American Airlines 2009 Annual Report Download - page 24

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21
For information concerning the estimated useful lives and residual values for owned aircraft, lease terms for
leased aircraft and amortization relating to aircraft under capital leases, see Notes 1 and 5 to the consolidated
financial statements.
Flight Equipment – Leased
Lease expirations for the aircraft included in the table of capital and operating leased flight equipment operated by
the Company as of December 31, 2009 are:
Equipment Type
2010
2011
2012
2013
2014
2015
and
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
3
23
25
46
29
135
AMR Eagle Aircraft
Super ATR
-
-
1
12
12
14
-
-
1
12
12
14
American leases all 39 Super ATR aircraft from a third party and in turn, subleases those aircraft to AMR Eagle for
operation.
Substantially all of the Company’s aircraft leases include an option to purchase the aircraft or to extend the lease
term, or both, with the purchase price or renewal rental to be based essentially on the market value of the aircraft
at the end of the term of the lease or at a predetermined fixed amount.
Ground Properties
The Company leases or has built as leasehold improvements on leased property: most of its airport and terminal
facilities in the U.S. and overseas; its training facilities in Fort Worth, Texas; its principal overhaul and
maintenance bases at Tulsa International Airport (Tulsa, Oklahoma), Kansas City International Airport (Kansas
City, Missouri) and Alliance Airport (Fort Worth, Texas); its regional reservation offices; and local ticket and
administration offices throughout the system. In October 2009, AMR announced the planned closure of its
Kansas City overhaul and maintenance base to create a more flexible, cost-efficient operation that improves flow
and takes into account the long-term impact of the recession on travel, deep capacity cuts across the industry,
and a corresponding decline in the maintenance, repair and overhaul (MRO) business, along with the changes to
the Company’s network and corresponding fleet size. The Company owns its headquarters building in Fort Worth,
Texas, on which a mortgage loan is payable. American has entered into agreements with the Tulsa Municipal
Airport Trust; the Alliance Airport Authority, Fort Worth, Texas; the New York City Industrial Development Agency;
and the Dallas/Fort Worth, Chicago O'Hare, Newark, San Juan, and Los Angeles airport authorities to provide
funds for constructing, improving and modifying facilities and acquiring equipment which are or will be leased to
the Company. The Company also uses public airports for its flight operations under lease or use arrangements
with the municipalities or governmental agencies owning or controlling them and leases certain other ground
equipment for use at its facilities.
For information concerning the estimated lives and residual values for owned ground properties, lease terms and
amortization relating to ground properties under capital leases, and acquisitions of ground properties, see Notes 1
and 5 to the consolidated financial statements.