AMERICAN AIRLS GROUP INC

Ticker: AAL CUSIP: 02376R102 Class: COM

Nicholas Investment Partners, LP's Holding History (CIK: 0001389574)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015

Shares 86,430 Value ($000) $4,562 Avg Close $48.17 Range $43.63 - $53.25

Q4 2014

Shares 85,526 Value ($000) $4,587 Avg Close $40.79 Range $26.56 - $51.77

Q3 2014

Shares 98,821 Value ($000) $3,506 Avg Close $37.15 Range $32.46 - $41.48

Q2 2014

Shares 189,304 Value ($000) $8,132 Avg Close $36.77 Range $30.04 - $42.31

Q1 2014

Shares 92,089 Value ($000) $3,370 Avg Close $32.09 Range $23.63 - $37.60

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	86,430	$4,562	$48.17	$43.63 - $53.25
Q4 2014	85,526	$4,587	$40.79	$26.56 - $51.77
Q3 2014	98,821	$3,506	$37.15	$32.46 - $41.48
Q2 2014	189,304	$8,132	$36.77	$30.04 - $42.31
Q1 2014	92,089	$3,370	$32.09	$23.63 - $37.60