| Abstract: | --AMR Corp. and its American Airlines Inc. subsidiary, like other U.S. airlines, face weak passenger demand, which resulted in a $390 million second quarter net loss (including about $70 million of nonrecurring charges). --AMR Corp. had $2.8 billion of unrestricted cash as of June 30, 2009, an amount likely to decline during the seasonally weaker third and fourth quarters. --We are placing our ratings both companies, including the 'B-' corporate credit ratings on each, on CreditWatch with negative implications. NEW YORK (Standard&Poor's) July 22, 2009--Standard&Poor's Ratings Services today placed its ratings, including the 'B-' corporate credit ratings, on AMR Corp. and its American Airlines Inc. subsidiary, on CreditWatch with negative implications, due to concerns about revenue
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