UNITED STATES
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 Report (Date of earliest event
Reported): November 17, 2004
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)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On November 17, 2004, American Airlines, Inc. (the "Company")
entered into an agreement with The Boeing Company to defer the
date of delivery of certain Boeing model 737-823 and 777-223
aircraft. The agreement is further described in a press release
issued on November 22, 2004 by the Company, a copy of which is
filed herewith as Exhibit 99.1.
The Boeing Company or one or more of its affiliates also
beneficially owns a number of aircraft that are leased to the
Company and provides financing and product support for aircraft
operated by the Company or certain of its affiliates.
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: November 22, 2004
EXHIBIT INDEX
Exhibit Description
99.1 Press Release
CONTACT: Al Becker
Corporate Communications
Fort Worth, Texas
817-967-1577
corp.comm@aa.com
FOR RELEASE: Monday, Nov. 22, 2004
AMERICAN AIRLINES, BOEING REACH AGREEMENT TO DEFER
AIRCRAFT DELIVERIES
FORT WORTH, Texas -- American Airlines and The Boeing
Company announced today that American will defer 54 of 56
aircraft originally scheduled for delivery between 2006 and 2010.
The delivery of 47 Boeing 737-800 aircraft and seven Boeing 777
aircraft will be deferred by seven years and six years,
respectively, beyond their originally scheduled delivery dates.
The arrangement allows American to postpone $1.4 billion of
capital spending previously planned for 2005 through 2007 and a
total of $2.7 billion in capital spending through 2010.
American will take delivery of two Boeing 777 aircraft in
2006, including one aircraft originally scheduled for delivery in
2007, to support its previously announced international growth.
"Deferring the delivery of 54 aircraft and the related
capital spending for up to seven years is a very important
milestone in American's Turnaround Plan. It will substantially
enhance our ability to restructure our finances," said James
Beer, American's Senior Vice President-Finance and Chief
Financial Officer. "We very much appreciate the support shown to
us by our partners at Boeing and look forward to a continuing
robust relationship between our two companies," Beer said.
A Boeing spokesperson said that Boeing already has factored
these changes into Boeing's financial guidance.
American Airlines' active fleet consists of over 730
aircraft, including 700 Boeing and McDonnell Douglas aircraft.
_____________________
Statements in this news release 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 news release, the words "expects," "plans," "anticipates,"
"indicates," "believes," "forecast," "guidance," "outlook" and
similar expressions are intended to identify forward-looking
statements. Forward-looking statements include, without
limitation, the Company's expectations concerning operations and
financial conditions, including changes in capacity, revenues,
and costs, future financing plans and needs, overall economic
conditions, plans and objectives for future operations, and the
impact on the Company of its results of operations in recent
years and the sufficiency of its financial resources to absorb
that impact. 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 release are based upon information available to the
Company on the date of this release. 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.
Forward-looking statements are subject to a number of risk
factors that could cause actual results to differ materially from
our expectations. The following factors, in addition to other
possible factors not listed, could cause the Company's actual
results to differ materially from those expressed in forward-
looking statements: changes in economic, business and financial
conditions; the Company's substantial indebtedness; continued
high fuel prices and the availability of fuel; further increases
in the price of fuel; the residual effects of the war in Iraq;
conflicts in the Middle East or elsewhere; the highly competitive
business environment faced by the Company, with increasing
competition from low cost carriers and bankrupt carriers and
historically low fare levels (which could result in a further
deterioration of the revenue environment); the ability of the
Company to implement its restructuring program and the effect of
the program on operational performance and service levels;
uncertainties with respect to the Company's international
operations; changes in the Company's business strategy; actions
by U.S. or foreign government agencies; the possible occurrence
of additional terrorist attacks; another outbreak of a disease
(such as SARS) that affects travel behavior; uncertainties with
respect to the Company's relationships with unionized and other
employee work groups; the ability of the Company to satisfy
existing financial or other covenants in certain of its credit
agreements; the availability of future financing; the ability of
the Company to reach acceptable agreements with third parties;
and increased insurance costs and potential reductions of
available insurance coverage. Additional information concerning
these and other factors is contained in the Company's Securities
and Exchange Commission filings, including but not limited to the
Form 10-K for the year ended Dec. 31, 2003.
###
AmericanAirlines We know why you fly
Current AMR Corp. releases can be accessed on the Internet.
The address is http://www.aa.com.