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American Airlines Announces Tender Offer Results

American Airlines, Inc., a
wholly owned subsidiary of AMR Corporation , today announced the results
of its cash purchase offer (the “Offer”) relating to the 7 percent
Alliance Airport Authority, Inc., Special Facilities Revenue Bonds, Series
1991, American Airlines, Inc., Project (the “Bonds”). The Bonds are due
Dec. 1, 2011, and have a CUSIP of 01852LAB6. The Offer, which was originally announced on Aug. 18, 2004, and was
extended on Sept. 18, 2004, expired at 5 p.m. Eastern Time on Tuesday,
Sept. 28, 2004.

Subject to the terms of the Offer, American has determined under a
Modified Dutch Auction procedure that the Purchase Price is 84.75 percent
of the principal amount of Bonds accepted or $4,237.50 per $5,000
principal amount of bonds accepted.

All Bonds tendered without a tender price, at a tender price below the
Purchase Price or at the Purchase Price, have been accepted for purchase,
subject to the terms and conditions of the Offer, without proration. All
Bonds tendered at a price in excess of the Purchase Price have not been
accepted for purchase.

American expects the Settlement Date to be Sept. 30, 2004, subject to
change as provided in the Offer. All bonds tendered and purchased in the
Offer will receive, in addition to the Purchase Price, accrued and unpaid
interest up to but excluding the Settlement Date. Bonds tendered and not
accepted for purchase will be returned through the DTC system as provided
in the Offer.

Of the $125,745,000 principal amount of Bonds outstanding at the beginning
of the tender, a total of $76,220,000 principal amount of Bonds has been
accepted for purchase by American and a total of $49,525,000 principal
amount of Bonds will remain outstanding following settlement.
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