American Airlines Group, Inc. · NASDAQ:AAL

American Airlines — AMR — Corporate Update (July 2011)

19 slides from American Airlines's corporate update, Jul 20, 2011

1. Slide 1: AMR Reaches Transformational Agreements

   AMR Reaches Transformational Agreements July 2011 Exhibit 99.3

2. Slide 2: 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 the Company's expectations or beliefs concerning future

3. Slide 3: oneworld

4. Slide 4: Our Cornerstones

   • The foundation of our network strategy 4 Our Cornerstones

5. Slide 5: Landmark Deal Under FlightPlan 2020

   Landmark Deal Under FlightPlan 2020

6. Slide 6: Substantially Enhances Our Fleet Plan

   • Our historic Boeing and Airbus deals turbocharge our fleet renewal – By YE2012, the 737-800 fleet planned to outnumber our MD80 fleet 6 Substantially Enhances Our Fleet Plan 54 existing orders prior to today’s announcements

7. Slide 7: Transformational Fleet Renewal

   • Landmark deals rapidly transform American’s fleet 7 Existing Orders New Orders Options First Delivery B737-8 54 - - 2011 B737 Family - 100 40 2013 B737 Family (new) - 100 60 TBD Total Boeing 54 200 100 A320 Family - 130 85 2013 A320 Family NEO - 130 280 2017 Total Airbus - 260 365 Grand Total 54 4

8. Slide 8: Dramatically Reduces Fleet Age

   8 ~ 33% Dramatically Reduces Fleet Age Source: Ascend; based on currently available/published Fleet Plans

9. Slide 9: Simplification Impact

   • Gain significant flexibility with six variants across two aircraft families 9 MD80 B737 Family B738 B757 B762 A320 Family Simplification Impact Today Future Common Features: • Cockpit • Engine • Parts

10. Slide 10: Enhanced Fuel Efficiency

    • Fleet transformation drives substantial fuel efficiency gains • New technology expected to deliver up to 15% additional savings 10 ~35% ~12% ~15% Enhanced Fuel Efficiency Note: Percentages in the chart reflect average savings vs. current MD80, B757 and B762 on a per seat basis versus 737 / A320 fa

11. Slide 11: Positioning for Long-term Success

    • With this unprecedented order, American will be the first US network airline to take delivery of new engine, narrowbody aircraft 11 Positioning for Long-term Success Boeing has not confirmed delivery dates 570 Orders and Options

12. Slide 12: Capture Enhanced Opportunities in Marketplace

    • Large narrowbodies provide flexibility to serve: 12 • Transcontinental markets • High-demand routes • Slot-constrained airports Capture Enhanced Opportunities in Marketplace 737-900ER current/new A321 current/neo

13. Slide 13: Capture Enhanced Opportunities in Marketplace

    13 • Typical Domestic markets • Short-haul Latin markets • Caribbean markets • Mid-gauge aircraft allow American to serve: 737-800NG current/new A320 current/neo Capture Enhanced Opportunities in Marketplace

14. Slide 14: Capture Enhanced Opportunities in Marketplace

    14 • Secondary Domestic markets • Select markets in Latin America • High-altitude or short-runway airports • Small narrowbodies, a new addition to our fleet, enable us to serve: 737-700 current/new A319 current/neo Capture Enhanced Opportunities in Marketplace

15. Slide 15: Exceptional Customer Experience

    15 Exceptional Customer Experience Customer-friendly Interior Spacious cabin Improved Customer Comfort High-impact In-flight Entertainment LED lighting

16. Slide 16: ~$13 Billion in Financing

    • Maximizes balance sheet flexibility while reducing risk 16 ~$13 Billion in Financing

17. Slide 17: Firm Orders Forecast to Generate NPV ~$1.5 B

    17 • Enhanced revenue opportunities • Fuel cost savings • Other operating efficiencies 1/ • Financing benefits • ~$3.3M NPV forecast per firm aircraft Firm Orders Forecast to Generate NPV ~$1.5 B 1/ Net of transition costs

18. Slide 18: Fly Profitably

    18 Financing Fleet Improved Operating Economics Customer Benefits • Lease financing of ~$13B • Significant operating cost savings • Alleviates burden on balance sheet • B737 and A320 families are ~35% more fuel efficient than MD80 • Future technology expected to be up to 15% more fuel efficient than

19. Slide 19: FlightPlan 2020: Compete to Win

    19 Restructured Domestic Network Expanded one Membership Launched Joint Business with JAL Launched Trans-Atlantic Joint Business Accelerated Fleet Renewal Enhanced Product Offering with “Your Choice” world FlightPlan 2020: Compete to Win

AMR — Corporate Update (July 2011) on 6ix