AMR Corporation Reports Fourth Quarter 2012 Net Profit Of $262 Million, A $1.4 Billion Improvement Over Fourth Quarter 2011

AMR Corporation Reports Fourth Quarter 2012 Net Profit Of $262 Million, A $1.4
                 Billion Improvement Over Fourth Quarter 2011

Excluding reorganization and special items, the fourth quarter net loss would
be $88 million, a $121 million improvement over the same period last year

PR Newswire

FORT WORTH, Texas, Jan. 16, 2013

FORT WORTH, Texas, Jan. 16, 2013 /PRNewswire/ -- AMR Corporation, the parent
company of American Airlines, Inc., today reported results for the fourth
quarter and year ended December 31, 2012. Key points include:

  oRevenue of $24.9 billion in 2012, the highest in company history
  oFull-year operating profit of $494 million, excluding special items, a
    $749 million improvement over 2011
  oFull-year net loss of $1.9 billion. Excluding reorganization and special
    items, the full-year net loss was $130 million, a $932 million improvement
    over 2011
  oAmerican took delivery of  11 new aircraft in the fourth quarter (nine
    737-800s and two 777-300ERs) and 30 new aircraft during the full year (28
    737-800s and two 777-300ERs), putting the airline on track to have the
    youngest, most fuel-efficient fleet among U.S. network carriers by 2017

"We have made enormous progress towards building the new American," said Tom
Horton, AMR's Chairman and CEO. "It is remarkable what the American team has
been able to accomplish, including generating record revenue and a return to
an operating profit for the year while restructuring every aspect of our
company. I want to thank all of our people for their dedication, hard work and
commitment to serving our customers during this time. Our momentum is growing
toward emerging as a strong, healthy and vibrant competitor. In fact, with
what we have accomplished, we expect to show strong results beginning in the
first quarter of 2013."

In the fourth quarter, AMR reported a net profit of $262 million compared to a
net loss of $1.1 billion in the fourth quarter of 2011. AMR's fourth quarter
results include $350 million of net positive reorganization and special items,
which are detailed below.

Excluding reorganization and special items, the net loss in the fourth quarter
of 2012 was $88 million, a $121 million improvement from the prior year. The
fourth quarter of 2012 was negatively impacted by Hurricane Sandy and the
early November snow storm in the Northeast and, separately, by the residual
headwind on fourth quarter bookings from the operational disruptions
experienced in late September and early October. The cumulative impact from
these events is estimated to have reduced net profits by $142 million.

For full-year 2012, American recorded a net loss of $1.9 billion, compared to
2011's full-year net loss of $2.0 billion. AMR's full year 2012 results
include $1.7 billion of net negative reorganization and special items, which
are detailed below.

Excluding reorganization and special items, the net loss for 2012 was $130
million, a $932 million improvement over 2011. The company's operating profit,
excluding special items, of $494 million for 2012 was a $749 million
improvement over last year.

Restructuring Progress

During the last year, AMR has completed the majority of its financial
restructuring, including reducing debt, renegotiating aircraft leases and
facilities agreements, grounding older airplanes, rationalizing the regional
fleet, and renegotiating supplier relationships. AMR expects these actions to
continue to increasingly improve its cost structure in 2013, as the company
approaches its targeted restructuring related savings by the end of 2013.

In 2012:

  oAmerican achieved labor cost reductions of 17 percent across all
    workgroups, including management, independent employees and unionized
    workgroups, all of which ratified agreements for six-year terms. Progress
    was also made at American Eagle, which achieved costs savings and reached
    agreements with its unionized workgroups
  oAmerican made changes to its organizational structure to reduce management
    positions, making American's management workgroup the leanest among the
    network carriers
  oRenegotiated the financing terms for more than 400 mainline and regional
    aircraft, which includes completing its financial contracts on its 216
    Embraer aircraft. Improved terms on these aircraft significantly lower
    AMR's aircraft ownership related costs, while also harmonizing its
    aircraft retirement and new aircraft delivery schedules
  oNegotiated more than 95 percent of American's 725 facility leases
  oEvaluated and/or renegotiated over 9,000 vendor/supplier agreements –
    American's suppliers have made significant contributions to its strategic
    plan for success, allowing AMR to meet its savings objectives as outlined
    in its business plan
  oRealized over $400 million in restructuring related savings in the fourth
    quarter, primarily from renegotiated aircraft leases, reductions to
    management and support staff positions, freezing the pension plans for all
    workgroups, and sun-setting the retiree medical program for active
    employees

"Throughout 2012, we have executed on all aspects of our business plan –
streamlining our organizational structure, increasing unit revenues, reducing
unit costs, and restructuring our balance sheet," said Bella Goren, AMR's
Chief Financial Officer. "The strong financial foundation we are building
gives us the ability to deliver returns to our financial stakeholders and make
investments that create enhanced value for our customers and our people."

