel), we have again raised our unit cost expectations for both AMR
Consolidated and American Mainline Operations.
<TABLE>
<CAPTION>
AMR CONSOLIDATED COST PER ASM (IN CENTS)
----------------------------------------
ACTUAL -------FORECAST-------
NOV DEC
--- ---
<S> <C> <C>
AMR Cost per ASM 11.39 11.48
</TABLE>
<TABLE>
<CAPTION>
AMERICAN MAINLINE OPERATIONS COST PER ASM (IN CENTS)
----------------------------------------------------
ACTUAL -------FORECAST-------
NOV DEC
--- ---
<S> <C> <C>
AA Cost per ASM 10.80 10.87
</TABLE>
<PAGE> 5
CAPACITY, TRAFFIC AND FUEL
December capacity and traffic for both AA Mainline Operations and American Eagle
are expected to come in substantially below our prior forecast due to the
weather disruptions noted above.
<TABLE>
<CAPTION>
ACTUAL -------FORECAST--------
NOV DEC
--- ---
<S> <C> <C>
AA Mainline Ops:
Capacity (yr/yr) -2.9% -2.4%
Traffic (yr/yr) -1.1% 3.0%
Fuel ($/gal incl. tax) 0.88 0.97
Fuel Consumption (mil) 250 258
American Eagle:
Capacity (yr/yr) +7.8% +3.7%
Traffic (yr/yr) +6.8% +4.2%
</TABLE>
FOURTH QUARTER STATISTICS. Assuming the estimates above, we expect AA's reported
capacity to decrease approximately 3% and traffic to be approximately flat with
last year's fourth quarter. Adjusting for the More Room Throughout Coach
program, ASMs would be up approximately 2.9%.
FUEL. Our fourth quarter fuel forecast -- including all taxes -- is about
92(cent) per gallon, roughly 3% higher than our prior guidance.
Michael Thomas
Director, Investor Relations
<PAGE> 6
AMR FLEET SUMMARY YE1999 TO YE2002*
<TABLE>
<CAPTION>
AMERICAN AIRLINES
YOY Change
On Hand ---------------------------------- On Hand
Aircraft Type YE 1999 2000 2001 2002 YE 2002
------------- ------- ---- ---- ---- -------
<S> <C> <C> <C> <C> <C>
MD11 11 (4) (4) (3) 0
B777 11 16 13 5 45
B767-3ER 49 49
B767-2ER 22 22
A300 ER 10 10
--- --- --- --- ---
B767-200 8 8
DC10-10 3 (3) 0
DC10-30 5 (5) 0
A300 2-Class 25 25
B757 102 16 7 125
B737 24 27 26 25 102
B727 68 (8) (14) (26) 20
MD90 5 (5) 0
MD82/83/87 279 (3) (13) (4) 259
F100 75 75
--- --- --- --- ---
Total AA Fleet Inc./(Dec.) 20 19 4 43
Total AA Fleet 697 717 736 740 740
--- --- --- --- ---
</TABLE>
<TABLE>
<CAPTION>
AMERICAN EAGLE
YOY Change
On Hand ---------------------------------- On Hand
Aircraft Type YE 1999 2000 2001 2002 YE 2002
------------- ------- ---- ---- ---- -------
<S> <C> <C> <C> <C> <C>
Saab 340 145 (39) (5) (12) 89
ATR-42 31 (8) (12) 11
S-ATR 43 (2) (1) 40
Turboprop Totals 219 (39) (15) (25) 140
--- --- --- --- ---
Embraer ERJ-145 45 5 9 (3) 56
Embraer ERJ-135 9 24 7 0 40
Embraer ERJ-140 0 12 28 40
CRJ-700 0 3 8 11
--- --- --- --- ---
Total AE Fleet Inc./(Dec.) (10) 16 8 14
Total AE Fleet 273 263 279 287 287
--- --- --- --- ---
</TABLE>
*Summary includes firm aircraft orders and planned fleet retirements
