Risk factors

American Airlines Group (AAL) risk factors

Item 1A of every American Airlines Group Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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  • FY2025 10-K risk factors
    42 risks5 new5 dropped22 reworded

    New risks emphasize U.S. government shutdowns reducing aviation capacity, delaying FAA approvals, and weakening travel demand.

    Filed Feb 18, 2026
  • FY2024 10-K risk factors
    42 risks

    American Airlines faces heavy capital requirements for fleet investments against a backdrop of high debt and pension obligations.

    Filed Feb 19, 2025