American Airlines 2012 Annual Report Download - page 47

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Year Ended December 31,
2012
2011
Revenues:
Regional Affiliates
$2,914
$ 2,724
Other
169
167
$3,083
$2,891
Expenses:
Regional payments
$1,271
$2,495
Other incurred expenses
1,736
559
$3,007
$3,054
In addition, passengers connecting to American's flights from American Connection, AMR Eagle, and other third party regional airline flights generated
passenger revenues for American flights of $1.8 billion in 2012 and $1.8 billion in 2011, which are included in Revenues - Passenger in the consolidated
statements of operations.
See Note 5 and Note 17 to the consolidated financial statements for additional information on the Company's capacity purchase agreements.
Contractual Obligations
The following table summarizes the Company’s obligations and commitments as of December 31, 2012. The Debtors are still in the process of evaluating their
executory contracts in order to determine which contracts will be assumed, assumed and assigned, or rejected in their Chapter 11 Cases. Therefore, obligations
as currently quantified in the table below and in the text immediately following the footnotes to the table will continue to change. The table below does not
include contracts that have been successfully rejected through the Chapter 11 Cases. The table also does not include commitments that are contingent on events
or other factors that are uncertain or unknown at this time.
Payments Due by Year(s) Ended December 31,
(in millions)
Contractual Obligations
Total
2013
2014
and
2015
2016
and
2017
2018 and
Beyond
Operating lease payments for aircraft and facility obligations 1
$9,005
$1,031
$1,852
$1,591
$ 4,531
Firm aircraft commitments 2
11,160
2,079
1,336
1,100
6,645
Capacity purchase agreements 3
797
249
367
181
—
Long-term debt, not including liabilities subject to compromise
4
11,118
2,010
2,416
2,755
3,937
Long-term debt classified as liabilities subject to compromise 4
462
118
177
58
109
Capital lease obligations 5
683
82
132
109
360
Other purchase obligations 6
810
179
238
183
210
Other long-term liabilities 7
5,989
574
396
359
4,660
Total obligations and commitments 8
$40,024
$6,322
$6,914
$6,336
$ 20,452
1Certain special facility revenue bonds issued by municipalities—which are supported by operating leases executed by American—are guaranteed by
AMR and/or American. The special facility revenue bonds with mandatory tender provisions discussed above are included in this table based on
lease payment terms rather than their mandatory tender provision date. See Note 6 to the consolidated financial statements for additional information.
2Additional information about the Company’s obligations is included in Note 5 and Note 17 to the consolidated financial statements.
3The table reflects minimum required payments under capacity purchase agreements between American and its third party regional airlines. See Note
5 and Note 17 to the consolidated financial statements for additional information on capacity purchase agreements.
4Amounts represent contractual amounts due, including interest. Interest on variable rate debt was estimated based on the current rate at December 31,
2012.
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