American Airlines 2001 Annual Report Download - page 39

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37
The results of operations for Sabre, AMR Services, AMR Combs and TSR have been reflected in the consolidated
statements of operations as discontinued operations. Summarized financial information of the discontinued operations is
as follows (in millions):
Year Ended December 31,
2000 1999
Sabre
Revenues $ 542 $ 2,435
Minority interest 10 57
Income taxes 36 196
Net income 43 265
AMR Services, AMR Combs and TSR
Revenues $ - $ 97
Income taxes - -
Net income - -
15. Segment Reporting
Statement of Financial Accounting Standards No. 131, “Disclosures about Segments of an Enterprise and Related
Information”, as amended (SFAS 131), requires that a public company report annual and interim financial and descriptive
information about its reportable operating segments. Operating segments, as defined, are components of an enterprise about
which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how
to allocate resources and in assessing performance.
The Company has two primary operating segments, consisting primarily of American and AMR Eagle, which represent one
reportable segment. Following the acquisition of TWA in April 2001 (see Note 3), American is the largest scheduled passenger
airline in the world. At the end of 2001, American provided scheduled jet service to more than 161 destinations throughout
North America, the Caribbean, Latin America, Europe and the Pacific. American is also one of the largest scheduled air freight
carriers in the world, providing a full range of freight and mail services to shippers throughout its system. AMR Eagle owns two
regional airlines which do business as “American Eagle” – American Eagle Airlines, Inc. and Executive Airlines, Inc. The American
Eagle carriers provide connecting service from eight of American’s high-traffic cities to smaller markets throughout the United
States, Canada, the Bahamas and the Caribbean.
Revenues from other segments are below the quantitative threshold for determining reportable segments and consist
primarily of revenues from AMR Investment Services, Inc. and Americas Ground Services, Inc. The difference between the
financial information of the Company’s one reportable segment and the financial information included in the consolidated
statements of operations and balance sheets as a result of these entities is not material.
The Company’s operating revenues by geographic region are summarized below (in millions):
Year Ended December 31,
2001 2000 1999
Domestic $ 13,657 $ 13,881 $ 12,563
Latin America 2,732 2,907 2,697
Europe 2,076 2,338 1,984
Pacific 498 577 486
Total consolidated revenues $ 18,963 $ 19,703 $ 17,730
The Company attributes operating revenues by geographic region based upon the origin and destination of each flight
segment. The Company’s tangible assets consist primarily of flight equipment which is mobile across geographic markets and,
therefore, has not been allocated.