American Airline - AAL STOCK NEWS

American Airlines (AAL) receives a perfect score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, showcasing its commitment to LGBTQ+ workplace equality. The airline joins 545 major U.S. businesses in earning top marks, demonstrating its long-standing support for the LGBTQ community. The CEI now includes 1,384 participants, with a record-breaking 1,340 businesses having non-discrimination protections specific to gender identity, covering 21 million employees in the U.S. and globally. American Airlines' efforts in satisfying all the CEI's criteria earned it the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion.

Infinium and Breakthrough Energy Catalyst recently announced a $75 million project equity investment commitment to support Infinium's Project Roadrunner, subject to the satisfaction of certain closing conditions. Project Roadrunner will convert waste carbon dioxide (CO2) and renewable power into sustainable aviation fuel (SAF) and other low-carbon fuels. This first-of-a-kind commercial-scale Power-to-Liquids (PtL) eFuels facility is expected to be the largest PtL eFuels project in North America once operational. In tandem with Catalyst's investment in Infinium, American Airlines and Infinium have entered into an innovative, firm offtake agreement for Infinium eSAF. This agreement is a critical enabler of further investment in Project Roadrunner. Project Roadrunner will also produce Infinium eNaphtha for use in plastics manufacturing and Infinium eDiesel for use in hard-to-electrify transportation methods, such as long-haul trucking and maritime applications. The groundbreaking commercial agreement with American is an important prototype for the aviation industry as its firm offtake agreement supports project financing, providing revenue certainty for the project. Infinium's technological and commercial maturity, coupled with the company's project development expertise, will help accelerate the clean energy transition by quickly bringing to market clean fuels for aviation, trucking, and other long-distance parts of the transportation sector.

Graphyte (GRPH) announces a landmark agreement with American Airlines to deliver 10,000 tons of permanent carbon removal using its Carbon Casting technology. The innovative process offers quantifiable and permanent CO2 removal at a substantially lower cost and energy usage compared to existing methods. American Airlines aims to accelerate the CO2 removal market to achieve its net-zero emissions goal by 2050.

Infinium and Breakthrough Energy Catalyst have announced a $75 million investment for Project Roadrunner, to convert waste CO2 and renewable power into sustainable aviation fuel and other low-carbon fuels. The facility in West Texas will be the largest PtL eFuels project in North America, with PtL SAF expected to reduce aviation emissions by around 90 percent. The investment is a critical enabler for the project, supported by an innovative offtake agreement with American Airlines and financial backing from Citi.

Graphyte (GRAP) secures landmark agreement with American Airlines to deliver 10,000 tons of carbon removal using Carbon Casting technology

American Airlines (AAL) Encourages Charitable Giving on Giving Tuesday, Distributes Meals, Donates Miles, and Raises Funds for Disaster Relief

Graphyte (GRPH) announces landmark agreement with American Airlines (AAL) for the purchase of 10,000 tons of permanent carbon removal. American Airlines aims to accelerate and scale the CO2 removal market to achieve its emissions reduction goals.

American Airlines, Inc. (AAL) announced the pricing of $1.0 billion aggregate principal amount of its 8.50% senior secured notes due 2029, an increase of $250.0 million from the previously announced offering amount. The Notes will have an interest rate of 8.50% per annum and are being issued at par. The Company also expects to borrow up to $1.1 billion in aggregate principal amount of term loans under a new senior secured credit facility. The offering of the Notes is expected to close on December 4, 2023, subject to customary closing conditions. The Company expects to use the net proceeds from the offering of the Notes, together with the net proceeds from the Term Loan and cash on hand, to redeem all of its outstanding 11.75% Senior Secured Notes due 2025. The Notes and the Term Loan will be secured on a first lien basis by the same collateral that currently secures the 11.75% Senior Secured Notes. The Notes will not be registered under the Securities Act or any other securities laws of any jurisdiction and will not have the benefit of any exchange offer or other registration rights.

American Airlines, Inc. (AAL) announced a proposed private offering of $750 million aggregate principal amount of senior secured notes due 2029 and intends to borrow up to $750 million in aggregate principal amount of term loans under a new senior secured credit facility. The net proceeds will be used to redeem $1.5 billion of its existing 11.75% Senior Secured Notes due 2025. The final terms and amounts of the Notes and the Term Loan are subject to market conditions. The Notes and the Term Loan are secured on first and second lien basis by certain collateral. The Notes will be offered and sold only to qualified institutional buyers and non-U.S. persons in offshore transactions.