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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: April 1, 2003
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)
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Item 5. Other Events
AMR Corporation (AMR) is filing herewith a press release issued on
April 1, 2003 by American Airlines, Inc. (American, a wholly owned
subsidiary of AMR) as Exhibit 99.1 which is included herein. This
press release was issued to announce that American will be relying
on the grace periods included in certain of its debt and lease
obligations while it continues negotiating restructuring agreements
with its various stakeholders.
Item 7. Financial Statements and Exhibits
The following exhibits are included herein:
99.1 Press Release
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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: April 1, 2003
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EXHIBIT INDEX
Exhibit Description
99.1 Press Release
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Exhibit 99.1
Contact: Corporate Communications
Fort Worth, Texas
817-967-1577
corp.comm@aa.com
FOR RELEASE: Tuesday, April 1, 2003
AMERICAN AIRLINES WILL USE GRACE PERIODS FOR CERTAIN DEBTS
FORT WORTH, Texas - American Airlines announced today that in
light of its precarious financial condition it will be relying on
the grace periods included in certain of its debt and lease
obligations while it continues negotiating restructuring agreements
with its various stakeholders.
The company reached significant tentative agreements with its
three organized labor unions yesterday, a major step forward in
achieving the company's continued preference for a consensual
solution to its financial restructuring.
Still, American's financial condition is weak and its
prospects remain uncertain. Not only must American Airlines secure
ratification of its new union agreements, but the company
absolutely must secure meaningful concessions from its vendors,
lessors and suppliers.
- more -
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American Uses Grace Period
April 1, 2003
Page 2
Given the impact of the continuing war in Iraq and the weak
economic conditions that are negatively impacting both American and
the industry, the days ahead will be difficult and the success of
our joint efforts is not yet assured. However, the company remains
optimistic that with meaningful cooperation from all parties
involved in the consensual restructuring process, American's
ability to succeed in these challenging times is significantly
improved.
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 document and
in documents incorporated herein by reference, the words "expects,"
"plans," "anticipates," "believes," and similar expressions are
intended to identify forward-looking statements. 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 report are based upon
information available to the Company on the date of this report.
The Company undertakes 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 factors that could cause
actual results to differ materially from our expectations.
Additional information concerning these and other factors is
contained in the Company's Securities and Exchange Commission
filings, including but not limited to the Form 10-K for the year
ended Dec. 31, 2001.
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Current AMR Corp. press releases can be found on the Internet.
The address is http://www.amrcorp.com