AMR Corporation Recognized in Newsweek's 2011 Green Rankings
FORT WORTH, Texas, Nov. 2, 2011 /PRNewswire/ -- AMR Corporation (NYSE: AMR), the parent company of American Airlines, Inc., today announced for the second year in a row that it has received the best ranking among U.S. airlines in Newsweek's annual environmental list of the 500 largest publicly traded companies in America.
"Reducing our carbon footprint is a commitment that we are very passionate about at American Airlines," said David Campbell, American's Vice President Safety, Security and Environmental. "Thanks to the hard work and dedication of our employees, we made significant progress in the last year to minimize our environmental impact, and this great work is reflected in our new ranking in Newsweek's Green Rankings list. We applaud all of our employees who help American be a better steward of the environment."
AMR moved up the list from No. 111 to No. 49, and is the top company in the transportation and logistics category. Newsweek collaborated with leading environmental research organizations to assess each company's environmental footprint, management of that footprint and transparency. The Green Rankings focus on the largest publicly traded companies in America (the U.S. 500 list) by revenue (most recent fiscal year), market capitalization and number of employees as of June 30, 2011.
The company embraces transparency and is dedicated to providing a report card on its progress toward its long-term investment in responsible business practices. In May 2011, AMR issued its third annual Corporate Responsibility Report, which provides a summary of the company's performance throughout the 2010 calendar year related to four key focus areas: customers, employees, the environment and communities.
American's environmental efforts, which are spearheaded by the company's dedicated Corporate Environmental Department, span its entire operations. Key areas of focus include:
Fuel Conservation: Through American's Fuel Smart program, an employee-led effort that was launched in 2005 to safely reduce fuel consumption, the company is able to reduce its carbon dioxide (CO2) emissions by more than 2.6 billion pounds annually. American is committed to decreasing the amount of pollutants emitted by its aircraft fleet.
Recycling: American's flight attendants recycled more than 15 million aluminum cans in 2010 as much weight as five new Boeing 737 aircraft. They also collect and recycle corks from wine bottles, and old plane carpets are donated to local animal shelters. Also, in 2010, American's maintenance facilities recycled more than 1.7 million pounds of aircraft parts and components.
Fleet Renewal: Putting more fuel-efficient planes in the air is the most effective way to reduce American's carbon footprint. To date, the airline has taken delivery of 87 new Boeing 737-800 aircraft, which are 35 percent more fuel-efficient than the MD-80s they are replacing. Since 2005, American has implemented initiatives that cut its CO2 emissions by one million metric tons per year. Its long-term goal is to improve fuel efficiency by 30 percent within 20 years (using 2005 as the baseline year). Upgrading its fleet with new, lighter, more fuel-efficient jets that also offer our customers more comfort and amenities will continue to be one of American's chief strategies for reaching that goal. Also, in July 2011, American announced landmark agreements with Boeing and Airbus. Under the new agreements, American plans to acquire 460 narrowbody, single-aisle aircraft from the Boeing 737 and Airbus A320 families beginning in 2013 through 2022. As part of these agreements, starting in 2017 American will become the first network U.S. airline to begin taking delivery of "next generation" narrowbody aircraft that will further accelerate fuel-efficiency gains, which will help reduce C02 emissions. For example, Boeing and Airbus aircraft in the 737 and A320 families offer a 35 percent reduction in fuel burn per seat versus the MD-80.
Alternative Fuels: Although air travel contributes only 2 percent of total greenhouse gas emissions, American is taking action to reduce the environmental impacts of flying. The airline is working collaboratively with others in the industry to provide a market for alternative fuels. This support for fuel innovations encourages further research and development, which will ultimately help decrease American's environmental footprint and help combat global climate change.
Airspace Modernization: American also advocates for and leads industry-wide developments in Area Navigation, or RNAV. Developed to maximize the use of available airspace without compromising safety, RNAV conserves fuel and reduces CO2 emissions by moving planes via the most efficient, often shorter, flight path. Currently, RNAV procedures are in place at five major airports, with more airports to follow. Already in use up and down the West Coast by aircraft that meet the requirements, RNAV routes will also be implemented in route between airport terminal areas.
ecoDemonstrator: In 2010, Boeing established an ecoDemonstrator program to accelerate the advancement of environmental technologies, which focus on fuel efficiency, noise reduction and operational efficiency. The U.S. Federal Aviation Administration (FAA), through its Continuous Lower Energy Emissions Noise (CLEEN) program, recently awarded Boeing a $25 million matching cost contract for technology development. Under this contract, which will be a part of the ecoDemonstrator Program, Boeing will deliver the flight test portion of the program and targeted technologies. In June 2011, American and Boeing announced that American would be the first airline to participate in the initial test phase. In 2012, American will allow Boeing to use one of its new 737-800 aircraft for flight testing. The ecoDemonstrator flight test program allows Boeing and American to accelerate promising technologies and move them onto airplane models and into new aircraft design considerations across the industry.
To learn more about American's environmental efforts, visit AA.com.
About American Airlines
American Airlines, American Eagle and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 10,000 daily flights to 149 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. (NYSE: AMR).
Current AMR Corp. news releases can be accessed at http://www.aa.com
SOURCE American Airlines