5Three Months EndedAmerican Airlines Inc

In the first quarter of 2009, mainline unit costs excluding fuel are expectedto increase 10.2 percent year over year while consolidated unit costsexcluding fuel are expected to increase 9 percent from the first quarter of2008.Full-year mainline unit costs are expected to decrease 6.6 percent in 2009compared to 2008, while full-year consolidated unit costs are expected todecrease 7.1 percent in 2009 compared to 2008.AMR expects mainline unit costs excluding fuel to be 9.2 percent higher in2009 versus 2008, while 2009 consolidated unit costs excluding fuel areexpected to increase 7.6 percent year over year.Factors driving the 2009 unit cost increases include: increased definedbenefit pension expenses and employee and retiree medical expenses; unit costpressure associated with capacity reductions in 2009 that were announcedtoday, including increased facility and landing fees; and dependabilityinitiatives.The largest factor driving increased unit costs is higher pension expense,largely the result of negative investment returns on the Company's pensionassets in 2008 related to the broader stock market decline. At the end of2008, the accumulated benefit obligation (ABO) funded status of AMR's pensionplans was approximately 69 percent, compared to 96 percent at the end of 2007.While a material decline, the Company maintains a conservative investmentportfolio with a significant position in U.S Treasury and U.S agency bonds. and non-U.S.plans) declined by approximately 33 percentage points from year-end 2007 toyear-end 2008.Editor's Note: AMR's Chairmanand Chief Executive Officer, Gerard Arpey, andits Executive Vice President and Chief Financial Officer, Thomas Horton, willmake a presentation to analysts during a teleconference on Wednesday, January21, at 2 p.m. EST.Following the analyst call, they will hold aquestion-and-answer conference call for media.Reporters interested inlistening to the presentation or participating in the media Q&A should call817-967-1577.Editor's Note:A live Webcast reporting fourth quarter results will bebroadcast on the Internet on Jan 21 at 2 p.m. EST (Windows Media Playerrequired for viewing)Statements in this release contain various forward-looking statements withinthe meaning of Section 27A of the Securities Act of 1933, as amended, andSection 21E of the Securities Exchange Act of 1934, as amended, whichrepresent the Company's expectations or beliefs concerning future events. When used in this release, the words "expects," "plans," "anticipates," "indicates," "believes," "forecast," "guidance," "outlook,""may," "will," "should," "seeks," "targets" and similar expressions areintended to identify forward-looking statements.Similarly, statements thatdescribe the Company's objectives, plans or goals are forward-lookingstatements.Forward-looking statements include, without limitation, theCompany's expectations concerning operations and financial conditions,including changes in capacity, revenues and costs; future financing plans andneeds; fleet plans; overall economic and industry conditions; plans andobjectives for future operations; regulatory approvals and actions, includingthe Company's application for antitrust immunity with other oneworld alliancemembers; and the impact on the Company of its results of operations in recentyears and the sufficiency of its financial resources to absorb that impact.Other forward-looking statements include statements which do not relate solelyto historical facts, such as, without limitation, statements which discuss thepossible future effects of current known trends or uncertainties, or whichindicate that the future effects of known trends or uncertainties cannot bepredicted, guaranteed or assured.All forward-looking statements in thisrelease are based upon information available to the Company on the date ofthis release. The Company undertakes no obligation to publicly update orrevise 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 causethe Company's actual results to differ materially from the Company'sexpectations.The following factors, in addition to other possible