American Airlines Group

American Airlines to Present at 2023 J.P. Morgan Industrials Conference

Retrieved on: 
Tuesday, March 7, 2023
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FORT WORTH, Texas, March 07, 2023 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) Chief Executive Officer Robert Isom will present at the 2023 J.P. Morgan Industrials Conference on Tuesday, March 14, at 9:30 a.m. CT.

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FORT WORTH, Texas, March 07, 2023 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) Chief Executive Officer Robert Isom will present at the 2023 J.P. Morgan Industrials Conference on Tuesday, March 14, at 9:30 a.m. CT.

American Airlines' Derek Kerr and United Way of Metropolitan Dallas' Jennifer Sampson Appointed to the Comerica Incorporated Board of Directors

Retrieved on: 
Tuesday, February 28, 2023
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DALLAS, Feb. 28, 2023 /PRNewswire/ -- Derek Kerr and Jennifer Sampson have been appointed to the Comerica Incorporated Board of Directors, effective Feb. 28, 2023.

Key Points: 
  • DALLAS, Feb. 28, 2023 /PRNewswire/ -- Derek Kerr and Jennifer Sampson have been appointed to the Comerica Incorporated Board of Directors, effective Feb. 28, 2023.
  • Kerr serves as the Vice Chair and Strategic Advisor of Texas-based American Airlines Group Inc. (AAG), and the President of American Eagle.
  • Sampson is the McDermott-Templeton President and CEO of the not-for-profit United Way of Metropolitan Dallas.
  • "Both Derek and Jennifer will bring specific skills, experiences and areas of knowledge to our Board," said Curt Farmer, Chairman, President and Chief Executive Officer, Comerica Incorporated.

Greg Smith Appointed Independent Chairman of American Airlines Group Board of Directors

Retrieved on: 
Thursday, February 23, 2023
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FORT WORTH, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today announced that Greg Smith has been named independent chairman of the company’s board of directors, effective April 30, 2023. Smith, 56, will succeed Doug Parker, who will retire from the board at that time. Smith’s appointment is part of the board’s long-term succession planning process.

Key Points: 
  • FORT WORTH, Texas, Feb. 23, 2023 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today announced that Greg Smith has been named independent chairman of the company’s board of directors, effective April 30, 2023.
  • “Our CEO transition has been flawless thanks to the great work of Robert Isom, his team and our board,” said Parker.
  • “Now is the right time for our chairman transition and we are fortunate to have Greg Smith in place to assume that role.
  • “It’s an honor and privilege to serve as a board member and now as chairman of this iconic company,” said Smith.

American Airlines Announces Pricing of Senior Secured Notes

Retrieved on: 
Thursday, February 9, 2023
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FORT WORTH, Texas, Feb. 08, 2023 (GLOBE NEWSWIRE) -- American Airlines, Inc. (the “Company”), a subsidiary of American Airlines Group Inc. (the “Guarantor”)(NASDAQ: AAL), today announced that it priced $750 million aggregate principal amount of its 7.25% senior secured notes due 2028 (the “Notes”).

Key Points: 
  • FORT WORTH, Texas, Feb. 08, 2023 (GLOBE NEWSWIRE) -- American Airlines, Inc. (the “Company”), a subsidiary of American Airlines Group Inc. (the “Guarantor”)(NASDAQ: AAL), today announced that it priced $750 million aggregate principal amount of its 7.25% senior secured notes due 2028 (the “Notes”).
  • The Notes will have an interest rate of 7.25% per annum and are being issued at par.
  • The Notes will be guaranteed on a senior unsecured basis by the Guarantor.
  • The offering of the Notes is expected to close on February 15, 2023, subject to customary closing conditions.

American Airlines Announces Proposed Offering of Senior Secured Notes

Retrieved on: 
Wednesday, February 8, 2023
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FORT WORTH, Texas, Feb. 08, 2023 (GLOBE NEWSWIRE) -- American Airlines, Inc. (the “Company”), a subsidiary of American Airlines Group Inc. (the “Guarantor”)(NASDAQ: AAL), today announced a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2028 (the “Notes”).

