American Airlines Group Inc (AAL)

[junkmanlong1]

The union is owed 23.6% of the creditors debt as if non had converted to common.

around 400 million converted to common. The rest of the debt was converted to preferred shares at $25.

167 million preferred shares for the double and single debtors
+16 million for the ones that converted to common
= 183 million shares

* 23.6% = 43 million shares owed the union.

Its all in shares now no more dollars owed.

JML