AMERICAN AIRLINES GROUP INC. 38,500,000 Shares of Common Stock (par value $0.01 per share) UNDERWRITING AGREEMENTUnderwriting Agreement • November 13th, 2020 • American Airlines, Inc. • Air transportation, scheduled • New York
American Airlines Group Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule I hereto (collectively, the “Underwriters”) for whom you are acting as Representatives (the “Representatives”), an aggregate of 38,500,000 newly-issued shares (the “Initial Shares”) of common stock, par value $0.01 per share (the “Common Stock”) of the Company and, at the option of the Representatives, up to an additional 5,775,000 newly-issued shares of Common Stock (the “Option Shares” and together with the Initial Shares, the “Shares”) if and to the extent that the Representatives shall have determined to exercise the option to purchase such Option Shares granted to the Underwriters in Section 2 hereof, on the terms and conditions stated herein.
