On February 8, 2023, American Airlines, Inc. (“AAI”) issued a press
release announcing its intention to commence a private offering of
$750 million aggregate principal amount of senior secured
notes due 2028 (the “Senior Secured Notes Offering”). A copy of
AAI’s press release with respect to the Senior Secured Notes
Offering is filed as Exhibit 99.1 to this Current Report on Form
8-K
and is incorporated herein by reference.
In connection with the Senior Secured Notes Offering described
above, American Airlines Group Inc. (“AAG” and, together with AAI,
the “Company”) and AAI are filing the updated risk factors attached
hereto as Exhibit 99.2.
(d) Exhibits.
Certain of the statements contained in this report should be
considered forward-looking statements within the meaning of the
Securities Act of 1933, as amended, the Securities Exchange Act of
1934, as amended, and the Private Securities Litigation Reform Act
of 1995. These forward-looking statements may be identified by
words such as “may,” “will,” “expect,” “intend,” “anticipate,”
“believe,” “estimate,” “plan,” “project,” “could,” “should,”
“would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if
current trends continue,” “optimistic,” “forecast” and other
similar words. Such statements include, but are not limited to,
statements about the Company’s plans, objectives, expectations,
intentions, estimates and strategies for the future, the continuing
availability of borrowings under revolving lines of credit, and
other statements that are not historical facts. These
forward-looking statements are based on the Company’s current
objectives, beliefs and expectations, and they are subject to
significant risks and uncertainties that may cause actual results
and financial position and timing of certain events to differ
materially from the information in the forward-looking statements.
These risks and uncertainties include, but are not limited to,
those set forth herein as well as in the Company’s Quarterly Report
on Form
10-Q
for the quarter ended September 30, 2022 (especially in Part
I, Item 2. Management’s Discussion and Analysis of Financial
Condition and Results of Operations and Part II, Item 1A. Risk
Factors), as updated by Exhibit 99.2 attached hereto, and other
risks and uncertainties listed from time to time in the Company’s
other filings with the Securities and Exchange Commission.
Additionally, there may be other factors of which the Company is
not currently aware that may affect matters discussed in the
forward-looking statements and may also cause actual results to
differ materially from those discussed. The Company does not assume
any obligation to publicly update or supplement any forward-looking
statement to reflect actual results, changes in assumptions or
changes in other factors affecting these forward-looking statements
other than as required by law. Any forward-looking statements speak
only as of the date hereof or as of the dates indicated in the
statement.