Allied Pilots Association Membership Approves Tentative Agreement.

Business Editors

FORT WORTH, Texas--(BUSINESS WIRE)--April 15, 2003

The Allied Pilots Association (APA), collective bargaining agent for the 13,500 pilots of American Airlines (NYSE: AMR), released the following statement today regarding the union membership's ratification of an agreement with American Airlines management:

"With 95 percent of eligible pilots voting, the membership of the Allied Pilots Association has ratified the agreement with American Airlines management concerning cost savings by a margin of 69 percent," said Captain John Darrah, APA President. "Of those casting a vote, 6,998 of our pilots voted for the agreement, and 3,136 voted against it.

"We recognize that the past several weeks have been tremendously difficult for our pilots, and I would like to thank them for their willingness to contribute to the recovery of American Airlines through their participation in the ratification process. Clearly, the gut-wrenching decision our pilots have had to make will have a major impact on their lives in terms of additional furloughs, pay cuts and retirement savings. That said, I commend our pilots for taking this courageous step--one that will hopefully allow American Airlines to avoid bankruptcy and help ensure its long-term viability."

That is the full text of the statement.

Founded in 1963, APA is headquartered in Fort Worth, Texas.