Revenue Performance

For the fourth quarter of 2012, the company reported consolidated revenue of
$5.9 billion, 0.3 percent lower compared to the prior year. The combined
effects of Hurricane Sandy, the November snow storm in the Northeast, and the
booking headwind from the earlier operational disruption, negatively impacted
revenue by an estimated $155 million in the fourth quarter.

Fourth quarter consolidated passenger revenue per available seat mile (PRASM)
was comparable to the same period last year, and mainline PRASM decreased by
0.4 percent. Absent the same factors that impacted revenues – described above
– American estimates that PRASM would have been approximately 2.0 percentage
points higher than the fourth quarter of 2011.

For full-year 2012, AMR reported record consolidated revenue of $24.9 billion,
up 3.7 percent compared to 2011, on 1.0 percent less capacity. For 2012, AMR's
consolidated and mainline PRASM rose 5.8 percent and 5.6 percent
year-over-year, respectively. Consolidated revenue performance was driven by a
4.6 percent year-over-year improvement in yield, or average fares paid, and
record high consolidated and mainline load factors, or percentage of seats
filled, of 82.2 percent and 82.8 percent, respectively. Domestic PRASM
improved 5.5 percent in full-year 2012 versus full-year 2011, with PRASM
increases across all five of American's hubs.

International PRASM increased 5.7 percent in 2012 over the prior year, driven
by improved yield performance across all entities and increased load factors.
"We are making tremendous progress strengthening American's global network by
focusing the flying from our hubs to the most important domestic and
international cities with the highest concentration of business travelers,"
said Virasb Vahidi, American's Chief Commercial Officer. "We are enhancing
relationships with the best international alliance partners and creating a
pipeline of industry-leading products and services, including a significant
renewal and transformation of our fleet that will drive revenue performance in
the coming years."

American's 2012 revenue improvement is a result of solid execution on its
network, alliances, and product strategy. The recent revenue progress does not
yet account for the benefits expected from initiatives accomplished in the
restructuring.

Operating Expense

For the fourth quarter, AMR's consolidated operating expenses, excluding
special items, decreased $139 million, or 2.3 percent, versus the same period
in 2011. American's mainline cost per available seat mile (unit cost) in the
fourth quarter decreased 3.3 percent versus the same period last year,
excluding special items in both periods. Taking into account the impact of
fuel hedging, AMR paid $3.22 per gallon for jet fuel in the fourth quarter
versus $3.01 a gallon in the fourth quarter of 2011, a 6.6 percent increase.
As a result, the company paid $135 million more for fuel in the fourth quarter
of 2012 than it would have paid at prevailing prices from the prior-year
period.

Excluding fuel and special items, mainline and consolidated unit costs in the
fourth quarter of 2012 decreased 8.9 percent and 7.6 percent year-over-year,
respectively, primarily driven by American's restructuring efforts. "The
significant improvement in the fourth quarter in non-fuel unit cost
underscores the results we have been able to achieve in our restructuring
efforts and the competitive cost structure we have put in place for the
future," said Bella Goren, AMR's Chief Financial Officer.

Since many of the restructuring savings were implemented near the end of the
year, AMR's full year 2012 consolidated operating expenses, excluding special
items, were up 0.3 percent, or $84 million, year-over-year. They also reflect
a negative impact of $514 million due to higher fuel prices in 2012.
American's 2012 mainline unit costs, excluding special items, increased 1.5
percent versus the prior year. Excluding fuel and special items, mainline unit
costs decreased 0.9 percent for the same period.

An unaudited summary of full-year 2012 results is available in the tables at
the back of this press release.

Cash Position

AMR ended the fourth quarter with approximately $4.7 billion in cash and
short-term investments, including a restricted cash balance of $850 million,
compared to a balance of approximately $4.7 billion in cash and short-term
investments, including a restricted balance of approximately $738 million, at
the end of the fourth quarter of 2011.

