American Airlines 2006 Annual Report Download - page 14

Download and view the complete annual report

Please find page 14 of the 2006 American Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 113

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113

10
The U.S. government has agreed to provide commercial war-risk insurance for U.S. based airlines until August
31, 2007 covering losses to employees, passengers, third parties and aircraft. If the U.S. government does not
extend the policy beyond August 31, 2007, the Company will attempt to purchase similar coverage with narrower
scope from commercial insurers at an additional cost. To the extent this coverage is not available at commercially
reasonable rates, the Company would be adversely affected. While the price of commercial insurance has
declined since the premium increases immediately after the Terrorist Attacks, in the event commercial insurance
carriers further reduce the amount of insurance coverage available to the Company, or significantly increase its
cost, the Company would be adversely affected.
Other Government Matters In time of war or during a national emergency or defense oriented situation,
American and other air carriers can be required to provide airlift services to the Air Mobility Command under the
Civil Reserve Air Fleet program. In the event the Company has to provide a substantial number of aircraft and
crew to the Air Mobility Command, its operations could be adversely impacted.
Available Information The Company makes its annual report on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K, and amendments to reports filed or furnished pursuant to Section 13(a) or 15(d) of
the Securities Exchange Act of 1934 available free of charge under the Investor Relations page on its website,
www.aa.com, as soon as reasonably practicable after such reports are electronically filed with the Securities and
Exchange Commission. In addition, the Company’s code of ethics, which applies to all employees of the
Company, including the Company’s Chief Executive Officer (CEO), Chief Financial Officer (CFO) and Controller,
is posted under the Investor Relations page on its website, www.aa.com. The Company intends to disclose any
amendments to the code of ethics, or waivers of the code of ethics on behalf of the CEO, CFO or Controller,
under the Investor Relations page on the Company’s website, www.aa.com. The charters for the AMR Board of
Directors’ standing committees (the Audit, Compensation, Diversity and Nominating/Corporate Governance
Committees), as well as the Board of Directors’ Governance Policies (the Governance Policies), are likewise
available on the Company’s website, www.aa.com. Upon request, copies of the charters or the Governance
Policies are available at no cost. Information on the Company’s website is not incorporated into or otherwise
made a part of this Report.