American Airlines Group Inc. is an American publicly traded airline holding company headquartered in Fort Worth, Texas. It was formed on December 9, 2013, by the merger of AMR Corporation, the parent company of American Airlines, and US Airways Group, the parent company of US Airways.
Carbon Capture Utilization and Storage (CCUS)
- Role and Importance: American Airlines emphasizes the role of CCUS in reducing carbon emissions and supporting their goal of achieving net-zero emissions by 2050.
- Investments and Developments: The company invests in CCUS projects and technologies to capture and store carbon emissions from their operations.
- Technological Collaboration: Collaborates with industry partners and research institutions to advance CCUS technologies and integrate them effectively.
Sustainability and Green Initiatives
- Emission Reduction Goals: Aims to achieve net-zero carbon emissions by 2050, with interim targets to reduce greenhouse gas emissions by 45% by 2035.
- Greenhouse Gas Regulations and Policies: Supports regulatory frameworks that promote sustainability and emissions reductions, aligning with international climate goals.
- Energy Transition Strategy: Investing in renewable energy sources and sustainable aviation fuels, focusing on fleet modernization and operational enhancements to improve energy efficiency.
Key Takeaways
- Committed to significant reductions in carbon emissions through investments in CCUS, renewable energy, and sustainable practices.
- Actively working to enhance energy efficiency and reduce carbon footprint across operations.
- Collaboration with industry partners, governments, and research institutions is central to their sustainability strategy.
Website:
https://www.aa.com/homePage.do
10-K Report:
https://www.sec.gov/ix?doc=/Archives/edgar/data/0000006201/000000620124000010/aal-20231231.htm
Sustainability Report:
https://s202.q4cdn.com/986123435/files/images/esg/aa-sustainability-report-2022.pdf
