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: September 13, 2002
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 providing herewith actual unit cost, fuel,
traffic and capacity results for the months of July and August
2002, along with current expectations for September 2002 and the
fourth quarter of 2002.
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: September 13, 2002
4
AMR EAGLE EYE
September 13, 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, and demand, 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, 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, 2001.
Monthly Update
This Eagle Eye update includes actual unit cost, fuel, traffic
and capacity results for the months of July and August 2002,
along with our current expectations for September and the fourth
quarter of 2002.
Unit costs so far this quarter are trending in line with our
prior expectation of a 3.5% decline year-over-year for the third
quarter. However, fuel price has trended up during the 3rd
quarter and remain persistently high. Bookings for September
have been generally weaker than we had been expecting, especially
in the weeks around the September 11th anniversary.
Please call if you have questions.
Michael Thomas
Director, Investor Relations
5
AMR EAGLE EYE
Unit Costs
AMR Consolidated Cost per ASM (in cents)
Actual Actual ---------Forecast----------
July August September October November December
AMR Cost per ASM 10.7 10.7 11.6 11.6 11.7 11.5
Yr/Yr B/(W) 1.1% 2.0% 11.7% 1.4% 4.2% (2.3%)
American Mainline Operations Cost per ASM (in cents)
Actual Actual ----------Forecast----------
July August September October November December
AA Cost per ASM 10.3 10.3 11.2 11.3 11.4 11.1
Yr/Yr B/(W) 1.0% 1.9% 11.5% 1.2% 3.8% (2.8%)
Capacity, Traffic and Fuel
Actual Actual -----------Forecast---------
July August September October November December
AA Mainline Ops:
Capacity yr/yr H/(L) (8.5%) (9.1%) 15.5% 7.5% 7.7% 5.6%
Traffic yr/yr H/(L) (9.7%) (9.3%) 27.0% 21.6% 12.1% 7.9%
Fuel(cents/gal incl. tax) 77 77 85 87 88 89
Fuel cost/gal yr/yr B/(W) 6.4% 3.4% (2.8%) (10.6%) (20.2%) (36.6%)
Fuel Consumption (mil. gal.) 291 289 261 267 256 266
American Eagle:
Capacity yr/yr H/(L) (5.7%)(6.5%) 11.9% 7.1% 15.4% 17.3%
Traffic yr/yr H/(L) 1.1% (0.3%) 48.3% 24.1% 24.0% 23.5%
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