2012 Notable Accomplishments

American has made significant progress in its plan to transform the airline
into an industry leader. While the restructuring process is allowing the
company to achieve a competitive cost structure and strengthen its balance
sheet, American also showed improvement across all aspects of its business.
Key accomplishments in 2012 include:

Financial:

  oThe largest annual revenue in company history
  oUnit revenue growth that outpaced the industry average in 2012 – driven by
    strong customer demand for American's product. Mainline and consolidated
    PRASM, passenger yield and load factor in 2012 were all records for any
    year in AMR's history
  oFull-year 2012 operating profit, excluding special items, of $494 million,
    a $749 million improvement over 2011

Fleet Renewal and Transformation:

American made substantial progress on its fleet renewal plans and is on pace
to have the youngest fleet in the industry in the next five years.

  oIn the fourth quarter, the size of American's fleet of 737-800s surpassed
    that of its MD-80s. 737-800s offer a 35 percent reduction in fuel cost
    per seat versus the MD-80
  oAmerican became the first U.S. airline to take delivery of the Boeing
    777-300ER, giving the airline's fleet additional network flexibility,
    while delivering a state of the art customer experience, and better
    operating economics
  oAmerican has 59 new mainline aircraft slated for delivery in 2013 and is
    in the midst of a significant renewal and transformation of its fleet

Customer Experience Enhancements:

American has taken many steps to provide an exceptional customer experience
throughout the entire travel journey.

  oAnnounced a redesigned interior of its international widebody aircraft,
    including 777-200ERs and 767-300ERs
  oWill be the first domestic carrier to offer three-class service and fully
    lie-flat First and Business Class seats on transcontinental flights
  oInstalling Main Cabin Extra to give customers more leg room in the Coach
    cabin
  oIntroduced new travel options and a brand new booking path on AA.com
    offering customers more choices to book competitive, round-trip fares, as
    well as select new combinations of products and services customers value
    most

Network and Alliances Strategy:

American bolstered its network and alliances by expanding service from its
hubs to the domestic and international cities most desirable to high value
customers and by enhancing existing and forging new strategic partnerships.

  oInternational Expansion - American announced new routes and expansion into
    new international markets that have strong growth prospects, including:

       oManaus and Sao Paulo, Brazil; Roatan, Honduras; Asuncion, Paraguay;
         Puebla, Mexico; Bogotá, Colombia
       oDusseldorf, Germany and Dublin, Ireland
       oSeoul, South Korea

  oJoint Businesses - The continuing maturation of American's joint business
    agreements with IAG, parent of British Airways and Iberia, over the
    Atlantic, and Japan Airlines over the Pacific, were instrumental in
    driving unit revenue improvements of 5.9 percent and 9.6 percent over the
    Atlantic and Pacific in 2012, respectively
  oCodeshare - American expanded its long-standing partnership with LATAM
    Airlines group by embarking on codeshare agreements with TAM and LAN
    Colombia
  ooneworld^® - New member airberlin and members-elect Malaysia and Qatar
    Airways will bolster American's network

Reorganization and Special Items:

AMR's fourth quarter 2012 results include $350 million of net positive
reorganization and special items.

  oOf that amount, AMR recognized a $569 million non-cash income tax benefit
    from continuing operations during the fourth quarter of 2012 related to
    gains in Other Comprehensive Income
  oThe company recognized a $441 million loss in reorganization items
    resulting from certain of its direct and indirect U.S. subsidiaries'
    voluntary petitions for reorganization under Chapter 11 on November 29,
    2011. These items primarily result from estimated claims associated with
    restructuring the financing arrangements for certain debt, aircraft
    leases, as well as professional fees
  oThe company recognized $58 million in special charges, primarily
    associated with personnel related restructuring costs
  oThe fourth quarter results also include a $280 million benefit from
    settlement of a commercial dispute

AMR's full year 2012 results include $1.7 billion of net negative
reorganization and special items.

  oOf that amount, the company recognized a $2.2 billion loss in
    reorganization items resulting from certain of its direct and indirect
    U.S. subsidiaries' voluntary petitions for reorganization under Chapter 11
    on November 29, 2011. These items are primarily from estimated claims
    associated with restructuring the financing arrangements for certain debt,
    aircraft leases, and rejecting certain special facility revenue bonds, as
    well as professional fees
  oThe company recognized $387 million in special charges, primarily
    associated with personnel related restructuring costs
  oAs described above, in the fourth quarter, the company recognized a $569
    million non-cash income tax benefit from continuing operations, and a $280
    million benefit from a settlement of a commercial dispute

Capacity Guidance

AMR estimates consolidated capacity in the first quarter of 2013 to be down
1.7 percent versus the first quarter of 2012.

