Breaking Travel News

AMR and American Shelf Registration

PRNewswire-FirstCall FORT WORTH, Texas Nov. 25 :

AMR Corporation , the parent company of American Airlines, Inc., and
American Airlines today announced that they have filed a universal shelf
registration statement on Form S-3 with the Securities and Exchange
Commission in connection with the potential future offer and sale, from
time to time, of up to $3,000,000,000 aggregate amount of AMR`s common
stock, preferred stock, debt securities and other types of securities, and
American Airlines` pass through certificates, debt securities and other
types of securities.
These securities, which may be offered in one or more offerings and in any
combination, will in each case be offered pursuant to a separate
prospectus supplement issued at the time of the particular offering that
will describe the specific types, amounts, prices and terms of the offered
securities. Unless otherwise described in the applicable prospectus
supplement relating to the offered securities, the companies anticipate
using the net proceeds of each offering for general corporate purposes.
This universal shelf registration statement replaces a shelf registration
statement covering debt securities and pass through certificates filed by
American Airlines and AMR with the Securities and Exchange Commission in
2002 and a shelf registration statement covering debt securities filed by
AMR in 1998, which together had approximately $2,728,137,000 of unused
availability.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior
to the time the registration statement becomes effective. This press
release shall not constitute an offer to sell or a solicitation of an
offer to buy these securities, nor shall there be any sale of these
securities, in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

Statements in this 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 AMR`s and American Airlines` expectations or
beliefs concerning future events. When used in this release, the words
“expects,” “plans,” “anticipates,” “believes,” and similar expressions are
intended to identify forward-looking statements. Forward-looking
statements include, without limitation, the companies` expectations
concerning operations and financial conditions, including changes in
capacity, revenues, and costs, expectations as to future financing needs,
overall economic conditions and plans and objectives for future
operations, the impact on the companies of the events of September 11,
2001, and of their results of operations for the past two years and the
sufficiency of their 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 companies on
the date of this release. The companies undertake 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
companies` actual results to differ materially from those expressed in
forward-looking statements: the uncertain financial and business
environment the companies face; the struggling economy; high fuel prices
and the availability of fuel; the residual effects of the war in Iraq;
conflicts in the Middle East; historically low fare levels and the general
competitive environment; the ability of the companies to implement their
restructuring program and the effect of the program on operational
performance and service levels; uncertainties with respect to the
companies` international operations; changes in their business strategy;
actions by U.S. or foreign government agencies; the possible occurrence of
additional terrorist attacks; another outbreak of SARS; the inability of
the companies to satisfy existing liquidity requirements or other
covenants in certain of their credit agreements; and the availability of
future financing. Additional information concerning these and other
factors is contained in AMR`s and American Airlines` Securities and
Exchange Commission filings, including but not limited to their Forms 10-K
for the year ended December 31, 2002, and their Forms 10-Q for the quarter
ended September 30, 2003.
——-