| 1 | American Airlines Group Inc. | 9,755,889 | $179.2M | 100.00% | Share |
| 2 | United Airlines Holdings, Inc. | 7,746,397 | $142.3M | 80.53% | Share |
| 3 | DELTA AIR LINES, INC. | 6,770,601 | $124.4M | 28.08% | Share |
| 4 | CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | 4,446,210 | $81.7M | 21.51% | Share |
| 5 | Owl Creek Asset Management, L.P. | 4,113,312 | $75.6M | 2.28% | Share |
| 6 | WEXFORD CAPITAL LP | 557,054 | $10.2M | 1.97% | Share |
| 7 | Fortress Investment Group LLC | 250,804 | $4.6M | 1.08% | Share |
| 8 | PAR CAPITAL MANAGEMENT INC | 177,301 | $3.0M | 0.08% | Share |
| 9 | Pinnacle Holdings, LLC | 110,673 | $2.0M | 0.69% | Share |
| 10 | Orvieto Partners, L.P. | 79,500 | $1.5M | 1.18% | Share |
| 11 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 74,100 | $1.0M | 0.00% | Put |
| 12 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 92,700 | $1.0M | 0.00% | Call |
| 13 | VANGUARD GROUP INC | 27,662 | $508K | 0.00% | Share |
| 14 | CastleKnight Management LP | 18,733 | $344K | 0.01% | Share |
| 15 | VANGUARD GROUP INC | 9,896 | $181K | 0.00% | Share |
| 16 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 3,549 | $65K | 0.00% | Share |
| 17 | UBS Group AG | 1,944 | $35K | 0.00% | Share |
| 18 | Privium Fund Management (UK) Ltd | 1,944 | $35K | 0.03% | Share |
| 19 | VANGUARD GROUP INC | 774 | $14K | 0.00% | Share |
| 20 | UBS Group AG | 270 | $4K | 0.00% | Share |
| 21 | GROUP ONE TRADING LLC | 204 | $3K | 0.00% | Share |
| 22 | TUCKER ASSET MANAGEMENT LLC | 158 | $2K | 0.00% | Share |
| 23 | MORGAN STANLEY | 7,279 | $0 | 0.00% | Share |
| 24 | BlackRock, Inc. | 5,108 | $0 | 0.00% | Share |
| 25 | BlackRock, Inc. | 29,314 | $0 | 0.00% | Share |
| 26 | JPMORGAN CHASE & CO | 5 | $0 | 0.00% | Share |
| 27 | SBI Securities Co., Ltd. | 28 | $0 | 0.00% | Share |
| 28 | BlackRock, Inc. | 428 | $0 | 0.00% | Share |
| 29 | UBS Group AG | 3 | $0 | 0.00% | Share |
| 30 | CoreCap Advisors, LLC | 3 | $0 | 0.00% | Share |
| 31 | WELLS FARGO & COMPANY/MN | 772 | $0 | 0.00% | Share |
| 32 | WELLS FARGO & COMPANY/MN | 66 | $0 | 0.00% | Share |
| 33 | Qube Research & Technologies Ltd | 16,887 | $0 | 0.00% | Share |
| 34 | ExodusPoint Capital Management, LP | 22,170 | $0 | 0.00% | Share |
| 35 | BARCLAYS PLC | 17,500 | $0 | 0.00% | Share |
| 36 | CITIGROUP INC | 1 | $0 | 0.00% | Share |
| 37 | RENAISSANCE TECHNOLOGIES LLC | 10,759 | $0 | 0.00% | Share |
| 38 | Cerity Partners LLC | 18,911 | $0 | 0.00% | Share |
| 39 | GEODE CAPITAL MANAGEMENT, LLC | 19,955 | $0 | 0.00% | Share |
| 40 | GEODE CAPITAL MANAGEMENT, LLC | 4,106 | $0 | 0.00% | Share |
| 41 | MILLENNIUM MANAGEMENT LLC | 21,483 | $0 | 0.00% | Share |
| 42 | CITADEL ADVISORS LLC | 15,621 | $0 | 0.00% | Share |
| 43 | Tower Research Capital LLC (TRC) | 507 | $0 | 0.00% | Share |
| 44 | FMR LLC | 6 | $0 | 0.00% | Share |
| 45 | BANK OF AMERICA CORP /DE/ | 5 | $0 | 0.00% | Share |
| 46 | BANK OF AMERICA CORP /DE/ | 2 | $0 | 0.00% | Share |
| 47 | BNP PARIBAS FINANCIAL MARKETS | 23 | $0 | 0.00% | Share |
| 48 | MORGAN STANLEY | 399 | $0 | 0.00% | Share |
| 49 | MORGAN STANLEY | 20 | $0 | 0.00% | Share |