Factors contributing to this estimated reduction in capacity include the
absence of Leap Day in 2013, and progress American has made in implementing
its Main Cabin Extra program removing seats from the coach cabin. To date,
American has completed the retrofit of its Boeing 757 and 767 fleets, has
completed approximately half of its 737 fleet, and will commence the retrofit
of the MD-80 fleet in January 2013 with completion targeted for the second
quarter.

As previously reported, American experienced an unusually high number of pilot
retirements in the fall of 2011 that resulted in capacity reductions for the
period November 2011 to February 2012.

Absent the impact of the capacity reductions in January and February of 2012
due to pilot retirements, consolidated capacity in the first quarter of 2013
is estimated to be down 3.4 percent year-over-year.

First Quarter Unit Costs Guidance

AMR will continue to realize restructuring related savings and estimates that
in the first quarter of 2013, unit costs will improve year-over-year, despite
a capacity headwind due to consolidated capacity decreasing by 1.7 percent and
lapping some restructuring related savings that impacted the first quarter of
last year.

About American Airlines

American Airlines, American Eagle^® and the AmericanConnection^® carrier serve
260 airports in more than 50 countries and territories with, on average, more
than 3,500 daily flights. The combined network fleet numbers nearly 900
aircraft. American's award-winning website, AA.com^®, provides users with easy
access to check and book fares, plus personalized news, information and travel
offers. American Airlines is a founding member of the oneworld^® alliance,
which brings together some of the best and biggest names in the airline
business, enabling them to offer their customers more services and benefits
than any airline can provide on its own. Together, its members and
members-elect serve more than 900 destinations with more than 9,000 daily
flights to 150 countries and territories. American Airlines, Inc. and American
Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines,
American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of
American Airlines, Inc. AMR Corporation common stock trades under the symbol
"AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.

Cautionary Statement Regarding Forward-Looking Statements and Information

This news release could be viewed as containing forward-looking statements or
information. Actual results may differ materially from the results suggested
by the statements and information contained herein for a number of reasons,
including, but not limited to, the impact of the restructuring of the company
and certain of its U.S. subsidiaries, the company's ability to refinance,
extend or repay its near and intermediate term debt, the company's substantial
level of indebtedness and related interest rates, the potential impact of
volatile and rising fuel prices, impairments and restructuring charges, and
the potential impact of labor unrest. Because of the company's restructuring,
there can be no assurance as to the future value of the company's or any of
its subsidiaries' securities, including AMR common stock, which could have
little or no value at the end of the restructuring process. Accordingly, the
company urges that caution be exercised with respect to existing and future
investments in any of these securities (including the company's common stock)
or other claims. Readers are referred to the documents filed by the company
with the Securities and Exchange Commission, including the company's Form 10-K
for the period ended December 31, 2011, which further identify the important
risk factors that could cause actual results to differ materially from the
forward-looking statements in this news release. The company disclaims any
obligation to update any forward-looking statement or information.

Detailed financial information follows:



AMR CORPORATION

CONSOLIDATED STATEMENT OF OPERATIONS

(in millions, except per share amounts)

(Unaudited)
                                          Three Months Ended
                                                                       Percent
                                          December 31,
                                          2012            2011         Change
Revenues
 Passenger - American Airlines         $    4,440  $   4,439  0.0
 - Regional          706             701          0.8
Affiliates
 Cargo                                 170             171          (0.6)
 Other revenues                        621             645          (3.7)
 Total operating revenues            5,937           5,956        (0.3)
Expenses
 Aircraft fuel                           2,162           2,006        7.8
 Wages, salaries and benefits            1,555           1,790        (13.1)
 Other rentals and landing fees          314             361          (13.0)
 Maintenance, materials and repairs      354             301          17.7
 Depreciation and amortization           239             271          (11.7)
 Commissions, booking fees and credit    244             253          (3.5)
card expense
 Aircraft rentals                        140             179          (21.8)
 Food service                            142             128          10.7
 Special charges                         58              725          (92.0)
 Other operating expenses                725             725          (0.0)
 Total operating expenses              5,933           6,739        (12.0)
Operating Income (Loss)                   4               (783)        *
Other Income (Expense)
 Interest income                         6               6            1.6
 Interest expense                        (159)           (199)        (20.3)
 Interest capitalized                    14              12           10.6
 Miscellaneous – net                     270             (13)         *
 Total other income                    131             (194)        *
Income (Loss) Before Reorganization       135             (977)        *
Items, Net
Reorganization Items, Net                 (441)           (118)        *
Income Before Income Taxes                (307)           (1,095)      (72.0)
Income tax                                (569)           -            *
Net Income                                $    262    $ (1,095)   *
Earnings Per Share
Basic                                     $    0.78    $  (3.27)
Diluted                                   $    0.69    $  (3.27)
Number of Shares Used in Computation
Basic                                   335             335
Diluted                                 382             335
* Greater than 100%





