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As Of Filer Filing For·On·As Docs:Size Issuer Agent 12/09/13 American Airlines Group Inc. 8-K:1,2,3,512/09/13 14:711K RR Donnelley/FA American Airlines Inc |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 84K 2: EX-3.1 Articles of Incorporation/Organization or By-Laws HTML 150K 3: EX-3.2 Articles of Incorporation/Organization or By-Laws HTML 132K 4: EX-4.1 Instrument Defining the Rights of Security Holders HTML 20K 5: EX-4.2 Instrument Defining the Rights of Security Holders HTML 28K 6: EX-4.3 Instrument Defining the Rights of Security Holders HTML 19K 7: EX-10.1 Material Contract HTML 16K 8: EX-10.2 Material Contract HTML 19K 9: EX-10.3 Material Contract HTML 28K 10: EX-10.4 Material Contract HTML 63K 11: EX-10.5 Material Contract HTML 11K 12: EX-10.6 Material Contract HTML 10K 13: EX-10.9 Material Contract HTML 71K 14: EX-14.1 Code of Ethics HTML 17K
| EX-14.1 |
Exhibit 14.1
American Airlines Group Inc.
Code of Ethics
and
Conflict of Interests Policy
for Members of the Board of Directors
The Board of Directors (the “Board”) of American Airlines Group Inc. (“AAG” or the “Corporation”) has adopted this Code of Ethics (the “Code”). Each member of the Board (a “Director”) is expected to abide by this Code.
This Code is intended:
| (a) | to focus each Director on his/her duties and responsibilities as a director of a large, publicly held corporation; |
| (b) | to assist the Directors in the recognition of, and resolution of, ethical issues; |
| (c) | to provide the Directors with a reporting process for unethical conduct; and |
| (d) | to further promote a culture of honesty, accountability and integrity. |
No code or policy can anticipate every situation that may arise. Accordingly, this Code is intended to serve as a source of guiding principles. A guiding principle for each Director is that a Director (a) should exhibit the highest standards of business and professional integrity and (b) should avoid even the appearance of improper behavior.
A Director is encouraged to bring questions about particular circumstances that may implicate one or more of the provisions of this Code to the attention of the Chairman of the Audit Committee (the “Committee Chairman”), the Executive Vice President–Corporate Affairs, the Senior Vice President–General Counsel or the Vice President–Deputy General Counsel, as the Director deems appropriate.
A Director who also serves as an officer of the corporation must follow this Code in addition to the Corporation’s Standards of Business Conduct as contained within the Business Ethics Program.
| A. | Conflicts of interests |
| 1. | Board members have a paramount interest in promoting and preserving the interests of the stockholders of AAG. Directors should avoid any conflict of interest between themselves and the Corporation. Any situation that involves, or may be perceived as involving, a conflict between a Director’s personal interests and the interests of the Corporation should be disclosed to the Committee Chairman. In addition, Directors must disclose information regarding their financial interests in organizations that do business with the Corporation. |
| 2. | Once a Director has disclosed a conflict or potential conflict of interest, that Director will refrain from voting on any issue before the Board that creates the conflict or potential conflict of interest. |
| 3. | A Director will not knowingly engage in any conduct or activity that is inconsistent with, or disruptive of, the Corporation’s best interests or its relationship with any person or entity. |
| 4. | A Director, or any member of his or her immediate family, should not accept a substantial gift1 from a third party where the gift is given in order to influence the Director’s actions as a member of the Board. Such a gift should likewise be declined when its acceptance would give the appearance of a conflict of interest. |
| 5. | Directors should not accept compensation for services performed for or on behalf of the Corporation from any source other than AAG. |
| B. | Corporate Opportunities. |
Directors may not (a) take for their advantage, business opportunities that are substantially related to the Corporation’s business or (b) compete with the Corporation for business opportunities that are substantially related to the Corporation’s business; provided, however, if the disinterested Directors determine that the Corporation will not pursue such an opportunity, the Director is free to take advantage of, or otherwise compete for, such opportunity.
| C. | Confidentiality. |
Directors should maintain the confidentiality of information entrusted to them by the Corporation and any other confidential information about the Corporation that comes to them in their capacity as a Director, except when disclosure is authorized by the Corporation or legally mandated. For purposes of this Code, “confidential information” includes all non-public information relating to the Corporation.
| D. | Compliance with laws, rules and regulations. |
Directors shall comply with all laws, rules and regulations applicable to the Corporation.
| E. | Encouraging the reporting of any illegal or unethical behavior. |
Directors will ensure the Corporation adopts policies and procedures that are designed to:
| (a) | encourage employees to talk to supervisors, managers and other appropriate personnel when in doubt about the best course of action in a particular situation; |
| 1 | For purposes of this Code, “substantial gift” shall mean (i) a gift of more than token value; (ii) entertainment, the cost of which is in excess of what is considered reasonable, customary, and accepted business practice; (iii) loans made on preferential terms; or (iv) other substantial favors. |
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| (b) | encourage employees to report violations of laws, rules, regulations or the Corporation’s Standards of Business Conduct to appropriate personnel; and |
| (c) | make clear that the Corporation will not allow retaliation for reports that are made in good faith. |
| F. | Compliance Procedures. |
Directors should communicate any suspected violations of this Code promptly to the Committee Chairman. Suspected violations will be investigated by the Board or its designees and appropriate action will be taken in the event it is determined that a violation has occurred.
| G. | Fair Dealing |
Directors will make every reasonable effort to deal fairly with the Corporation’s customers, suppliers and employees. No Director should take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts or any other intentional unfair-dealing practice.
| H. | Protection and Proper Use of the Corporation’s Assets |
Directors may not use the Corporation’s assets, labor or information for personal use, unless such use is approved by the Committee Chairman or is part of a compensation or expense reimbursement available to all of the Directors.
| I. | Annual Review/Waiver |
The Board of Directors will review and reassess the adequacy of the Code annually and make any amendments to it as the Board deems appropriate.
Only the Board of Directors may approve any waiver of the Code with respect to any Director. Such a waiver must be promptly disclosed to the Company’s shareholders.
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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/21/24 American Airlines Group Inc. 10-K 12/31/23 147:24M 5/10/23 American Airlines Group Inc. S-8 5/10/23 5:199K Donnelley … Solutions/FA 2/24/23 American Airlines Group Inc. S-3ASR 2/24/23 10:1.5M Donnelley … Solutions/FA 2/22/23 American Airlines Group Inc. 10-K 12/31/22 141:46M 2/22/22 American Airlines Group Inc. 10-K 12/31/21 162:47M 2/17/21 American Airlines Group Inc. 10-K 12/31/20 160:42M |