American Airlines Group: brands it owns and its ownership tree
American Airlines Group (NASDAQ: AAL) is a publicly listed company headquartered in Fort Worth, United States that owns 4 consumer brands.[1][2]
American Airlines Group is a Delaware holding company based in Fort Worth, Texas, whose subsidiary American Airlines, Inc. is a separate registrant on the same 10-K. Its subsidiary list names three wholly owned regional carriers, Envoy Air, Piedmont Airlines and PSA Airlines, each operating under the trade name American Eagle. Republic Airways also flies for American under a capacity purchase agreement but is a third party.
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divestitures recorded
Company facts
- Legal name
- American Airlines Group Inc. (also AAG)
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 Fort Worth, United States
- Tickers
- NASDAQ: AAL
- Revenue
- $54.6 billion (2025)[2]
- SEC CIK
- 0000006201
- Website
- www.aa.com
- Last verified
- · 2 sources
American Airlines Group in numbers
- American Airlines Group owns 4 consumer brands tracked here across 1 top-level categories; the largest is travel & transport with 4 brands.[1]
American Airlines Group financial history
Headline figures from American Airlines Group's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $17.3bn to $54.6bn, an average of 25.8% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $54.6bn | $1.47bn | 2.7% | $111m | $61.8bn | — | 10-K | |
| $54.2bn | $2.61bn | 4.8% | $846m | $61.8bn | — | 10-K | |
| $52.8bn | $3.03bn | 5.7% | $822m | $63.1bn | — | 10-K | |
| $49bn | $1.61bn | 3.3% | $127m | $64.7bn | — | 10-K | |
| $29.9bn | $-1,059,000,000 | -3.5% | $-1,993,000,000 | $66.5bn | — | 10-K | |
| $17.3bn | $-10,421,000,000 | -60.1% | $-8,885,000,000 | $62bn | — | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything American Airlines Group owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
American Airlines Group SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers; Results of a shareholder vote | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 8-K | Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 8-K | Regulation FD disclosure | |
| 8-K | Entry into a material agreement; Creation of a direct financial obligation | |
| 8-K | Results of operations and financial condition; Regulation FD disclosure | |
| 10-Q | Quarterly report |
Frequently asked questions
What brands does American Airlines Group own?
American Airlines Group owns 4 consumer brands tracked here, including American Airlines, Envoy Air, PSA Airlines and Piedmont Airlines.
Is American Airlines Group an American company?
Yes. American Airlines Group is headquartered in Fort Worth, United States.
Who owns American Airlines Group?
American Airlines Group is a publicly listed company owned by its shareholders; it trades as AAL on the NASDAQ.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] American Airlines Group Inc. Annual Report on Form 10-K filed 2026-02-18 — SEC EDGAR, SEC Form 10-K, published 18 February 2026; retrieved 4 October 2026.
- [2] American Airlines Group Inc.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 18 February 2026; retrieved 5 October 2026.
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