American Airlines 2011 Annual Report Download - page 15

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If holders of common stock recover any portion of their investment they may be subject to substantial dilution as a result of future issuances of our common
stock.


BUSINESS RISKS
The severe global economic downturn resulted in very weak demand for air travel, which has had and could continue to have a significant negative impact on
us.






Our initiatives to generate additional revenues and to reduce our costs may not be adequate or successful.










We may be adversely affected by increases in fuel prices, and we would be adversely affected by disruptions in the supply of fuel.











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