Transactions with Related Parties (Tables)

3 Months Ended

Mar. 31, 2020

American Airlines, Inc. [Member]

Entity Information [Line Items]

Summary of Net Receivables (Payables) to Related Parties

The following represents the net receivables (payables) to related parties (in millions):

	March 31, 2020			December 31, 2019
AAG (1)	$	14,957		$	14,597
AAG’s wholly-owned subsidiaries (2)	(2,142		)	(2,146		)
Total	$	12,815		$	12,451

     

⁽¹⁾  The increase in American’s net related party receivable from AAG is primarily due to American providing the cash funding for AAG’s share repurchase and dividend programs.

AAG has suspended its capital return program, including share repurchases and the payment of future dividends. In connection with AAG's receipt of financial support under the Payroll Support Program, AAG agreed not to repurchase shares of or make dividend payments in respect of AAG common stock through September 30, 2021. If AAG receives

a secured loan from Treasury pursuant to the CARES Act, it will be prohibited from repurchasing shares of AAG common stock through the date that is one year after such secured loan is fully repaid.

⁽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.