American Airlines Group, Inc. · NASDAQ:AAL
American Airlines — IPO Roadshow (January 2011)
14 slides from American Airlines's IPO roadshow presentation, Jan 20, 2011
Slide 1: 2011-1 EETC Investor Presentation
2011-1 EETC Investor Presentation January 20, 2011
Slide 2: Safe Harbor
Safe Harbor Please note that many of our statements will constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which constitute our expectations or beliefs concerning futu
Slide 3: Investor presentation notice and prospectus information
This investor presentation highlights basic information about us and this offering. Because it is a summary, it does not contain all of the information that you should consider before investing. We have filed a registration statement (including a prospectus and a prospectus supplement) with the SEC
Slide 4: American Airlines 2011-1 EETC
American Airlines 2011-1 EETC American Airlines ("American") is offering $657,032,000 of Pass Through Certificates, Series 2011-1 in two classes: Class A: $503,206,000 Class B: $153,826,000 The Certificates will have the benefit of a security interest in 30 aircraft that are owned and operated by Am
Slide 5: Summary of the Offering
Summary of the Offering 4 Class A Class B $503,206,000 $153,826,000 A- / Baa3 BB+ / B1 48.3% 62.4% Fixed, semi-annual, 30/360 day count 6.6 years 5.3 years January 31 and July 31 January 31 and July 31 January 31, 2021 January 31, 2018 0.5 - 10.0 years 0.5 - 7.0 years July 31, 2022 July 31, 2019 Yes
Slide 6: Structural Strengths
Structural Strengths Classes Offered: Two tranches of amortizing debt are being offered, each benefiting from a separate liquidity facility covering three semi-annual interest payments Waterfall: Interest on the Preferred Pool Balance on the Class B will be paid ahead of Class A principal (consisten
Slide 7: Collateral Summary
Collateral Summary 1 The lesser of the average and median of Maintenance Adjusted Base Values as appraised by Aircraft Information Services, BK Associates and Morten Beyer & Agnew 2 ETOPS approved aircraft 6
Slide 8: Aircraft Appraisals
American has obtained Desktop Appraisals from three appraisers: Aircraft Information Services, BK Associates and Morten Beyer & Agnew Appraisals are based on Maintenance Adjusted Base Values Maintenance Adjusted Base Value includes adjustments from the mid-time, mid- life baseline to account for the
Slide 9: Collateral Pool
Collateral Pool 1 Source: MBA and Ascend 2 Source: American Airlines (only with respect to the statement about American's operations) Collateral pool is predominantly represented by B777-200ERs and B737-800s (81% by appraised value) The B777-200ER and B737-800 are among the more popular and liquid a
Slide 10: Boeing 737-800 Overview
Boeing 737-800 Overview Features1: Currently one of the most popular and liquid type of aircraft in existence Expected to be in production for next 10+ years 120+ airline operators including a mix of legacy, charter and low cost carriers Preferred aircraft type for lessors Over 3,400 aircraft have b
Slide 11: Boeing 757-200 Overview
Boeing 757-200 Overview Features1: Only aircraft type currently operated by all U.S. legacy carriers2 757 family has the most seats in the narrowbody market Offers the lowest seat-mile costs in its market class Highly versatile aircraft, serving a mix of routes including short-haul and transatlantic
Slide 12: Boeing 767-300ER Overview
Boeing 767-300ER Overview Features1: A preferred type for medium-long haul service, particularly in lower capacity markets Currently about 500 aircraft in service The market has started expanding to Russia, Africa and developing Asia One of the most efficient and cost effective medium-widebody aircr
Slide 13: Boeing 777-200ER Overview
Boeing 777-200ER Overview Features1: One of the most popular widebody aircraft in service Only one aircraft parked as of October 2010 Boeing's best selling widebody family and second best selling aircraft family from 1988 to present Large global penetration spread over diverse operating base Freight
Slide 14: Company Information
Company Information As of December 31, 2010, American Airlines, principal subsidiary of AMR Corporation, provides scheduled jet services to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe and Asia. Together with its regional affiliates, American Airlines