factorsnot listed, could cause the Company's actual results to differ materially fromthose expressed in forward-looking statements:the materially weakenedfinancial condition of the Company, resulting from its significant losses inrecent years; the ability of the Company to generate additional revenues andreduce its costs; changes in economic and other conditions beyond theCompany's control, and the volatile results of the Company's operations; theCompany's substantial indebtedness and other obligations; the ability of theCompany to satisfy existing financial or other covenants in certain of itscredit agreements; continued high and volatile fuel prices and furtherincreases in the price of fuel, and the availability of fuel; the fiercely andincreasingly competitive business environment faced by the Company; industryconsolidation; competition with reorganized carriers; low fare levels byhistorical standards and the Company's reduced pricing power; the Company'sneed to raise substantial additional funds and its ability to do so onacceptable terms; changes in the Company's corporate or business strategy;government regulation of the Company's business; conflicts overseas orterrorist attacks; uncertainties with respect to the Company's internationaloperations; outbreaks of a disease (such as SARS or avian flu) that affectstravel behavior; labor costs that are higher than those of the Company'scompetitors; uncertainties with respect to the Company's relationships withunionized and other employee work groups; increased insurance costs andpotential reductions of available insurance coverage; the Company's ability toretain key management personnel; potential failures or disruptions of theCompany's computer, communications or other technology systems; changes in theprice of the Company's common stock; and the ability of the Company to reachacceptable agreements with third parties.Additional information concerningthese and other factors is contained in the Company's Securities and ExchangeCommission filings, including but not limited to the Company's QuarterlyReport on Form 10-Q for the quarter ended September 30, 2008, and theCompany's Annual Report on Form 10-K for the year ended December 31, 2007.Detailed financial information follows:AMR CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONS(in millions, except per share amounts)(Unaudited) Three Months Ended December 31, Percent20082007Change -RevenuesPassenger - American Airlines $4,174$4,352 (4.1)- Regional Affiliates554 606 (8.5)Cargo196 228(13.9)Other revenues 545 4979.7 -Total operating revenues 5,469 5,683 (3.8) -ExpensesAircraft fuel1,819 1,873 (2.9)Wages, salaries and benefits 1,720 1,723 (0.2)Other rentals and landing fees 314 3082.0Depreciation and amortization285 310 (7.9)Maintenance, materials and repairs 294 267 10.2Commissions, booking fees and credit card expense217 241(10.1)Aircraft rentals 120 140(14.6)Food service 123 135 (9.2)Special charges 2363(63.5)Other operating expenses 750 6928.4 -Total operating expenses 5,665 5,752 (1.5) -Operating Income(196)(69) Other Income (Expense)Interest income 4380(46.4)Interest expense(188) (211) (11.1)Interest capitalized10 3Miscellaneous - net (9)128 -Total other income(144)- -Income/(Loss) Before Income Taxes (340)(69) Income tax - -Net Income $(340) $(69) Earnings/(Loss) Per ShareBasic $(1.22) $(0.28) Diluted $(1.22) $(0.28) Number of Shares Used in ComputationBasic279 249Diluted279 249Greater than 100AMR CORPORATIONOPERATING STATISTICS(Unaudited)Three Months Ended December 31,-Percent 20082007Change- -American Airlines, Inc. Mainline Jet OperationsRevenue passenger miles (millions)30,379 33,919(10.4)Available seat miles (millions) 38,797 42,297 (8.3)Cargo ton miles (millions) 458548(16.4)Passenger load factor78.380.2 (1.9) ptsPassenger revenue yield per passenger mile (cents)13.7412.837.1Passenger revenue per available seat mile (cents)10.7610.294.6Cargo revenue yield per ton mile (cents) 42.8141.563.0Operating expenses per available seat mile, excluding Regional Affiliates (cents) (1) 12.9912.018.2Fuel consumption (gallons, in millions)637704 (9.5)Fuel price per gallon (cents)259.6239.78.3Regional AffiliatesRevenue passenger miles (millions) 2,0122,380(15.5)Available seat miles (millions)2,9183,318(12.1)Passenger load factor68.971.7 (2.8) ptsAMR CorporationAverage Equivalent Number of EmployeesAmerican Airlines 68,70072,000Other 12,40013,800Total 81,10085,800(1) Excludes $640 million and $717 million of expense incurred related toRegional Affiliates in 2008 and 2007, respectively.AMR CORPORATIONOPERATING STATISTICS(Unaudited)OPERATING STATISTICS BY REGIONAL ENTITY(excluding special item)American Airlines, Inc.Three Months Ended December 31, 2008Entity Results RASM(1)Y-O-YASMs(2) Y-O-Y (cents) Change(billions)ChangeDOT Domestic10.534.823.8(12.3)International 11.126.3 15.0 (1.0)DOT Latin America 12.107.37.40.7DOT Atlantic10.013.05.9 (3.2)DOT Pacific 10.70 11.01.7 (0.3)American Airlines, Inc.Three Months Ended December 31, 2008Entity ResultsY-O-YLoad Factor Change YieldY-O-Y (pts)(pts) (cents) ChangeDOT Domestic 79.6 (1.0)13.22 6.2International76.2 (3.1)14.6010.6DOT Latin America74.6 (3.2)16.2311.9DOT Atlantic 77.3 (3.4)12.95 7.5DOT Pacific79.2 (1.8)13.5013.5OPERATING STATISTICS BY REGIONAL ENTITY(including special item)American Airlines, Inc.Three Months Ended December 31, 2008Entity Results RASM(1)Y-O-Y ASMs(2) Y-O-Y (cents)Change(billions)ChangeDOT Domestic10.533.9 23.8 (12.3)International 11.125.215.0(1.0)DOT Latin America 12.106.4 7.4 0.7DOT Atlantic10.011.7 5.9(3.2)DOT Pacific 10.709.5 1.7(0.3)American Airlines, Inc.Three Months Ended December 31, 2008Entity Results Y-O-YLoad Factor ChangeYieldY-O-Y (pts) (pts) (cents) Change- -DOT Domestic 79.6(1.0)13.22 5.3International76.2(3.1)14.60 9.5DOT Latin America74.6(3.2)16.2311.0DOT Atlantic 77.3(3.4)12.95 6.2DOT Pacific79.2(1.8)13.5012.0(1) Revenue per Available Seat Mile(2) Available Seat MilesAMR CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONS(in millions, except per share amounts)(Unaudited) Twelve Months EndedDecember 31, - Percent20082007 Change Revenues Passenger - American Airlines$18,234 $17,6513.3 - Regional Affiliates2,486 2,4700.7 Cargo874 8256.0 Other revenues 2,172 1,9899.2 Total operating revenues23,76622,9353.6 Expenses Aircraft fuel9,014 6,670 35.1 Wages, salaries and benefits 6,655 6,770 (1.7) Other rentals and landing fees 1,298 1,2781.6 Depreciation and amortization1,207 1,2020.4 Maintenance, materials and repairs 1,237 1,057 17.0 Commissions, booking fees and creditcard expense997 1,028 (3.1) Aircraft rentals 492 591(16.7) Food service 518 534 (3.0) Special charges1,21363 Other operating expenses 3,024 2,7778.9 Total operating expenses25,65521,970 16.8 Operating Income(1,889)965 Other Income (Expense) Interest income181 337(46.4) Interest expense(756) (914) (17.2) Interest capitalized3320 68.1 Miscellaneous - net36096 (182) (461) (60.5)- Income/(Loss) Before Income Taxes (2,071)504 - Income tax - Net Income $(2,071) $504 Earnings/(Loss) Per Share Basic(7.98)$2.06 Diluted(7.98)$1.78 Number of Shares Used in Computation Basic259 245 Diluted259 299Greater than 100AMR CORPORATIONOPERATING STATISTICS(Unaudited)Twelve Months EndedDecember 31, Percent 2008 2007 Change American Airlines, Inc. Mainline Jet Operations Three Months EndedDecember 31, (in millions, except as noted)2008 2007 Passenger revenue per available seat mile, (cents)10.7610.29 Less: Impact of special items (cents)- 0.09 Passenger revenue per available seat mile, excluding impact of special items (cents) 10.7610.20 Percent change 5.5Three Months EndedAmerican Airlines, Inc. Mainline Jet Operations Three Months EndedDecember 31,(in millions, except as noted) 2008 2007 Total operating expenses $5,680 $5,796 Less: Operating expenses incurred related toRegional Affiliates640717 Operating expenses excluding expenses incurredrelated to Regional Affiliates$5,041 $5,079 American mainline jet operations availableseat miles38,797 42,297 Operating expenses per available seat mile,excluding Regional Affiliates (cents)12.9912.01 Less: Impact of special items (cents)0.32 0.15 Operating expenses per available seat mile,excluding impact of special items (cents)12.6711.86Percent change 6.8American Airlines, Inc. Mainline