BlackRock, Inc., a global investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on October 22, 2024, indicating a significant ownership stake in American Airlines Group Inc. The filing reveals that BlackRock now beneficially owns 54,575,149 shares of American Airlines' common stock, which represents 8.3% of the company's class of securities. This stake gives BlackRock sole dispositive power over the shares, although it does not grant them sole or shared voting power. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, which applies to certain large institutional investment managers. The document specifies that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of the issuer. The filing also includes a list of BlackRock subsidiaries and a power of attorney designating certain individuals as attorneys-in-fact for the purpose of compliance with regulatory ownership reporting requirements.

BlackRock, Inc., a global investment management corporation based in Delaware, has filed an amended Schedule 13G with the Securities and Exchange Commission on October 22, 2024, indicating a significant ownership stake in American Airlines Group Inc. The filing reveals that BlackRock now beneficially owns 54,575,149 shares of American Airlines' common stock, which represents 8.3% of the company's class of securities. This stake gives BlackRock sole dispositive power over the shares, although it does not grant them sole or shared voting power. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, which applies to certain large institutional investment managers. The document specifies that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of the issuer. The filing also includes a list of BlackRock subsidiaries and a power of attorney designating certain individuals as attorneys-in-fact for the purpose of compliance with regulatory ownership reporting requirements.