AMR CORPORATION

OPERATING STATISTICS

(Unaudited)


OPERATING STATISTICS BY REGIONAL ENTITY
American Airlines, Inc. Three Months Ended December 31, 2012
Entity Results          RASM^1       Y-O-Y         ASMs^2      Y-O-Y
                        (cents)      Change        (billions)  Change
DOT Domestic            11.8         0.3%          22.0        (1.0%)
International           11.9         (1.4%)        15.4        2.5%
 DOT Latin America  13.3         (5.4%)        8.1         9.4%
 DOT Atlantic       10.5         3.7%          5.0         (9.1%)
 DOT Pacific        10.1         (1.2%)        2.3         8.5%
American Airlines, Inc. Three Months Ended December 31, 2012
Entity Results          Load Factor  Y-O-Y         Yield       Y-O-Y
                        (pts)        Change (pts)  (cents)     Change
DOT Domestic            82.7         (0.6)         14.3        1.0%
International           79.9         (0.4)         14.9        (0.9%)
 DOT Latin America  78.1         (2.3)         17.0        (2.6%)
 DOT Atlantic       82.1         1.7           12.8        1.6%
 DOT Pacific        81.1         2.0           12.4        (3.6%)
^1 Revenue per Available Seat Mile
^2 Available Seat Miles







AMR CORPORATION

OPERATING STATISTICS

(Unaudited)
                                               Three Months Ended
                                                                    Percent
                                               December 31,
                                               2012        2011     Change
AMR Corporation Consolidated
Revenue passenger miles (millions)             33,068      33,181   (0.3)
Available seat miles (millions)                40,813      40,750   0.2
Cargo ton miles (millions)                     436         441      (1.2)
Passenger load factor                          81.0%       81.4%    (0.4) pts
Passenger revenue yield per passenger mile     15.56       15.49    0.5
(cents)
Passenger revenue per available seat mile      12.61       12.61    0.0
(cents)
Cargo revenue yield per ton mile (cents)       38.98       38.77    0.5
Fuel consumption (gallons, in millions)        673         665      1.1
Fuel price per gallon (dollars)                3.22        3.01     6.6
American Airlines, Inc. Mainline Jet
Operations
Revenue passenger miles (millions)             30,558      30,640   (0.3)
Available seat miles (millions)                37,466      37,308   0.4
Cargo ton miles (millions)                     436         441      (1.2)
Passenger load factor                          81.6%       82.1%    (0.6) pts
Passenger revenue yield per passenger mile     14.53       14.49    0.3
(cents)
Passenger revenue per available seat mile      11.85       11.90    (0.4)
(cents)
Cargo revenue yield per ton mile (cents)       38.98       38.77    0.5
Operating expenses per available seat mile,    13.84       16.10    (14.0)
excluding Regional Affiliates (cents) (1)
Fuel consumption (gallons, in millions)        595         587      1.4
Fuel price per gallon (dollars)                3.22        3.02     6.6
Regional Affiliates
Revenue passenger miles (millions)             2,511       2,541    (1.2)
Available seat miles (millions)                3,347       3,442    (2.8)
Passenger load factor                          75.0%       73.8%    1.2 pts
AMR Corporation
Average Equivalent Number of Employees
American Airlines                              62,400      66,500
Other                                          13,800      13,700
Total                                          76,200      80,200
(1) Excludes $744 million and $740 million of expense incurred related to
Regional Affiliates in 2012 and 2011, respectively.





AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(in millions)

(Unaudited)
                                            Three Months Ended
                                                                       Percent
                                            December 31,
                                            2012          2011         Change
Net Income                                  $    262  $  (1,095)  *
Special Items
Revenue                                     -             43           (100.0)
Severance Related and Impairment Charges    58            725          (92.0)
Settlement of a Commercial Dispute          (280)         -            *
OCI Tax Benefit                             (569)         -            *
Reorganization Items                        441           118          *
Net Income Excluding Reorganization and     (88)          (209)        (57.9)
Special Items
* Greater than 100%





AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(in millions)

