Fiscal Year Developments in Internal Controls
Based on the comparison between the annual baseline (10-K, December 31, 2025) and the subsequent quarterly filing (10-Q, March 31, 2026), there have been no material changes to the company's internal controls or disclosure procedures during this period.
Stability of Control Environment
The control environment has remained stable and effective since the annual report:
- Control Effectiveness: In both the December 31, 2025, annual report and the March 31, 2026, quarterly filing, management concluded that both American Airlines Group Inc. and American Airlines maintained effective disclosure controls and procedures at the reasonable assurance level.
- Deficiencies: Neither filing identified any material weaknesses or significant deficiencies in the internal controls over financial reporting.
- Changes to Controls: Management reported that there were no material changes to the internal control structure during the quarter ended March 31, 2026, that were reasonably likely to materially affect the ICFR. Consequently, no remediation efforts were reported.