Did you follow our calls?

American Airlines last night confirmed our analysis of late 2011 when we awarded an Aviation 100 Award to American Airlines and of last November/December when we again rewarded American Airlines. American distributed the last big chunk of its payout to its bankrupt predecessor’s shareholders yesterday as shares closed at $35.98, up 46% from the start of trading, in the process American delivered a windfall right on the target range we stated would be the case some eight months ago 2014. Yesterday’s payout was based on the formula that awards shares in the new American Airline Group to holders of old