Press Releases

American Airlines Group Reports Highest Quarterly Profit In Company History

Airline Also Announces Capital Deployment Program

FORT WORTH, Texas, July 24, 2014 /PRNewswire/ -- American Airlines Group Inc. (NASDAQ: AAL) today reported its second quarter 2014 results. • Second quarter 2014 non-GAAP net profit excluding net special charges was $1.5 billion, a record for any quarter in the history of American Airlines

• Second quarter 2014 GAAP net profit was a record $864 million

• The Company also announced a capital deployment program, including over $2.8 billion in debt and aircraft lease prepayments, a $1 billion share repurchase program, the initiation of a quarterly cash dividend, and $600 million of additional pension contributions

• As part of the program, American's Board of Directors declared a dividend of $0.10 per share for shareholders of record as of August 4, 2014. The cash dividend is the first declared by American since 1980..... [Continue Reading]

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NOTICE TO HOLDERS OF AMERICAN AIRLINES SERIES A CONVERTIBLE PREFERRED STOCK REGARDING FINAL MANDATORY CONVERSION DATE

FORT WORTH, Texas, April 8, 2014 /PRNewswire/ -- American Airlines Group Inc. (the "Company") today provided the following notice to holders of its Series A Convertible Preferred Stock (NASDAQ: AALCP) (the "Convertible Preferred Stock") pursuant to Section 5.1 of the Certificate of Designations governing the terms of the Convertible Preferred Stock. Capitalized terms not otherwise defined in this notice have the meaning set forth in the Certificate of Designations..... [Continue Reading]

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NOTICE TO HOLDERS OF AMERICAN AIRLINES SERIES A CONVERTIBLE PREFERRED STOCK REGARDING THIRD MANDATORY CONVERSION DATE

FORT WORTH, Texas, March 10, 2014 /PRNewswire/ -- American Airlines Group Inc. (the "Company") today provided the following notice to holders of its Series A Convertible Preferred Stock (NASDAQ: AALCP) (the "Convertible Preferred Stock") pursuant to Section 5.1 of the Certificate of Designations governing the terms of the Convertible Preferred Stock. Capitalized terms not otherwise defined in this notice have the meaning set forth in the Certificate of Designations.....[Continue Reading]

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