Attached files
 AMR
Reaches Transformational
Agreements
July 2011
Exhibit 99.3 |
 Please note that many of our statements will constitute 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 constitute the Company's expectations or beliefs concerning future events.
These matters are subject to a number
of
factors
that
could
cause
actual
results
to
differ
from
our
expectations.
These
factors
include,
but
are
not
limited
to,
domestic
and
international
economic
conditions;
fuel
prices;
general
competitive
factors
including,
but,
not
limited to, government regulations and regulatory approvals; uncertainty in
domestic or international operations; potential
industry
consolidation
and
alliance
changes;
outbreaks
of
a
disease
(such
as
the
H1N1
virus,
SARS
or
avian
flu)
that
affects
travel
behavior;
acts
of
war
or
terrorism;
our
ability
to
access
the
capital
markets;
and
changes
in
the
Company's business strategy, any of which could affect our actual results.
Additional information concerning these and other factors is contained in our
Securities and Exchange Commission filings,
including
but
not
limited
to
our
annual
report
on
Form
10-K
for
the
year
ended
December
31,
2010
and
our
quarterly report on Form 10-Q for the quarter ended March 31, 2011.
2
Safe Harbor |
 |
 •
The foundation of our network strategy
Our Cornerstones
4 |
 Landmark Deal
Under FlightPlan 2020 |
 •
Our historic Boeing and Airbus deals turbocharge our fleet
renewal
–
By YE2012, the 737-800 fleet planned to outnumber our MD80 fleet
6
Substantially Enhances Our Fleet Plan
1
54 existing orders prior to today’s announcements
|
 •
Landmark deals rapidly transform American’s fleet
7
Transformational Fleet Renewal
Existing Orders
New Orders
Options
First Delivery
B737-8
54
-
-
2011
B737 Family
-
100
40
2013
B737 Family (new)
-
100
60
TBD
Total Boeing
54
200
100
A320 Family
-
130
85
2013
A320 Family NEO
-
130
280
2017
Total Airbus
-
260
365
Grand Total
54
460
465 |
 8
Dramatically Reduces Fleet Age
Source: Ascend; based on currently available/published Fleet Plans
~ 33% |
 •
Gain significant flexibility with six variants across two aircraft
families
9
Simplification Impact
MD80
B737 Family
Today
Future
Common Features:
•
Cockpit
•
Engine
•
Parts
B738
B757
B762
A320 Family |
 •
Fleet transformation drives substantial fuel efficiency gains
•
New technology expected to deliver up to 15% additional savings
10
Enhanced Fuel Efficiency
Note: Percentages in the chart reflect average savings vs. current MD80, B757 and
B762 on a per seat basis versus 737 / A320 family aircraft with similar size
and configuration ~35%
~12%
~15%
vs. MD80
vs. B767-200
vs. B757-200 |
 •
With this unprecedented order, American will be the first US
network airline to take delivery of new engine, narrowbody
aircraft
11
Positioning for Long-term Success
1
Boeing has not confirmed delivery dates
570 Orders and Options |
 •
Large narrowbodies provide flexibility to serve:
12
Capture
Enhanced
Opportunities
in
Marketplace
•
Transcontinental markets
•
High-demand routes
•
Slot-constrained airports
737-900ER current/new
A321 current/neo |
 13
•
Typical Domestic markets
•
Short-haul Latin markets
•
Caribbean markets
737-800NG current/new
A320 current/neo
•
Mid-gauge aircraft allow American to serve:
Capture
Enhanced
Opportunities
in
Marketplace |
 14
•
Secondary Domestic markets
•
Select
markets
in
Latin
America
•
High-altitude or short-runway
airports
737-700 current/new
A319 current/neo
•
Small narrowbodies, a new addition to our fleet, enable us to
serve:
Capture Enhanced Opportunities in Marketplace |
 15
Exceptional Customer Experience
Customer-friendly
Interior
Spacious cabin
Improved Customer
Comfort
High-impact In-flight
Entertainment
LED lighting |
 •
Maximizes balance sheet flexibility while reducing risk
16
~$13 Billion in Financing |
 17
Firm Orders Forecast to Generate NPV ~$1.5 B
•
Enhanced revenue opportunities
•
Fuel cost savings
•
Other operating efficiencies
1/
•
Financing benefits
•
~$3.3M NPV forecast per firm aircraft
1/
Net of transition costs |
 18
Fly Profitably
Financing
Fleet
Improved Operating Economics
Customer Benefits
•
Lease financing of ~$13B
•
Significant operating cost savings
•
Alleviates burden on balance sheet
•
B737 and A320 families are ~35%
more fuel efficient than MD80
•
Future technology expected to be
up to 15% more fuel efficient than
current Boeing and Airbus aircraft
•
New look interiors
•
Slim line seats
•
Improved operating performance
•
More overhead compartment space
•
In-flight entertainment and Wi-Fi
•
First Boeing new evolution and
Airbus NEO production slots of
network US carriers
•
Youngest aircraft fleet of US
network carriers by 2017 |
 19
FlightPlan 2020: Compete to Win
Restructured
Domestic
Network
Expanded
one
Membership
Launched
Joint
Business
with
JAL
Launched
Trans-Atlantic
Joint Business
Accelerated
Fleet Renewal
Enhanced
Product
Offering with
“Your Choice”
world |