---
title: "Key facts: AAL note purchase disclosed; Appaloosa exits stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286637656.md"
description: "American Airlines (AAL) disclosed a note purchase agreement dated May 11, 2026; filing gave no additional terms and recorded the transaction in its SEC disclosures.1Appaloosa sold its entire stake in American Airlines (AAL) in Q1 2026. The hedge fund previously held ~14.1M shares ( ~$217M value as of Dec 31) and now holds none.23"
datetime: "2026-05-16T07:14:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286637656.md)
  - [en](https://longbridge.com/en/news/286637656.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286637656.md)
---

# Key facts: AAL note purchase disclosed; Appaloosa exits stake

-   American Airlines (AAL) disclosed a note purchase agreement dated May 11, 2026; filing gave no additional terms and recorded the transaction in its SEC disclosures.1
-   Appaloosa sold its entire stake in American Airlines (AAL) in Q1 2026. The hedge fund previously held ~14.1M shares ( ~$217M value as of Dec 31) and now holds none.23

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