MCKINSEY RECOVERY& TRANSFORMATION SERVICES U.S., LLC, MCKINSEY

MCKINSEY RECOVERY& TRANSFORMATION SERVICES U.S., LLC, MCKINSEY & COMPANY, INC. UNITED STATES, AND MCKINSEY & COMPANY, INC. JAPAN 55 East 52nd Street New York, NY 10055

UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF NEW YORK

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In re : Chapter 11 Case No.

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AMR CORPORATION, et al., : 11-15463 (SHL)

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Debtors. : (Jointly Administered)

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SUMMARY SHEET PURSUANT TO

UNITED STATES TRUSTEE GUIDELINES FOR REVIEWING APPLICATIONS FOR COMPENSATION AND REIMBURSEMENT OF

EXPENSES FILED UNDER SECTION 330 OF THE BANKRUPTCY CODE

Name of Applicant: McKinsey Recovery & Transformation Services U.S., LLC, McKinsey & Company, Inc. United States, and McKinsey & Company, Inc. Japan

Time Period: December 12, 2011 through March 31, 2012

Authorized to Provide

Professional Services to:

The Debtors

Date of Order Authorizing

Employment:

Nunc pro tunc to December 12, 2011

Current Application

Fees Requested: $2,461,738.50

Expenses Requested: $189,703.161

Existing Holdback Requested2: $492,347.70

1 As noted below, the expense reimbursement request covers the period from December 12, 2011 to March 31, 2012.

McKinsey reserves the right to request reimbursement for additional expenses from the period December 12, 2011 to March 31, 2012 not invoiced herein.

11-15463-shl Doc 2757 Filed 05/15/12 Entered 05/15/12 13:36:47 Main Document Pg 1 of 51

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Total: $2,651,441.66 (Representing the total fees and total expenses)

Prior Fee Submissions:

Requested Approved

Date Filed Period

Covered

Fees Expenses Fees Expenses Holdback

First

Monthly

03/08/2012 [Dkt.1666]

12/12/2011- 12/31/2011

$513,104 $0.00 $410,483.20 $0.00 $102,620.80

Second

Monthly

03/30/2012 [Dkt.2115]

01/01/2012- 01/31/2012

$1,201,684.75 $126,977.60 $961,347.80 $126,977.60 $240,336.95

Third

Monthly

03/30/2012 [Dkt.2116]

02/01/2012- 02/29/2012

$500,234.25 $0.00 $400,187.40 $0.00 $100,046.85

Fourth

Monthly

04/30/12 [Dkt. 2511]

03/01/12-03/31/12

$246,716.00 $62,725.56 Pending Pending Pending

This is a ___ Monthly X_ Interim ___ Final Fee Application

2 The amounts comprising the Holdback are set forth in detail in the Application.





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APPLICATION OF MCKINSEY RECOVERY & TRANSFORMATION SERVICES U.S.,

LLC, MCKINSEY & COMPANY, INC. UNITED STATES, AND MCKINSEY &

COMPANY, INC. JAPAN FOR COMPENSATION FOR SERVICES RENDERED,

REIMBURSEMENT OF EXPENSES INCURRED AND PAYMENT OF

HOLDBACK AS MANAGEMENT CONSULTANTS FOR DEBTORS

FOR THE PERIOD DECEMBER 12, 2011 THROUGH MARCH 31, 2012

TO THE HONORABLE JUDGE SEAN H. LANE UNITED STATES BANKRUPTCY JUDGE:

McKinsey Recovery & Transformation Services U.S., LLC, McKinsey & Company, Inc.

United States, and McKinsey & Company, Inc. Japan (collectively, “McKinsey”), management

consultants for AMR Corporation, American Airlines, Inc., AMR Eagle Holding Corporation,

and certain of their subsidiaries, as debtors and debtors in possession in the above-captioned

chapter 11 cases (collectively, the “Debtors,” and together with their non-Debtor subsidiaries,

“AMR”), submits its first interim fee application (the “Application”), pursuant to sections 327,

330(a) and 331 of title 11 of the United States Code (the “Bankruptcy Code”), Rule 2016 of the

Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”), Rule 2016-1 of the Local

Bankruptcy Rules for the Southern District of New York (the “Local Rules”), the United States


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Trustee Guidelines for Reviewing Applications for Compensation and Reimbursement of

Expenses Filed Under 11 U.S.C. §330 issued by the Executive Office for United States Trustee

(the “Guidelines”), Amended Guidelines for Fees and Disbursements for Professionals in

Southern District of New York Bankruptcy Cases adopted by the Court on November 25, 2009

(the “Local Guidelines”), United States Bankruptcy Court of the Southern District of New

York’s General Order M-412 Order signed on December 21, 2010 by Chief Judge Arthur J.

Gonzalez Amending General Order M-388; Re: Procedures for Monthly Compensation and

Reimbursement of Expenses of Professionals, effective December 21, 2010 (the “General

Order”) and this Court’s Amended Order Pursuant to Sections 105(a) and 331 of the Bankruptcy

Code and Bankruptcy Rule 2016(a) Establishing Procedures for Interim Monthly Compensation

and Reimbursement of Expenses of Professionals, dated January 31, 2012 (the “Interim

Compensation Order”) [Docket No. 958], requesting interim allowance of compensation for

professional services performed by McKinsey for the period commencing December 12, 2011

through and including March 31, 2012 (the “Interim Compensation Period”) in the amount of

$2,461,738.50, which includes amounts held back (the “Holdback”) in accordance with the

Interim Compensation Order, and the reimbursement of actual and necessary expenses in the

amount of $189,703.16 incurred during the Interim Compensation Period, as detailed in

McKinsey’s four previously filed and served monthly fee statements (collectively, the “Fee

Statements”). In support of this Application, McKinsey respectfully represents:

Jurisdiction and Venue

1. This Court has jurisdiction to consider and determine this matter pursuant to 28

U.S.C. §§ 157 and 1334. This is a core proceeding pursuant to 28 U.S.C. § 157(b). Venue is

proper before this Court pursuant to 28 U.S.C. §§ 1408 and 1409.


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2. The bases for the relief requested herein are sections 330 and 331 of the

Bankruptcy Code, Bankruptcy Rule 2016 and Local Bankruptcy Rule 2016-1. Pursuant to the

Local Guidelines, a certification of compliance is annexed hereto as Exhibit A.

General Background

3. On November 29, 2011 (the “Commencement Date”), the Debtors commenced

voluntary cases under chapter 11 of the Bankruptcy Code. The Debtors continue to operate their

businesses and manage their assets as debtors in possession as authorized by sections 1107(a)

and 1108 of the Bankruptcy Code.

4. On December 5, 2011, pursuant to section 1102 of the Bankruptcy Code, the

Office of the United States Trustee for the Southern District of New York (the “U.S. Trustee”)

appointed a statutory committee of creditors [Docket No. 128] (the “Committee”). No trustee or

examiner has been appointed in these chapter 11 cases.

5. Additional information regarding the Debtors’ business, capital structure and

events leading up to the commencement of these chapter 11 cases is contained in the Affidavit of

Isabella D. Goren in Support of the Debtors’ Chapter 11 Petition and First Day Motions and

Pursuant to Local Rule 1007-2, filed on the Commencement Date [Docket No. 4].

Retention and Disinterestedness of McKinsey

6. The Debtors were authorized to employ McKinsey as management consultants

nunc pro tunc to December 12, 2011, (the “Final Retention Order”) [Docket No. 1553]. Upon

application and approval by this Court, the Final Retention Order authorizes the Debtors to (i)

compensate McKinsey at McKinsey’s standard amounts charged for services of this type in

accordance with the procedures set forth in sections 330 and 331 of the Bankruptcy Code, the

Bankruptcy Rules, the Local Rules, the Guidelines and such other procedures as were established

by the Interim Compensation Order and (ii) reimburse McKinsey for McKinsey’s actual and


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necessary out-of-pocket expenses incurred. A copy of the Retention Order is annexed hereto as

Exhibit B.

7. As set forth in the Declaration of Seth Goldstrom in Support of the Debtors’

Application to Retain and Employ McKinsey Recovery and Transformation Services U.S., LLC

McKinsey & Company, Inc. United States, and McKinsey & Company, Inc. Japan as

Management Consultants Nunc Pro Tunc as of December 12, 2011, dated January 10, 2012,

[Docket No. 581], the Supplemental Declaration of Seth Goldstrom in Support of Application of

the Debtors Pursuant to 11 U.S.C. § 327(a) and Fed. R. Bankr. P. 2014 for Authority to Retain

and Employ McKinsey Recovery & Transformation Services U.S., LLC, McKinsey & Company,

Inc. United States, and McKinsey & Company, Inc. Japan as Management Consultants Nunc Pro

Tunc To December 12, 2011, dated January 19, 2012 [Docket No. 697], and the Second

Supplemental Declaration of Seth Goldstrom in Support of the Debtors' Application to Retain

and Employ McKinsey Recovery & Transformation Services U.S., LLC, McKinsey & Company,

Inc. United States, and McKinsey & Company, Inc. Japan as Management Consultants Nunc Pro

Tunc as of December 12, 2011, dated February 27, 2012 [Docket No. 1468], McKinsey does not

hold or represent any interest adverse to the Debtors’ estates and is a disinterested person as that

term is defined in Bankruptcy Code section 101(14), as modified by Bankruptcy Code section

1107(b).

