Nasdaq · Air Transportation, Scheduled
American airline holding company
33 entities across 10 jurisdictions, 7 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-18 — see the exhibit.
| Entity | Jurisdiction | Note |
|---|---|---|
| AAG Private Placement-1 Parent LLC | Delaware | |
| AAG Private Placement-1 LLC | Delaware | |
| American Airlines, Inc. | Delaware | |
| AAdvantage Holdings 1, Ltd. | Cayman Islands | offshore centre |
| AAdvantage Holdings 2, Ltd. | Cayman Islands | offshore centre |
| AAdvantage Loyalty IP, Ltd. | Cayman Islands | offshore centre |
| Madrid IP Lux GP Sá.r.l | Luxembourg | offshore centre |
| Madrid IP Lux HoldCo SCS | Luxembourg | offshore centre |
| Madrid IP Lux HoldCo 2 SCS | Luxembourg | offshore centre |
| American Airlines Cargo Funding, LLC | Delaware | |
| AAI Technology Services LLC | Delaware | |
| American Airlines Services India LLP | India | |
| American Airlines Marketing Services LLC | Virginia | |
| American Aviation Supply LLC | Delaware | |
| American Airlines Travel LLC | Texas | |
| B, LLC | Delaware | |
| Americas Ground Services, Inc. | Delaware | |
| International Ground Services, S.A. de C.V. | Mexico | |
| Avion Assurance Ltd. | Bermuda | offshore centre |
| Envoy Aviation Group Inc. | Delaware | |
| Eagle Aviation Services, Inc. | Delaware | |
| Envoy Air Inc. (operates under the trade name “American Eagle”) | Delaware | |
| Executive Airlines, Inc. | Delaware | |
| FLAAG 2017-1 OPP LLC | Delaware | |
| FLAAG 2017-1 OP-A LLC | Delaware | |
| FLAAG 2017-1 OP-B LLC | Delaware | |
| FLAAG 2019-1 OPP LLC | Delaware | |
| FLAAG 2019-1 OP-A LLC | Delaware | |
| FLAAG 2019-1 OP-B LLC | Delaware | |
| FLAAG 2019-1 OP-C LLC | Delaware | |
| J-CRJ900 LLC | Delaware | |
| Piedmont Airlines, Inc. (operates under the trade name “American Eagle”) | Maryland | |
| PSA Airlines, Inc. (operates under the trade name “American Eagle”) | Pennsylvania |
Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.
| Year | Revenue | Net income | Free cash flow | Gross margin | Shares |
|---|---|---|---|---|---|
| FY2020 | $17.3B | −$8.9B | −$8.5B | — | 483,888,000 |
| FY2021 | $29.9B | −$2.0B | $496.0M | — | 644,015,000 |
| FY2022 | $49.0B | $127.0M | −$373.0M | — | 655,122,000 |
| FY2023 | $52.8B | $822.0M | $1.2B | — | 719,669,000 |
| FY2024 | $54.2B | $846.0M | $1.3B | — | 721,300,000 |
| FY2025 | $54.6B | $111.0M | −$680.0M | — | 661,052,000 |
9 institutions tracked — 7 added, 1 reduced, 1 opened a new position.
| Manager | Kind | Shares | Change | Value |
|---|---|---|---|---|
| FMR LLC | Active fund | 4,250,201 | +4,033,781 | $76.8M |
| JPMORGAN CHASE & CO | Active fund | 6,015,665 | +1,692,742 | $108.3M |
| CITADEL ADVISORS LLC | Hedge fund | 28,735,502 | −1,313,141 | $519.3M |
| BANK OF AMERICA CORP /DE/ | Active fund | 3,383,023 | +1,217,861 | $61.1M |
| GEODE CAPITAL MANAGEMENT, LLC | Index | 13,692,580 | +1,007,754 | $247.5M |
| MORGAN STANLEY | Active fund | 6,580,378 | +974,600 | $118.9M |
| STATE STREET CORP | Index | 19,568,820 | +340,754 | $353.6M |
| PRICE T ROWE ASSOCIATES INC /MD/ | Active fund | 648,183 | +48,005 | $11.7M |
NORGES BANK holds a position with no prior filing to compare against, so its change is unknown rather than zero — and it is left out of the totals above.
From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.
Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.
American Airlines Group Inc. files under SIC 4512 — all 6 air transportation, scheduled companies compared on assets and F-score.
The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.
Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.
