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FORT WORTH, Texas, Dec. 22, 2021 (GLOBE NEWSWIRE) — 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 can be utilized in certain circumstances to reduce future U.S. corporate income tax liabilities.
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