8. McKinsey performed, on behalf of the Debtors and their estates, the services for

which it seeks compensation, and not on behalf of any committee, creditor or other entity.

9. For services rendered in connection with these chapter 11 cases, McKinsey did

not receive any payments or promises of payment from any source other than the Debtors.


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10. McKinsey has not shared or agreed to share any of its compensation from the

Debtors with any other person, other than as permitted by section 504 of the Bankruptcy Code.

Summary of Professional Compensation and Reimbursement of Expenses Requested

11. By this Application, McKinsey requests an aggregate award for this Interim

Compensation Period of $2,461,738.501 for services rendered and $189,703.16 for

reimbursement of actual and necessary expenses, for a total request of $2,651,441.66. The fees

sought in this Application reflect an aggregate of 4,964.9 hours expended by McKinsey

professionals during the Interim Compensation Period rendering necessary and beneficial

services to the Debtors at a blended hourly rate of $499.07 (excluding paraprofessionals).

12. Pursuant to the Interim Compensation Order, McKinsey filed and served the Fee

Statements, requesting the payment of fees and reimbursement of expenses. As of the date of

filing of this Application, no objections to the Fee Statements have been filed. The Debtors paid

to McKinsey (less the Holdback) or have been billed by McKinsey the following fees and

expenses:

(a) Pursuant to the fee statement for the period December 12,2011 through December 31, 2011 (the “First Fee Statement”), McKinsey requested payment of $513,104.00 for fees for services rendered McKinsey has received payment in the amount of $410,483.20, representing 80% of the fees requested during the period.

(b) Pursuant to the fee statement for the period January 1, 2012 to January 31, 2012 (the “Second Fee Statement”), McKinsey requested payment of $1,328,662.35, representing $1,201,684.75 in fees for services rendered and $126,977.60 for expenses incurred. McKinsey anticipates2 receiving payment in the amount of $1,088,325.40, representing 80% of the fees requested ($961,347.80) and 100% of the expenses incurred ($126,977.60) during the period.

1 The total amount requested for services rendered by McKinsey includes the Holdback of $492,347.70.

2 At the time of the submission of this Application, the fees and expenses requested in the Second, Third and Fourth Fee Statements were not paid. McKinsey anticipates that the Debtors will remit payment of such fees and expenses, excluding the Holdback amount, prior to the hearing on this Application.


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(c) Pursuant to the fee statement for the period February 1, 2012 to February 29, 2012 (the “Third Fee Statement”), McKinsey requested payment of $500,234.25 for fees for services rendered. McKinsey anticipates receiving payment in the amount of $400,187.40, representing 80% of the fees requested during the period.

(d) Pursuant to the fee statement for the period March 1, 2012 to March 31, 2012 (the “Fourth Fee Statement”), McKinsey requested payment of $309,441.56, representing $246,716.00 in fees for services rendered and $62,725.56 for expenses incurred. McKinsey anticipates receiving payment in the amount of $260.098.36, representing 80% of the fees requested ($197,372.80) and 100% of the expenses incurred ($62,725.56) during the period.

13. In accordance with the Guidelines, annexed hereto as Exhibit C is a billing

summary for the Interim Compensation Period that includes the name of each professional for

whose work compensation is sought, each professional or paraprofessional’s position, the

aggregate time expended by each professional and the corresponding hourly billing rate at

McKinsey’s current billing rates and a summary of fees requested on an individual basis as part

of this Application.

14. Additionally, in accordance with the Guidelines, annexed hereto as Exhibit D is a

schedule specifying the categories of expenses for which McKinsey seeks reimbursement and the

total amount for each expense category.

15. In accordance with section (b)(4) of the UST Guidelines, annexed hereto as

Exhibit E is a summary of McKinsey’s time records for the Interim Compensation Period,

arranged by project categories or “task codes,” as described herein.

16. Exhibit F contains copies of McKinseys detailed fee and expense statements

which have previously been distributed as part of the monthly Fee Statements pursuant to the

Interim Compensation Order.


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17. During the Interim Compensation Period, McKinsey’s fees were billed in

accordance with its standard fee amounts. Such fees are reasonable and market-based and

consistent with McKinsey’s normal and customary billing levels for comparably sized and

complex cases, involving the services to be provided in these chapter 11 cases. McKinsey

believes that the compensation arrangement between it and the Debtors is comparable to those

charged by other professionals rendering similar services for clients such as the Debtors.

18. McKinsey’s rates are set at a level designed to compensate McKinsey fairly for

the work of its professionals and to cover fixed and routine overhead expenses. Hourly rates

vary with experience and seniority of the individuals assigned.

19. McKinsey regularly reviews its invoices to ensure that the Debtors are only billed

for actual and necessary services.

20. During the Interim Compensation Period, McKinsey made voluntary reductions

with respect to its fees and expenses in the total amount of $68,055.00. The write-offs were

attributed to the following: (i) Per agreement with the Debtors, Keith Williams, an Executive

Vice-President with considerable restructuring and bankruptcy-related experience, provided

$48,650.00 in restructuring advisory services at no cost to the Debtors in the First Monthly

Compensation Period; and (ii) McKinsey has discounted the services of Alison Proshan, a Senior

Vice-President and Associate General Counsel, for retention, compensation and other related

services provided to McKinsey in connection with the Debtors' bankruptcy cases by $100/hour.

Specifically, (i) the First Fee Statement included a voluntary waiver of fees for services rendered

in the amount of $55,210.00, (ii) the Second Fee Statement included a voluntary waiver of fees

for services rendered in the amount of $9,885.00, (iii) the Third Fee Statement included a

voluntary waiver of fees for services rendered in the amount of $1,380.00, and (iv) the Fourth


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Fee Statement included a voluntary waiver of fees for services rendered in the amount of

$1,580.00. McKinsey is not seeking compensation for such fees by this Application.

21. As discussed below, in accordance with the factors enumerated in Bankruptcy

Code section 330, the fees requested by McKinsey are fair and reasonable in light of: (a) the

complexity of these chapter 11 cases; (b) the nature and extent of the services rendered; (c) the

amount of time expended by McKinsey in providing such services to the Debtors; (d) the value

of such services; and (e) the costs of comparable services in cases under the Bankruptcy Code.

Summary of McKinsey’s Services During the Interim Compensation Period

22. During the Interim Compensation Period, McKinsey worked closely with the

Debtors’ management and other outside advisors to provide significant and critical professional

services to the Debtors in connection with these chapter 11 cases.

23. The following is a detailed summary, organized by task code, of the services

rendered by McKinsey during the Interim Compensation Period:

Task Code – Business Analysis Fees: $1,805,615; Hours: 3,635

24. During the Interim Compensation Period, McKinsey worked closely with

members of the Debtors’ senior management team as well as the Debtors’ other advisors to

evaluate the Debtors’ six-year business plan (the “Business Plan”). Work performed under the

Business Analysis task code includes, without limitation, the following:

• Numerous meetings with both McKinsey’s internal team and the Debtors’ management and other advisors regarding assumptions underlying the Business Plan and related models.

• Extensive diligence and analysis regarding assumptions underlying the Business Plan, including assumptions relating to revenue, costs, fleet and traffic forecasting, and micro- and macro-economic conditions, among others.

• Several analyses of the Business Plan related to diligence requests.


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• Addressing external inquiries regarding the Business Plan and related industry and economic assumptions.

• Preparation of support materials and declaration testimony in support of the Business Plan and related initiatives, including, at the direction of the Debtors’ counsel, the Debtors’ labor strategy and treatment of collective bargaining agreements pursuant to section 1113 of the Bankruptcy Code.

Task Code – Creditor Interaction Fees: $311,884; Hours: 521

25. During the Interim Compensation Period, McKinsey responded to numerous

diligence requests from advisors to the Committee and various other creditor constituents and

participated in a number of related meetings and teleconferences in connection with the Business

Plan and various cash management issues.

Task Code – Cash Management Fees: $14,700; Hours: 21

26. During the Interim Compensation Period, McKinsey worked closely with the

Debtors to analyze and refine the Debtors’ cash forecasting and reporting methodologies and

build a 13-week cash flow model.

Task Code – Application to Employ Fees: $109,353; Hours: 223.2

27. During the Interim Compensation Period, McKinsey prepared employment and

fee applications, supplemental disclosures and other documents related to McKinsey’s retention.

In addition, McKinsey professionals performed all necessary conflicts reviews relating to

McKinsey’s retention and coordinated with the U.S. Trustee with respect to comments to

McKinsey’s proposed retention application.

Task Code – Administrative Fees: $36,028; Hours: 103.3


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28. Administrative time reflects time spent preparing monthly fee statements in

compliance with all requirements under the Bankruptcy Code, the Bankruptcy Rules, the Local

Bankruptcy Rules and U.S. Trustee Guidelines.

Task Code – Non-Working Travel Fees: 252,214; Hours: 461

29. Non-working travel time reflects time spent by McKinsey professionals traveling

on behalf of the Debtors during which no billable work is performed. Non-working travel is

billed at fifty percent.

Reasonable and Necessary Services Provided by McKinsey

30. The foregoing professional services performed by McKinsey during the Interim

Compensation Period were necessary and appropriate for the administration of the Debtors’

chapter 11 cases. Additionally, McKinsey’s services were performed expeditiously and

efficiently, and were in the best interests of the Debtors, their estates and other parties in interest.

The requested compensation for the foregoing services is commensurate with the complexity,

importance and time-sensitive nature of the problems, issues and tasks involved.

31. In order to provide the Debtors with the level of service required for a bankruptcy

case of this size and complexity, and to provide the level of skill and expertise required for the

sophisticated issues presented in these cases, McKinsey draws on the experience of consultants

and experts with a wide degree of tenure and across multiple geographic locations. McKinsey

brings to these cases unparalleled airline industry experience and deep restructuring expertise

that inures to the benefit of the Debtors and all parties in interest.

32. During the Interim Compensation Period, McKinsey billed the Debtors for time

expended by professionals based (i) on hourly rates ranging from $100 to $950 per hour and (ii)

a blended hourly billing rate of approximately $499.07 (based on 4,924.6 recorded hours,


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excluding paraprofessionals). As stated above, annexed hereto as Exhibit C, is a list of each

McKinsey professionals and paraprofessionals who performed services for the Debtors during

the Interim Compensation Period, such individual’s hourly billing rate and the aggregate number

of hours billed by such individual.

Actual and Necessary Expenses of McKinsey

33. As detailed in Exhibit D, attached hereto, McKinsey seeks reimbursement of

$189,703.16 in expenses incurred during the Interim Compensation Period. This sum includes,

among other things, travel expenses, working meals, discount-rate lodging and rental cars and

ground transportation. All expenses are charged at the actual costs of these services without

markup.

34. McKinsey has made every effort to minimize its disbursements in this case. The

actual expenses incurred in providing professional services were necessary, reasonable and

justified under the circumstances to serve the needs of the Debtors, their estates and all parties in

interest.

The Requested Compensation Should Be Allowed

35. Bankruptcy Code section 331 provides for interim compensation of professionals

and incorporates the substantive standards of Bankruptcy Code section 330 to govern this

Court’s award of such compensation. 11 U.S.C. § 331. Bankruptcy Code section 330 provides

that a court may award a professional employed under Bankruptcy Code section 327 “reasonable

compensation for actual, necessary services rendered . . . and reimbursement for actual,

necessary expenses.” 11 U.S.C. § 330(a)(l)(A)-(B). Bankruptcy Code section 330 also sets forth

the criteria for awarding compensation and reimbursement:

In determining the amount of reasonable compensation to be awarded . . . the court shall consider the nature, the extent, and the


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value of such services, taking into account all relevant factors, including –

(A) the time spent on such services; (B) the rates charged for such services; (C) whether the services were necessary to the

administration of, or beneficial at the time at which the service was rendered toward the completion of, a case under this title;

(D) whether the services were performed within a

reasonable amount of time commensurate with the complexity, importance, and nature of the problem, issue, or task addressed;

(E) with respect to a professional person, whether

the person is board certified or otherwise has demonstrated skill and experience in the bankruptcy field; and

(F) whether the compensation is reasonable based

on the customary compensation charged by comparably skilled practitioners in cases other than cases under this title.

36. McKinsey respectfully submits that the professional services rendered and the

expenses incurred during the Interim Compensation Period were necessary for and beneficial to

the Debtors’ orderly administration of its estates and its restructuring efforts. McKinsey worked

diligently to anticipate and respond to the Debtors’ needs and assist in the Debtors’ navigation of

the chapter 11 process. Such services and expenditures were necessary for and in the best

interests of the Debtors’ estates and all parties in interest. McKinsey further submits that

allowance of the fees and expenses requested herein is reasonable in light of the nature, extent

and value of such services to the Debtors, its estates, and all parties in interest.

37. During the Interim Compensation Period, the professional services provided by

McKinsey were performed with speed and efficiency. Whenever possible, and particularly for

the more routine aspects of the case, McKinsey minimized the costs of its services to the Debtors

by utilizing lower cost professionals. Additionally, to minimize the costs of intra-McKinsey


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communication and education about the Debtors’ circumstances, a core group of the same

McKinsey professionals was utilized for the majority of the work in this case.

38. Consequently, the services rendered by McKinsey were (i) necessary and

beneficial to the Debtors’ estates and (ii) consistently performed in a timely manner

commensurate with the complexity, importance, and nature of the issues involved. Therefore,

approval of the compensation for professional services and reimbursement of expenses sought

herein is warranted.

Reservation

39. To the extent that any services rendered or expenses incurred during the Interim

Compensation Period were not processed prior to the preparation of this Application, or if for

any other reason McKinsey failed herein to seek allowance of compensation of such fees or

reimbursement of such expenses, McKinsey reserves the right in future applications to request

allowance of such fees or expenses.

Notice

40. Notice of this Application has been provided by facsimile, electronic mail

transmission, first class mail, overnight mail, and/or hand delivery to (i) the U.S. Trustee, (ii)

counsel to the Committee, and (iii) all parties requesting, as of the date hereof, notice pursuant to

Bankruptcy Rule 2002. The Debtors submit that no other or further notice need be provided.

No Previous Request

41. No previous request for the relief sought herein has been made by the Debtor to

this or any other court.


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Conclusion

WHEREFORE, McKinsey respectfully requests that this Court enter an order (i) allowing

interim compensation for professional services rendered by McKinsey during the Interim

Compensation Period in the amount of $2,461,738.50, including the Holdback of $492,347.70,

and reimbursement for actual and necessary expenses incurred by McKinsey during the Interim

Compensation Period in the amount of $189,703.16, (ii) directing the Debtors to pay promptly to

McKinsey the Holdback, and any other outstanding fees for services rendered and expenses

incurred during the Interim Compensation Period, consistent with the Interim Compensation

Order, and (iii) granting McKinsey such other and further relief as is just and proper.

Dated: May 15, 2012 Respectfully Submitted, New York, New York

/s/ Seth Goldstrom __________________ Seth Goldstrom, Practice Leader, Director and Authorized Signatory, respectively, on behalf of MCKINSEY RECOVERY&

TRANSFORMATION SERVICES U.S., LLC, MCKINSEY & COMPANY, INC. UNITED

STATES, AND MCKINSEY & COMPANY, INC. JAPAN 55 EAST 52ND STREET NEW YORK, NY 10055

Management Consultants for the Debtors and

Debtors in Possession


EXHIBIT A





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CERTIFICATION UNDER GUIDELINES FOR FEES AND DISBURSEMENTS FOR

PROFESSIONALS IN RESPECT OF APPLICATION OF MCKINSEY RECOVERY &

TRANSFORMATION SERVICES U.S., LLC, MCKINSEY & COMPANY,

INC. UNITED STATES, AND MCKINSEY & COMPANY, INC.

JAPAN FOR INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES

I, Seth Goldstrom, hereby certify that:

1. I am a Member of the Board of Directors and a Practice Leader with the applicant

firm, McKinsey Recovery & Transformation Services U.S., LLC (“McKinsey RTS”), and am an

employee (with the title “Director”) of McKinsey & Company, Inc. United States (“McKinsey

U.S.”) and have knowledge of and am an Authorized Signatory of, McKinsey & Company, Inc.

Japan. The applicant firms McKinsey RTS, McKinsey U.S. and McKinsey Japan shall

collectively be referred to herein as “McKinsey” for purposes of this Certification. I am

responsible for McKinsey’s compliance with the United States Trustee Guidelines for Reviewing

Applications for Compensation and Reimbursement of Expenses Filed Under 11 U.S.C. § 330

issued by the Executive Office for the United States Trustee (the “UST Guidelines”), General

Order M-389, Amended Guidelines for Fees and Disbursements for Professionals in Southern


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District of New York Bankruptcy Cases (the “Local Guidelines,” and together with the UST

Guidelines, the “Guidelines”) in connection with McKinsey’s representation of AMR

Corporation, American Airlines, Inc., AMR Eagle Holding Corporation, and certain of their

subsidiaries, as debtors and debtors in possession in the above-captioned chapter 11 cases.

2. I submit this certification with respect to the chapter 11 cases in compliance with

the Guidelines and this Court’s Second Amended Order Pursuant to Sections 105(a) and 331 of

the Bankruptcy Code and Bankruptcy Rule 2016(a) Establishing Procedures for Interim Monthly

Compensation and Reimbursement of Expenses of Professionals, dated March 8, 2012 (the

“Interim Compensation Order”) [Docket No. 1656].

3. In accordance with the Guidelines, this certification is made in respect of

McKinsey’s first application, dated May 15, 2012 (the “Application”),1 requesting interim

allowance of compensation for professional services performed by McKinsey for the period

commencing December 12, 2011 through and including March 31, 2012 (the “Interim

Compensation Period”) in the amount of $2,461,738.50, which includes amounts held back in

accordance with the Interim Compensation Order, and the reimbursement of actual and

necessary expenses in the amount of $189,703.16 incurred during the Interim Compensation

Period.

4. In accordance with section A.1 of the Local Guidelines, I certify that:

(a) I have read the Application;

(b) Upon information and belief formed after reasonable inquiry (including consultation with counsel and professionals working under my direction), the fees and disbursements sought in the Application fall within the Local Guidelines and the UST Guidelines;

1 Any capitalized terms used but not herein defined shall have the meaning ascribed to them in the Application.


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(c) The fees and disbursements sought in the Application are consistent with McKinsey's customary billing levels for comparably sized and complex cases and generally accepted by McKinsey’s clients; and

(d) In providing a reimbursable service, McKinsey does not make a profit on that service, whether the service is performed by McKinsey in-house or through a third party.

5. With respect to section A.2 of the Local Guidelines, as set forth in the

Application, during the Interim Compensation Period, McKinsey filed with this Court and served

upon the Debtors, the Committee and the U.S. Trustee McKinsey’s Fee Statements, which

contained, in connection with the Debtors’ chapter 11 case, (i) a list of professionals and

paraprofessionals providing services, (ii) their respective billing rates, (iii) the aggregate hours

spent by each professional and paraprofessional, (iv) a general description of services rendered,

(v) a reasonably detailed breakdown of the disbursements incurred, (vi) an explanation of

McKinsey’s billing practices, and (vii) copies of McKinsey’s computerized time records

detailing the services rendered and expenses incurred.

6. In respect of section A.3 of the Local Guidelines, I certify that the Debtors,

counsel for the Committee and the U.S. Trustee will each be provided, at least 14 days prior to

the scheduled hearing, a copy of the Application.

Dated: May 15, 2012 Respectfully Submitted, New York, New York

/s/ Seth Goldstrom __________________ Seth Goldstrom, Practice Leader, Director and Authorized Signatory


EXHIBIT B


US_ACTIVE:\43923445\04\14013.0139

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------x

: In re : Chapter 11 Case No.

: AMR CORPORATION, et al., : 11-15463 (SHL)

: Debtors. : (Jointly Administered)

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FINAL ORDER PURSUANT TO 11 U.S.C. § 327(a) AND FED. R. BANKR. P. 2014 AUTHORIZING THE EMPLOYMENT AND RETENTION OF MCKINSEY RECOVERY

& TRANSFORMATION SERVICES U.S., LLC, MCKINSEY & COMPANY, INC. UNITED STATES, AND MCKINSEY & COMPANY, INC. JAPAN AS THE DEBTORS’

MANAGEMENT CONSULTANTS NUNC PRO TUNC TO DECEMBER 12, 2011

Upon the Application, dated January 10, 2012 (the “Application”),1 of AMR

Corporation, American Airlines, Inc., AMR Eagle Holding Corporation, and certain of their

subsidiaries, as debtors and debtors in possession (collectively, the “Debtors”), for authority to

employ and retain McKinsey Recovery & Transformation Services U.S., LLC (“McKinsey

RTS”), McKinsey & Co., Inc. United States (“McKinsey U.S.”), and McKinsey & Company,

Inc. Japan, (“McKinsey Japan” and together with McKinsey RTS and McKinsey U.S.,

collectively, “McKinsey”) as their management consultants effective as of December 12, 2011,

pursuant to section 327(a) of title 11 of the United States Code (the “Bankruptcy Code”), Rules

2014(a) and 2016 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”), and

Rules 2014-1 and 2016-1 of the Local Bankruptcy Rules of the Southern District of New York

(the “Local Rules”); and upon the Declaration of Seth Goldstrom in support of the Application,

the Supplemental Declaration of Seth Goldstrom, and the Second Supplemental Declaration of

1 Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Application.



US_ACTIVE:\43923445\04\14013.0139 2

Seth Goldstrom (collectively, the “Goldstrom Declarations”); and the Court having found that

McKinsey is a “disinterested person” as defined in section 101(14) of the Bankruptcy Code and

does not hold or represent any interest adverse to the Debtors or their estates and otherwise meets

the standards for retention under the Bankruptcy Code; and the Court having found that the relief

granted herein is in the best interests of the Debtors’ estates, their creditors and other parties in

interest and that the Official Committee of Unsecured Creditors (the “Committee”) supports

entry of this Order; and due and proper notice of the Application having been provided, and it

appearing that no other or further notice need be provided; and a hearing having been held on

January 27, 2012 to consider the relief requested in the Application on an interim basis (the

“Interim Hearing”); and the Court having entered an Interim Order (ECF No. 1141) granting

the relief requested in the Application on an interim basis and scheduling the final hearing on the

Application for February 29, 2012 (the “Final Hearing”); and the Final Hearing having been

held on February 29, 2012; and upon the record of the Interim Hearing and the Final Hearing and

all of the proceedings had before the Court; and all objections to the Application having been

withdrawn, resolved, or overruled; and after due deliberation and sufficient cause appearing

therefor, it is

ORDERED that the Application is granted on a final basis as provided herein; and

it is further

ORDERED that the Debtors are authorized pursuant to section 327(a) of the

Bankruptcy Code, Bankruptcy Rules 2014(a) and 2016 and Local Rules 2014-1 and 2016-1 to

employ and retain McKinsey as their management consultants nunc pro tunc to December 12,

2011, in accordance with the terms and conditions set forth in the Engagement Letter annexed

hereto as Exhibit “1” as modified herein, including, without limitation, the Indemnification



US_ACTIVE:\43923445\04\14013.0139 3

Provisions as amended herein, and to pay fees and reimburse expenses to McKinsey on the terms

and at the times specified in the Engagement Letter; and it is further

ORDERED that the services provided by McKinsey and described in the

Application are approved and shall govern McKinsey's engagement except as expressly modified

herein, and the text of the Application describing the services is incorporated herein as follows:

(a) Phase I will consist of business plan support services. Professionals at McKinsey will work with members of the Debtors’ senior management team to evaluate the Debtors’ five-year business plan and associated models. McKinsey will conduct cataloguing of macroeconomic, competitive, and core business driver assumptions built into the Debtors’ existing business plan and business plan models. McKinsey professionals will also work with the Debtors to test assumptions built into the Debtors’ existing business plan by conducting key sensitivities on multiple scenarios concerning macroeconomic growth and competitor actions. McKinsey professionals shall also support evaluation of a range of strategic refinements and planned tactics with respect to the Debtors.

(b) Phase II will consist of business plan adaptation services. During this phase, McKinsey professionals will adapt the initial business plan to reflect evolving exogenous conditions (e.g, changes in competitive and economic climate).

(c) Phase III will consist of assisting the Debtors in third party business plan discussions. During this phase, McKinsey professionals will assist the Debtors in responding to inquiries from the Debtors’ key third-party constituents (e.g., representatives of the Committee, banks, suppliers, employee unions, and the Debtors’ other advisors and professionals) on specifics of the business plan.

In addition to the project team providing the business plan support set forth above

and in the Engagement Letter, an Executive Vice President will provide the following services to

the Debtors:

(a) Assist in obtaining and presenting information required by parties in interest in the Debtors’ bankruptcy process including any official committees appointed in the Debtors’ chapter 11 process and the Bankruptcy Court itself;



US_ACTIVE:\43923445\04\14013.0139 4

(b) Assist the Debtors in maintaining a 13-week cash receipts and disbursements forecasting tool designed to provide on-time information related to the Debtor’s liquidity;

(c) Assist the Debtors in developing an actual to forecast variance reporting mechanics, including written explanations of key differences;

(d) Assist with testimony, support and guidance in connection with the business plan and related issues;

(e) Assist with business planning; and

(f) Assist with the Debtors' restructuring and case strategy in the context of the business plan; and it is further

ORDERED that notwithstanding anything to the contrary in the Engagement

Letter, the Application or the Goldstrom Declarations, to the extent that the Debtors request

McKinsey to perform any services other than those detailed above, the Debtors shall seek further

application for an order of approval by the Court for a supplement to the retention and any

related modifications to the Engagement Letter and such application shall set forth, in addition to

the additional services to be performed, the additional fees sought to be paid; and it is further

ORDERED that McKinsey shall be compensated in accordance with the

applicable provisions of the Bankruptcy Code, the Bankruptcy Rules, the Local Rules, any

applicable orders of the Court, the Amended Order Pursuant to 11 U.S.C. §§ 105(a) and 331

Establishing Procedures for Interim Compensation and Reimbursement of Expenses of

Professionals (ECF No. 958), the Amended Guidelines for Fees and Disbursements for

Professionals in Southern District of New York Bankruptcy Cases M-389 (Nov. 25, 2009), and

the United States Trustee Guidelines (the “Fee Guidelines”); and it is further

ORDERED that McKinsey shall include in its fee applications, among other

things, time records setting forth, in summary format, a description of the services rendered by



US_ACTIVE:\43923445\04\14013.0139 5

each professional, and the amount of time spent on each date by each such individual in

rendering services on behalf of the Debtors in one-tenth (0.1) hour increments; and it is further

ORDERED, that McKinsey shall be reimbursed only for reasonable and

necessary expenses as provided by the Fee Guidelines; and it is further

ORDERED that McKinsey shall not be entitled to reimbursement by the Debtors

for any fees, disbursements, or other charges of McKinsey’s attorneys, other than those incurred

in connection with a request of McKinsey for payment of indemnity; and it is further

ORDERED that the Engagement Letter, including, without limitation, the

Indemnification Provisions, is incorporated herein by reference and approved in all respects on a

final basis except as otherwise set forth herein; and it is further

ORDERED that all requests by Indemnified Parties for the payment of

indemnification, contribution or otherwise as set forth in the Engagement Letter shall be made by

means of an application to the Court and shall be subject to review by the Court to ensure that

payment of such indemnity conforms to the terms of the Engagement Letter and is reasonable

under the circumstances of the litigation or settlement in respect of which indemnity is sought;

provided, however, that in no event shall any Indemnified Party be indemnified in the case of its

own bad faith, self-dealing, breach of fiduciary duty (if any), gross negligence, or willful

misconduct; and it is further

ORDERED that in no event shall Indemnified Parties be indemnified if the

Debtors or a representative of the estate, assert a claim for, and a court determines by final order

that such claim arose out of, McKinsey’s own bad faith, self-dealing, breach of fiduciary duty (if

any), gross negligence, or willful misconduct; and it is further



US_ACTIVE:\43923445\04\14013.0139 6

ORDERED that in the event an Indemnified Party seeks reimbursement from the

Debtors for attorneys’ fees and expenses in connection with the payment of an indemnity claim

pursuant to the Engagement Letter, the invoices and supporting time records from such attorneys

shall be included in McKinsey’s own applications, both interim and final, and such invoices and

time records shall be subject to the Fee Guidelines and the approval of the Bankruptcy Court

pursuant to sections 330 and 331 of the Bankruptcy Code without regard to whether such

attorneys have been retained under section 327 of the Bankruptcy Code and without regard to

whether such attorneys’ services satisfy section 330(a)(3)(C) of the Bankruptcy Code; and it is

further

ORDERED that McKinsey shall provide ten (10) business days’ notice to the

Debtors, the United States Trustee for the Southern District of New York, and any statutory

committee appointed in these chapter 11 cases in connection with any increase of the hourly

rates listed in the Goldstrom Declarations or the Application.

ORDERED that (i) the last sentence in section 2 and (ii) the fourth sentence

through the end of the paragraph in section 3 of the Engagement Letter are hereby stricken; and

it is further

ORDERED that to the extent that there may be any inconsistency between the

terms of the Application, the Goldstrom Declarations, the Engagement Letter and this Order, the

terms of this Order shall govern; and it is further

ORDERED that McKinsey shall use its best efforts to avoid any duplication of

services provided by any of the Debtors’ other retained professionals in these chapter 11 cases;



US_ACTIVE:\43923445\04\14013.0139 7

ORDERED that the Debtors are authorized to take all actions necessary to

effectuate the relief granted pursuant to this Order in accordance with the Application; and it is

further

ORDERED that the relief granted herein shall be binding upon any chapter 11

trustee appointed in any of these chapter 11 cases, or upon any chapter 7 trustee appointed in the

event of a subsequent conversion of any of these chapter 11 cases to cases under chapter 7; and it

is further

ORDERED that this Order shall be immediately effective and enforceable upon

its entry; and it is further

ORDERED this Court retains jurisdiction with respect to all matters arising from

or related to the implementation of this Order.

Dated: New York, New York March 2, 2012

/s/ Sean H. Lane United States Bankruptcy Judge



EXHIBIT 1

11-15463-shl Doc 1553-1 Filed 03/02/12 Entered 03/02/12 13:39:23 Exhibit 1 Pg 1 of 15
































EXHIBIT C


PROFESSIONAL SERVICES RENDERED BY

MCKINSEY RECOVERY & TRANSFORMATION SERVICES U.S., LLC, MCKINSEY

& COMPANY, INC. UNITED STATES, AND MCKINSEY

& COMPANY, INC. JAPAN ON BEHALF OF THE DEBTORS FOR THE PERIOD

DECEMBER, 2011 THROUGH MARCH 31, 2012

The total professionals fees reflect a discount of $68,055.00 in fees that were voluntarily written off by McKinsey during the period. The write-offs were attributed to the following: (i) Per agreement with the Debtors, Keith Williams, an Executive Vice-President with considerable restructuring and bankruptcy-related experience, provided $48,650.00 in restructuring advisory services at no cost to the Debtors in the December Monthly Compensation Period; and (ii) McKinsey has discounted the services of Alison Proshan, a Senior Vice-President, providing retention, compensation and other related services to McKinsey in connection with the Debtors’ bankruptcy cases by $100/hour.

Professional Title Rate Hours Amount

Alex Dichter Practice Leader 950$ 74.7 70,917.50$

Seth Goldstrom Practice Leader 895$ 230.1 205,939.50$

Evan Van Metre Practice Leader 895$ 96.9 86,680.75$

Keith Williams Executive Vice President 700$ 255.7 178,990.00$

Kevin Carmody Executive Vice President 700$ 32.2 22,540.00$

Joe Schottland Executive Vice President 715$ 636.2 454,847.25$

David Dorton Executive Vice President 650$ 83.5 54,275.00$

David Ebenstein Senior Vice President 550$ 437.8 240,790.00$

Alison Proshan Senior Vice President 550$ 194.1 106,727.50$

Abhi Bhatnagar Senior Vice President 525$ 39.0 20,448.75$

Seth Walton Manager 500$ 787.6 393,775.00$

Andrea Alexander Senior Associate 450$ 270.5 121,725.00$

Aditya Bhatia Senior Associate 415$ 361.4 149,981.00$

Naveen Jayasundaram Associate 325$ 597.1 194,041.25$

William Kersh Associate 300$ 332.9 99,855.00$

Ryan Froelich Associate 300$ 76.6 22,980.00$

John Fisher Analyst 250$ 196.9 49,225.00$

Connor Morrison Analyst 250$ 153.3 38,325.00$

Guenter Fuchs Research Analyst 200$ 34.5 6,900.00$

Jason Holt Research Analyst 200$ 25.0 5,000.00$

Gerald Powell Research Analyst 200$ 2.0 400.00$

Kavita Suri Research Analyst 200$ 1.5 300.00$

Mauricio Fait Research Analyst 200$ 2.5 500.00$

Monica Cruz Research Analyst 200$ 3.0 600.00$

Amber Unkraut Paraprofessional 100$ 40.3 4,030.00$

Total Hours 4,964.9 2,529,793.50$

Less:

Professional fees not charged 48,650.00$

Proshan discounted rate ($450) 19,405.00$

Total Professional Fees 2,461,738.50$

Blended Rate 499.07$


2

EXHIBIT D


Category Amount

Air Travel 112,690.28$

Room Rate (May Include Tax) 39,750.71$

Meals 12,964.02$

Rental Car 12,354.37$

Taxi 9,503.46$

Parking 1,078.88$

Telecom 470.27$

Mileage : Personal Car 400.71$

Fuel 219.32$

Other 271.14$

Total Expenses 189,703.16$

ACTUAL AND NECESSARY EXPENSES INCURRED

MCKINSEY RECOVERY & TRANSFORMATION SERVICES U.S., LLC, MCKINSEY

& COMPANY, INC. UNITED STATES, AND MCKINSEY


DECEMBER 12, 2011 THROUGH MARCH 31, 2012


EXHIBIT E


Task Hours Amount

Business Analysis 3,635.2 1,805,615.00$

Creditor Interaction 521.1 311,884.00$

Travel 461.2 252,214.00$

Administrative 103.3 36,027.50$

Application to Employ 223.2 109,353.00$

Cash Management 21.0 14,700.00$

Total Hours 4,964.9 2,529,793.50$

SUMMARY OF SERVICES RENDERED, TASK CODE,

BY MCKINSEY RECOVERY & TRANSFORMATION SERVICES U.S., LLC,

MCKINSEY & COMPANY, INC. UNITED STATES, AND MCKINSEY


DECEMBER 12, 2011 THROUGH MARCH 31, 2012


EXHIBIT F

US1 32406174.1

11-15463-shl Doc 2757-1 Filed 05/15/12 Entered 05/15/12 13:36:47 Exhibit F Pg 1 of 111





































AMR Corporation, et al.Case hours, January 1, 2012 to January 31, 2012Travel time at 50%

Name Date Task Code Description Time AmountSeth Goldstrom 1/2/2012 Business Analysis Reviewing draft Jan 18 presentation materials 0.3 $ 268.50 Evan Van Metre 1/2/2012 Business Analysis Update call with S. Walton (McK) re: revenue plan 0.3 $ 268.50 Joe Schottland 1/2/2012 Business Analysis Update call with S. Walton (McK) on revenue model status and priorities for week 0.3 $ 214.50 David Ebenstein 1/2/2012 Business Analysis Review fare analysis by segment, provide comments 1.2 $ 660.00 David Ebenstein 1/2/2012 Business Analysis Call with S. Walton (McK) and C. Morrison (McK) on traffic forecast approaches and issues

with SPD analysis0.9 $ 495.00

David Ebenstein 1/2/2012 Business Analysis Follow up call with McK team on fare forecast approach 0.3 $ 165.00 Seth Walton 1/2/2012 Business Analysis Revision of SPD segmentation analysis based on improved QSI data 1.8 $ 900.00 Seth Walton 1/2/2012 Business Analysis Incorporate network plan analysis into fare forecast model 1.6 $ 800.00 Seth Walton 1/2/2012 Business Analysis Call with D. Ebenstein (McK) and C. Morrison (McK) on traffic forecast approaches and issues


Seth Walton 1/2/2012 Business Analysis Draft email to team on priorities for week 0.6 $ 300.00 Seth Walton 1/2/2012 Business Analysis Review and comment on Jan 18 deck outline 0.5 $ 250.00 Seth Walton 1/2/2012 Business Analysis Call with N. Jayasundaram (McK) on progress of network plan analysis 0.4 $ 200.00 Seth Walton 1/2/2012 Business Analysis Follow up call with D. Ebenstein (McK) on fare forecast approach 0.3 $ 150.00 Seth Walton 1/2/2012 Business Analysis Update call with J. Schottland (McK) on revenue model status and priorities for week 0.3 $ 150.00

Seth Walton 1/2/2012 Business Analysis Update call with E. Van Metre (McK) re revenue plan 0.3 $ 150.00 Naveen Jayasundaram 1/2/2012 Business Analysis Call with S. Walton (McK) on progress of network plan analysis 0.4 $ 130.00 Connor Morrison 1/2/2012 Business Analysis Revise dataset for model 2.0 $ 500.00 Connor Morrison 1/2/2012 Business Analysis Add new OA revenue data to model 1.8 $ 450.00 Connor Morrison 1/2/2012 Business Analysis Revise revenue data for analysis 1.7 $ 425.00 Connor Morrison 1/2/2012 Business Analysis Add external QSI data to model for analysis 1.1 $ 275.00 Connor Morrison 1/2/2012 Business Analysis Call with D. Ebenstein (McK) and S. Walton (McK) on traffic forecast approaches and issues


Seth Goldstrom 1/3/2012 Business Analysis Meeting with D. Ebenstein (McK) and S. Walton (McK) to review business plan model 2.0 $ 1,790.00

Seth Goldstrom 1/3/2012 Business Analysis Meeting with Rothschild to discuss business plan 1.7 $ 1,521.50 Seth Goldstrom 1/3/2012 Business Analysis Meeting with McK team (D. Ebenstein, S. Walton) to discuss Jan 18 document and revenue

forecasting1.0 $ 895.00

Alex Dichter 1/3/2012 Business Analysis Meeting with AMR and Mesirow & Moelis re: McKinsey business plan project 0.7 $ 665.00 Joe Schottland 1/3/2012 Business Analysis Develop draft outline of week deliverables and work stream ownership 2.5 $ 1,787.50 Joe Schottland 1/3/2012 Business Analysis Draft outline of revenue side of Monday presentation 2.1 $ 1,501.50 Joe Schottland 1/3/2012 Business Analysis Meeting with D. Ebenstein (McK), S Goldstom (Mck) and S. Walton (McK) to review business

plan model2.0 $ 1,430.00

Joe Schottland 1/3/2012 Business Analysis Client meeting with C. Schubert (AMR) 1.5 $ 1,072.50 Joe Schottland 1/3/2012 Business Analysis Develop new layer analysis requirements 1.5 $ 1,072.50 Joe Schottland 1/3/2012 Business Analysis Draft version of revenue materials for Monday presentation 1.2 $ 858.00 Joe Schottland 1/3/2012 Business Analysis Review of client network strategy 1.1 $ 786.50 Joe Schottland 1/3/2012 Business Analysis Client meeting with C. Irving (AMR) 1.0 $ 715.00 Joe Schottland 1/3/2012 Business Analysis Meeting with D. Ebenstein (McK), S. Walton (McK) and C. Morrison (McK) on current work

stream assignments and most important analyses to complete0.6 $ 429.00

David Ebenstein 1/3/2012 Business Analysis Review and revise QSI analysis 2.3 $ 1,265.00 David Ebenstein 1/3/2012 Business Analysis Internal meeting with S. Goldstrom (Mck), J. Schottland (McK) and S. Walton (McK) on

preparation for Jan-18 presentation and review of business model2.0 $ 1,100.00

David Ebenstein 1/3/2012 Business Analysis Review cost benchmarking analysis (international carriers), provide comments 1.6 $ 880.00 David Ebenstein 1/3/2012 Business Analysis Meeting with Rothschild on forecast model progress 1.4 $ 770.00 David Ebenstein 1/3/2012 Business Analysis Refinement of AMR benchmarking analysis and additional benchmarks to test 1.3 $ 715.00 David Ebenstein 1/3/2012 Business Analysis Working session on SPD results, methodology and implications for revenue forecast with

McKinsey team ( T. Fagan, S. Walton , J. Schottland)1.0 $ 550.00

David Ebenstein 1/3/2012 Business Analysis Meeting with Rothschild on strategic analysis 1.0 $ 550.00 David Ebenstein 1/3/2012 Business Analysis Meeting with S. Walton (McK), C. Morrison (McK), and J. Schottland (McK) on current work

stream assignments and most important analyses to complete0.6 $ 330.00

Seth Walton 1/3/2012 Business Analysis Internal meeting with S. Goldstrom (Mck), J. Schottland (McK) and D. Ebenstein (McK) on preparation for Jan-18 presentation and review of business model

2.0 $ 1,000.00

Seth Walton 1/3/2012 Business Analysis Convert outline of Jan 18 deck into presentation 1.1 $ 550.00 Seth Walton 1/3/2012 Business Analysis Summarize newest SPD data for problem-solving session 1.0 $ 500.00 Seth Walton 1/3/2012 Business Analysis Problem solving session ( T. Fagan, D. Ebenstein, J. Schottland, McK team) on Jan 18 deck, SPD

analysis, and forecasting methodology1.0 $ 500.00

Seth Walton 1/3/2012 Business Analysis Problem solving with S. Goldstrom (McK) and D. Ebenstein (McK) on forecast model vs SPD approach

1.0 $ 500.00

Seth Walton 1/3/2012 Business Analysis Meeting with J. Fisher (McK) on "business vs leisure" metrics to add to SPD analysis 0.8 $ 400.00 Seth Walton 1/3/2012 Business Analysis Meeting with D. Ebenstein (McK), C. Morrison (McK), and J. Schottland (McK) on services and

timeline0.6 $ 300.00

Seth Walton 1/3/2012 Business Analysis Assemble presentation for model review meeting with Rothschild 0.6 $ 300.00 Seth Walton 1/3/2012 Business Analysis Build out draft version of January 18 presentation 0.6 $ 300.00 Seth Walton 1/3/2012 Business Analysis Meeting with C. Morrison (McK) on analysis required for new SPD definitions 0.5 $ 250.00 Seth Walton 1/3/2012 Business Analysis Follow up meeting with J. Fisher (McK) on "business vs leisure" analytics 0.3 $ 150.00 Andrea Alexander 1/3/2012 Business Analysis Pressure test model and quality check outputs. 2.7 $ 1,215.00 Andrea Alexander 1/3/2012 Business Analysis Input traffic forecast variables in model 2.6 $ 1,170.00 Andrea Alexander 1/3/2012 Business Analysis Revenue model problem solving discussion and review of next steps with N. Jayasundaram

(McK)1.8 $ 810.00

Andrea Alexander 1/3/2012 Business Analysis Authored template of network forecast for cost model 1.4 630.00$

1 of 42




Name Date Task Code Description Time AmountAndrea Alexander 1/3/2012 Business Analysis Discuss progress of the future traffic with N. Jayasundaram (McK) to ensure the format will fit

in the model1.3 585.00$

Aditya Bhatia 1/3/2012 Business Analysis Planning for meeting to discuss cost estimation for new aircraft types 2.3 954.50$ Aditya Bhatia 1/3/2012 Business Analysis Building structural links between network plan and cost model 1.9 788.50$ Aditya Bhatia 1/3/2012 Business Analysis Updating cost model architecture 1.7 705.50$ Aditya Bhatia 1/3/2012 Business Analysis Exploring network plan output structure 1.6 664.00$ Aditya Bhatia 1/3/2012 Business Analysis Revise links between labor cost categorization in operating cost database vs. business plan

financial model1.4 581.00$

Aditya Bhatia 1/3/2012 Business Analysis Meeting w R. Solomon (AMR) to discuss cost projections 0.5 207.50$ Aditya Bhatia 1/3/2012 Business Analysis Meeting w H. Silva (AMR) to discuss costs for new aircraft types 0.3 124.50$ Naveen Jayasundaram 1/3/2012 Business Analysis Created presentation on open issues in revenue model and proposed alternatives for each 2.0 650.00$

Naveen Jayasundaram 1/3/2012 Business Analysis Revenue model problem solving discussion and review of next steps with A. Alexander (McK) 1.8 585.00$

Naveen Jayasundaram 1/3/2012 Business Analysis Incorporate AMR traffic by cell into overall revenue model with A. Alexander (McK) 1.3 422.50$ Naveen Jayasundaram 1/3/2012 Business Analysis Reconcile model with qualitative guidance 1.3 422.50$ William Kersh 1/3/2012 Business Analysis Prepare domestic/regional/foreign carrier analysis 2.2 660.00$ William Kersh 1/3/2012 Business Analysis Prepare Excel analysis of regional carrier 1.9 570.00$ William Kersh 1/3/2012 Business Analysis Stage Length adjustment methodology analysis 1.8 540.00$ William Kersh 1/3/2012 Business Analysis Prepare Excel analysis of domestic competitors 1.5 450.00$ William Kersh 1/3/2012 Business Analysis Prepare Excel analysis of foreign carriers 1.5 450.00$ John Fisher 1/3/2012 Business Analysis Input seat density adjusted inputs into model 2.6 650.00$ John Fisher 1/3/2012 Business Analysis Analyze OD by premium / leisure mix based on external database sample of legacy network

carriers2.5 625.00$

John Fisher 1/3/2012 Business Analysis Adjustments to industry capacity model to better capture details of seat retirements by region

2.4 600.00$

John Fisher 1/3/2012 Business Analysis Meeting with S. Walton (McK) on "business vs leisure" metrics to add to SPD analysis 0.8 200.00$ John Fisher 1/3/2012 Business Analysis Follow up meeting with S. Walton (McK) on "business vs leisure" analytics 0.3 75.00$ Connor Morrison 1/3/2012 Business Analysis Design of revised SPD architecture 1.8 450.00$ Connor Morrison 1/3/2012 Business Analysis Validation of revised SPD definition 1.7 425.00$

Connor Morrison 1/3/2012 Business Analysis Analyses to determine appropriate metrics for SPD analysis 1.3 325.00$

Connor Morrison 1/3/2012 Business Analysis Analysis of industry fares at each level of the revised SPD metric 1.3 325.00$ Connor Morrison 1/3/2012 Business Analysis Regression analysis of potential variables 1.0 250.00$ Connor Morrison 1/3/2012 Business Analysis Problem solving session with McKinsey team re: revenue model and weekly tasks 0.6 150.00$ Connor Morrison 1/3/2012 Business Analysis Meeting with S. Walton (McK) on analysis required for new SPD definitions 0.5 125.00$ Seth Goldstrom 1/4/2012 Business Analysis Meeting with J. Schottland (McK), E. Van Metre (McK), S. Walton (McK), D. Ebenstein (McK)

on Jan 18 presentation analyses1.5 1,342.50$

Seth Goldstrom 1/4/2012 Business Analysis Meeting with J. Schottland (McK), E. Van Metre (McK), S. Walton (McK), D. Ebenstein (McK) on Revenue analysis

1.5 1,342.50$

Seth Goldstrom 1/4/2012 Business Analysis Meeting with E. Van Metre (McK) and J. Schottland (McK) on cost plan and initiativies 1.0 895.00$ Seth Goldstrom 1/4/2012 Business Analysis Call with J. Schottland (McK) on plan 0.3 268.50$ Seth Goldstrom 1/4/2012 Business Analysis Call with E. Van Metre (McK)on plan 0.3 268.50$ Evan Van Metre 1/4/2012 Business Analysis Discussion with J. Schottlnd (Mck), S. Goldstrom (McK), S. Walton (McK), D. Ebenstein (McK)

on Revenue and cost model and benchmarking3.0 2,685.00$

Evan Van Metre 1/4/2012 Business Analysis Detailed discussion on Revenue Projections (J. Schottland (McK), S. Walton (McK), D. Ebenstein (McK))

1.5 1,342.50$

Evan Van Metre 1/4/2012 Business Analysis Business Model initial output review 1.5 1,342.50$ Evan Van Metre 1/4/2012 Business Analysis Review of additional cost savings 1.1 984.50$ Evan Van Metre 1/4/2012 Business Analysis Meeting with S. Goldstrom (McK) and J. Schottland (McK) on cost plan and initiativies 1.0 895.00$ Evan Van Metre 1/4/2012 Business Analysis Call with S. Goldstrom (McK)on plan 0.3 268.50$ Joe Schottland 1/4/2012 Business Analysis Review 1st draft outputs from rev model 1.8 1,287.00$ Joe Schottland 1/4/2012 Business Analysis Revise draft of 1/9 materials 1.7 1,215.50$ Joe Schottland 1/4/2012 Business Analysis Meeting with S. Goldstrom (McK), E. Van Metre (McK), S. Walton (McK), D. Ebenstein (McK)

on Jan 18presentation analyses1.5 1,072.50$

Joe Schottland 1/4/2012 Business Analysis Meeting with E. Van Metre (McK), S. Walton (McK), D. Ebenstein (McK) on Revenue analysis 1.5 1,072.50$

Joe Schottland 1/4/2012 Business Analysis Team problem-solving with S. Goldstrom (McK), E. Van Metre (McK), S. Walton (McK), D. Ebenstein (McK) on approach to benchmarking and follow-up analysis

1.5 1,072.50$

Joe Schottland 1/4/2012 Business Analysis Meeting with E. Van Metre (McK) and S. Goldstrom (Mck) on cost plan and initiativies 1.0 715.00$ Joe Schottland 1/4/2012 Business Analysis Problem-solving discussion with N. Jayasundaram (McK) on Traffic forecast 0.6 429.00$ Joe Schottland 1/4/2012 Business Analysis Conf call with S. Goldstrom (McK) on plan 0.3 214.50$ David Ebenstein 1/4/2012 Business Analysis Team problem-solving with McKinsey team on approach to benchmarking and follow-up

analysis3.0 1,650.00$

David Ebenstein 1/4/2012 Business Analysis Develop first draft outline of revenue presentation for Jan 9 2.1 1,155.00$ David Ebenstein 1/4/2012 Business Analysis Revise draft revenue presentation for Jan 9 1.3 715.00$ David Ebenstein 1/4/2012 Business Analysis Review and comment on modeling results 1.1 605.00$ David Ebenstein 1/4/2012 Business Analysis Review updated SPD analysis, draft presentation page describing results 0.7 385.00$ David Ebenstein 1/4/2012 Business Analysis Develop outline of level 3 cost benchmarks to address 0.6 330.00$ Seth Walton 1/4/2012 Business Analysis Team problem-solving (J. Schottland (McK), S. Goldstrom (McK), D. Ebenstein (McK), E. Van

Metre (McK) on approach to benchmarking and follow-up analysis3.0 1,500.00$

Seth Walton 1/4/2012 Business Analysis Assemble notes from benchmarking problem-solving meeting, update with team (C. Morrison (McK), J. Fisher (McK), W. Kersh (McK) and re-send to team

1.8 900.00$

2 of 42




Name Date Task Code Description Time AmountSeth Walton 1/4/2012 Business Analysis Re-cut previous industry-wide SPD analysis 1.6 800.00$ Seth Walton 1/4/2012 Business Analysis Follow up meeting with A. Alexander (McK) on goals for revenue model completion, how to

incorporate fare analysis, etc.1.5 750.00$

Seth Walton 1/4/2012 Business Analysis Review draft version of January 18 presentation (Goldstrom (McK), Schottland (McK), Ebenstein (McK), Van Metre (McK)

1.5 750.00$

Seth Walton 1/4/2012 Business Analysis Problem solving with J. Fisher (McK), A. Alexander (McK) and N. Jayasunaram (McK) regarding impact of change in capacity on change in fares

0.8 400.00$

Seth Walton 1/4/2012 Business Analysis Meet with P. Quayle (AMR) and network team on appropriate seasonality factors for draft network plan

0.8 400.00$

Seth Walton 1/4/2012 Business Analysis Meet with C. Irvin (AMR) and R. Solomon (AMR) to determine how best to update revenue plan with new network plan

0.6 300.00$

Seth Walton 1/4/2012 Business Analysis Revise draft version of January 18 presentation 0.5 250.00$ Andrea Alexander 1/4/2012 Business Analysis Revise revenue model 2.8 1,260.00$ Andrea Alexander 1/4/2012 Business Analysis Update revenue model with additional data 2.3 1,035.00$ Andrea Alexander 1/4/2012 Business Analysis Revise revenue model forecast 2.1 945.00$ Andrea Alexander 1/4/2012 Business Analysis Enter updated 2011 passenger data into the revenue model 1.9 855.00$ Andrea Alexander 1/4/2012 Business Analysis Problem solving session with S. Walton (McK) regarding revenue model forecast 1.5 675.00$ Andrea Alexander 1/4/2012 Business Analysis Forecast fares in the model 1.3 585.00$ Andrea Alexander 1/4/2012 Business Analysis Problem solving with J. Fisher (McK), S. Walton (McK) and N. Jayasunaram (McK) regarding

impact of change in capacity on change in fares0.8 360.00$

Andrea Alexander 1/4/2012 Business Analysis Discussion with M. Postalwait (AMR) regarding data reconciliation 0.6 270.00$ Andrea Alexander 1/4/2012 Business Analysis Update model to output graphs 0.6 270.00$ Andrea Alexander 1/4/2012 Business Analysis Revise 2012 growth rates. 0.4 180.00$ Andrea Alexander 1/4/2012 Business Analysis Discussion with C. Morrison (McK) regarding variable inputs to fare forecast. 0.4 180.00$ Andrea Alexander 1/4/2012 Business Analysis Problem solving AA network plan metrics with A. Bhatia (McK) and J. Fisher (McK) 0.3 135.00$ Andrea Alexander 1/4/2012 Business Analysis Discussion with N. Jayasundaram (McK) re: network plan 0.2 90.00$ Andrea Alexander 1/4/2012 Business Analysis Discussion with N. Jayasundaram (McK) to review the current open items for the model

variables0.2 90.00$

Aditya Bhatia 1/4/2012 Business Analysis Import new network plan data into cost model 1.8 747.00$ Aditya Bhatia 1/4/2012 Business Analysis Evaluate certain areas of network plan; prepare notes for discussion w P. Quayle (AMR) and

network team1.8 747.00$

Aditya Bhatia 1/4/2012 Business Analysis Evaluate fleet replacement impact - fuel consumption efficiency 1.6 664.00$ Aditya Bhatia 1/4/2012 Business Analysis Annualize ASMs, seats, ramp hours and departures for 2011-2017 1.5 622.50$ Aditya Bhatia 1/4/2012 Business Analysis Update cost drivers based on new data in network plan 1.5 622.50$ Aditya Bhatia 1/4/2012 Business Analysis Evaluate business plan cost savings assumptions - MX and other labor 1.4 581.00$ Aditya Bhatia 1/4/2012 Business Analysis Evaluate fleet replacement impact - materials and repairs costs 1.3 539.50$ Aditya Bhatia 1/4/2012 Business Analysis Evaluate business plan cost savings labor assumptions 1.0 415.00$ Aditya Bhatia 1/4/2012 Business Analysis Evaluate business plan cost savings assumptions 0.8 332.00$ Aditya Bhatia 1/4/2012 Business Analysis Apply adjustments for seasonality and cancellations 0.5 207.50$ Aditya Bhatia 1/4/2012 Business Analysis Problem solving AA network plan metrics with A. Alexander (McK) and J. Fisher (McK) 0.3 124.50$