(Unaudited)
                                      Three Months Ended
                                                                       Percent
                                      December 31,
                                      2012             2011            Change
Operating Profit                      $      4   $   (783)    *
Special Items
Revenue                               $       -  $      43
Severance Related and Impairment      58               725             (92.0)
Charges
Operating Profit, excluding special   62               (15)            *
items
* Greater than 100%





AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(Unaudited)
                                                  Three Months Ended
AMR Corporation Consolidated
                                                  December 31,
(in millions, except as noted)                    2012            2011
Total operating expenses                          $    5,933  $   6,739
Available seat miles                              40,813          40,750
Operating expenses per available seat mile        14.54           16.54
(cents)
Less: Impact of special Items (cents)             0.15            1.78
Operating expenses per available seat mile,       14.39           14.76
excluding impact of special items (cents)
Percent change                                    (2.5)%
Less: Fuel expense per available seat mile        5.29            4.92
(cents)
Operating expenses per available seat mile,
excluding impact of special items and fuel        9.10            9.84
expense (cents)
Percent change                                    (7.6)%



AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(Unaudited)
American Airlines, Inc. Mainline Jet           Three Months Ended
Operations
                                               December 31,
(in millions, except as noted)                 2012              2011
Total operating expenses                       $    5,931    $   6,748
Less: Operating expenses incurred related to   744               740
Regional Affiliates
Operating expenses excluding expenses incurred $    5,187    $   6,008
related to Regional Affiliates
American mainline jet operations available     37,466            37,308
seat miles
Operating expenses per available seat mile,    13.84             16.10
excluding Regional Affiliates (cents)
Percent change                                 (14.0)%
Less: Impact of special Items (cents)          0.15              1.94
Operating expenses per available seat mile,
excluding Regional Affiliates and impact of    13.69             14.16
special items (cents)
Percent change                                 (3.3)%
Less: Fuel cost per available seat mile        5.11              4.74
(cents)
Operating expenses per available seat mile,
excluding Regional Affiliates,
                                               8.58              9.42
impact of special items, and fuel expenses
(cents)
Percent change                                 (8.9)%
Note: The Company believes that operating expenses per available seat mile,
excluding the cost of fuel and special items, assists investors in
understanding the impact of fuel prices and special items on the Company's
operations.
American Airlines, Inc. Mainline Jet           Three Months Ended
Operations
                                               December 31,
(in millions, except as noted)                 2012              2011
Operating expenses per available seat mile,
excluding Regional
 Affiliates (cents)                         13.84             16.10
Less: Fuel expense per available seat mile     5.11              4.74
(cents)
Operating expenses per available seat mile,
excluding Regional
 Affiliates and fuel expenses (cents)       8.73              11.36
Percent change                                 (23.2)%



AMR CORPORATION

CONSOLIDATED STATEMENT OF OPERATIONS

(in millions, except per share amounts)

(Unaudited)
                                             Twelve Months Ended
                                                                       Percent
                                             December 31,
                                             2012         2011         Change
Revenues
 Passenger - American Airlines            $  18,743   $  17,947   4.4
 - Regional Affiliates  2,914        2,724        7.0
 Cargo                                    669          703          (4.8)
 Other revenues                           2,529        2,605        (2.9)
 Total operating revenues               24,855       23,979       3.7
Expenses
 Aircraft fuel                              8,717        8,304        5.0
 Wages, salaries and benefits               6,897        7,053        (2.2)
 Other rentals and landing fees             1,304        1,432        (8.9)
 Maintenance, materials and repairs         1,400        1,284        9.1
 Depreciation and amortization              1,015        1,086        (6.5)
 Commissions, booking fees and credit card  1,050        1,062        (1.1)
expense
 Aircraft rentals                           550          662          (17.0)
 Food service                               536          518          3.4
 Special charges                            387          725          (46.7)
 Other operating expenses                   2,892        2,907        (0.5)
 Total operating expenses                 24,748       25,033       (1.1)
Operating Income (Loss)                      107          (1,054)      *
Other Income (Expense)
 Interest income                            26           26           (1.7)
 Interest expense                           (662)        (826)        (19.8)
 Interest capitalized                       50           40           24.8
 Miscellaneous – net                        242          (47)         *
 Total other income                       (344)        (807)        (57.4)
Income (Loss) Before Reorganization Items,   (237)        (1,861)      (87.3)
Net
Reorganization Items, Net                    (2,208)      (118)        *
Income Before Income Taxes                   (2,445)      (1,979)      23.6
Income tax                                   (569)        -            *
Net Income                                   $ (1,876)   $ (1,979)   (5.2)
Earnings Per Share
Basic                                        $  (5.60)  $  (5.91)
Diluted                                      $  (5.60)  $  (5.91)
Number of Shares Used in Computation
Basic                                      335          335
Diluted                                    335          335
* Greater than 100%







AMR CORPORATION

OPERATING STATISTICS

(Unaudited)
OPERATING STATISTICS BY REGIONAL ENTITY
American Airlines, Inc. Twelve Months Ended December 31, 2012
Entity Results          RASM^1       Y-O-Y         ASMs^2      Y-O-Y
                        (cents)      Change        (billions)  Change
DOT Domestic            12.2         5.5%          89.9        (1.9%)
International           12.4         5.7%          62.7        0.1%
 DOT Latin America  13.9         3.8%          31.3        4.4%
 DOT Atlantic       11.2         5.9%          22.3        (6.6%)
 DOT Pacific        10.5         9.6%          9.1         3.5%
American Airlines, Inc. Twelve Months Ended December 31, 2012
Entity Results          Load Factor  Y-O-Y         Yield       Y-O-Y
                        (pts)        Change (pts)  (cents)     Change
DOT Domestic            83.7         0.5           14.6        5.0%
International           81.6         1.5           15.2        3.8%
 DOT Latin America  80.4         (0.4)         17.3        4.3%
 DOT Atlantic       82.9         2.9           13.5        2.3%
 DOT Pacific        82.4         4.3           12.7        3.9%
^1 Revenue per Available Seat Mile
^2 Available Seat Miles







AMR CORPORATION

OPERATING STATISTICS

(Unaudited)
                                                  Twelve Months Ended
                                                                       Percent
                                                  December 31,
                                                  2012       2011      Change
AMR Corporation Consolidated
Revenue passenger miles (millions)                136,620    136,386   0.2
Available seat miles (millions)                   166,224    167,828   (1.0)
Cargo ton miles (millions)                        1,761      1,783     (1.2)
Passenger load factor                             82.2%      81.3%     0.9 pts
Passenger revenue yield per passenger mile        15.85      15.16     4.6
(cents)
Passenger revenue per available seat mile (cents) 13.03      12.32     5.8
Cargo revenue yield per ton mile (cents)          37.97      39.40     (3.7)
Fuel consumption (gallons, in millions)           2,723      2,756     (1.2)
Fuel price per gallon (gallons)                   3.20       3.01      6.3
American Airlines, Inc. Mainline Jet Operations
Revenue passenger miles (millions)                126,406    126,491   (0.1)
Available seat miles (millions)                   152,628    154,321   (1.1)
Cargo ton miles (millions)                        1,761      1,783     (1.2)
Passenger load factor                             82.8%      82.0%     0.9 pts
Passenger revenue yield per passenger mile        14.83      14.19     4.5
(cents)
Passenger revenue per available seat mile (cents) 12.28      11.63     5.6
Cargo revenue yield per ton mile (cents)          37.97      39.40     (3.7)
Operating expenses per available seat mile,       14.27      14.30     (0.2)
excluding Regional Affiliates (cents) (1)
Fuel consumption (gallons, in millions)           2,410      2,445     (1.5)
Fuel price per gallon (gallons)                   3.20       3.01      6.3
Regional Affiliates
Revenue passenger miles (millions)                10,214     9,895     3.2
Available seat miles (millions)                   13,595     13,507    0.7
Passenger load factor                             75.1%      73.3%     1.9 pts
AMR Corporation
Average Equivalent Number of Employees
American Airlines                                 64,550     66,500
Other                                             13,200     13,600
Total                                             77,750     80,100
(1) Excludes $3 billion and $3.1 billion of expense incurred related to
Regional Affiliates in 2012 and 2011, respectively.





AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(in millions)

(Unaudited)
                                             Twelve Months Ended
                                                                       Percent
                                             December 31,
                                             2012         2011         Change
Net Income                                   $  (1,876)  $  (1,979)  (5.2)
Special Items
Revenue                                      -            43           (100.0)
Severance Related and Impairment Charges     387          756          (48.8)
Settlement of a Commercial Dispute           (280)        -            *
OCI Tax Benefit                              (569)        -            *
Reorganization Items                         2,208        118          *
Net Income Excluding Reorganization and      (130)        (1062)       (87.7)
Special Items
* Greater than 100%





AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(in millions)

