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: November 27, 2000 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 9. Regulation FD Disclosure AMR Corporation (the "Company") is furnishing herewith certain data regarding its fleet plan, unit costs, capacity, traffic and fuel.
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: November 27, 2000
4 November 27, 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, 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 recent order for one additional Boeing 757 and one Boeing 737-800, both for delivery in 2002. Unit Costs We have raised our unit cost expectations for both AMR Consolidated and American Jet Operations to reflect, in part, the continued upward pressure on fuel costs. While we have hedged close to 70% of our fuel needs for the 4th quarter, these hedges tend to be in crude oil. As a result of the continued divergence between crude oil and jet fuel prices, we remain exposed to this widening of this "crack spread". AMR Consolidated Cost per ASM (in cents) Actual -----Forecast----- Oct Nov Dec AMR Cost per ASM 11.40 11.29 11.04 American Jet Operations Cost per ASM (in cents) Actual -----Forecast----- Oct Nov Dec AA Cost per ASM 10.87 10.75 10.48
5 Capacity, Traffic and Fuel November capacity for AA Jet Operations is expected to come in below our prior forecast due to weather disruptions that impacted operations during the beginning of the month. Eagle capacity growth for the quarter is lower than previously planned due, in part, to the early retirement of aircraft acquired from Business Express. Actual -----Forecast------ Oct Nov Dec AA Jet Ops: Capacity (yr/yr) -2.9% -2.9% +0.8% Traffic (yr/yr) -1.4% -1.6% +7.8% Fuel ($/gal incl. tax) 0.89 0.88 0.87 Fuel Consumption (mil) 262 250 260 American Eagle: Capacity (yr/yr) +6.6% +6.4% +5.3% Traffic (yr/yr) +4.4% +3.4% +7.9% Fourth Quarter Statistics. Assuming the estimates above, we expect AA's reported capacity to decrease approximately 1.7% and traffic to increase about 1% compared to last year's fourth quarter. Adjusting for the More Room Throughout Coach program, ASMs would be up approximately 4%. Fuel. Our fourth quarter fuel forecast -- including all taxes -- is about 89 cents per gallon, roughly 45% higher than last year. Please call if you have additional questions. Michael Thomas Director, Investor Relations
6 AMR Fleet Summary YE1999 to YE2002* American Airlines On Hand YOY Change On Hand Aircraft Type YE 1999 2000 2001 2002 YE 2002 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 5 123 B737 24 27 26 21 98 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 (2) 37 Total AA Fleet 697 717 736 734 734 American Eagle On Hand YOY Change On Hand Aircraft Type YE 1999 2000 2001 2002 YE 2002 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 *Summary includes firm aircraft orders and planned fleet retirements