AMERICAN AIRLS GROUP INC

Ticker: AAL CUSIP: 02376R102 Class: COM

LAKEWOOD CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001424381)

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

Q3 2015

Shares 727,886 Value ($000) $28,264 Avg Close $39.12 Range $32.52 - $42.52

Q2 2015

Shares 727,886 Value ($000) $29,068 Avg Close $43.35 Range $36.58 - $50.77

Q1 2015

Shares 727,886 Value ($000) $38,418 Avg Close $48.17 Range $43.63 - $53.25

Q4 2014

Shares 1,389,900 Value ($000) $74,540 Avg Close $40.79 Range $26.56 - $51.77

Q1 2014

Shares 121,300 Value ($000) $4,440 Avg Close $32.09 Range $23.63 - $37.60

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	727,886	$28,264	$39.12	$32.52 - $42.52
Q2 2015	727,886	$29,068	$43.35	$36.58 - $50.77
Q1 2015	727,886	$38,418	$48.17	$43.63 - $53.25
Q4 2014	1,389,900	$74,540	$40.79	$26.56 - $51.77
Q1 2014	121,300	$4,440	$32.09	$23.63 - $37.60