XML 61 R33.htm IDEA: XBRL DOCUMENT v3.25.4
Transactions with Related Parties
 12 Months Ended
Dec. 31, 2025
American Airlines, Inc.  
Related Party Transaction [Line Items]  
Transactions with Related Parties Transactions with Related Parties
The following represents the net receivables (payables) from or to related parties (in millions):
December 31,
 20252024
AAG (1)
$11,938 $10,258 
AAG’s wholly-owned subsidiaries (2)
(2,042)(2,071)
Total$9,896 $8,187 
(1)The increase in American’s net related party receivable from AAG is due in part to American providing the cash funding for AAG’s financing transactions, including the $1.0 billion cash settlement of AAG’s 6.50% convertible senior notes upon their maturity on July 1, 2025.
(2)The net payable to AAG’s wholly-owned subsidiaries consists primarily of amounts due under regional capacity purchase agreements with AAG’s wholly-owned regional airlines operating under the brand name of American Eagle.
Pursuant to a capacity purchase agreement between American and AAG’s wholly-owned regional airlines operating as American Eagle, American purchases all of the capacity from these carriers and recognizes passenger revenue from flights operated by American Eagle. In 2025, 2024 and 2023, American recognized expense of approximately $3.2 billion, $2.9 billion and $2.7 billion, respectively, related to wholly-owned regional airline capacity purchase agreements.