Jet OperationsThree Months EndedMarch 31,(in millions, except as noted)2009 2008 Operating expenses per available seat mile,excluding Regional Affiliates (cents) 12.27 12.63 Less: Impact of special items (cents)- - Operating expenses per available seat mile,excluding Regional Affiliates, special items(cents) 12.27 12.63 Percent change(2.9)Less: Fuel expense per available seat mile (cents) 3.334.52 Operating expenses per available seat mile, excluding Regional Affiliates, special items, fuel expense (cents)8.948.11 Percent change10.2AMR CORPORATIONNON-GAAP AND OTHER RECONCILIATIONS(Unaudited)Estimate for Year Ended AMR Corporation December 31,(in millions, except as noted) 2009 2008 Operating expenses per available seat mile (cents)12.8414.57 Less: Impact of special items (cents) - 0.75 Operating expenses per available seat mile,excluding special items(cents) 12.8413.82Percent change (7.1) Less: Fuel expense per available seat mile(cents) 3.48 5.12 Operating expenses per available seat mile,excluding special items, fuel expense (cents) 9.36 8.70Percent change7.6 Estimate for Three Months EndedAMR Corporation March 31,(in millions, except as noted) 2009 2008 Operating expenses per available seat mile (cents)12.9013.32 Less: Impact of special items (cents) Operating expenses per available seat mile,excluding special items(cents) 12.9013.32Percent change (3.2) Less: Fuel expense per available seat mile (cents) 3.44 4.64 Operating expenses per available seat mile,excluding special items, fuel expense (cents) 9.46 8.68Percent change9.0AMR CORPORATIONNON-GAAP AND OTHER RECONCILIATIONS(Unaudited)AMR CorporationReclassification of AAdvantage Mileage Third-PartySales RevenueThree Months EndedMarch 31, 2007-(in millions, except as noted)As ReportedReclassified-Passenger revenue- American Airlines $4,326 $4,176Other revenues342492-Total$4,668 $4,668Available seat miles 41,691 41,691Passenger revenue per available seat mile (cents) 10.3810.02Three Months Ended June 30, 2007- (in millions, except as noted) As ReportedReclassified-Passenger revenue- American Airlines $4,673$4,525Other revenues348 496-Total$5,021$5,021Available seat miles 42,64742,647Passenger revenue per available seat mile (cents) 10.96 10.61 Three Months Ended September 30, 2007 - (in millions, except as noted) As ReportedReclassified -Passenger revenue- American Airlines$4,750$4,598Other revenues 352 504 -Total $5,102$5,102 Available seat miles43,27143,271 Passenger revenue per available seatmile (cents) 10.98 10.63 Three Months Ended December 31, 2007 - (in millions, except as noted) As ReportedReclassified Passenger revenue- American Airlines $4,486 $4,352Other revenues363497 Total$4,849 $4,849 Available seat miles 42,297 42,297 Passenger revenue per available seat mile (cents) 10.6110.29AMR CORPORATIONNON-GAAP AND OTHER RECONCILIATIONS(Unaudited)AMR CorporationImpact of Special ItemsThree Months Ended(in millions, except per share amounts) December 31, 2008 - AmountEPS -Net income/(loss)$(340)$(1.22)Impact of special items126 0.45 Income/(loss) excluding special items$(214)$(0.77) AMR CorporationImpact of Special ItemsThree Months Ended(in millions, except per share amounts)December 31, 2007 -AmountEPS -Net income/(loss)$(69)$(0.28)Impact of special items(115) (0.46) -Income/(loss)excluding special items$(184)$(0.74) Note: The Company believes income excluding special items assistsinvestors in understanding the impact of special items on the Company'soperations.AMR CORPORATIONNON-GAAP AND OTHER RECONCILIATIONS(Unaudited)AMR CorporationImpact of Special ItemsYear Ended(in millions, except per share amounts) December 31, 2008-Amount EPSNet income/(loss)$(2,071)$(7.98)Impact of special items885 3.41Income/(loss) excluding special items$(1,186)$(4.57)AMR CorporationImpact of Special ItemsYear Ended(in millions, except per share amounts) December 31, 2007-Amount EPSNet income$504$1.78Impact of special items(84) (0.28)Income excluding special items$420$1.50Note: The Company believes income excluding special items assistsinvestors in understanding the impact of special items on the Company'soperations.Current AMR Corp.

