SEC Form 3 
FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940 	  
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1. Name and Address of Reporting Person*
Nocella Andrew P	

(Last)	(First)	(Middle)	
4333 AMON CARTER BLVD.	

(Street) 
FORT WORTH	TX	76155	

(City)	(State)	(Zip)	
	2. Date of Event Requiring Statement (Month/Day/Year)
01/07/2016 	3. Issuer Name and Ticker or Trading Symbol 
American Airlines Group Inc. [ AAL ] 		
		4. Relationship of Reporting Person(s) to Issuer 
(Check all applicable) 
	Director		10% Owner	
X	Officer (give title below)		Other (specify below)	
SVP Chief Marketing Officer	
	5. If Amendment, Date of Original Filed (Month/Day/Year)				
			6. Individual or Joint/Group Filing (Check Applicable Line) 
X	Form filed by One Reporting Person	
	Form filed by More than One Reporting Person	
	
Table I - Non-Derivative Securities Beneficially Owned	
1. Title of Security (Instr. 4) 	2. Amount of Securities Beneficially Owned (Instr. 4) 	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 	4. Nature of Indirect Beneficial Ownership (Instr. 5) 	
Common Stock	240,958	D		
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) 	
1. Title of Derivative Security (Instr. 4) 	2. Date Exercisable and Expiration Date (Month/Day/Year)	3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 	4. Conversion or Exercise Price of Derivative Security 	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 	6. Nature of Indirect Beneficial Ownership (Instr. 5) 	
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares				
Stock Appreciation Rights	(1) 	04/11/2019	Common Stock	25,164	7.62	D		
Stock Appreciation Rights	(2) 	04/20/2018	Common Stock	10,268	8.14	D		
Stock Appreciation Rights	(3) 	04/19/2016	Common Stock	12,500	38.44	D		
Stock Appreciation Rights	(4) 	04/11/2017	Common Stock	13,750	45.01	D		
Explanation of Responses:	
1. Stock appreciation rights (SARs) were granted on April 11, 2012 and became exercisable in increments of one third on each of the first three anniversaries of the grant date.	
2. SARs were granted on April 20, 2011 and became exercisable in increments of one third on each of the first three anniversaries of the grant date.	
3. SARs were granted on April 19, 2006 and became exercisable in increments of one third on each of the first three anniversaries of the grant date.	
4. SARs were granted on April 11, 2007 and became exercisable in increments of one third on each of the first three anniversaries of the grant date.	
Remarks:	
Exhibit List-Exhibit 24 Power of Attorney	
	Caroline B. Ray/Power of Attorney	01/15/2016	
	** Signature of Reporting Person	Date	
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).	
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.	
EXHIBIT 24
POWER OF ATTORNEY

        KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints Kenneth Wimberly, Caroline Ray and Derek J. Kerr, and their respective
successors, and each of them the undersigned's true and lawful attorneys-in-fact
  and agents with full power of substitution and resubstitution, signing singly,
  for the undersigned and in the undersigned's name, place and stead, in any and
  all capacities, to:

1. prepare, execute for and on behalf of the undersigned, and submit to the U.S.
  Securities and Exchange Commission (the "SEC") a Form ID (including any
amendments thereto) and any other documents necessary or appropriate to obtain
codes and passwords enabling the undersigned to make electronic filings with the
  SEC of reports required by Section 16(a) of the Securities Exchange Act of
1934 (as amended, the "Exchange Act") or any rule or regulation of the SEC;

2. complete and execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer and/or director of American Airlines Group
Inc. (the "Company") Forms 3, 4 and 5 or any other forms (including any
amendments thereto), in accordance with Section 16(a) of the Exchange Act and
the rules and regulations thereunder;

3. complete and execute for and on behalf of the undersigned, one or more Forms
144 under the Securities Act of 1933, as amended (the "Securities Act"), as and
when authorized by the undersigned telephonically or by electronic transmission
(including e-mail);

4. do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Form ID, 3, 4, 5
or 144 or any other form (including any amendment thereto) and timely file such
form with the SEC and any stock exchange or similar authority; and

5. take any other action of any type whatsoever in connection with the foregoing
  which, in the opinion of such attorney-in-fact, may be of benefit to, in the
best interest of, or legally required by, the undersigned, it being understood
that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

        The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution, resubstitution or revocation, hereby ratifying and confirming all
that such attorney-in-fact, or such attorney-in-fact's substitute or
substitutes, shall lawfully do or cause to be done by virtue of this power of
attorney and the rights and powers herein granted.  The undersigned acknowledges
  that the foregoing attorneys-in-fact, in serving in such capacity at the
request of the undersigned, are not assuming, nor is the Company assuming, any
of the undersigned's responsibilities to comply with the Securities Act or
Section 16 of the Exchange Act.

        The undersigned agrees that each such attorney-in-fact herein may rely
entirely on information furnished orally or in writing by the undersigned to
such attorney-in-fact.  The undersigned also agrees to indemnify and hold
harmless the Company and each such attorney-in-fact against any losses, claims,
damages or liabilities (or actions in these respects) that arise out of or are
based upon any untrue statements or omission of necessary facts in the
information provided by the undersigned to such attorney-in fact for purposes of
  executing, acknowledging, delivering or filing Forms ID, 3, 4, 5 or 144 or any
  other forms (including any amendments thereto) and agrees to reimburse the
Company and such attorney-in-fact for any legal or other expenses reasonably
incurred in connection with investigating or defending against any such loss,
claim, damage, liability or action.

        This Power of Attorney supersedes any power of attorney previously
executed by the undersigned regarding the purposes outlined in the first
paragraph hereof ("Prior Powers of Attorney"), and the authority of the
attorneys-in-fact named in any Prior Powers of Attorney is hereby revoked.

        This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, 5 and 144 with respect to
the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier (a) revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact or (b) superseded by a new power of
  attorney regarding the purposes outlined in the first paragraph hereof dated
as of a later date.

        IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 7th day of January, 2016.

Signature: /S/ Andrew P. Nocella
           ____________________
           Andrew P. Nocella