American Airlines Holds Investor Day

Ticker: AAL · Form: 8-K · Filed: Mar 4, 2024 · CIK: 6201

Sentiment: neutral

Topics: investor-relations, filing

Related Tickers: AAL

TL;DR

AA is hosting Investor Day, expect updates on strategy and financials.

AI Summary

American Airlines Group Inc. filed an 8-K on March 4, 2024, to announce its Investor Day. The filing includes financial statements and exhibits related to this event, which is a key opportunity for the company to communicate its strategy and outlook to investors.

Why It Matters

Investor Day events are crucial for companies to outline future strategies and financial targets, potentially influencing investor sentiment and stock performance.

Risk Assessment

Risk Level: low — This filing is an informational announcement of an event and does not contain material non-public financial information or significant corporate changes.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing?

The purpose of this 8-K filing is to announce American Airlines Group Inc.'s Investor Day and to provide related financial statements and exhibits.

When was this 8-K filed?

This 8-K was filed on March 4, 2024.

What is the primary business of American Airlines Group Inc.?

American Airlines Group Inc. is primarily involved in scheduled air transportation.

What is the fiscal year end for American Airlines Group Inc.?

The fiscal year end for American Airlines Group Inc. is December 31.

What is the SEC file number for American Airlines Group Inc.?

The SEC file number for American Airlines Group Inc. is 001-08400.

Filing Stats: 1,397 words · 6 min read · ~5 pages · Grade level 13.1 · Accepted 2024-03-04 11:01:26

Key Financial Figures

Filing Documents

01. REGULATION FD DISCLOSURE

ITEM 7.01. REGULATION FD DISCLOSURE. On March 4, 2024, American Airlines Group Inc. (the "Company") is presenting information relating to its financial and operational outlook at its 2024 Investor Day. As previously announced, this presentation will be webcast with the link available at the Company's website at www.aa.com under "Investor Relations." The presentation slides are furnished as Exhibit 99.1 to this report. Also, on March 4, 2024, the Company is providing an update to investors concerning its targeted financial performance for the full years 2024, 2025, 2026 and beyond. 2024E 2025E 2026E+ Adjusted EBITDAR margin 1 ~ 14% ~ 14%–16% ~ 15%–18% Free cash flow 2 ~ $2B > $2B > $3B Total debt 3 ~ $41B ~ $39B < $35B 1 Adjusted EBITDAR is defined as earnings excluding the impact of net special items before net interest and other nonoperating expenses, taxes, depreciation, amortization and aircraft rent, and is a non-GAAP measure. 2 Adjusted free cash flow is defined as net cash provided by operating activities less net cash used in investing activities, adjusted for (1) net sales of short-term investments and (2) change in restricted cash, and is a non-GAAP measure. 3 Total debt includes debt, finance and operating lease liabilities and pension obligations. Certain components of the guidance provided exclude net special items. The Company is unable to fully reconcile this forward-looking guidance to the corresponding GAAP measure because the full nature and amount of net special items cannot be determined at this time. The information in this Item 7.01 is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific re

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. Description 99.1 Investor Presentation, dated March 4, 2024. 104.1 Cover page interactive data file (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, American Airlines Group Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. A MERICAN A IRLINES G ROUP I NC . Date: March 4, 2024 By: /s/ Devon E. May Devon E. May Executive Vice President and Chief Financial Officer Pursuant to the requirements of the Securities Exchange Act of 1934, American Airlines, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. A MERICAN A IRLINES , I NC . Date: March 4, 2024 By: /s/ Devon E. May Devon E. May Executive Vice President and Chief Financial Officer

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