news releases can be accessed on the Internet.The address is: http:// CorporationAndy Backover, Corporate Communications of American Airlines, Inc., FortWorth, Texas, 1-817-967-1577, . ) After a pathetic effort on Saturday against Oregon, it's clear the Washington Huskies will have a very tough time making it to a bowl game this year. Currently with three wins, Washington will need win three of their last four to be bowl-eligible. With the way the defense played and the offense made mistakes in the red-zone, this is going to be a difficult task.It was evident early and often that Oregon's offense was far better than Washington's defense. Oregon running back LaMichael James shut the Dawgs down, while quarterback Jeremiah Masoli ran for two touchdowns, throwing for another.It's going to take virtually the polar opposite of the Washington team we've seen for the past two weeks to show up next Saturday against UCLA if the Huskies want a shot at a bowl bid. The regression of this team versus Arizona State, Oregon, and even Arizona (barring an improbable finish) almost leads to the conclusion that the Husky team we saw against USC was a fluke. The defense has primarily been the issue throughout the season, but it now seems that Washington needs more production from their offense as well.In Jake Locker's time in the Tyrone Willingham era, he was a mobile quarterbackto say the least. New coach Steve Sarkisian has shied away from this quite a bit. There were numerous times in the Oregon game where I badly wanted Locker to tuck that ball and take off. Perhaps if this approach had been taken in the red zone and on the goal line, Washington's two interceptions and inability to convert on 4th-and-2 would have resulted in some points. A bright spot in the offense against Oregon was running back Chris Polk, who went for 108 yards and a touchdown. This trend continued against Oregon, as the Huskies allowed 21 unanswered points.

Arizona put up 17 points at Husky Stadium this year.Bowl teams don't have statistics like this. The past month of Husky football is a not-so-friendly reminder that the futility of 2008 was only a year ago. This was supposed to be a rebuilding year for Washington, and for them to be in the bowl bid discussion alone is a good thing.All hope is not lost yet for the Huskies, but it's awful close.. The Mirapoint and NotifyTechnology collaboration underscores Mirapoint's continued commitment todelivering a complete mobile strategy for email synchronization coveringsecurity, access and management for enterprises.The combination of Notify Technology's NotifyLink Enterprise MobilitySolution with Mirapoint's secure messaging appliances delivers email andcalendar, contacts and task information to BlackBerry devices. Using theNotifyLink Enterprise Mobility Solution allows an IT organization tomaintain secure control of their business critical data through granulardevice management."We are excited to offer Mirapoint customers a mobility solution thatallows them to use their iPhone and iPod touch devices," says Paul DePond,President and CEO of Notify Technology. "The NotifyLink EnterpriseMobility Solution provides users with a variety of wireless device supportincluding BlackBerry, Palm, Windows Mobile and Symbian wireless devices."According to Frank Knifsend, Senior Vice President of Products andOperations for Mirapoint, "This partnership highlights Mirapoint'scommitment to providing secure, flexible and reliable mobility solutionsfor the growing mobile enterprise. With the iPhone adoption showingcontinued strong growth, we are providing our users with more flexibilityby supporting this popular device."Mirapoint's Mobile Access StrategyMirapoint's Mobile Access Strategy ensures that enterprise mobilityreceives the same level of security and reliability that Mirapoint offersin the company's email and collaboration security, ease of managementand dial-tone reliability. Mirapoint's unique appliance model also enablesthe company to provide messaging and collaboration for the widest array ofdevices.