(Unaudited)
                                          Twelve Months Ended
                                                                    Percent
                                          December 31,
                                          2012          2011        Change
Operating Profit                          $    107  $ (1,054)  *
Special Items
Revenue                                   -             43          (100.0)
Severance Related and Impairment Charges  387           756         (48.8)
Operating Profit, excluding special items 494           (255)       *
* Greater than 100%





AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(Unaudited)
                                                      Twelve Months Ended
AMR Corporation Consolidated
                                                      December 31,
(in millions, except as noted)                        2012         2011
Total operating expenses                              $  24,748  $  25,033
Available seat miles                                  166,224      167,828
Operating expenses per available seat mile (cents)    14.89        14.92
Less: Impact of special Items (cents)                 0.23         0.45
Operating expenses per available seat mile, excluding
impact of
 special items (cents)                              14.66        14.47
Percent change                                        1.3%
Less: Fuel expense per available seat mile (cents)    5.25         4.95
Operating expenses per available seat mile, excluding
impact of special items and fuel expense (cents)      9.41         9.52
Percent change                                        (1.1)%



AMR CORPORATION

NON-GAAP AND OTHER RECONCILIATIONS

(Unaudited)
American Airlines, Inc. Mainline Jet          Twelve Months Ended
Operations
                                              December 31,
(in millions, except as noted)                2012              2011
Total operating expenses                      $  24,784       $  25,128
Less: Operating expenses incurred related to  3,007             3,055
Regional Affiliates
Operating expenses excluding expenses         $  21,777       $  22,073
incurred related to Regional Affiliates
American mainline jet operations available    152,628           154,321
seat miles
Operating expenses per available seat mile,   14.27             14.30
excluding Regional Affiliates (cents)
Percent change                                (0.2)%
Less: Impact of special Items (cents)         0.25              0.49
Operating expenses per available seat mile,
excluding Regional
 Affiliates and impact of special items    14.02             13.81
(cents)
Percent change                                1.5%
Less: Fuel cost per available seat mile       5.05              4.76
(cents)
Operating expenses per available seat mile,
excluding Regional Affiliates,
 impact of special items, and fuel         8.97              9.05
expenses (cents)
Percent change                                (0.9)%
Note: The Company believes that operating expenses per available seat mile,
excluding the cost of fuel and special items, assists investors in
understanding the impact of fuel prices and special items on the Company's
operations.
American Airlines, Inc. Mainline Jet          Twelve Months Ended
Operations
                                              December 31,
(in millions, except as noted)                2012              2011
Operating expenses per available seat mile,
excluding Regional
 Affiliates (cents)                        14.27             14.30
Less: Fuel expense per available seat mile    5.05              4.76
(cents)
Operating expenses per available seat mile,
excluding Regional
 Affiliates and fuel expenses (cents)      9.22              9.54
Percent change                                (3.3)%



Aircraft in Service
As of December 31, 2012
                              Mainline Aircraft in Service
Mainline Aircraft             YE2012A    1QE    2QE     3QE     4QE    YE2013E
McDonnell Douglas MD-80       190        (7)    (6)     (12)    (14)   151
Boeing 737-800                195        9      9       8       5      226
Boeing 757-200                102        (5)    (3)     (2)     (2)    90
Boeing 767-200ER              14         (2)    0       0       (4)    8
Boeing 767-300ER              58         0      0       0       0      58
Boeing 777-200ER              47         0      0       0       0      47
Boeing 777-300ER              2          3      3       1       1      10
Airbus A319                   0          0      0       10      5      15
Airbus A321                   0          0      0       0       5      5
Total Mainline Aircraft       608        (2)    3       5       (4)    610
                              Regional Aircraft in Service
Regional Aircraft             YE2012A    1QE    2QE     3QE     4QE    YE2013E
Embraer RJ-135                21         (2)    (8)     (4)     (7)    0
Embraer RJ-140                74         0      0       0       (3)    71
Embraer RJ-145                118        0      0       0       0      118
Bombardier CRJ-200            12         11     0       0       0      23
Bombardier CRJ-700            47         0      0       0       0      47
Super ATR                     9          (3)    (6)     0       0      0
Total Regional Aircraft       281        6      (14)    (4)     (10)   259
Regional fleet plan reflects plan for aircraft operated by wholly
owned subsidiaries of AMR and aircraft under executed air service
agreements that are operated by third parties.

Current AMR Corp. news releases can be accessed at http://www.aa.com

SOURCE AMR Corporation

Website: http://www.aa.com
Contact: Sean Collins, Media Relations, Fort Worth, Texas, +1-817-967-1577,
mediarelations@aa.com