American Airlines Group Adopts Tax Benefit Preservation Plan for Net Operating Losses
December 23, 2021
December 23, 2021
FORT WORTH, Texas, Dec. 23 -- American Airlines issued the following news release on Dec. 22, 2021:
American Airlines Group Inc. (the "Company" or "American Airlines") (NASDAQ: AAL) announced today that its Board of Directors has adopted a tax benefit preservation plan to help preserve the value of its net operating losses and other tax attributes. The Company estimates that its cumulative U.S. federal net operating loss carryforwards exceed $16.5 billion, which . . .
American Airlines Group Inc. (the "Company" or "American Airlines") (NASDAQ: AAL) announced today that its Board of Directors has adopted a tax benefit preservation plan to help preserve the value of its net operating losses and other tax attributes. The Company estimates that its cumulative U.S. federal net operating loss carryforwards exceed $16.5 billion, which . . .