American Airlines proposes new share offering

American Airlines Group has announced a proposed underwritten public offering of 38,500,000 shares of its common stock. The company has granted the underwriter of the offering a 30-day option to purchase, in whole or in part, up to 5,775,000 of additional shares of common stock. The sole underwriter for the offering, BofA Securities, may offer the common stock from time to time in one or more transactions on the Nasdaq, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. American