American Airlines 2012 Annual Report Download - page 32

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U.S. and overseas, its training facilities in Fort Worth, Texas, its principal overhaul and maintenance base at Tulsa International Airport (Tulsa, Oklahoma),
its regional reservation offices, and local ticket and administration offices throughout the system. The Company owns its headquarters building in Fort
Worth, Texas. 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 pursuant to which
such entities issued special facility revenue bonds, the proceeds of which were used to pay a portion of the cost of constructing, improving and modifying
facilities and acquiring equipment which are leased to the Company. These special facility revenue bonds are non-recourse to the issuer. In accordance with
various orders of the Bankruptcy Court, special facility revenue bond claims in connection with the Alliance Airport, Dallas-Fort Worth International Airport
and Luis Munoz Marin International Airport in San Juan are expected to be treated as general unsecured claims. Claims relating to special facility revenue
bonds at the Newark Airport are also expected to be treated as general unsecured claims. 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 2 and 6 to the consolidated financial statements.
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