----

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| Delaware                                                       |   | 13-1502798                           |
|----------------------------------------------------------------|--------|--------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (IRS Employer Identification Number) |

| Title of Each Class |   | Name of Exchange on Which Registered |
|---------------------|--------|--------------------------------------|
| NONE                |   | NONE                                 |

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| PART I |
|--------|

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|     Year |   |  GallonsConsumed(in millions) |   |   |   Total Cost(in millions) |   |                                                              | Average Cost Per Gallon(in dollars) |   |   | Percent of American's Operating Expenses |   |
|------------------------------|--------|------------------------------------|--------|--------|-------------------------------------|--------|-------------------------------------------------------------------|-------------------------------------|--------|--------|------------------------------------------|--------|
|                         |   |                               |   |   |                                |   |                                                              |                                |   |   |                                     |   |
| 2007                         |   |                               | 2,834  |   |                                |   | $ 6,011                                                 |                                |   |   | $ 2.121              |   |   |   | 27.2% |   |
| 2008                         |   |                               | 2,694  |   |                                |   | 8,154           |                                |   |   | 3.026                                    |   |   |   | 31.7    |   |
| 2009                         |   |                               | 2,499  |   |                                |   | 5,015                                                             |                                |   |   | 2.007                                    |   |   |   |      23.8    |   |

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|   | •  | limit our ability to obtain additional funding for working capital, capital expenditures, acquisitions, investments and general corporate purposes, and adversely affect the terms on which such funding can be obtained; |
|--------|---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |          |                                                                                                                                                                                                                      |
|   | •  | require us to dedicate a substantial portion of our cash flow from operations to payments on our indebtedness and other obligations, thereby reducing the funds available for other purposes;                             |
|   |          |                                                                                                                                                                                                                      |
|   | •  | make us more vulnerable to economic downturns and catastrophic external events; and                                                                                                                                  |
|   |          |                                                                                                                                                                                                                      |
|   | •  | limit our ability to withstand competitive pressures and reduce our flexibility in responding to changing business and economic conditions.                                                                               |

----

|   | •  | actual or potential changes in international, national, regional and local economic, business and financial conditions, including recession, inflation, higher interest rates, wars, terrorist attacks or political instability; |
|--------|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |          |                                                                                                                                                                                                                             |
|   | •  | changes in consumer preferences, perceptions, spending patterns or demographic trends;                                                                                                                                           |
|   |          |                                                                                                                                                                                                                             |
|   | •  | changes in the competitive environment due to industry consolidation, changes in airline alliance affiliations and other factors;                                                                                                |
|   |          |                                                                                                                                                                                                                             |
|   | •  | actual or potential disruptions to the air traffic control systems;                                                                                                                                                              |
|   |          |                                                                                                                                                                                                                             |
|   | •  | increases in costs of safety, security and environmental measures;                                                                                                                                                               |
|   |          |                                                                                                                                                                                                                             |
|   | •  | outbreaks of diseases that affect travel behavior; and                                                                                                                                                                      |
|   |          |                                                                                                                                                                                                                             |
|   | •  | weather and natural disasters.                                                                                                                                                                                                   |

----

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|   | •  | changes in law which affect the services that can be offered by airlines in particular markets and at particular airports;                                                             |
|--------|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |          |                                                                                                                                                                                   |
|   | •  | the granting and timing of certain governmental approvals (including foreign government approvals) needed for codesharing alliances and other arrangements with other airlines;        |
|   |          |                                                                                                                                                                                   |
|   | •  | restrictions on competitive practices (for example court orders, or agency regulations or orders, that would curtail an airline’s ability to respond to a competitor);           |
|   |          |                                                                                                                                                                                   |
|   | •  | the adoption of regulations that impact customer service standards (for example new passenger security standards, passenger bill of rights);                                           |
|   |          |                                                                                                                                                                                   |
|   | •  | restrictions on airport operations, such as restrictions on the use of takeoff and landing slots at airports or the auction of slot rights currently or previously held by us; or |
|   |          |                                                                                                                                                                                   |
|   | •  | the adoption of more restrictive locally imposed noise restrictions.                                                                                                                   |

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|   Equipment Type    |   | Average Seating Capacity |   |   |  Owned |   |   | Capital Leased |   |   | Operating Leased |   |   |  Total |   |   | AverageAge (Years) |   |
|-------------------------------|--------|--------------------------|--------|--------|-------------|--------|--------|----------------|--------|--------|------------------|--------|--------|-------------|--------|--------|--------------------|--------|
|                          |   |                     |   |   |        |   |   |           |   |   |             |   |   |        |   |   |               |   |
| American Airlines Aircraft    |   |                     |   |   |        |   |   |           |   |   |             |   |   |        |   |   |               |   |
| Boeing 737-800                |   |                     | 151    |   |        |   | 77     |           |   |   | -                |   |   |        | 31     |   |               |   | 108 |   |   |   | 7 |   |
| Boeing 757-200                |   |                     | 187    |   |        |   | 84     |           |   |   | 9                |   |   |        | 31     |   |               |   | 124 |   |   |   | 15 |   |
| Boeing 767-200 Extended Range |   |                     | 168    |   |        |   | 3      |           |   |   | 11               |   |   |        | 1      |   |               |   | 15 |   |   |   | 23 |   |
| Boeing 767-300 Extended Range |   |                     | 225    |   |        |   | 45     |           |   |   | 2                |   |   |        | 11     |   |               |   | 58 |   |   |   | 16 |   |
| Boeing 777-200 Extended Range |   |                     | 247    |   |        |   | 47     |           |   |   | -                |   |   |        | -      |   |               |   | 47 |   |   |   | 9 |   |
| McDonnell Douglas MD-80       |   |                     | 140    |   |        |   | 93     |           |   |   | 58               |   |   |        | 107    |   |               |   | 258 |   |   |   | 19 |   |
| Super ATR                     |   |                     | 64/66  |   |        |   | -      |           |   |   | -                |   |   |        | 39     |   |               |   | 39 |   |   |   | 15 |   |
| Total                         |   |                     |   |   |        |   | 349    |           |   |   | 80               |   |   |        | 220    |   |               |   | 649 |   |   |   | 15 |   |
|                          |   |                     |   |   |        |   |   |           |   |   |             |   |   |        |   |   |               |   |   |   |   |   |   |   |

|  Equipment Type       |   | Owned  |   |   | Capital Leased |   |   | Operating Leased |   |   | Total  |   |
|----------------------------|--------|--------|--------|--------|----------------|--------|--------|------------------|--------|--------|--------|--------|
|                       |   |   |   |   |           |   |   |             |   |   |   |   |
| American Airlines Aircraft |   |   |   |   |           |   |   |             |   |   |   |   |
| Airbus A300-600R           |   |   | 10     |   |           |   | -      |             |   |   | 18     |   |   |   | 28 |   |
| Fokker 100                 |   |   | -      |   |           |   | -      |             |   |   | 4      |   |   |   | 4 |   |
| McDonnell Douglas MD-80    |   |   | 24     |   |           |   | 6      |             |   |   | 2      |   |   |   | 32 |   |
| Total                      |   |   | 34     |   |           |   | 6      |             |   |   | 24     |   |   |   | 64 |   |
|                       |   |   |   |   |           |   |   |             |   |   |   |   |   |   |   |   |

----

|   Equipment Type    |   |  2010 |   |   |  2011 |   |   |  2012 |   |   |  2013 |   |   |  2014 |   |   | 2015and Thereafter |   |
|-------------------------------|--------|------------|--------|--------|------------|--------|--------|------------|--------|--------|------------|--------|--------|------------|--------|--------|--------------------|--------|
|                          |   |       |   |   |       |   |   |       |   |   |       |   |   |       |   |   |               |   |
| American Airlines Aircraft    |   |       |   |   |       |   |   |       |   |   |       |   |   |       |   |   |               |   |
| Boeing 737-800                |   |       | -      |   |       |   | -      |       |   |   | -          |   |   |       | 8      |   |               |   | 2 |   |   |   | 21 |   |
| Boeing 757-200                |   |       | -      |   |       |   | 1      |       |   |   | -          |   |   |       | -      |   |               |   | 10 |   |   |   | 29 |   |
| Boeing 767-200 Extended Range |   |       | -      |   |       |   | 2      |       |   |   | 2          |   |   |       | 8      |   |               |   | - |   |   |   | - |   |
| Boeing 767-300 Extended Range |   |       | -      |   |       |   | -      |       |   |   | -          |   |   |       | 3      |   |               |   | - |   |   |   | 10 |   |
| McDonnell Douglas MD-80       |   |       | 3      |   |       |   | 20     |       |   |   | 23         |   |   |       | 27     |   |               |   | 17 |   |   |   | 75 |   |
| Super ATR                     |   |       | -      |   |       |   | -      |       |   |   | 1          |   |   |       | 12     |   |               |   | 12 |   |   |   | 14 |   |
|                          |   |       | 3      |   |       |   | 23     |       |   |   | 26         |   |   |       | 58     |   |               |   | 41 |   |   |   | 149 |   |

----

----

----

----

| PART II |
|---------|

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|          $1.0 billion | Advance sale of AAdvantage Miles to Citibank (of which $110 million is recorded as deferred revenue and included in cash flow from operations) |
|---------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------|

|          $1.6 billion | Issuance of other debt instruments |
|--------------------------------------------------------------------|------------------------------------|

|          $768 million | Sale leaseback financings |
|--------------------------------------------------------------------|---------------------------|

----

----

|                                            |   | Year Ended December 31, |   |
|-------------------------------------------------|--------|-------------------------|--------|
|                                            |   | 2009                    |   |   | 2008 |   |
|     Revenues:               |   |                    |   |   |   |   |
|     Regional Affiliates     |   | $                       | 2,012  |   |   | $ | 2,486 |   |
|     Other                   |   |                    | 135    |   |   |   | 127 |   |
|                                            |   | $                       | 2,147  |   |   | $ | 2,613 |   |
|     Expenses:               |   |                    |   |   |   |   |   |   |
|     Regional payments       |   | $                       | 2,120  |   |   | $ | 2,639 |   |
|     Other incurred expenses |   |                    | 389    |   |   |   | 424 |   |
|                                            |   | $                       | 2,509  |   |   | $ | 3,063 |   |

----

|                                |   |                         |   |
|-------------------------------------|--------|------------------------------|--------|
|                                |   | Year Ended December 31, 2009 |   |
|                                |   | RASM                         |   |   | Y-O-Y |   |   | ASMs |   |   |  Y-O-Y |   |
|                                |   | (cents)                      |   |   | Change |   |   | (billions) |   |   | Change |   |
|                                |   |                         |   |   |   |   |   |   |   |   |   |   |   |
| DOT Domestic                        |   |                         | 9.87   |   |   |      (8.7)% |   |   |   | 93.0 |   |   |   |     (8.7)% |   |
| International                       |   |                         | 9.96   |   |   | (14.9) |   |   |   | 58.8 |   |   |   | (4.7) |   |
|    DOT Latin America |   |                         | 10.91  |   |   | (12.5) |   |   |   | 28.4 |   |   |   | (6.5) |   |
|    DOT Atlantic      |   |                         | 9.13   |   |   | (16.7) |   |   |   | 23.7 |   |   |   | (3.7) |   |
|    DOT Pacific       |   |                         | 8.90   |   |   | (19.4) |   |   |   |  6.7 |   |   |   | 0.1 |   |

----

| (in millions) Operating Expenses                                    |   | Year ended December 31, 2009 |   |   | Change from 2008 |   |   | Percentage Change |   |   |
|--------------------------------------------------------------------------|--------|------------------------------|--------|--------|------------------|--------|--------|-------------------|--------|--------|
|                                                                     |   |                         |   |   |             |   |   |              |   |   |
| Wages, salaries and benefits                                             |   | $                            | 6,218  |   |             | $      | 174    |              |   |   | 2.9 | % |   |
| Aircraft fuel                                                            |   |                         | 5,015  |   |             |   | (3,139 | )                 |   |   | (38.5 | ) | (a) |
| Regional payments to AMR Eagle                                           |   |                         | 2,002  |   |             |   | (398   | )                 |   |   | (16.6 | ) | (b) |
| Other rentals and landing fees                                           |   |                         | 1,230  |   |             |   | 50     |              |   |   | 4.2 |   |   |
| Maintenance, materials and repairs                                       |   |                         | 1,028  |   |             |   | 50     |              |   |   | 5.1 |   |   |
| Depreciation and amortization                                            |   |                         | 954    |   |             |   | (68    | )                 |   |   | (6.7 | ) |   |
| Commissions, booking fees and credit    card expense |   |                         | 853    |   |             |   | (144   | )                 |   |   |  (14.4 | ) |  (c) |
| Aircraft rentals                                                         |   |                         | 516    |   |             |   | 29     |              |   |   | 6.0 |   |   |
| Food service                                                             |   |                         | 487    |   |             |   | (22    | )                 |   |   | (4.3 | ) |   |
| Special charges                                                          |   |                         | 171    |   |             |   | (1,039 | )                 |   |   | (85.9 | ) | (d) |
| Other operating expenses                                                 |   |                         | 2,587  |   |             |   | (182   | )                 |   |   | (6.6 | ) |   |
| Total operating expenses                                                 |   | $                            | 21,061 |   |             |   | (4,689 | )                 |   |   | (18.2 | )% |   |

| (a)   | Aircraft fuel expense decreased primarily due to a 33.7 percent decrease in the Company’s price per gallon of fuel (net of the impact of fuel hedging) and a 7.2 percent decrease in the Company’s fuel consumption.  The Company recorded $591 million in net losses and $344 million in net gains on its fuel hedging contracts for the yearsended December 31, 2009 and 2008, respectively. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Regional payments to AMR Eagle decreased in conjunction with a 34.2 percent decrease in Regional Affiliates’ price per gallon of fuel (net of the impact of fuel hedging) and a 5.0 percent decrease in Regional Affiliates’ fuel consumption. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Commissions, booking fees and credit card expense decreased in conjunction with the 16.0 percent decrease in the Company’s revenues. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Special charges in 2008 are related to an impairment charge of $1.0 billion to write down the Company’s McDonnell Douglas MD-80 fleet and certain related long-lived assets to their estimated fair values.  Special charges in 2009 relate to announced capacity reductions, the grounding of the Airbus A300 fleet and the write down of certainEmbraer RJ-135 aircraft to their estimated fair values. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Income Tax Benefit |
|--------------------|

| Outlook |
|---------|

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|                                                            |   | Page   |   |
|-----------------------------------------------------------------|--------|--------|--------|
|                                                            |   |   |   |
| Report of Independent Registered Public Accounting Firm         |   |   | 41     |   |
|                                                            |   |   |   |   |
| Consolidated Statements of Operations                           |   |   | 42     |   |
|                                                            |   |   |   |   |
| Consolidated Balance Sheets                                     |   |   | 43-44  |   |
|                                                            |   |   |   |   |
| Consolidated Statements of Cash Flows                           |   |   | 45     |   |
|                                                            |   |   |   |   |
| Consolidated Statements of Stockholder’s Equity (Deficit) |   |   | 46     |   |
|                                                            |   |   |   |   |
| Notes to Consolidated Financial Statements                      |   |   | 47-74  |   |

----

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| (in millions)                                     |   |
|---------------------------------------------------|--------|
|                                              |   |   |   |
|                                              |   | Year Ended December 31, |   |
|                                              |   | 2009 |   |   | 2008 |   |   | 2007 |   |
| Revenues                                          |   |   |   |   |   |   |   |   |   |
| Passenger                                         |   | $ | 15,037 |   |   | $ | 18,234 |   |   | $ | 17,651 |   |
| Regional Affiliates                               |   |   | 2,012 |   |   |   | 2,486 |   |   |   | 2,470 |   |
| Cargo                                             |   |   | 578 |   |   |   | 874 |   |   |   | 825 |   |
| Other revenues                                    |   |   | 2,271 |   |   |   | 2,102 |   |   |   | 1,887 |   |
| Total operating revenues                          |   |   | 19,898 |   |   |   | 23,696 |   |   |   | 22,833 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Expenses                                          |   |   |   |   |   |   |   |   |   |   |   |   |
| Wages, salaries and benefits                      |   |   | 6,218 |   |   |   | 6,044 |   |   |   | 6,132 |   |
| Aircraft fuel                                     |   |   | 5,015 |   |   |   | 8,154 |   |   |   | 6,011 |   |
| Regional payments to AMR Eagle                    |   |   | 2,002 |   |   |   | 2,400 |   |   |   | 2,284 |   |
| Other rentals and landing fees                    |   |   | 1,230 |   |   |   | 1,180 |   |   |   | 1,162 |   |
| Maintenance, materials and repairs                |   |   | 1,028 |   |   |   | 978 |   |   |   | 826 |   |
| Depreciation and amortization                     |   |   | 954 |   |   |   | 1,022 |   |   |   | 1,010 |   |
| Commissions, booking fees and credit card expense |   |   | 853 |   |   |   | 997 |   |   |   | 1,029 |   |
| Aircraft rentals                                  |   |   | 516 |   |   |   | 487 |   |   |   | 579 |   |
| Food service                                      |   |   | 487 |   |   |   | 509 |   |   |   | 524 |   |
| Special charges                                   |   |   | 171 |   |   |   | 1,210 |   |   |   | 63 |   |
| Other operating expenses                          |   |   | 2,587 |   |   |   | 2,769 |   |   |   | 2,511 |   |
| Total operating expenses                          |   |   | 21,061 |   |   |   | 25,750 |   |   |   | 22,131 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating Income (Loss)                           |   |   | (1,163 | ) |   |   | (2,054 | ) |   |   | 702 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Other Income (Expense)                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest income                                   |   |   | 34 |   |   |   | 176 |   |   |   | 327 |   |
| Interest expense                                  |   |   | (583 | ) |   |   | (569 | ) |   |   | (708 | ) |
| Interest capitalized                              |   |   | 42 |   |   |   | 33 |   |   |   | 20 |   |
| Related party interest – net                |   |   | (14 | ) |   |   | (56 | ) |   |   | (85 | ) |
| Miscellaneous – net                         |   |   | (73 | ) |   |   | (61 | ) |   |   | 100 |   |
|                                              |   |   | (594 | ) |   |   | (477 | ) |   |   | (346 | ) |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Income (Loss) Before Income Taxes                 |   |   | (1,757 | ) |   |   | (2,531 | ) |   |   | 356 |   |
|    Income tax (benefit)            |   |   | (283 | ) |   |   | - |   |   |   | - |   |
| Net Earnings (Loss)                               |   | $ | (1,474 | ) |   | $ | (2,531 | ) |   | $ | 356 |   |

----

| (in millions, except shares and par value)                                                                           |
|----------------------------------------------------------------------------------------------------------------------|
|                                                                                                                 |   |   |
|                                                                                                                 |   | December 31, |
|                                                                                                                 |   | 2009 |   |   | 2008 |
| Assets                                                                                                               |   |   |   |   |   |   |   |
|                                                                                                                 |   |   |   |   |   |
| Current Assets                                                                                                       |   |   |   |   |   |
| Cash                                                                                                                 |   | $ | 149 |   |   | $ | 188 |   |
| Short-term investments                                                                                               |   |   | 4,241 |   |   |   | 2,910 |   |
| Restricted cash and short-term investments                                                                           |   |   | 460 |   |   |   | 459 |   |
| Receivables, less allowance for uncollectibleaccounts (2009 - $57; 2008 - $49)                                       |   |   | 744 |   |   |   | 797 |   |
| Inventories, less allowance for obsolescence(2009 - $457; 2008 - $437)                                               |   |   | 518 |   |   |   | 481 |   |
| Fuel derivative contracts                                                                                            |   |   | 135 |   |   |   | 188 |   |
| Fuel derivative collateral deposits                                                                                  |   |   | 14 |   |   |   | 575 |   |
| Other current assets                                                                                                 |   |   | 293 |   |   |   | 175 |   |
| Total current assets                                                                                                 |   |   | 6,554 |   |   |   | 5,773 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |   |
| Equipment and Property                                                                                               |   |   |   |   |   |   |   |   |   |
| Flight equipment, at cost                                                                                            |   |   | 16,430 |   |   |   | 16,427 |   |
| Less accumulated depreciation                                                                                        |   |   | 6,414 |   |   |   | 6,318 |   |
|                                                                                                                 |   |   | 10,016 |   |   |   | 10,109 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |   |
| Purchase deposits for flight equipment                                                                               |   |   | 608 |   |   |   | 670 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |   |
| Other equipment and property, at cost                                                                                |   |   | 5,004 |   |   |   | 4,958 |   |
| Less accumulated depreciation                                                                                        |   |   | 2,759 |   |   |   | 2,633 |   |
|                                                                                                                 |   |   | 2,245 |   |   |   | 2,325 |   |
|                                                                                                                 |   |   | 12,869 |   |   |   | 13,104 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |   |
| Equipment and Property Under Capital Leases                                                                          |   |   |   |   |   |   |   |   |   |
| Flight equipment                                                                                                     |   |   | 651 |   |   |   | 561 |   |
| Other equipment and property                                                                                         |   |   | 215 |   |   |   | 215 |   |
|                                                                                                                 |   |   | 866 |   |   |   | 776 |   |
| Less accumulated amortization                                                                                        |   |   | 571 |   |   |   | 536 |   |
|                                                                                                                 |   |   | 295 |   |   |   | 240 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |   |
| Other Assets                                                                                                         |   |   |   |   |   |   |   |   |   |
| International slots and route authorities                                                                            |   |   | 736 |   |   |   | 828 |   |
| Domestic slots and airport operating and gate lease rights, less accumulated amortization (2009 - $393; 2008 - $379) |   |   | 236 |   |   |   | 262 |   |
| Other assets                                                                                                         |   |   | 2,274 |   |   |   | 2,311 |   |
|                                                                                                                 |   |   | 3,246 |   |   |   | 3,401 |   |
|                                                                                                                 |   |   |   |   |   |   |   |   |   |
| Total Assets                                                                                                         |   | $ | 22,964 |   |   | $ | 22,518 |   |

