American Airlines 2002 Annual Report Download - page 19

Download and view the complete annual report

Please find page 19 of the 2002 American Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

17
Lease expirations for the leased aircraft included in the preceding table as of December 31, 2002, are:
Equipment Type 2003 2004 2005 2006 2007
2008
and
Thereafter
American Airlines Aircraft
Airbus A300-600R -----24
Boeing 737-800 -----10
Boeing 757-200 1 13 - - 15 38
Boeing 767-200 Extended Range -----12
Boeing 767-300 Extended Range - 5 - 2 - 11
Fokker 100 -----4
McDonnell Douglas MD-80 2 5 23 - 1 185
3 23 23 2 16 284
AMR Eagle Aircraft
ATR 42 7-----
Super ATR - 2 ----
Saab 340B - - 19 17 3 -
Saab 340B Plus - - - 8 9 8
7 2 19 25 12 8
Substantially all of the Companys 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. The Company does not intend to
purchase or extend the lease term on any aircraft with lease expirations in 2003.
Ground Properties
The Company leases, or has built as leasehold improvements on leased property, most of its airport and
terminal facilities; maintenance and 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. 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 7 to the consolidated financial statements.