Key Points: 
  • FORT WORTH, Texas, Feb. 08, 2023 (GLOBE NEWSWIRE) -- American Airlines, Inc. (the “Company”), a subsidiary of American Airlines Group Inc. (the “Guarantor”)(NASDAQ: AAL), today announced a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2028 (the “Notes”).
  • The Notes will be guaranteed on a senior unsecured basis by the Guarantor.
  • The Company expects that any term loans not repaid from the net proceeds of the Notes will be amended to extend the maturity date to February 2028.
  • The final terms and amounts of the Notes are subject to market and other conditions, and may be materially different than expectations.

American Airlines Reports Fourth-Quarter and Full-Year 2022 Financial Results

Retrieved on: 
Thursday, January 26, 2023
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“The American Airlines team has produced outstanding results over the past year,” said American’s CEO Robert Isom.

Key Points: 
  • “The American Airlines team has produced outstanding results over the past year,” said American’s CEO Robert Isom.
  • The American team delivered an even stronger performance over the holidays, despite challenging conditions in many parts of the country.
  • As of Dec. 31, 2022, American had reduced its total debt by more than $8 billion from peak levels in the second quarter of 2021.
  • The company will conduct a live audio webcast of its financial results conference call at 7:30 a.m. CT today.

American Airlines Group Announces Webcast of Fourth-Quarter and Full-Year 2022 Financial Results

Retrieved on: 
Thursday, January 12, 2023
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FORT WORTH, Texas, Jan. 12, 2023 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) will webcast a live audio feed of its fourth-quarter and full-year 2022 financial results conference call with financial analysts and journalists on Thursday, Jan. 26, at 7:30 a.m. CT.

Key Points: 
  • FORT WORTH, Texas, Jan. 12, 2023 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) will webcast a live audio feed of its fourth-quarter and full-year 2022 financial results conference call with financial analysts and journalists on Thursday, Jan. 26, at 7:30 a.m. CT.
  • The webcast will be available to the public on a listen-only basis at aa.com/investorrelations .
  • An archive of the call will be available on the website through Feb. 26.

American Airlines Names Devon May Chief Financial Officer

Retrieved on: 
Tuesday, December 13, 2022
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FORT WORTH, Texas, Dec. 13, 2022 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today announced that Devon May has been named Chief Financial Officer following a long-planned succession process.

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  • FORT WORTH, Texas, Dec. 13, 2022 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today announced that Devon May has been named Chief Financial Officer following a long-planned succession process.
  • American’s current CFO Derek Kerr will remain at the airline as Vice Chair, President of American Eagle and Strategic Advisor.
  • He was instrumental in bringing together American and US Airways and ensuring American remained on solid footing during the global pandemic.
  • Learn more about what’s happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines .

Still the One: American Airlines Named to Dow Jones Sustainability North America Index for Second Consecutive Year

Retrieved on: 
Monday, December 12, 2022
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FORT WORTH, Texas, Dec. 12, 2022 (GLOBE NEWSWIRE) -- For the second year in a row, American Airlines is the only passenger airline to be included in the Dow Jones Sustainability North America Index (DJSI).

Key Points: 
  • FORT WORTH, Texas, Dec. 12, 2022 (GLOBE NEWSWIRE) -- For the second year in a row, American Airlines is the only passenger airline to be included in the Dow Jones Sustainability North America Index (DJSI).
  • The 2022 DJSI comprises North American sustainability leaders as identified by S&P Global through the Corporate Sustainability Assessment.
  • “Returning to the Dow Jones Sustainability North America Index for a second straight year is a tremendous honor,” American’s CEO Robert Isom said.
  • Learn more about what’s happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

JetBlue and American Airlines Add More Flying in New York and Boston as Northeast Alliance Brings New Choices to Travelers

Retrieved on: 
Friday, December 9, 2022
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The new flying which includes many routes with limited competition today is made possible through JetBlue and Americans innovative and effective Northeast Alliance (NEA).

Key Points: 
  • The new flying which includes many routes with limited competition today is made possible through JetBlue and Americans innovative and effective Northeast Alliance (NEA).
  • The Northeast Alliance is bringing more of JetBlues low fares and great service to more customers, said Dave Fintzen, vice president, Northeast Alliance, JetBlue.
  • In New England, JetBlue plans to expand the airlines service in Canada with daily summer seasonal service between Boston and Vancouver, B.C.
  • Learn more about what's happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines .