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YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. physical effects of climate change. We are subject to many forms of environmental and noise regulation and may incur substantial costs as a result. We are subject to a number of increasingly strin...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. and remediate soil or groundwater to meet certain remediation standards. Under federal law, generators of waste materials, and current and former owners or operators of facilities, can be subject to...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. use of certain chemicals, most notably per- and polyfluoroalkyl, substances (PFAS). Products containing PFAS have been used in manufacturing, industrial, and consumer applications over many decades,...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. exceed the reportable quantity for such substances to EPA’s National Response Center. Depending on the final outcome of this rulemaking and the introduction of any additional state or federal regula...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. We also participate in leases with other airlines in fuel consortiums and fuel committees at airports, and such indemnities are generally joint and several among the participating airlines. Governm...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. modernize and increase the efficiency of the airspace and airports we utilize. A higher than normal number of pilot retirements, more stringent duty time regulations, increased flight hour requirem...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 1,500 hours, thereby significantly increasing the time and cost commitment required to become licensed to fly commercial aircraft. Additionally, the number of military pilots being trained by the U....
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. significant further proposed increases in mainline pilot compensation. We believe that this industry-wide pilot shortage will remain a significant problem for airlines in the United States for the f...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 2022, all of our mainline aircraft were manufactured by either Airbus S.A.S. (Airbus) or The Boeing Company (Boeing) and all of our regional aircraft were manufactured by either Bombardier or Embrae...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. our aircraft or any action by the FAA or any other regulatory authority resulting in an inability to certify or operate our aircraft, even temporarily. For instance, in March 2019, the FAA ordered t...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. impact our business, results of operations and financial condition. The success of our business depends on, among other things, effectively managing the number and types of aircraft we operate. If,...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. or reductions to our schedule, thereby reducing revenues. If new aircraft orders are not filled on a timely basis, we could face higher financing and operating costs than planned. In addition, if th...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. forced Boeing to temporarily suspend deliveries of 787 aircraft, resulting in significant reductions to our planned long-haul flying. Repeated or prolonged delays in the production, delivery or indu...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. maintenance systems and check-in kiosks. In order for our operations to work efficiently, our website and reservation system must be able to accommodate a high volume of traffic, maintain secure inf...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. delays, which could harm our business and result in the loss of important data, increase our expenses and decrease our revenues. Furthermore, certain critical aspects of our operation rely on legacy...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. are subject to risks associated with the introduction or expansion of technologies that could interfere with the safe operation of these flight systems. For example, telecommunications companies are...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. its SAIB that it could restrict flight operations in areas where such interference could occur. On January 18, 2022, major U.S. telecommunications companies agreed to delay the implementation of 5G ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , particularly in low-visibility conditions at certain airports and with our regional carriers. While we are working closely with the FAA and other aviation industry participants to develop a long-te...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. have made clear our commitment to updating our aircraft as soon as possible and we have already completed retrofitting our mainline Airbus A320 fleet with updated radio altimeters. We will continue ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. . We cannot assure that our security measures, change control procedures or disaster recovery plans are adequate to prevent disruptions or delays. Disruption in or changes to these technologies or sy...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. use and disclose personal information about individuals and rely on third party service providers to host or otherwise process personal information. Many federal, state and foreign governmental bodi...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. business requires the secure processing and storage of personal information relating to our customers, employees, business partners and others. However, like any global enterprise operating in today...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. to be in the future. For example, in March 2021, a sub-set of AAdvantage members as well as members of several other major airline loyalty programs received a notification about a security incident ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. may be material. Geopolitical issues continue to increase our cybersecurity risk and potential for cybersecurity incidents, for example, the conflict involving Russia and Ukraine, which has resulte...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. security incident. This regulatory environment is increasingly challenging and may present material obligations and risks to our business, including significantly expanded compliance burdens, costs ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. us, including unauthorized access to, disclosure, modification, misuse, loss or destruction of company systems or data; theft of sensitive, regulated or confidential data, such as personal informati...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. been able to prevent all data security breaches or misuse of data. Similarly, we depend on the ability of our key commercial partners, including AAdvantage partners, other business partners, our reg...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. service providers may store personal information, credit card information and/or other confidential information. Such information may be the target of unauthorized access or subject to security brea...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. we could be exposed to litigation, regulatory 76 Table of Contents enforcement or other legal action as a result of an incident, carrying the potential for damages, fines, sanctions or other pena...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. also may require changes to our processes and increase compliance costs. There is also an increased risk to our business in the event of a significant data privacy violation, including additional co...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. provisions of state privacy laws may involve new interpretations of privacy laws. Compliance with these laws and regulations may be inconsistent from jurisdiction to jurisdiction, increasing the cos...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Holdings, including its booking sites Kayak and Priceline), to distribute a significant portion of our airline tickets, and we expect in the future to continue to rely on these channels. We are also...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. while maintaining an industry-competitive cost structure. Further, as distribution technology changes we will need to continue to update our technology by acquiring new technology from third parties...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. effect on our business, results of operations and financial condition. If we are unable to obtain and maintain adequate facilities and infrastructure throughout our system and, at some airports, ad...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. at airports throughout our network, including those imposed by inadequate facilities at desirable airports. In light of constraints on existing facilities, there is presently a significant amount o...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. increase significantly at many airports at which we operate, including a number of our hubs and gateways, as a result of capital spending projects currently underway and additional projects that we ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. airports generally require the allocation of slots or similar regulatory authority. In addition to slot restrictions, operations at DCA and LGA are also limited based on a so-called “perimeter rule”...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. have generally, but not always, been able to obtain the rights to expand our operations and to change our schedules. However, there is no assurance that we will be able to obtain sufficient slots or...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , whether they will be granted on the same or similar terms, or whether we ultimately could be at risk of losing valuable operating rights. If we are forced to surrender slots, we may be unable to pr...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Airport where we have no access to gates at all. Any limitation on our ability to acquire or maintain adequate gates, ticketing facilities, operations areas, operations control facilities, slots (w...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. our hubs, gateways or other airports where we have a significant presence, resulting from air traffic control delays, weather conditions, natural disasters, growth constraints, performance by third-...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. over whether vendors of such services will improve or continue to provide services that are essential to our business. 78 Table of Contents Increases in insurance costs or reductions in insurance...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. business could be materially and adversely affected. Additionally, severe disruptions in the domestic and global financial markets could adversely impact the claims paying ability of some insurers. ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. , and various U.S. fees and taxes also are assessed on international flights. For example, as permitted by federal legislation, most major U.S. airports impose a per-passenger facility charge on us. ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. and fees are not our operating expenses, they represent an additional cost to our customers. There are continuing efforts in Congress and in other countries to raise different portions of the variou...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. and thus our revenues. Risks Related to Ownership of AAG Common Stock and Convertible Notes The price of AAG common stock has been and may in the future be volatile. The market price of AAG commo...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. ness and other obligations; changes in our credit ratings; material announcements by us or our competitors; 79 Table of Contents expectations regarding any future capital deployment program, inc...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. S Act, the PSP Extension Law and the ARP; increases or decreases in reported holdings by insiders or other significant stockholders; fluctuations in trading volume; and technical factors in the pu...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. and $12.74 to $17.08 during 2023 year-to-date through April 21, 2023. At times, fluctuations in our stock price have been rapid, imposing risks on investors due to the possibility of significant, sh...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. a technical market condition that occurs when the price of a stock increases substantially, forcing market participants who had taken a position that its price would fall (i.e., who had sold the sto...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. will enhance long-term stockholder value. In connection with the financial assistance provided under PSP1, PSP2 and PSP3, we agreed not to repurchase shares of AAG common stock through September 30...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. common stock through September 30, 2022. Following the expiration of these restrictions, if we determine to make any dividends in the future, such dividends that may be declared and paid from time t...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. be and could potentially reduce the market liquidity for our stock. Additionally, any future repurchases of AAG common stock 80 Table of Contents or payment of dividends will diminish our cash re...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. so. AAG’s Certificate of Incorporation, Bylaws and Tax Benefit Preservation Plan include provisions that limit voting and acquisition and disposition of our equity interests and specify an exclusiv...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Preservation Plan. These restrictions may adversely affect the ability of certain holders of AAG common stock and our other equity interests to vote such interests and adversely affect the ability o...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. or liability created by the Securities Act of 1933, as amended (Securities Act). We note that there is uncertainty as to whether a court would enforce the provision as it applies to the Securities A...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. in control are not in our best interest and the best interest of our stockholders. These provisions include, among other things, the following: advance notice procedures for stockholder proposals t...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. our Certificate of Incorporation. These provisions are not intended to prevent a takeover, but are intended to protect and maximize the value of the interests of our stockholders. While these provi...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. by the Board of Directors prior to the investment under Section 203. The issuance or sale of shares of our common stock, rights to acquire shares of our common stock, or warrants issued to Treasury...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. shares or securities are issued or sold, or if it is perceived that they will be sold, into the public market or otherwise, the trading price of our common stock and the 6.50% convertible senior not...