Shearman & Sterling represented Goldman, Sachs & Co., Deutsche Bank Securities Inc. and Morgan Stanley & Co. Incorporated as underwriters in connection with American Airlines, Inc.’s public offering of $503,206,000 aggregate face amount of Pass Through Certificates, Series 2011-1A and $153,826,000 aggregate face amount of Pass Through Certificates Series 2011-1B. Goldman, Sachs & Co., Deutsche Bank Securities Inc. and Morgan Stanley & Co. Incorporated acted as joint structuring agents and joint bookrunners for the offering.

The proceeds from the sale of the Pass Through Certificates will be used to acquire equipment notes to be issued in connection with the financing of 30 aircraft owned by American Airlines.

The Shearman & Sterling team advising the underwriters included partners Robert Evans III (New York-Capital Markets), Paul Schreiber (New York-Investment Funds) and John Sykes (New York-Tax); of counsel Ji Hong (New York-Capital Markets); associates Stephen Ashley (New York-Capital Markets), Carmen Wong (New York-Capital Markets), Oliver Loxley (New York-Capital Markets), Marcia Dawes (New York-Finance), Devin Lei (New York-Finance), Doug Jones (New York-Tax), and Steve Homan (New York-Investment Funds); and international associate Dorothea Athanasiadou (New York-Capital Markets).