American Airlines 1999 Annual Report Download - page 38

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Investments The Company is subject to market risk related to
its ownership of, excluding the depository certificates held on
behalf of Sabre, approximately 1.2 million and 1.4 million
depository certificates convertible, subject to certain restrictions,
into the common stock of Equant, as of December 31, 1999 and
1998, respectively. The estimated fair value of these depository
certificates was approximately $136 million and $100 million as
of December 31, 1999 and 1998, respectively, based upon the
market value of Equant common stock.
In addition, the Company holds investments in certain other
entities, primarily foreign airlines, which are subject to market
risk. However, the impact of such market risk on earnings is not
significant due to the immateriality of the carrying value and
the geographically diverse nature of these holdings.
AMR CORPORATION
37
OPERATING AIRCRAFT FLEETS
Weighted
Average
Current Capital Operating Age
(At December 31, 1999) Seating Capacity(1) Owned Leased Leased Total (Years)
American Aircraft
Airbus A300-600R 192/266/267 10 – 25 35 10
Boeing 727-200 150 60 8 – 68 22
Boeing 737-800 146 24 – – 24 1
Boeing 757-200 188 56 15 31 102 7
Boeing 767-200 172 8 – – 8 17
Boeing 767-200 Extended Range 165 9 13 – 22 14
Boeing 767-300 Extended Range 207 26 13 10 49 7
Boeing 777-200 IGW 237 11 – – 11 1
Fokker 100 97 66 5 4 75 7
McDonnell Douglas DC-10-10 237/290/297 3 – – 3 21
McDonnell Douglas DC-10-30 271/282 4 – 1 5 25
McDonnell Douglas MD-11 238/255 11 – – 11 7
McDonnell Douglas MD-80 133/139 125 25 129 279 12
McDonnell Douglas MD-90 148 – – 5 5 3
Total 413 79 205 697 11
AM R Eagle Aircraft
ATR 42 46 20 – 12 32 9
Embraer 135 37 9 – – 9 –
Embraer 145 50 45 – – 45 1
Super ATR 64/66 40 – 3 43 5
Saab 340 34 22 61 31 114 8
Saab 340B Plus 34 – – 25 25 4
Total 136 61 71 268 6
(1) In February 2000, American announced its “ More Room Throughout Coach” program whereby American’s entire fleet will be reconfigured to increase the seat
pitch for more than 75,000 coach seats. As a result of this program, approximately 7,200 seats will be removed from American’s aircraft.