----

| (in millions, except shares and par value)                                                           |
|------------------------------------------------------------------------------------------------------|
|                                                                                                 |   |   |
|                                                                                                 |   | December 31, |
|                                                                                                 |   | 2009 |   |   | 2008 |
| Liabilities and Stockholder’s Equity (Deficit)                                                 |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |
| Current Liabilities                                                                                  |   |   |   |   |   |
| Accounts payable                                                                                     |   | $ | 988 |   |   | $ | 891 |   |
| Accrued salaries and wages                                                                           |   |   | 460 |   |   |   | 484 |   |
| Fuel derivative liability                                                                            |   |   | 80 |   |   |   | 716 |   |
| Accrued liabilities                                                                                  |   |   | 1,457 |   |   |   | 1,433 |   |
| Air traffic liability                                                                                |   |   | 3,431 |   |   |   | 3,708 |   |
| Payable to affiliates                                                                                |   |   | 3,008 |   |   |   | 2,427 |   |
| Current maturities of long-term debt                                                                 |   |   | 791 |   |   |   | 1,305 |   |
| Current obligations under capital leases                                                             |   |   | 90 |   |   |   | 107 |   |
| Total current liabilities                                                                            |   |   | 10,305 |   |   |   | 11,071 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
| Long-Term Debt, Less Current Maturities                                                              |   |   | 7,385 |   |   |   | 6,102 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
| Obligations Under Capital Leases,Less Current Obligations                                            |   |   | 599 |   |   |   | 582 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
| Other Liabilities and Credits                                                                        |   |   |   |   |   |   |   |   |   |
| Deferred gains                                                                                       |   |   | 272 |   |   |   | 297 |   |
| Pension and postretirement benefits                                                                  |   |   | 7,397 |   |   |   | 6,613 |   |
| Other liabilities and deferred credits                                                               |   |   | 2,884 |   |   |   | 2,758 |   |
|                                                                                                 |   |   | 10,553 |   |   |   | 9,668 |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
| Commitments and Contingencies                                                                        |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
| Stockholder’s Equity (Deficit)                                                                 |   |   |   |   |   |   |   |   |   |
| Common stock - $1 par value;     1,000 shares authorized, issued and outstanding |   |   | - |   |   |   | - |   |
| Additional paid-in capital                                                                           |   |   | 3,938 |   |   |   | 3,891 |   |
| Accumulated other comprehensive loss                                                                 |   |   | (2,833 | ) |   |   | (3,287 | ) |
| Accumulated deficit                                                                                  |   |   | (6,983 | ) |   |   | (5,509 | ) |
|                                                                                                 |   |   | (5,878 | ) |   |   | (4,905 | ) |
|                                                                                                 |   |   |   |   |   |   |   |   |   |
| Total Liabilities and Stockholder’s Equity (Deficit)                                           |   | $ | 22,964 |   |   | $ | 22,518 |   |

----

| (in millions)                                                                                   |   |
|-------------------------------------------------------------------------------------------------|--------|
|                                                                                            |   | Year Ended December 31, |   |
|                                                                                            |   | 2009 |   |   | 2008 |   |   | 2007 |   |
| Cash Flow from Operating Activities:                                                            |   |   |   |   |   |   |   |   |   |
| Net earnings (loss)                                                                             |   | $ | (1,474 | ) |   | $ | (2,531 | ) |   | $ | 356 |   |
| Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities: |   |   |   |   |   |   |   |   |   |   |   |   |
| Depreciation                                                                                    |   |   | 834 |   |   |   | 877 |   |   |   | 850 |   |
| Amortization                                                                                    |   |   | 120 |   |   |   | 145 |   |   |   | 160 |   |
| Equity based stock compensation                                                                 |   |   | 61 |   |   |   | 49 |   |   |   | 123 |   |
| Special charges                                                                                 |   |   | 171 |   |   |   | 1,313 |   |   |   | 63 |   |
| Pension and postretirement                                                                      |   |   | 657 |   |   |   | 279 |   |   |   | 27 |   |
| Gain on sale of investments                                                                     |   |   | - |   |   |   | - |   |   |   | (138 | ) |
| Redemption payments under operating leases for special facility revenue bonds                   |   |   | - |   |   |   | (188 | ) |   |   | (100 | ) |
| Change in assets and liabilities:                                                               |   |   |   |   |   |   |   |   |   |   |   |   |
| Decrease (increase) in receivables                                                              |   |   | 53 |   |   |   | 206 |   |   |   | (48 | ) |
| Decrease (increase) in inventories                                                              |   |   | (81 | ) |   |   | (4 | ) |   |   | (109 | ) |
| Decrease (increase) in derivative collateral and unwound                                        |   |   |   |   |   |   |   |   |   |   |   |   |
|    derivative contracts                                                          |   |   | 561 |   |   |   | (940 | ) |   |   | 164 |   |
| Increase (decrease) in accounts payable and accruedliabilities                                  |   |   | (138 | ) |   |   | (601 | ) |   |   | 340 |   |
| Increase (decrease) in air traffic liability                                                    |   |   | (277 | ) |   |   | (277 | ) |   |   | 203 |   |
| Increase (decrease) in other liabilities and deferred credits                                   |   |   | 232 |   |   |   | (175 | ) |   |   | (161 | ) |
| Other, net                                                                                      |   |   | (76 | ) |   |   | 241 |   |   |   | (204 | ) |
| Net cash provided by (used in) operating activities                                             |   |   | 643 |   |   |   | (1,606 | ) |   |   | 1,526 |   |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash Flow from Investing Activities:                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Capital expenditures, including purchase deposits onflight equipment                            |   |   | (1,475 | ) |   |   | (854 | ) |   |   | (670 | ) |
| Net decrease (increase) in short-term investments                                               |   |   | (1,331 | ) |   |   | 1,376 |   |   |   | 233 |   |
| Net decrease (increase) in restricted cash and short-term investments                           |   |   | (1 | ) |   |   | (31 | ) |   |   | 48 |   |
| Proceeds from sale of equipment, property and   Investments                      |   |   | 69 |   |   |   | 36 |   |   |   | 220 |   |
| Other                                                                                           |   |   | 54 |   |   |   | 10 |   |   |   | 5 |   |
| Net cash provided by (used in) investing activities                                             |   |   | (2,684 | ) |   |   | 537 |   |   |   | (164 | ) |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash Flow from Financing Activities:                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Payments on long-term debt and capital lease obligations                                        |   |   | (1,877 | ) |   |   | (568 | ) |   |   | (1,930 | ) |
| Proceeds from:                                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |
| Reimbursement from construction reserve account                                                 |   |   | - |   |   |   | - |   |   |   | 59 |   |
| Issuance of long-term debt                                                                      |   |   | 2,530 |   |   |   | 825 |   |   |   | - |   |
| Sale leaseback transactions                                                                     |   |   | 768 |   |   |   | 151 |   |   |   | - |   |
| Funds transferred from affiliates, net                                                          |   |   | 581 |   |   |   | 704 |   |   |   | 533 |   |
| Net cash provided by (used in) financing activities                                             |   |   | 2,002 |   |   |   | 1,112 |   |   |   | (1,338 | ) |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
| Net increase (decrease) in cash                                                                 |   |   | (39 | ) |   |   | 43 |   |   |   | 25 |   |
| Cash at beginning of year                                                                       |   |   | 188 |   |   |   | 145 |   |   |   | 120 |   |
| Cash at end of year                                                                             |   | $ | 149 |   |   | $ | 188 |   |   | $ | 145 |   |
|                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |

----

| (in millions)                                                                              |   |
|--------------------------------------------------------------------------------------------|--------|
|                                                                                       |   |  CommonStock |   |   | AdditionalPaid-inCapital |   |   |  AccumulatedOther Comprehensive Income (Loss ) |   |   | AccumulatedDeficit |   |   |   Total |   |
| Balance at January 1, 2007                                                                 |   | $ | - |   |   | $ | 3,667 |   |   | $ | (1,399 | ) |   | $ | (3,334 | ) |   | $ | (1,066 | ) |
|                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net earnings                                                                               |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 356 |   |   |   | 356 |   |
| Pension, retiree medical and other liability                                               |   |   | - |   |   |   | - |   |   |   | 1,744 |   |   |   |   |   |   |   | 1,744 |   |
| Net changes in fair value of derivative financial instruments                              |   |   | - |   |   |   | - |   |   |   |  221 |   |   |   |   |   |   |   |  221 |   |
| Unrealized loss on investments                                                             |   |   | - |   |   |   | - |   |   |   | (6 | ) |   |   |   |   |   |   | (6 | ) |
| Total comprehensive loss                                                                   |   |   | - |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 2,315 |   |
|                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Reclassification  and amortization of stock compensation plans                   |   |   | - |   |   |   | 195 |   |   |   | - |   |   |   | - |   |   |   | 195 |   |
| Balance at December 31, 2007                                                               |   | $ | - |   |   | $ | 3,862 |   |   | $ | 560 |   |   | $ | (2,978 | ) |   | $ | 1,444 |   |
| Net loss                                                                                   |   |   |   |   |   |   | - |   |   |   | - |   |   |   | (2,531 | ) |   |   | (2,531 | ) |
| Pension, retiree medical and other liability                                               |   |   | - |   |   |   |   |   |   |   | (2,724 | ) |   |   |   |   |   |   | (2,724 | ) |
| Net changes in fair value of derivative financial instruments                              |   |   | - |   |   |   |  - |   |   |   | (1,116 | ) |   |   |   |   |   |   | (1,116 | ) |
| Unrealized loss on investments                                                             |   |   | - |   |   |   | - |   |   |   | (7 | ) |   |   |   |   |   |   | (7 | ) |
|            Total comprehensive loss |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (6,378 | ) |
|                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Reclassification and amortization of stock compensation plans                              |   |   | - |   |   |   |  29 |   |   |   |  - |   |   |   |  - |   |   |   | 29 |   |
| Balance at December 31, 2008                                                               |   | $ | - |   |   | $ | 3,891 |   |   | $ | (3,287 | ) |   | $ | (5,509 | ) |   | $ | (4,905 | ) |
| Net loss                                                                                   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (1,474 | ) |   |   | (1,474 | ) |
| Pension, retiree medical and other liability                                               |   |   |   |   |   |   |   |   |   |   | (117 | ) |   |   |   |   |   |   | (120 | ) |
| Net changes in fair value of derivative financial instruments                              |   |   |  - |   |   |   |  - |   |   |   |  813 |   |   |   |  - |   |   |   |  813 |   |
| Non-cash tax provision                                                                     |   |   | - |   |   |   | - |   |   |   | (248 | ) |   |   | - |   |   |   | (248 | ) |
| Unrealized gain on investments                                                             |   |   | - |   |   |   | - |   |   |   | 6 |   |   |   | - |   |   |   | 9 |   |
|            Total comprehensive loss |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (1,020 | ) |
|                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Reclassification and amortization of stock compensation plans                              |   |   |  - |   |   |   |  47 |   |   |   |  - |   |   |   |  - |   |   |   |  47 |   |
| Balance at December 31, 2009                                                               |   | $ | - |   |   | $ | 3,938 |   |   | $ | (2,833 | ) |   | $ | (6,983 | ) |   | $ | (5,878 | ) |

----

| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  |
|--------------------------------------------------|

----

|                                                   |  Depreciable Life                                                                                                    |   |
|--------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|--------|
|                                                   |                                                                                                                      |   |
| American jet aircraft and engines                      | 20 - 30 years                                                                                                             |   |
| Other regional aircraft and engines                    | 16 - 20 years                                                                                                             |   |
| Major rotable parts, avionics and assemblies           | Life of equipment to which applicable                                                                                     |   |
| Improvements to leased flight equipment                | Lesser of remaining lease term or expected useful life                                                                    |   |
| Buildings and improvements (principally onleased land) | 5 - 30 years or term of lease, including estimated renewal options when renewal is economically compelled at key airports |   |
| Furniture, fixtures and other equipment                | 3 - 10 years                                                                                                              |   |
| Capitalized software                                   | 3 - 10 years                                                                                                              |   |

