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: June 11, 2003 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 AMR Corporation is furnishing herewith actual fuel cost, traffic and capacity results for the months of April and May 2003. AMR Corporation is also furnishing herewith highlights from Mr. Arpey's recent speech at the Merrill Lynch Global Transportation Conference and an updated fleet plan for AMR. 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: June 11, 2003 4 AMR EAGLE EYE June 11, 2003 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, and in documents incorporated herein by reference, the words "expects", "forecasts", "anticipates" and similar expressions are intended to identify forward-looking statements. Other forward-looking statements include statements which do not relate solely to historical facts, such as, without limitation, statements which discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. All forward-looking statements in this report are based on information available to the Company on the date of this report. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. This discussion includes forecasts of costs per ASM, capacity, traffic, fuel cost and consumption, revenue performance and cash balances, each of which is a forward-looking statement. Forward looking statements are subject to a number of factors that could cause actual results to differ materially from our forecasts, including the uncertain financial and business environment for the Company. These uncertainties include, but are not limited to, the struggling economy, high fuel prices, conflicts in the Middle East, the SARS outbreak and historically low fare levels. Additional information concerning these and other factors is contained in the Company's Securities and Exchange Commission Filings, including but not limited to the Company's Form 10-K for the year ended December 31, 2002. Monthly Update This Eagle Eye update includes actual fuel cost, traffic and capacity results for the months of April and May 2003. Also included are highlights from Mr. Arpey's recent speech at the Merrill Lynch Global Transportation Conference in New York. As Mr. Arpey stated in that speech, our fleet in 2004 will be 21% smaller than in 2001. Therefore, I've also attached our most current fleet plan. Please call if you have questions. Kathy Bonanno Director Investor Relations 5 AMR EAGLE EYE Unit Costs Because of the complexity in accounting for recently announced labor, vendor and creditor cost concessions, we are deferring providing 2Q cost guidance at this time. Capacity, Traffic and Fuel Actual Actual Apr May AA Mainline Ops: Capacity yr/yr H/(L)* (6.5%) (10.1%) Traffic yr/yr H/(L)* (4.8%) (4.8%) Fuel (cents/gal incl. tax) 89 81 Fuel cost/gal yr/yr B/(W) (16.7%) (7.8%) Fuel Consumption (mil. gal.) 238 241 American Eagle: Capacity yr/yr H/(L) 14.4% 15.4% Traffic yr/yr H/(L) 13.5% 15.6% 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 * Excludes CRAF and charters Recent Events On June 10, 2003, Mr. Arpey, President and CEO of AMR Corporation, spoke at the Merrill Lynch Global Transportation Conference in New York, NY, as announced in the Company's 8K filing, dated June 4, 2003. His speech included the following points: - April yr/yr unit revenue performance outperformed the industry by more than 1.5 points - May unit revenue improved approximately 4.0% year-over-year (excluding CRAF and charters) - As of June 10, AMR estimated it had approximately $2 billion in cash - American Airlines has received DOT approval to expand its alliance relationship with British Airways - The Company will need some combination of improved revenues and additional funding in the future, most likely through a combination of financings and asset sales, to meet its liquidity needs Note: Industry data, as reported by the Air Transport Association, includes Alaska, American, America West, Continental(incl. Micronesia), Delta, Northwest, United, and USAirways 6 * Summary includes firm aircraft orders and planned fleet retirements. ** Does not include EMB 145s leased-out to Trans States (6 at YE2002, 10 at YE 2003 and thereafter)
AMR Fleet Summary YE2002 to YE2006* American Airlines (includes ex-TW aircraft) On Hand YOY Change On Hand Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006 B777 43 2 1 45 45 45 46 B767-3ER 49 9 58 58 58 58 B767-200/200ER 29 (14) 10 4 15 15 25 29 A300 31 3 34 34 34 34 B757 151 (2) (9) 149 140 140 140 B737 77 12 77 77 77 89 MD82/83 358 (24) 2 15 334 334 336 351 F100 74 (36) (38) 38 0 0 0 Total Inc./(Dec.) (62) (47) 12 32 (62) (109) (97) (65) Total 812 750 703 715 747 750 703 715 747 Temporary Storage On Hand YOY Change On Hand Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006 B767-200/200ER 0 14 (10) (4) 14 14 4 0 A300 3 (3) 0 0 0 0 MD82/83 4 24 (2) (15) 28 28 26 11 TotalInc./(Dec.) 35 0 (12) (19) 35 35 23 4 Total 7 42 42 30 11 42 42 30 11 Total On Hand YOY Change On Hand Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006 Combined Fleet Inc/(Dec) (27) (47) 0 13 (27) (74) (74) (61) Combined Fleet 819 792 745 745 758 792 745 745 758 American Eagle On Hand YOY Change On Hand Aircraft Type YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006 Saab 340 61 (30) (6) 31 25 25 25 ATR-42 26 (14) (12) 12 0 0 0 S-ATR 42 (2) 42 40 40 40 Turboprop Totals 129 (44) (20) 0 0 85 65 65 65 Embraer ERJ-145** 50 2 36 36 2 52 88 124 126 Embraer ERJ-135 40 (1) 39 39 39 39 Embraer ERJ-140 43 16 59 59 59 59 CRJ-700 8 11 6 19 25 25 25 Total AE Fleet Inc./(Dec.) (16) 22 36 2 (16) 6 42 44 Total AE Fleet 270 254 276 312 314 254 276 312 314 On Hand YOY Change On Hand YE 2002 2003 2004 2005 2006 YE 2003 YE 2004 YE 2005 YE 2006 AMR Total Fleet 1,089 (43) (25) 36 15 1,046 1,021 1,057 1,072