New York, June 30, 2015 -- Moody's Investors Service upgraded most of its ratings of American Airlines Group, Inc. ("AAG"), including the Corporate Family Rating to Ba3 from B1, Senior Secured rating assigned to corporate obligations to Ba1 (LGD2) from Ba2 (LGD2), and Senior Unsecured to B1 (LGD5) from B3 (LGD5). Moody's also upgraded the majority of the senior tranches of the Enhanced Equipment Trust Certificate ("EETC") ratings and confirmed most of the ratings assigned to the junior tranche EETCs. The rating outlook is stable. Today's rating action resolves the review for upgrade initiated on 16 June 2015 following the implementation of Moody's change to its approach for standard adjustments for operating leases.
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