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Re: CRichard post# 15560

Monday, 03/10/2014 9:57:50 AM

Monday, March 10, 2014 9:57:50 AM

Post# of 36851
CRichard The pilots did not take their shares in this distribution. They will get the remaining shares owed the union in the final distribution. The blog I was talking about explained why the pilots union 13.5% share of AAL was ending up only being 4%-5% and the reason for it.

Its on the allied pilots association website "Revisiting the APA Equity Stake"

In it they think the union will only get $1.1 billion in equity.


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