----

----

|                                        |   | Aircraft Charges |   |   | Facility Exit Costs |   |   | Employee Charges |   |   | Other  |   |   | Total  |   |
|---------------------------------------------|--------|------------------|--------|--------|---------------------|--------|--------|------------------|--------|--------|--------|--------|--------|--------|--------|
| Remaining accrual at January 1, 2007   |   | $                | 126    |   |                | $      | 19     |             |   | $      | -      |   |   | $      | -      |   |   | $ | 145 |   |
|    Restructuring charges          |   |             | 63     |   |                |   | -      |             |   |   | -      |   |   |   | -      |   |   |   | 63 |   |
|    Non-cash charges               |   |             | (53    | )      |                |   | -      |             |   |   | -      |   |   |   | -      |   |   |   | (53 | ) |
|    Payments                       |   |             | (12    | )      |                |   | (1     | )                |   |   | -      |   |   |   | -      |   |   |   | (13 | ) |
| Remaining accrual at December 31, 2007 |   |             | 124    |   |                |   | 18     |             |   |   | -      |   |   |   | -      |   |   |   | 142 |   |
|    Capacity reduction charges     |   |             | 1,117  |   |                |   | -      |             |   |   | 68     |   |   |   | 25     |   |   |   | 1,210 |   |
|    Non-cash charges               |   |             | (1,103 | )      |                |   | -      |             |   |   | -      |   |   |   | (25    | ) |   |   | (1,128 | ) |
|    Adjustments                    |   |             | 1      |   |                |   | (2     | )                |   |   | -      |   |   |   | -      |   |   |   | (1 | ) |
|    Payments                       |   |             | (31    | )      |                |   | -      |             |   |   | (54    | )      |   |   | -      |   |   |   | (85 | ) |
| Remaining accrual at December 31, 2008 |   |             | 108    |   |                |   | 16     |             |   |   | 14     |   |   |   | -      |   |   |   | 138 |   |
|    Capacity reduction charges     |   |             | 164    |   |                |   | 7      |             |   |   | -      |   |   |   | -      |   |   |   | 171 |   |
|    Non-cash charges               |   |             | (68    | )      |                |   | -      |             |   |   | -      |   |   |   | -      |   |   |   | (68 | ) |
|    Adjustments               |   |             | (2     | )      |                |   | -      |             |   |   | -      |   |   |   | -      |   |   |   | (2 | ) |
|    Payments                       |   |             | (49    | )      |                |   | (3     | )                |   |   | (14    | )      |   |   | -      |   |   |   | (66 | ) |
| Remaining accrual at December 31, 2009 |   | $                | 153    |   |                | $      | 20     |             |   | $      | -      |   |   | $      | -      |   |   | $ | 173 |   |
|                                        |   |             |   |   |                |   |   |             |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                    |   | December 31, |   |
|-----------------------------------------|--------|--------------|--------|
|                                    |   | 2009         |   |   | 2008 |   |
| Overnight investments and time deposits |   | $            | 1,414  |   |   | $ | 1,572 |   |
| Corporate and bank notes                |   |         | 2,527  |   |   |   | 1,016 |   |
| U. S. government agency notes           |   |         | 300    |   |   |   | 322 |   |
|                                    |   | $            | 4,241  |   |   | $ | 2,910 |   |

| Due in one year or less              |   | $      | 3,941 |   |
|--------------------------------------|--------|--------|-------|--------|
| Due between one year and three years |   |   | 300   |   |
| Due after three years                |   |   | -     |   |
|                                 |   | $      | 4,241 |   |

| (in millions)                                |   | Fair Value Measurements as of December 31, 2009 |   |
|----------------------------------------------|--------|-------------------------------------------------|--------|
| Description                                  |   | Total                                           |   |   | Level 1 |   |   | Level 2 |   |   | Level 3 |   |
|                                         |   |                                            |   |   |   |   |   |   |   |   |   |   |
| Short term investments 1                     |   | $                                               | 4,241  |   |   | $ | 495 |   |   | $ | 3,746 |   |   |   | - |   |
| Restricted cash and short-term investments 1 |   |                                            | 460    |   |   |   | 460 |   |   |   | - |   |   |   | - |   |
| Fuel derivative contracts 1                  |   |                                            | 135    |   |   |   | - |   |   |   | 135 |   |   |   | - |   |
| Fuel derivative liability 1                  |   |                                            | (80    | ) |   |   |   |   |   |   | (80 | ) |   |   |   |   |
| Total                                        |   | $                                               | 4,756  |   |   | $ | 955 |   |   | $ | 3,801 |   |   | $ | - |   |

----

----

----

|  Year Ending December 31,              |   | CapitalLeases |   |   | OperatingLeases |   |   |   |   |
|---------------------------------------------|--------|---------------|--------|--------|-----------------|--------|--------|--------|--------|
|                                        |   |          |   |   |            |   |   |   |   |
| 2010                                        |   | $             | 181    |   |            | $      | 1,048  |   |   |   |   |
| 2011                                        |   |          | 184    |   |            |   | 1,025  |   |   |   |   |
| 2012                                        |   |          | 134    |   |            |   | 841    |   |   |   |   |
| 2013                                        |   |          | 119    |   |            |   | 749    |   |   |   |   |
| 2014                                        |   |          | 98     |   |            |   | 609    |   |   |   |   |
| 2015 and thereafter                         |   |          | 436    |   |            |   | 5,014  |   |   |   |   |
|                                        |   | $             | 1,152  |   |            | $      | 9,286  |   |   |   | (1 | ) |
| Less amount representing interest           |   |          | 463    |   |            |   |   |   |   |   |   |   |
| Present value of net minimum lease payments |   | $             | 689    |   |            |   |   |   |   |   |   |   |

|   |  (1) |  As of December 31, 2009, included in Accrued liabilities and Other liabilities and deferred credits on the accompanying consolidated balance sheet is approximately $1.2 billion relating to rent expense being recorded in advance of future operating lease payments. |
|--------|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                                                                       |   | December 31, |   |
|--------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|--------|
|                                                                                                                                       |   | 2009         |   |   | 2008 |   |
|                                                                                                                                       |   |         |   |   |   |   |
| Secured variable and fixed rate indebtedness due through 2021    (effective rates from 3.14% - 13.00% at December 31, 2009) |   | $            | 3,578  |   |   | $ | 2,633 |   |
| Enhanced equipment trust certificates due through 2019    (rates from 3.85% - 12.00% at December 31, 2009)                  |   |         | 2,022  |   |   |   | 2,382 |   |
| 6.0% - 8.5% special facility revenue bonds due through 2036                                                                                |   |         | 1,658  |   |   |   | 1,674 |   |
| AAdvantage Miles advance purchase (net of discount of $110 million)     (effective rate 8.3%)                               |   |         | 890    |   |   |   | - |   |
| Credit facility agreement due through 2010                                                                                                 |   |         | -      |   |   |   | 691 |   |
| Other                                                                                                                                      |   |         | 28     |   |   |   | 27 |   |
|                                                                                                                                       |   |         | 8,176  |   |   |   | 7,407 |   |
| Less current maturities                                                                                                                    |   |         | 791    |   |   |   | 1,305 |   |
|                                                                                                                                       |   |         |   |   |   |   |   |   |
| Long-term debt, less current maturities                                                                                                    |   | $            | 7,385  |   |   | $ | 6,102 |   |

----

| On October 9, 2009, American completed the offering of $450 million aggregate principal amount of its 10.5 percent senior secured notes due 2012 (the Senior Notes) which are guaranteed by AMR.  The Senior Notes are secured by certain of American’s aircraft, and proceeds from the offering of the notes were used to refinance American’s $432 million term loan credit facility which had a scheduledmaturity of December 17, 2010 and which was retired early on September 28, 2009. |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| Fair Value of Aircraft Fuel Derivative Instruments (all cash flow hedges)  |   |
|---------------------------------------------------------------------------------|--------|
| Asset Derivatives as of December 31,                                            |   | Liability Derivatives as of December 31, |   |
| 2009                                                                            |   | 2008 |   | 2009 |   | 2008 |   |
| Balance Sheet Location                                                          |   | Fair Value |   | Balance Sheet Location |   | Fair Value |   | Balance Sheet Location |   | Fair Value |   | Balance Sheet Location |   | Fair Value |   |
| Fuel derivative contracts                                                       |   | $ | 126 |   | Fuel derivative contracts |   | $ | - |   | Fuel derivative liability |   | $ | 71 |   | Fuel derivative liability |   | $ | 528 |   |

| Effect of Aircraft Fuel Derivative Instruments on Statements of Operations (all cash flow hedges):  |   |
|----------------------------------------------------------------------------------------------------------|--------|
| Amount of Gain (Loss) Recognized in OCI on Derivative1                                                   |   | Location of Gain (Loss) Reclassified from Accumulated OCI into Income 1, 3 |   | Amount of Gain (Loss) Reclassified from Accumulated OCI into Income 1, 3 |   | Location of Gain (Loss) Recognized in Income on Derivative 2, 3 |   | Amount of Gain (Loss) Recognized in Income on Derivative 2, 3 |   |
| 2009                                                                                                     |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| $                                                                                                        | 151    |   |   | $ | (738)  |   | Aircraft Fuel |   | $ | (601 | ) |   | $ | 343 |   |   Aircraft Fuel |   | $ | 10 |   |   | $ | 1 |   |
|                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 1 Effective portion of gain (loss)                                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 2 Ineffective portion of gain (loss)3 Does not include expense allocated to AMR Eagle     |   |   |   |   |   |

----

|                                         |   | December 31,   |   |
|----------------------------------------------|--------|----------------|--------|
|                                         |   | 2009           |   |   | 2008 |   |
|                                         |   | Carrying Value |   |   | FairValue |   |   | Carrying Value |   |   | FairValue |   |
|                                         |   |           |   |   |   |   |   |   |   |   |   |   |
| Secured variable and fixed rate indebtedness |   | $              | 3,578  |   |   | $ | 3,091 |   |   | $ | 2,633 |   |   | $ | 1,649 |   |
| Enhanced equipment trust certificates        |   |           | 2,022  |   |   |   | 1,999 |   |   |   | 2,382 |   |   |   | 1,886 |   |
| 6.0% - 8.5% special facility revenue bonds   |   |           | 1,658  |   |   |   | 1,600 |   |   |   | 1,674 |   |   |   | 1,001 |   |
| AAdvantage Miles advance purchase            |   |           | 890    |   |   |   | 893 |   |   |   |  - |   |   |   |  - |   |
| Credit facility agreement                    |   |           | -      |   |   |   | - |   |   |   | 691 |   |   |   | 545 |   |
| Other                                        |   |           | 28     |   |   |   | 28 |   |   |   | 27 |   |   |   | 28 |   |
|                                         |   | $              | 8,176  |   |   | $ | 7,611 |   |   | $ | 7,407 |   |   | $ | 5,109 |   |

| The reconciliation of the beginning and ending amounts of unrecognized tax benefit are (in millions): |
|-------------------------------------------------------------------------------------------------------|

|                                                                 |   | 2009   |   |   | 2008   |   |
|----------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Unrecognized Tax Benefit at January 1                                |   | $      | 23     |   |   | $      | 38 |   |
|    Decreases due to settlements with taxing authority |   |   | (18    | )      |   |   | (15 | ) |
| Unrecognized Tax Benefit at December 31                              |   | $      | 5      |   |   | $      | 23 |   |

----

|               |   | Year Ended December 31, |   |
|--------------------|--------|-------------------------|--------|
|               |   | 2009                    |   |   | 2008 |   |   | 2007 |   |
| Current            |   | $                       | (35    | ) |   | $ | - |   |   | $ | - |   |
| Deferred           |   |                    | (248   | ) |   |   | - |   |   |   | - |   |
| Income tax benefit |   | $                       | (283   | ) |   | $ | - |   |   | $ | - |   |

|                                                                                                   |   | Year Ended December 31, |   |
|--------------------------------------------------------------------------------------------------------|--------|-------------------------|--------|
|                                                                                                   |   | 2009                    |   |   | 2008 |   |   | 2007 |   |
| Statutory income tax provision expense/(benefit)                                                       |   | $                       | (615   | ) |   | $ | (886 | ) |   | $ | 125 |   |
| State income tax expense/(benefit),       net of federal tax effect |   |                    | (30    | ) |   |   | (35 | ) |   |   | 4 |   |
| Meal expense                                                                                           |   |                    | 6      |   |   |   | 6 |   |   |   | 7 |   |
| Change in valuation allowance                                                                          |   |                    | 588    |   |   |   | 955 |   |   |   | (130 | ) |
| Tax benefit resulting from OCI Allocation                                                              |   |                    | (248   | ) |   |   | - |   |   |   | - |   |
| Other, net                                                                                             |   |                    | 16     |   |   |   | (40 | ) |   |   | (6 | ) |
| Income tax benefit                                                                                     |   | $                       | (283   | ) |   | $ | - |   |   | $ | - |   |

