American Airlines Group Inc. (NASDAQ:) announced on Thursday an extension to its Tax Benefit Preservation Plan, initially set to expire in December 2024. The amendment pushes the expiration date to October 29, 2027, with a caveat that it could end earlier if certain conditions are not met, including the lack of stockholder approval by October 29, 2025.
The Tax Benefit Preservation Plan, first instituted on December 21, 2021, is designed to protect the company’s valuable tax assets by…
