8-K 1 ar8218k.txt AMR CORPORATION FORM 8-K 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: August 20, 2001 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 filing herewith a press release issued by American Airlines, Inc. ("American", a wholly owned subsidiary of AMR Corporation) on August 20, 2001 as Exhibit 99.1 which is included herein. This press release was issued to announce that American would accelerate the retirement of five additional Boeing 727 aircraft and will retire its remaining four McDonnell Douglas MD-11 aircraft by November 1, 2001. Item 7. Financial Statements and Exhibits The following exhibits are included herein: 99.1 Press Release 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: August 21, 2001 4 EXHIBIT INDEX Exhibit Description 99.1 Press Release 5 Exhibit 99.1 Contact: Corporate Communications Fort Worth, Texas 817-967-1577 FOR RELEASE: Monday, Aug. 20, 2001 AMERICAN AIRLINES TO RETIRE ADDITIONAL AIRCRAFT FORT WORTH, Texas - American Airlines today announced that it would accelerate the retirement of five additional Boeing 727 aircraft. The aircraft will be grounded during the fourth quarter of 2001 and the first quarter of 2002, rather than in 2003, as originally planned. In addition, American will retire its remaining four MD-11 aircraft by Nov. 1, ahead of its previous plan to retire this fleet near year end. These actions are the most recent in a series of steps taken by American to match its fleet and capacity plans to the weaker economic climate. American announced in June that it would advance the retirement of 22 aircraft, including TWA's entire fleet of 19 DC-9s, two Boeing 727s and one Fokker 100. In July, American arranged not to take delivery of five used MD-80s that were scheduled to join the fleet this year as part of the TWA asset acquisition. And just earlier this month, American announced that it would ground five Boeing 727s, originally scheduled to leave the fleet in 2003, by the end of 2001. "This action is consistent with similar steps American has taken during recent months to better align capacity with lower demand," said Tom Horton, American's senior vice president and chief financial officer. "This is a very difficult time in the airline business, and we see no near- term improvement. We will continue to evaluate further cuts in capacity and capital spending as conditions warrant." Horton noted that, as a result of these various actions, American will hold capacity nearly flat in 2001, with a reduction of almost 1% in 2002. -- more -- 6 American Airlines to Retire Additional Aircraft Aug. 20, 2001 Page 2 Summary of AMR's 2001 Capacity Reduction Actions Date Action June 18, 2001 Announced plans to accelerate retirement of 22 aircraft -- 19 DC-9s, two Boeing 727s and one Fokker 100. July 2001 Made arrangements to not take delivery of five used MD-80s previously scheduled to join fleet as part of TWA asset acquisition. Aug. 2, 2001 Announced plans to accelerate retirement of five Boeing 727s. Aug. 20, 2001 Announced plans to accelerate retirement of additional five Boeing 727s and four MD-11s. ### Current AMR Corp. news releases can be accessed via the Internet. The address is http://www.amrcorp.com