----

| The components of AMR's deferred tax assets and liabilities were (in millions): |
|---------------------------------------------------------------------------------|

|                                         |   | December 31, |   |
|----------------------------------------------|--------|--------------|--------|
|                                         |   | 2009         |   |   | 2008 |   |
| Deferred tax assets:                         |   |         |   |   |   |   |
| Postretirement benefits other than pensions  |   | $            | 966    |   |   | $ | 1,166 |   |
| Rent expense                                 |   |         | 329    |   |   |   | 368 |   |
| Alternative minimum tax credit carryforwards |   |         | 523    |   |   |   | 541 |   |
| Operating loss carryforwards                 |   |         | 2,057  |   |   |   | 2,045 |   |
| Pensions                                     |   |         | 1,682  |   |   |   | 1,531 |   |
|    Frequent flyer obligation  |   |         | 638    |   |   |   | 337 |   |
| Gains from lease transactions                |   |         | 57     |   |   |   | 73 |   |
| Other                                        |   |         | 689    |   |   |   | 984 |   |
|    Total deferred tax assets  |   |         | 6,941  |   |   |   | 7,045 |   |
| Valuation allowance                          |   |         | (3,533 | ) |   |   | (3,407 | ) |
| Net deferred tax assets                      |   |         | 3,408  |   |   |   | 3,638 |   |
|                                         |   |         |   |   |   |   |   |   |
| Deferred tax liabilities:                    |   |         |   |   |   |   |   |   |
| Accelerated depreciation and amortization    |   |         | (3,257 | ) |   |   | (3,504 | ) |
| Other                                        |   |         | (151   | ) |   |   | (134 | ) |
| Total deferred tax liabilities               |   |         | (3,408 | ) |   |   | (3,638 | ) |
| Net deferred tax liability                   |   | $            | -      |   |   | $ | - |   |

----

|                     |   |           |                        |   |           |   |                                                                                    |           |   |
|--------------------------|--------|----------------|-----------------------------|--------|----------------|--------|-----------------------------------------------------------------------------------------|----------------|--------|
|                     |   | 2009           |                        |   | 2008           |   |                                                                                    | 2007           |   |
| Expected volatility      |   | 73.6% to 76.7% |                        |   | 53.0% to 55.9% |   |                                                                                    | 49.7% to 51.6% |   |
| Expected term (in years) |   |           | 4.0     |   |           |   | 4.0               |           |   |   |              4.0                |   |
| Risk-free rate           |   | 2.33% to 2.46% |                        |   | 2.98% to 3.15% |   |                                                                                    | 4.43% to 5.03% |   |
| Annual forfeiture rate   |   |           | 10.0%             |   |           |   | 10.0%                                                |           |   |   | 10.0%               |   |

|                                                                          |   | LTIP Plans                |       |   | The 2003 Plan                  |   |
|-------------------------------------------------------------------------------|--------|---------------------------|------------|--------|--------------------------------|--------|
|                                                                          |   |   Options/SSARs |       |   | Weighted AverageExercise Price |   |   |   Options |   |   | Weighted Average Exercise Price |   |
| Outstanding at January 1                                                      |   |                      | 13,805,948 |   |                           | $      | 23.88 |   |   |   | 13,809,992 |   |   | $ | 5.66 |   |
| Granted                                                                       |   |                      | 3,733,760  |   |                           |   | 4.53 |   |   |   | - |   |   |   | - |   |
| Exercised                                                                     |   |                      | -          |   |                           |   | - |   |   |   | (107,273 | ) |   |   | 5.23 |   |
| Forfeited or Expired                                                          |   |                      | (1,647,180 | )      |                           |   | 26.92 |   |   |   | (176,049 | ) |   |   | 6.11 |   |
|     Outstanding at December 31                                 |   |                      | 15,892,528 |   |                           | $      | 19.02 |   |   |   | 13,526,670 |   |   | $ | 5.66 |   |
| Exercisable at December 31                                                    |   |                      | 9,213,522  |   |                           | $      | 26.89 |   |   |   | 13,440,095 |   |   | $  | 5.61 |   |
| Weighted Average Remaining Contractual Term of Options Outstanding (in years) |   |                      |   5.1 |   |                           |   |   |   |   |   |   3.4 |   |   |   |   |   |
| Aggregate Intrinsic Value of Options Outstanding                              |   | $                         | 12,034,486 |   |                           |   |   |   |   | $ | 32,941,559 |   |   |   |   |   |

----

|                                          |   |                |       |   |                                       |    |
|-----------------------------------------------|--------|---------------------|------------|--------|--------------------------------------------|---------|
|                                          |   |  Options/SSARs |       |   | WeightedAverage Grant Date Fair Value |    |
|  Outstanding at January 1                |   |                | 4,409,987  |   |                                       | $       | 5.87 |   |
| Granted                                       |   |                | 3,733,760  |   |                                       |    | 2.54 |   |
| Vested                                        |   |                | (1,311,554 | )      |                                       |    | 5.98 |   |
| Forfeited                                     |   |                | (66,612    | )      |                                       |    | 5.29 |   |
|     Outstanding at December 31 |   |                | 6,765,581  |   |                                       | $  | 4.02 |   |

|                                          |   |  Awards |       | Weighted Average Remaining Contractual Term |   | Aggregate Intrinsic Value |
|-----------------------------------------------|--------|--------------|------------|---------------------------------------------|--------|---------------------------|
| Outstanding at January 1                      |   |         | 5,766,253  |                                        |   |                      |   |
| Granted                                       |   |         | 3,792,575  |                                        |   |                      |   |
| Settled                                       |   |         | (1,152,197 | )                                           |   |                      |   |
| Forfeited or Expired                          |   |         | (543,176   | )                                           |   |                      |   |
|     Outstanding at December 31 |   |         | 7,863,455  |                                        | 1.5    |                      |   $ 60,784,507 |

----

|                                          |   |         |      |                                   |   |                                  |
|-----------------------------------------------|--------|--------------|-----------|---------------------------------------------|--------|---------------------------------------|
|                                          |   |  Shares |      | Weighted Average Remaining Contractual Term |   |   Aggregate Intrinsic Value |
|                                          |   |         |      |                                        |   |                                  |
| Outstanding at January 1                      |   |         | 4,047,878 |                                        |   |                                  |   |
| Granted                                       |   |         | 3,586,061 |                                        |   |                                  |   |
| Settled                                       |   |         | (631,180  | )                                           |   |                                  |   |
| Forfeited or Expired                          |   |         | (115,491  | )                                           |   |                                  |   |
|     Outstanding at December 31 |   |         | 6,887,268 |                                        | 2.9    |                                  |    $53,238,583 |

----

|                                                 |   | Pension Benefits |   |   | Retiree Medical and Other Benefits |   |
|------------------------------------------------------|--------|------------------|--------|--------|------------------------------------|--------|
|                                                 |   | 2009             |   |   | 2008                               |   |   | 2009 |   |   | 2008 |   |
| Reconciliation of benefit obligation                 |   |             |   |   |                               |   |   |   |   |   |   |   |
| Obligation at January 1                              |   | $                | 10,884 |   |                               | $      | 10,451 |   |   | $ | 2,779 |   |   | $ | 2,672 |   |
| Service cost                                         |   |             | 333    |   |                               |   | 324 |   |   |   | 59 |   |   |   | 54 |   |
| Interest cost                                        |   |             | 712    |   |                               |   | 684 |   |   |   | 179 |   |   |   | 172 |   |
| Actuarial (gain) loss                                |   |             | 675    |   |                               |   | 254 |   |   |   | 67 |   |   |   | 22 |   |
| Plan amendments                                      |   |             | -      |   |                               |   | (14 | ) |   |   | (101 | ) |   |   | - |   |
| Benefit payments                                     |   |             | (601   | )      |                               |   | (815 | ) |   |   | (156 | ) |   |   | (141 | ) |
|                                                 |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Obligation at December 31                            |   | $                | 12,003 |   |                               | $      | 10,884 |   |   | $ | 2,827 |   |   | $ | 2,779 |   |
|                                                 |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Reconciliation of fair value of plan assets          |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of plan assets at January 1               |   | $                | 6,714  |   |                               | $      | 9,099 |   |   | $ | 161 |   |   | $ | 224 |   |
| Actual return on plan assets                         |   |             | 928    |   |                               |   | (1,659 | ) |   |   | 34 |   |   |   | (75 | ) |
| Employer contributions                               |   |             | 10     |   |                               |   | 89 |   |   |   | 167 |   |   |   | 153 |   |
| Benefit payments                                     |   |             | (601   | )      |                               |   | (815 | ) |   |   | (156 | ) |   |   | (141 | ) |
|                                                 |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Fair value of plan assets at December 31             |   | $                | 7,051  |   |                               | $      | 6,714 |   |   | $ | 206 |   |   | $ | 161 |   |
|                                                 |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Funded status at December 31                         |   | $                | (4,952 | )      |                               | $      | (4,170 | ) |   | $ | (2,621 | ) |   | $ | (2,618 | ) |
|                                                 |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Amounts recognized in theconsolidated balance sheets |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Current liability                                    |   | $                | 9      |   |                               | $      | 11 |   |   | $ | 167 |   |   | $ | 163 |   |
| Noncurrent liability                                 |   |             | 4,943  |   |                               |   | 4,159 |   |   |   | 2,454 |   |   |   | 2,455 |   |
|                                                 |   | $                | 4,952  |   |                               | $      | 4,170 |   |   | $ | 2,621 |   |   | $ | 2,618 |   |
|  Amounts recognized inother comprehensive loss  |   |             |   |   |                               |   |   |   |   |   |   |   |   |   |   |   |
| Net actuarial loss (gain)                            |   | $                | 3,008  |   |                               | $      | 2,839 |   |   | $ | (402 | ) |   | $ | (458 | ) |
| Prior service cost (credit)                          |   |             | 94     |   |                               |   | 108 |   |   |   | (147 | ) |   |   | (53 | ) |
|                                                 |   | $                | 3,102  |   |                               | $      | 2,947 |   |   | $ | (549 | ) |   | $ | (511 | ) |