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. the amount of securities authorized to be issued under any of our long-term debt agreements does not exceed 10% of our assets, pursuant to paragraph (b)(4) of Item 601 of Regulation S-K, in lieu of ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 3 (Commission File No. 1-8400)). 4.2 Form of 7.25% Senior Secured Notes due 2028 (incorporated by reference to Exhibit A to Exhibit 4.1 AAG’s Current Report on Form 8-K filed on February 15, 2023 (...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. . 3219 dated as of October 15, 2008, by and between American Airlines, Inc. and The Boeing Company.* 31.1 Certification of AAG Chief Executive Officer pursuant to Rule 13a-14(a). 31.2 Certificati...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. b) of section 1350, chapter 63 of title 18, United States Code). 32.2 American Certification pursuant to Rule 13a-14(b) and section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. S-K. 83 Table of Contents SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. : /s/ Devon E. May Devon E. May Executive Vice President and Chief Financial Officer (Duly Authorized Officer and Principal Financial Officer) 84 cik:6201 ticker:AAL name:American Airlines Grou...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 8-K _________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of The Secur...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. principal executive offices and Zip Code) (858) 350-2600 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) _____...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. -commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Name of Registrant Title of each cla...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Votes Withheld Ernest S. Rady 50,637,449 2,709,106 Thomas S. Olinger 51,633,418 1,713,137 Joy L. Schaefer 37,426,361 15,920,194 Dr. Robert S. Sullivan 44,194,192 9,152,363 Nina A. Tran ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. are duly elected and qualified. Proposal No. 2: The ratification of the appointment Erns t & Young LLP as the Company’s independent registered public accounting firm for the year ending December ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Proposal No. 3. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto du...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ FORM 8-K _________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of The Secur...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. principal executive offices and Zip Code) (858) 350-2600 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) _____...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. -commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Name of Registrant Title of each cla...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 2023, American Assets Trust, Inc. (the “Company”) published its 2022 Sustainability Report (the “Sustainability Report”), which covers the Company’s 2022 operations, and highlights the Company’s init...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. unto duly authorized. American Assets Trust, Inc. By: /s/ Adam Wyll Adam Wyll President and Chief Operating Officer June 1, 2023 EXHIBIT INDEX Exhibit Number Exhibit Description 104 Cov...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended D...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. ant as Specified in its Charter) Commission file number: 33-202342-01 Maryland (American Assets Trust, Inc.) 27-3338708 (American Assets Trust, Inc.) Maryland (American Assets Trust, L.P.) 27...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Name Of Each Exchange On Which Registered American Assets Trust, Inc. Common Stock, $.01 par value per share AAT New York Stock Exchange American Assets Trust, L.P. None None None Securities...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Trust, Inc. Yes No American Assets Trust, L.P. Yes No Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exch...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the Registrant was required to submit and post such files). American Assets Trust, Inc. Yes No American Asse...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. . See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one): American Assets Trust, ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. iler Smaller reporting company Emerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying w...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. of the registrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. shares on June 30, 2022 was $1.560 billion. The number of American Assets Trust, Inc.’s common shares outstanding on February 10, 2023 was 60,717,835. DOCUMENTS INCORPORATED BY REFERENCE Portions...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. .P., a Maryland limited partnership, of which American Assets Trust, Inc. is the parent company and sole general partner. Unless otherwise indicated or unless the context requires otherwise, all refe...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. is the sole general partner of the Operating Partnership. As of December 31, 2022, American Assets Trust, Inc. owned an approximate 78.8% partnership interest in the Operating Partnership. The rem...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. 10-K of American Assets Trust, Inc. and the Operating Partnership into a single report will result in the following benefits: better reflects how management and the analyst community view the busine...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Assets Trust, Inc. and the Operating Partnership, which are reflected in the disclosures in this report. We believe it is important to understand the differences between American Assets Trust, Inc. ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. substantially all the assets of the company, directly or indirectly holds the ownership interests in the company's real estate ventures, conducts the operations of the business and is structured as ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. interests in the Operating Partnership that are not owned by American Assets Trust, Inc. are accounted for as partners’ capital in the Operating Partnership’s financial statements and as noncontroll...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Analysis of Financial Condition and Results of Operations. This report also includes separate Item 9A. Controls and Procedures sections and separate Exhibit 31 and 32 certifications for each of Ame...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. MBER 31, 2022 ABLE OF ONTENTS PART I ITEM 1. BUSINESS ITEM 1A. RISK FACTORS ITEM 1B. UNRESOLVED STAFF COMMENTS 32 ITEM 2. PROPERTIES 33 ITEM 3. LEGAL PROCEEDINGS 38 ITEM 4. MINE SAFETY D...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. ATIONS 42 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 62 ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 63 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. ERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 66 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 66 ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES 66 IT...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act). In particular, statements pertaining to our capital resources, portfolio performance and res...
YOU are a financial analyst. You are reading a report of a company. The report is about the company's financial status. relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions. Forward-looking statements involve numerous risks and uncertai...