Good Timing! 1st Qtr results on EXEC PAYDAY

[Hopeful]

Press Release Source: AMR Corporation

AMR Corp. Will Release First Quarter 2007 Results Tomorrow
Tuesday April 17, 10:00 am ET
Analyst Call Scheduled for Wednesday, April 18, at 2 p.m. EDT; Media Q&A Session Follows

FORT WORTH, Texas, April 17 /PRNewswire-FirstCall/ -- AMR Corporation (NYSE: AMR - News) will release its first quarter financial results on Wednesday, April 18.

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Following the release, Gerard J. Arpey, AMR's Chairman and CEO, and Thomas W. Horton, AMR's Executive Vice President -- Finance and Planning and Chief Financial Officer, will make a presentation to Wall Street analysts and answer their questions during a conference call at 2 p.m. EDT. Although Arpey and Horton will conduct a separate call with media following the analyst call, the presentation portion will not be repeated.

Media may listen to the presentation and the analyst call one of two ways: by Webcast on the Investor Relations section of the About Us page on the AA.com Web site at http://www.aa.com , or by telephone. In either case, media will be in a "listen only" mode.

Following the presentation and analyst call, Arpey and Horton will be available to answer media questions during a conference call. Media who have already dialed in to listen to Arpey's and Horton's presentations may remain on the line following the analyst call. There is no need to hang up and call back.

Reporters interested in listening to Arpey's and Horton's presentations or participating in the media Q&A conference call should contact AMR Corporate Communications at 817-967-1577 for details.

A replay of the presentation will be accessible for 48 hours, scheduled to begin April 18 at 7:15 p.m. EDT through April 20 at 12:59 a.m. EDT at (320) 365-3844 -- access code: 858474. It will be available by Webcast for at least one week on the Investor Relations section of the About Us page at http://www.aa.com . Click on the Webcast icon.

Current AMR Corp. news releases can be accessed on the Internet.
The address is http://www.aa.com

 

[LGA Fleet Service]

FORT WORTH, Texas – AMR Corporation, parent company of American Airlines, Inc., today reported a net loss of $92 million in the first quarter of 2007, or $.49 per share, as compared to a net loss of $162 million, or $1.00 per share, in the first quarter of 2006. First quarter 2007 results included a benefit of $69 million, or $.43 per share, related to certain excise tax refunds.


“A loss of any size is never satisfactory,â€￾ said AMR Chairman and CEO Gerard Arpey, “but it is gratifying to have
paid out more in executive bonuses than we made for the year,despite the Company paying $349 million more for fuel because of higher fuel prices during the first quarter of 2007 versus the same period last year.â€￾ Arpey also pointed out that the Company Union had been active in managing the expectations of its members regarding upcoming contract negotiations."Usually the company has to be proactive and get the message out to labor early that the cupboard is bare."

"With the TWU we don't have to be on point with that message,they do it for us.It makes drawing up a contract that benefits the company that much easier."

 

[eolesen]

LOL! You had me going for the first paragraph... I had to check and make sure I hadn't missed a day somehow...