----

| For plans with accumulated benefit obligationsexceeding the     fair value ofplan assets |   | Pension Benefits |   |   | Retiree Medical and Other Benefits |   |
|--------------------------------------------------------------------------------------------------------------|--------|------------------|--------|--------|------------------------------------|--------|
|                                                                                                         |   | 2009             |   |   | 2008                               |   |   | 2009 |   |   | 2008 |   |
| Projected benefit obligation (PBO)                                                                           |   | $                | 11,977 |   |                               | $      | 10,884 |   |   | $ | - |   |   | $ | - |   |
| Accumulated benefit obligation (ABO)                                                                         |   |             | 10,558 |   |                               |   | 9,656 |   |   |   | - |   |   |   | - |   |
| Accumulated postretirement benefit obligation (APBO)                                                         |   |             | -      |   |                               |   | - |   |   |   | 2,827 |   |   |   | 2,779 |   |
| Fair value of plan assets                                                                                    |   |             | 7,027  |   |                               |   | 6,714 |   |   |   | 206 |   |   |   | 161 |   |
| ABO less fair value of plan assets                                                                           |   |             | 3,531  |   |                               |   | 2,942 |   |   |   | - |   |   |   | - |   |

|                                                |   | Pension Benefits |      |
|-----------------------------------------------------|--------|------------------|-----------|
|                                                |   | 2009             |      |   | 2008 |   |   | 2007 |   |
| Components of net periodic benefit cost             |   |             |      |   |   |   |   |   |   |
| Defined benefit plans:                              |   |             |      |   |   |   |   |   |   |
| Service cost                                        |   | $                | 333       |   |   | $ | 324 |   |   | $ | 370 |   |
| Interest cost                                       |   |             | 712       |   |   |   | 684 |   |   |   | 672 |   |
| Expected return on assets                           |   |             | (566      | ) |   |   | (789 | ) |   |   | (747 | ) |
| Amortization of:                                    |   |             |      |   |   |   |   |   |   |   |   |   |
| Prior service cost                                  |   |             | 13        |   |   |   | 16 |   |   |   | 16 |   |
| Settlement                                          |   |             | -         |   |   |   | 103 |   |   |   | - |   |
| Unrecognized net loss                               |   |             | 145       |   |   |   | 3 |   |   |   | 25 |   |
| Net periodic benefit cost for defined benefit plans |   |             |  637 |   |   |   |  341 |   |   |   | 336 |   |
|                                                |   |             |      |   |   |   |   |   |   |   |   |   |
| Defined contribution plans                          |   |             | 153       |   |   |   | 156 |   |   |   | 151 |   |
|                                                |   | $                | 790       |   |   | $ | 497 |   |   | $ | 487 |   |

|                                    |   | Retiree Medical and Other Benefits |   |
|-----------------------------------------|--------|------------------------------------|--------|
|                                    |   | 2009                               |   |   | 2008 |   |   | 2007 |   |
| Components of net periodic benefit cost |   |                               |   |   |   |   |   |   |   |
| Service cost                            |   | $                                  | 59     |   |   | $ | 54 |   |   | $ | 70 |   |
| Interest cost                           |   |                               | 179    |   |   |   | 172 |   |   |   | 194 |   |
| Expected return on assets               |   |                               | (14    | ) |   |   | (20 | ) |   |   | (18 | ) |
| Amortization of:                        |   |                               |   |   |   |   |   |   |   |   |   |   |
| Prior service cost                      |   |                               | (8     | ) |   |   | (13 | ) |   |   | (13 | ) |
| Unrecognized net loss (gain)            |   |                               | (14    | ) |   |   | (22 | ) |   |   | (7 | ) |
| Net periodic benefit cost               |   | $                                  | 202    |   |   | $ | 171 |   |   | $ | 226 |   |

----

|                                                                                 |   | Pension Benefits |   |   | Retiree Medical and Other Benefits |   |
|--------------------------------------------------------------------------------------|--------|------------------|--------|--------|------------------------------------|--------|
|                                                                                 |   | 2009             |   |   | 2008                               |   |   | 2009 |   |   | 2008 |   |
| Weighted-average assumptions used to determine benefit obligations as of December 31 |   |             |   |   |                               |   |   |   |   |   |   |   |
| Discount rate                                                                        |   |             | 6.10   | %      |                               |   | 6.50 | % |   |   | 5.90 | % |   |   | 6.50 | % |
| Salary scale (ultimate)                                                              |   |             | 3.78   |   |                               |   | 3.78 |   |   |   | - |   |   |   | - |   |

|                                                                                                     |   | Pension Benefits |   |   | Retiree Medical and Other Benefits |   |
|----------------------------------------------------------------------------------------------------------|--------|------------------|--------|--------|------------------------------------|--------|
|                                                                                                     |   | 2009             |   |   | 2008                               |   |   | 2009 |   |   | 2008 |   |
| Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31 |   |             |   |   |                               |   |   |   |   |   |   |   |
| Discount rate                                                                                            |   |             | 6.50   | %      |                               |   | 6.50 | % |   |   | 6.50 | % |   |   | 6.00 | % |
| Salary scale (ultimate)                                                                                  |   |             | 3.78   |   |                               |   | 3.78 |   |   |   | - |   |   |   | - |   |
| Expected return on plan assets                                                                           |   |             | 8.75   |   |                               |   | 8.75 |   |   |   | 8.75 |   |   |   | 8.75 |   |

| Asset Class/Sub-Class           |   | Allowed Range |         |
|---------------------------------|--------|---------------|--------------|
|                            |   |          |         |
| Equity                          |   |          | 58% - 68%    |   |
| Public:                         |   |          |         |   |
|   U.S. Value          |   |          | 20% - 35%    |   |
|   International Value |   |          | 15% - 25%    |   |
|   Emerging Markets    |   |          | 0% - 6% |   |
| Alternative Investments         |   |          | 0% - 18%     |   |
| Fixed Income                    |   |          | 32% - 42%    |   |
|   U.S. Long Duration  |   |          | 30% - 40%    |   |
|   Emerging Markets    |   |          | 0% - 4%      |   |
| Other                           |   |          | 0% - 5%      |   |
| Cash Equivalents                |   |          | 0% - 5%      |   |

----

|                                                                                   |   | Fair Value Measurements at December 31, 2009 (in millions)     |    |
|----------------------------------------------------------------------------------------|--------|----------------------------------------------------------------|---------|
|                                                                                   |   | Quoted Prices in Active Markets for Identical Assets (Level 1) |    |   | Significant Observable Inputs (Level 2) |   |   | Significant Unobservable Inputs (Level 3) |   |   |   Total |   |
| Asset Category                                                                         |   |                                                           |    |   |   |   |   |   |   |   |   |   |
|   Cash and cash equivalents                                                  |   | $                                                              | 162     |   |   | $ | – |   |   | $ | – |   |   | $ | 162 |   |
|  Equity securities                                                                |   |                                                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    International markets (a)(e)                                              |   |                                                           | 1,410   |   |   |   | – |   |   |   | – |   |   |   | 1,410 |   |
|    Large-cap companies (b)(e)                                                |   |                                                           | 1,431   |   |   |   | – |   |   |   | – |   |   |   | 1,431 |   |
|        Mid-cap companies (c)(e)                          |   |                                                           | 241     |   |   |   | – |   |   |   | – |   |   |   | 241 |   |
|        Small-cap companies(d)(e)                         |   |                                                           | 49      |   |   |   | – |   |   |   | – |   |   |   | 49 |   |
|      Fixed Income                                                  |   |                                                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|        Corporate bonds (f)                               |   |                                                           | --      |   |   |   | 2,023 |   |   |   | -- |   |   |   | 2,023 |   |
|    Government securities (g)                                                 |   |                                                           | --      |   |   |   | 793 |   |   |   | -- |   |   |   | 793 |   |
|    U.S. municipal securities                                                 |   |                                                           | --      |   |   |   | 40 |   |   |   | -- |   |   |   | 40 |   |
| Alternative investments                                                                |   |                                                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Private equity funds (h)                                                  |   |                                                           | – |   |   |   | - |   |   |   | 744 |   |   |   | 744 |   |
|    Common/collective and 103-12    investment trusts (i) |   |                                                           | – |   |   |   | 115 |   |   |   | – |   |   |   |  115 |   |
|    Insurance group annuity contracts                                         |   |                                                           | – |   |   |   | – |   |   |   | 3 |   |   |   | 3 |   |
| Dividend and interest receivable                                                       |   |                                                           | 40      |   |   |   | – |   |   |   | – |   |   |   | 40 |   |
| Total                                                                                  |   | $                                                              | 3,333   |   |   | $  | 2,971 |   |   | $  | 747 |   |   | $  | 7,051 |   |

----

| (a)   | Holdings are diversified as follows: 20 percent United Kingdom, 14 percent Japan, 12 percent France, 10 percent Germany, 9 percent Switzerland, 6 percent Netherlands, 6 percent emerging markets and the remaining 23 percent with no concentration greater than 5 percent in any one country. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Holdings include 85 percent U.S. companies, 11 percent international companies and 4 percent emerging market companies traded in the U.S. markets. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Holdings include 85 percent U.S. companies, 13 percent international companies and 2 percent emerging market companies traded in the U.S. markets. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   |  Holdings include 92 percent U.S. companies, 5 percent international companies and 3 percent emerging market companies traded in the U.S. markets. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | There are no significant concentration of holdings by company or industry. |
|-----------------|----------------------------------------------------------------------------|

| (f)   | Includes approximately 76 percent investments in corporate debt or a Standard and Poor’s (S&P) rating lower than A and 24 percent investments in corporate debt of an S&P rating A or higher.  Holdings include 81 percent U.S. companies, 17 percent international companies and 2 percent emerging market companies. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (g)   | Includes approximately 80 percent investments in domestic government securities, 19 percent in emerging market government securities and 1 percent in other international government securities.  There are no significant foreign currency risks within this classification. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (h)   | Includes limited partnerships that invest primarily in U.S. (93 percent) and European (7 percent) buyout opportunities. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------|

| (i)   | Includes investments in emerging markets, global small companies and Canadian segregated funds. |
|-----------------|-------------------------------------------------------------------------------------------------|

|                                                                             |   | Private Equity Partnerships |   |   | Insurance Group Annuity Contracts |   |
|----------------------------------------------------------------------------------|--------|-----------------------------|--------|--------|-----------------------------------|--------|
| Beginning balance at December 31, 2008                                           |   | $                           | 613    |   |                              | $      | 3 |   |
| Actual return on plan assets:Relating to assets still held at the reporting date |   |                        | 47     |   |                              |   | - |   |
| Relating to assets sold during the period                                        |   |                        | 1      |   |                              |   | - |   |
| Purchases, sales, settlements (net)                                              |   |                        | 83     |   |                              |   | - |   |
| Ending balance at December 31, 2009                                              |   | $                           | 744    |   |                              | $      | 3 |   |

|                              |   | Fair Value Measurements at December 31, 2009 (in millions)     |    |
|-----------------------------------|--------|----------------------------------------------------------------|---------|
|                              |   | Quoted Prices in Active Markets for Identical Assets (Level 1) |    |   | Significant Observable Inputs (Level 2) |   |   | Significant Unobservable Inputs (Level 3) |   |   |   Total |   |
| Asset Category                    |   |                                                           |    |   |   |   |   |   |   |   |   |   |
|   Money market fund     |   | $                                                              | 4       |   |   | $ | – |   |   | $ | – |   |   | $ | 4 |   |
|   Unitized mutual funds |   |                                                           | – |   |   |   | 202 |   |   |   | – |   |   |   | 202 |   |
|                              |   |                                                           |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                             |   | $                                                              | 4       |   |   | $ | 202 |   |   | $ | – |   |   | $ | 206 |   |

----

|                                                                              |   | 2009   |   |   | 2008   |   |
|-----------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Assumed health care trend rates at December 31                                    |   |   |   |   |   |   |
| Health care cost trend rate assumed for next year                                 |   |   | 7.0%   |   |   |   | 7.5% |   |
| Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) |   |   | 4.5%   |   |   |   | 4.5% |   |
| Year that the rate reaches the ultimate trend rate                                |   |   | 2015   |   |   |   | 2015 |   |

|                                                                           |   | One Percent Increase |   |   | One Percent Decrease |   |
|--------------------------------------------------------------------------------|--------|----------------------|--------|--------|----------------------|--------|
|                                                                           |   |                 |   |   |                 |   |
| Impact on 2009 service and interest cost                                       |   |                 | 23     |   |                 |   | (22) |   |
| Impact on postretirement benefit obligation  as of December 31, 2009 |   |                 | 232    |   |                 |   | (228) |   |
|                                                                           |   |                 |   |   |                 |   |   |   |

|              |   |   | Pension |   |   | Retiree Medical and Other |   |
|-------------------|--------|--------|---------|--------|--------|---------------------------|--------|
| 2010              |   |   |    | 550    |   |                      |   | 167 |   |
| 2011              |   |   |    | 572    |   |                      |   | 169 |   |
| 2012              |   |   |    | 603    |   |                      |   | 167 |   |
| 2013              |   |   |    | 678    |   |                      |   | 168 |   |
| 2014              |   |   |    | 738    |   |                      |   | 170 |   |
| 2015 – 2019 |   |   |    | 4,633  |   |                      |   | 971 |   |

