NEW YORK (Standard&Poor's) Jan. 25, 2011--Standard&Poor's Ratings Services said today that it has assigned its 'A-' rating to American Airlines Inc.'s (American) series 2011-1 Class A pass-through certificates with an expected maturity of Jan. 31, 2021, and its 'BB+' rating to the series 2011-1 Class B pass-through certificates with an expected maturity of Jan. 31, 2018. The final legal maturities will be 18 months after the expected maturity. The issues are a drawdown under a Rule 415 shelf registration. We assigned preliminary ratings to the certificates Jan. 20, 2011. The 'A-' and 'BB+' ratings are based on American's credit quality, substantial collateral coverage by a combination of very desirable and somewhat-less-liquid aircraft, and on legal and