----

|                         |   | 2009   |   |
|------------------------------|--------|--------|--------|
|                         |   | Cost   |   |   | Accumulated Amortization |   |   | Net Book Value |   |
| Amortized intangible assets: |   |   |   |   |   |   |   |   |   |
| Airport operating rights     |   | $      | 447    |   |   | $ | 271 |   |   | $ | 176 |   |
| Gate lease rights            |   |   | 182    |   |   |   | 122 |   |   |   | 60 |   |
| Total                        |   | $      | 629    |   |   | $ | 393 |   |   | $ | 236 |   |

|                         |   | 2008   |   |
|------------------------------|--------|--------|--------|
|                         |   | Cost   |   |   | Accumulated Amortization |   |   | Net Book Value |   |
| Amortized intangible assets: |   |   |   |   |   |   |   |   |   |
| Airport operating rights     |   | $      | 447    |   |   | $ | 253 |   |   | $ | 194 |   |
| Gate lease rights            |   |   | 182    |   |   |   | 114 |   |   |   | 68 |   |
| Total                        |   | $      | 629    |   |   | $ | 367 |   |   | $ | 262 |   |
|                         |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                                        |   | Pension and Retiree Medical Liability |      |   | Unrealized Gain/(Loss) on Investments |   |     | Derivative Financial Instruments |   |   | Income Tax Benefit/ (Expense) |   |   | Total  |     |
|-----------------------------------------------------------------------------|--------|---------------------------------------|-----------|--------|---------------------------------------|--------|----------|----------------------------------|--------|--------|-------------------------------|--------|--------|--------|----------|
| Balance at January 1, 2007                                                  |   | $                                     | (1,456    | )      |                                  | $      | 4        |                             |   | $      | 17                            |   |   | $      | 36       |   |   | $ | (1,399 | ) |
| Current year net change                                                     |   |                                  | 1,723     |   |                                  |   | (6       | )                                |   |   | -                             |   |   |   | -        |   |   |   | 1,717 |   |
| Amortization of actuarial loss and prior service cost                       |   |                                  |  21  |   |                                  |   |     |                             |   |   |                          |   |   |   |     |   |   |   |  21 |   |
| Reclassification of derivative financial instruments into earnings          |   |                                  |   -  |   |                                  |   |   - |                             |   |   | (158                          | )      |   |   |   - |   |   |   | (158 | ) |
| Change in fair value of derivative financial     instruments |   |                                  | -         |   |                                  |   | -        |                             |   |   | 379                           |   |   |   | -        |   |   |   |  379 |   |
| Balance at December 31, 2007                                                |   |                                  | 288       |   |                                  |   | (2       | )                                |   |   | 238                           |   |   |   | 36       |   |   |   | 560 |   |
| Current year change                                                         |   |                                  | (2,707    | )      |                                  |   | (7       | )                                |   |   | -                             |   |   |   | -        |   |   |   | (2,714 | ) |
| Amortization of actuarial loss and prior     service cost    |   |                                  | (17       | )      |                                  |   |     |                             |   |   |                          |   |   |   |     |   |   |   | (17 | ) |
| Reclassification of derivative financial instruments into earnings          |   |                                  |   -  |   |                                  |   |   - |                             |   |   | (378                          | )      |   |   |   - |   |   |   | (378 | ) |
| Change in fair value of derivative financial instruments                    |   |                                  |   -  |   |                                  |   |   - |                             |   |   | (738                          | )      |   |   |   - |   |   |   | (738 | ) |
| Balance at December 31, 2008                                                |   |                                  | (2,436    | )      |                                  |   | (9       | )                                |   |   | (878                          | )      |   |   | 36       |   |   |   | (3,287 | ) |
| Current year change                                                         |   |                                  | (253      | )      |                                  |   | 6        |                             |   |   | -                             |   |   |   | -        |   |   |   | (247 | ) |
| Amortization of actuarial loss and prior     service cost    |   |                                  |  136 |   |                                  |   |     |                             |   |   |                          |   |   |   |     |   |   |   |  136 |   |
| Reclassification of derivative financial instruments into earnings          |   |                                  |   -  |   |                                  |   |   - |                             |   |   |   662                    |   |   |   |   - |   |   |   |    662 |   |
| Non-cash tax provision                                                      |   |                                  | -         |   |                                  |   | -        |                             |   |   | -                             |   |   |   | (248     | ) |   |   | (248 | ) |
| Change in fair value of derivative financial instruments                    |   |                                  |   -  |   |                                  |   |   - |                             |   |   |   151                    |   |   |   |   - |   |   |   |    151 |   |
| Balance at December 31, 2009                                                |   | $                                     | (2,553    | )      |                                  | $      | (3       | )                                |   | $      | (65                           | )      |   | $      | (212     | ) |   | $ | (2,833 | ) |

----

----

|                        |   | Year Ended December 31, |   |
|-----------------------------|--------|-------------------------|--------|
|                        |   | 2009                    |   |   | 2008 |   |   | 2007 |   |
|                        |   |                    |   |   |   |   |   |   |   |
| DOT Domestic                |   | $                       | 11,955 |   |   | $ | 14,065 |   |   | $ | 14,077 |   |
| DOT Latin America           |   |                    | 4,114  |   |   |   | 4,927 |   |   |   | 4,268 |   |
| DOT Atlantic                |   |                    | 2,973  |   |   |   | 3,671 |   |   |   | 3,556 |   |
| DOT Pacific                 |   |                    | 856    |   |   |   | 1,033 |   |   |   | 932 |   |
| Total consolidated revenues |   | $                       | 19,898 |   |   | $ | 23,696 |   |   | $ | 22,833 |   |

|                    |   | FirstQuarter |   |   | Second Quarter |   |   | Third Quarter |   |   | Fourth Quarter |   |
|-------------------------|--------|--------------|--------|--------|----------------|--------|--------|---------------|--------|--------|----------------|--------|
| 2009                    |   |         |   |   |           |   |   |          |   |   |           |   |
| Operating revenues      |   | $            | 4,834  |   |           | $      | 4,885  |          |   | $      | 5,122          |   |   | $ | 5,057 |   |
| Operating income (loss) |   |         | (227   | )      |           |   | (259   | )             |   |   | (246           | )      |   |   | (431 | ) |
| Net earnings (loss)     |   |         | (366   | )      |           |   | (388   | )             |   |   | (377           | )      |   |   | (343 | ) |
|                    |   |         |   |   |           |   |   |          |   |   |           |   |   |   |   |   |
| 2008                    |   |         |   |   |           |   |   |          |   |   |           |   |   |   |   |   |
| Operating revenues      |   | $            | 5,673  |   |           | $      | 6,155  |          |   | $      | 6,402          |   |   | $ | 5,466 |   |
| Operating income (loss) |   |         | (234   | )      |           |   | (1,339 | )             |   |   | (268           | )      |   |   | (213 | ) |
| Net earnings (loss)     |   |         | (344   | )      |           |   | (1,463 | )             |   |   | (396           | )      |   |   | (328 | ) |
|                    |   |         |   |   |           |   |   |          |   |   |           |   |   |   |   |   |

----

----

----

| PART III |
|----------|

|   |               |   | 2009   |   |   | 2008   |   |
|--------|--------------------|--------|--------|--------|--------|--------|--------|
|   |               |   |   |   |   |   |   |
|   | Audit Fees         |   | $      | 2,510  |   |   | $      | 2,466 |   |
|   | Audit Related Fees |   |   | 842    |   |   |   | 400 |   |
|   | Tax Fees           |   |   | 187    |   |   |   | 172 |   |
|   | Total              |   | $      | 3,539  |   |   | $      | 3,038 |   |

----

| PART IV |
|---------|

| (a) | (1) | The following financial statements and Independent Auditors’ Report are filed as part of this report: |
|-----|-----|-------------------------------------------------------------------------------------------------------------|

|   |                                                                                                                |   | Page   |     |
|--------|---------------------------------------------------------------------------------------------------------------------|--------|--------|----------|
|   |                                                                                                                |   |   |     |
|   | Report of Independent Registered Public Accounting Firm                                                             |   |   | 41       |   |
|   |                                                                                                                |   |   |     |   |
|   | Consolidated Statements of Operations for the Years EndedDecember 31, 2009, 2008 and 2007                           |   |   |  42 |   |
|   |                                                                                                                |   |   |     |   |
|   | Consolidated Balance Sheets at December 31, 2009 and 2008                                                           |   |   | 43-44    |   |
|   |                                                                                                                |   |   |     |   |
|   | Consolidated Statements of Cash Flows for the Years EndedDecember 31, 2009, 2008 and 2007                           |   |   |  45 |   |
|   |                                                                                                                |   |   |     |   |
|   | Consolidated Statements of Stockholder’s Equity (Deficit) for theYears Ended December 31, 2009, 2008 and 2007 |   |   |  46 |   |
|   |                                                                                                                |   |   |     |   |
|   | Notes to Consolidated Financial Statements                                                                          |   |   | 47-74    |   |

|   | (2) | The following financial statement schedule is filed as part of this report: |
|--------|-----|-----------------------------------------------------------------------------|

|   |   | Page |
|--------|--------|------|

|                                                                                                                                                                                                                                                                    |   |     |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|
|                                Schedule II     Valuation and Qualifying Accounts and Reserves |   |  83 |

|   | Schedules not included have been omitted because they are not applicable or because the required information is included in the consolidated financial statements or notes thereto. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Exhibits required to be filed by Item 601 of Regulation S-K. (Where the amount of securities authorized to be issued under any of American's long-term debt agreements does not exceed 10 percent of American's assets, pursuant to paragraph (b)(4) of Item 601 of Regulation S-K, in lieu of filing such as an exhibit, American hereby agrees to furnish to the Commission upon request a copy of any agreement with respectto such long-term debt.) |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | Exhibit |
|--------|---------|

| 10.1   | Information Technology Services Agreement, dated July 1, 1996, between American and The Sabre Group, Inc., incorporated by reference to Exhibit 10.6 to The Sabre Group Holdings, Inc.’s Registration Statement on Form S-1, file number 333-09747.  Confidential treatment was granted as to a portion of this document. |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.2   | Bylaws of American Airlines, Inc., amended January 22, 2003, incorporated by reference to American’s report on Form 10-K for the year ended December 31, 2002. |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and Gerard J. Arpey dated May 21, 1998, incorporated by reference to Exhibit 10.61 to AMR’s report on Form 10-K for the year ended December 31, 1998. |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.4   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and Peter M. Bowler, dated May 21, 1998, incorporated by reference to Exhibit 10.63 to AMR’s report on Form 10-K for the year ended December 31, 1998. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.5   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and Daniel P. Garton, dated May 21, 1998, incorporated by reference to Exhibit 10.66 to AMR’s report on Form 10-K for the year ended December 31, 1998. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.6   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and Monte E. Ford, dated November 15, 2000, incorporated by reference to Exhibit 10.74 to AMR’s report on Form 10-K for the year ended December 31, 2000. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.7   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and William K. Ris, Jr., dated October 20, 1999, incorporated by reference to Exhibit 10.79 to AMR’s report on Form 10-K for the year ended December 31, 1999. |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.8   | Form of Amendment to Executive Termination Benefits Agreement dated as January 1, 2005, incorporated by reference to Exhibit 10.124 of AMR’s report on Form 10-K for the year ended December 31, 2008. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.9   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and Gary F. Kennedy dated February 3, 2003, incorporated by reference to Exhibit 10.55 to AMR’s report on Form 10-K for the year ended December 31, 2002. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.10   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and Robert W. Reding dated May 20, 2003, incorporated by reference to Exhibit 10.71 to AMR’s report on Form 10-K for the year ended December 31, 2003. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.11   | Employment agreement between AMR, American Airlines and William K. Ris, Jr. dated November 11, 1999, incorporated by reference to Exhibit 10.73 to AMR’s report on Form 10-K for the year ended December 31, 2003. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.12   | Employment agreement between AMR, American Airlines and Robert W. Reding dated May 21, 2003, incorporated by reference to Exhibit 10.94 to AMR’s report on Form 10-K for the year ended December 31, 2004. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.13   | Amendment of employment agreement between AMR, American Airlines and Thomas W. Horton dated July 15, 2008, incorporated by reference to Exhibit 10.5 to AMR’s report on Form 10-Q for the quarterly period ended June 30, 2008. |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 10.14   | Amended and Restated Executive Termination Benefits Agreement between AMR, American Airlines and Jeffrey J. Brundage dated April 1, 2004, incorporated by reference to Exhibit 10.5 to AMR’s report on Form 10-Q for the quarterly period ended March 31, 2004. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.15   | Supplemental Executive Retirement Program for Officers of American Airlines, Inc., as amended and restated as of January 1, 2005, incorporated by reference to Exhibit 10.127 to AMR’s report on Form 10-K for the year ended December, 31, 2008. |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.16   | 2010 Annual Incentive Plan for American, incorporated by reference to Exhibit 99.1 to American’s current report on Form 8-K dated January 22, 2010. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.17   | Aircraft Purchase Agreement by and between American Airlines, Inc. and The Boeing Company, dated October 31, 1997, incorporated by reference to Exhibit 10.48 to AMR Corporation’s report on Form 10-K for the year ended December 31, 1997.  Confidential treatment was granted as to a portion of this document. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.18   | Letter Agreement dated November 17, 2004 and Purchase Agreement Supplements dated January 11, 2005 between the Boeing Company and American Airlines, Inc., incorporated by reference to Exhibit 10.99 to AMR’s report on Form 10-K for the year ended December 31, 2004. Confidential treatment was granted as to a portion of these agreements. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.19   | Letter Agreement between the Boeing Company and American Airlines, Inc. dated May 5, 2005, incorporated by reference to Exhibit 10.7 to AMR’s report on Form 10-Q for the quarterly period ended June 30, 2005.  Confidential treatment was granted as to a portion of this agreement. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.20   | Trust Agreement Under Supplemental Retirement Program for Officers of American Airlines, Inc., as amended and restated as of June 1, 2007, incorporated by reference to Exhibit 10.128 to AMR’s report on Form 10-K for the year ended December, 31, 2008. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.21   | Trust Agreement Under Supplemental Executive Retirement Program for Officers of American Airlines, Inc Participating in the $uper $aver Plus Plan, as amended and restated as of June 1, 2007, incorporated by reference to Exhibit 10.129 to AMR’s report on Form 10-K for the year endedDecember, 31, 2008. |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.22   | Credit Agreement dated as of December 17, 2004, among American Airlines, Inc., AMR Corporation, the Lenders from time to time party thereto, Citicorp USA, Inc., as Administrative Agent for the Lenders, JPMorgan Chase Bank, N.A., as Syndication Agent and Citigroup Global Markets Inc. and J.P. Morgan Securities Inc., as Joint Lead Arrangers and Joint Book-RunningManagers, incorporated by reference to Exhibit 10.103 to AMR’s report on Form 10-K for the year ended December 31, 2004. |
|-------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.23   | 2009 Annual Incentive Plan for American, incorporated by reference to Exhibit 99.1 to AMR’s current report on Form 8-K dated January 23, 2009. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.24   | Purchase Agreement Supplement by and between American Airlines, Inc. and The Boeing Company, dated August 17, 2007, incorporated by reference to Exhibit 10.24 to American Airlines Inc.’s reported on Form 10-K from the year ended December 31, 2007. Portions of this Exhibit have been omitted and filed separately with the Securities and Exchange Commissionpursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 10.25   | Purchase Agreement Supplement by and between American Airlines, Inc. and The Boeing Company, dated November 20, 2007, incorporated by reference to Exhibit 10.25 to American Airlines Inc.’s reported on Form 10-K from the year ended December 31, 2007.  Portions of this Exhibit have been omitted and filed separately with the Securities andExchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended. |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.26   | Purchase Agreement Supplement by and between American Airlines, Inc. and The Boeing Company, dated December 10, 2007, incorporated by reference to Exhibit 10.26 to American Airlines Inc.’s reported on Form 10-K from the year ended December 31, 2007.  Portions of this Exhibit have been omitted and filed separately with the Securities andExchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended. |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.27   | Purchase Agreement Supplement by and between American Airlines, Inc. and The Boeing Company, dated January 20, 2008, incorporated by reference to Exhibit 10.27 to American Airlines Inc.’s reported on Form 10-K from the year ended December 31, 2007.  Portions of this Exhibit have been omitted and filed separately with the Securities andExchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.28   | Purchase Agreement Supplement by and between American Airlines, Inc. and The Boeing Company, dated February 11, 2008, incorporated by reference to Exhibit 10.28 to American Airlines Inc.’s reported on Form 10-K from the year ended December 31, 2007.   Portions of this Exhibit have been omitted and filed separately with the Securitiesand Exchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended. |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.29   | Purchase Agreement No. 3219 between American Airlines, Inc. and The Boeing Company, dated as of October 15, 2008.  this Exhibit have been omitted and filed separately with the Securities and Exchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended, incorporated byreference to Exhibit 10.138 to AMR’s report on Form 10-K for the year ended December 31, 2008. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.30   | Purchase Agreement Supplement by and between American Airlines, Inc. and The Boeing Company, dated as of June 9, 2009.  Portions of this Exhibit have been omitted and filed separately with the Securities and Exchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended, incorporatedby reference to Exhibit 10.5 to American’s report on Form 10-QA for the quarter ended June 30, 2009. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.31   | Purchase Agreement Supplement by and between American Airlines, Inc. and The Boeing Company, dated December 18, 2009.  Portions of this Exhibit have been omitted and filed separately with the Securities and Exchange Commission pursuant to a confidential treatment request under Rule 24b-2 of the Securities and Exchange Act of 1934, as amended. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12      | Computation of ratio of earnings to fixed charges for the years ended December 31, 2009, 2008, 2007, 2006, and 2005. |
|----------------------------------|----------------------------------------------------------------------------------------------------------------------|

| 23      | Consent of Independent Registered Public Accounting Firm. |
|----------------------------------|-----------------------------------------------------------|

| 31.1   | Certification of Chief Executive Officer pursuant to Rule 13a-14(a). |
|------------------|----------------------------------------------------------------------|

| 31.2   | Certification of Chief Financial Officer pursuant to Rule 13a-14(a). |
|------------------|----------------------------------------------------------------------|

| 32      | Certification pursuant to Rule 13a-14(b) and section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code). |
|----------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| By:    | /s/ Gerard J. Arpey                                                       |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Gerard J. Arpey                                                                                                                                                                                                                                                                                                                                         |
|   | Chairman, President and Chief Executive Officer                                                                                                                                                                                                                                                                                                         |
|   | (Principal Executive Officer)                                                                                                                                                                                                                                                                                                                           |
|   |                                                                                                                                                                                                                                                                                                                                                    |   |

| /s/ Gerard J. Arpey                                                          |   | /s/ Thomas W. Horton                                                                             |
|------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------|
| Gerard J. Arpey                                                              |   | Thomas W. Horton                                                                                 |
| Director, Chairman and Chief Executive Officer (Principal Executive Officer) |   | Executive Vice President and Chief Financial Officer(Principal Financial and Accounting Officer) |

| /s/ John W. Bachmann               |   | /s/ Michael A. Miles        |
|------------------------------------|--------|-----------------------------|
| John W. Bachmann, Director         |   | Michael A. Miles, Director  |
|                               |   |                        |
|                               |   |                        |
| /s/ David L. Boren                 |   | /s/ Philip J. Purcell       |
| David L. Boren, Director           |   | Philip J. Purcell, Director |
|                               |   |                        |
|                               |   |                        |
| /s/ Armando M. Codina              |   | /s/ Ray M. Robinson         |
| Armando M. Codina, Director        |   | Ray M. Robinson, Director   |
|                               |   |                        |
|                               |   |                        |
| /s/ Rajat K. Gupta                 |   | /s/ Judith Rodin            |
| Rajat K. Gupta, Director           |   | Judith Rodin, Director      |
|                               |   |                        |
|                               |   |                        |
| /s/ Alberto Ibargüen          |   | /s/ Matthew K. Rose         |
| Alberto Ibargüen, Director    |   | Matthew K. Rose, Director   |
|                               |   |                        |
|                               |   |                        |
| /s/ Ann McLaughlin Korologos       |   | /s/ Roger T. Staubach       |
| Ann McLaughlin Korologos, Director |   | Roger T. Staubach, Director |
|                               |   |                        |
|                               |   |                        |
|  Date: February 17, 2010 |   |                        |
|                               |   |                        |

----

|                                        |   |  Balanceatbeginning of year |   |   |   Changes charged to statement of operations accounts |   |   |     Payments |   |   |   Write-offs (net of recoveries) |   |   | Sales,retire-mentsand transfers |   |   | Balanceatend ofyear |   |
|---------------------------------------------|--------|---------------------------------------|--------|--------|------------------------------------------------------------|--------|--------|-----------------------------|--------|--------|--------------------------------------------|--------|--------|--------------------------------------|--------|--------|---------------------|--------|
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |
| Year ended December 31, 2009                |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |
| Allowance forobsolescence of inventories    |   | $                                     | 437    |   |                                                       | $      | 38     |                        |   | $      | -                                          |   |   | $                                    | -      |   |                | $      | (18) |   |   | $ | 457 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Allowance foruncollectible accounts         |   |                                  | 49     |   |                                                       |   | 5      |                        |   |   | -                                          |   |   |                                 | 3      |   |                |   | - |   |   |   | 57 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Reserves for environmentalremediation costs |   |                                  | 18     |   |                                                       |   | 1      |                        |   |   | (1)                                        |   |   |                                 | -      |   |                |   | - |   |   |   | 18 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Year ended December 31, 2008                |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Allowance forobsolescence of inventories    |   | $                                     | 373    |   |                                                       | $      | 88     |                        |   | $      | -                                          |   |   | $                                    | -      |   |                | $      | (24) |   |   | $ | 437 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Allowance foruncollectible accounts         |   |                                  | 40     |   |                                                       |   | 6      |                        |   |   | -                                          |   |   |                                 | 3      |   |                |   | - |   |   |   | 49 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Reserves for environmentalremediation costs |   |                                  | 21     |   |                                                       |   | 2      |                        |   |   | (5)                                        |   |   |                                 | -      |   |                |   | - |   |   |   | 18 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Year ended December 31, 2007                |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Allowance forobsolescence of inventories    |   | $                                     | 364    |   |                                                       | $      | 24     |                        |   | $      | -                                          |   |   | $                                    | -      |   |                | $      | (15) |   |   | $ | 373 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Allowance foruncollectible accounts         |   |                                  | 44     |   |                                                       |   | (1)    |                        |   |   | -                                          |   |   |                                 | (3)    |   |                |   | - |   |   |   | 40 |   |
|                                        |   |                                  |   |   |                                                       |   |   |                        |   |   |                                       |   |   |                                 |   |   |                |   |   |   |   |   |   |   |
| Reserves for environmentalremediation costs |   |                                  | 33     |   |                                                       |   | -      |                        |   |   | (7)                                        |   |   |                                 | (5)    |   |                |   | - |   |   |   | 21 |   |