Aditya Bhatia 1/4/2012 Business Analysis Meeting w R. Solomon (AMR) to discuss business plan cost savings assumption sources in business plan financial model

0.3 124.50$

Aditya Bhatia 1/4/2012 Business Analysis Evaluate fleet replacement impact - landing fees 0.3 124.50$ Naveen Jayasundaram 1/4/2012 Business Analysis Revenue forecast - Develop and implement methodology for building city_geo combinations

for traffic forecasts2.0 650.00$

Naveen Jayasundaram 1/4/2012 Business Analysis Revenue forecast - Update cross-geography GDP based on new flow weights 1.9 617.50$ Naveen Jayasundaram 1/4/2012 Business Analysis Revenue forecast - Review traffic flows against regional GDP sizes and industry research 1.8 585.00$

Naveen Jayasundaram 1/4/2012 Business Analysis Revenue forecast - Build traffic matrix by scaling up or down variables 1.5 487.50$ Naveen Jayasundaram 1/4/2012 Business Analysis Revenue forecast - Move from client database to industry database for traffic inflow-outflow 1.5 487.50$

Naveen Jayasundaram 1/4/2012 Business Analysis Revenue forecast - Review methodology for building city_geo combinations and revise results 1.3 422.50$

Naveen Jayasundaram 1/4/2012 Business Analysis Problem solving with J. Fisher (McK), S. Walton (McK) and A. Alexander(McK) regarding impact of change in capacity on change in fares

0.8 260.00$

Naveen Jayasundaram 1/4/2012 Business Analysis Problem-solving discussion with J. Schottland (McK) on Traffic forecast 0.6 195.00$ Naveen Jayasundaram 1/4/2012 Business Analysis Problem-solving discussion with A. Alexander (McK) on model forecast 0.4 130.00$ Naveen Jayasundaram 1/4/2012 Business Analysis Growth rate discussion with A. Alexander (McK) and discuss open items 0.4 130.00$ William Kersh 1/4/2012 Business Analysis Analyze difference between above- and below-wing costs for competitors 2.4 720.00$ William Kersh 1/4/2012 Business Analysis Prepare analysis of labor cost components 1.9 570.00$ William Kersh 1/4/2012 Business Analysis Benchmark problem solving meeting with internal McK team (S. Goldstrom, J. Schottland, S.

Walton, D. Ebenstein, J. Fisher, E. Van Metre)1.5 450.00$

William Kersh 1/4/2012 Business Analysis Analyze difference between airport utilization metrics for presentation 1.4 420.00$ William Kersh 1/4/2012 Business Analysis Prepare airport performance initial benchmarks 1.3 390.00$ William Kersh 1/4/2012 Business Analysis Outline maintenance components for benchmarking 1.3 390.00$ William Kersh 1/4/2012 Business Analysis Prepare fringe and benefits benchmarks for labor comparison 0.8 240.00$ William Kersh 1/4/2012 Business Analysis Problem solving with J. Fisher (McK) density and stage adjustments 0.3 90.00$ William Kersh 1/4/2012 Business Analysis Problem solving with C. Morrison (McK) and J. Fisher (McK) on labor benchmark fields 0.3 90.00$

John Fisher 1/4/2012 Business Analysis Pressure testing industry capacity assumptions in data base 2.6 650.00$ John Fisher 1/4/2012 Business Analysis Updates to capacity planning model to reflect growth rate adjustments 2.2 550.00$ John Fisher 1/4/2012 Business Analysis Problem solving external cost benchmarks with McK team (S. Goldstrom, J. Schottland, S.

Walton, D. Ebenstein,W. Kersh, E. Van Metre)1.5 375.00$

3 of 42




Name Date Task Code Description Time AmountJohn Fisher 1/4/2012 Business Analysis Analyzing variables as proxy for business - leisure mix 1.2 300.00$ John Fisher 1/4/2012 Business Analysis Modifications to industry capacity model 1.1 275.00$ John Fisher 1/4/2012 Business Analysis Problem solving with S. Walton (McK), A. Alexander (McK) and N. Jayasunaram (McK)

regarding impact of change in capacity on change in fares0.6 150.00$

John Fisher 1/4/2012 Business Analysis Industry capacity forecast revisions - plotting capacity growth against GDP and traffic growth 0.5 125.00$

John Fisher 1/4/2012 Business Analysis Problem solving with W. Kersh (McK) regarding density and stage adjustments 0.3 75.00$ John Fisher 1/4/2012 Business Analysis Problem solving AA network plan metrics with A. Alexander (McK) and A. Bhatia (McK) 0.3 75.00$

John Fisher 1/4/2012 Business Analysis Problem solving with C. Morrison (McK) and W. Kersh (McK) on labor benchmark fields 0.3 75.00$

Connor Morrison 1/4/2012 Business Analysis Preparation of mapping tables for benchmarking analysis 1.9 475.00$ Connor Morrison 1/4/2012 Business Analysis Benchmarking labor dollars 1.3 325.00$ Connor Morrison 1/4/2012 Business Analysis Benchmarking Above- and Below-Wing Expense per Pax 1.3 325.00$ Connor Morrison 1/4/2012 Business Analysis Data cleanup of benchmarks - adjusting for inconsistent or missing airline data 1.3 325.00$ Connor Morrison 1/4/2012 Business Analysis Revision of updated SPD analysis 1.2 300.00$ Connor Morrison 1/4/2012 Business Analysis Planning of benchmarking approach for AMR vs. major legacy and LCC carriers 1.2 300.00$ Connor Morrison 1/4/2012 Business Analysis Benchmarking labor dollars by category 0.9 225.00$ Connor Morrison 1/4/2012 Business Analysis Creation of summary presentation showing revised SPD analysis 0.8 200.00$ Connor Morrison 1/4/2012 Business Analysis Benchmarking Maintenance Labor Expense per Block Hour 0.8 200.00$ Connor Morrison 1/4/2012 Business Analysis Preparation of mapping table for revenue model 0.8 200.00$ Connor Morrison 1/4/2012 Business Analysis Meeting with D. Ebenstein (McK) and W. Kersh (McK) to discuss benchmarking approach and

workplan (partial attendance)0.7 175.00$

Connor Morrison 1/4/2012 Business Analysis Benchmarking labor Expense per Block Hour 0.6 150.00$ Connor Morrison 1/4/2012 Business Analysis Discussion with A. Alexander (McK) regarding fare forecast. 0.4 100.00$ Connor Morrison 1/4/2012 Business Analysis Meeting with J. Fisher (McK) to identify data sources for ground personnel benchmarks 0.4 100.00$

Connor Morrison 1/4/2012 Business Analysis Problem solving with J. Fisher (McK) and W. Kersh (McK) on labor benchmark fields 0.3 75.00$ Connor Morrison 1/4/2012 Business Analysis Identify data sources for maintenance labor expense benchmarks 0.1 25.00$ Joe Schottland 1/5/2012 Business Analysis Revise materials for 1/9 client update materials 2.5 1,787.50$ Joe Schottland 1/5/2012 Business Analysis Team problem-solving (Ebenstein (McK), Alexander (McK), S. Walton (McK)) on approach to

fare growth analysis2.0 1,430.00$

Joe Schottland 1/5/2012 Business Analysis Problem solving session A. Alexander (McK), D. Ebenstein (McK), S. Walton (McK), N. Jayasundaram (McK) on key analyses and information needed for revenue model

1.3 929.50$

Joe Schottland 1/5/2012 Business Analysis Client meeting with D. Casey (AMR) regarding revenue model approach and timing 1.1 786.50$ Joe Schottland 1/5/2012 Business Analysis Review output of revenue model with A. Alexander (McK), D. Ebenstein (McK), and J.

Schottland (McK)1.1 786.50$

Joe Schottland 1/5/2012 Business Analysis Draft revised presentation for update deck 1.1 786.50$ Joe Schottland 1/5/2012 Business Analysis Review of AA's cost reduction progress from 2003 1.0 715.00$ Joe Schottland 1/5/2012 Business Analysis Review revenue section of draft deck 0.7 500.50$ David Ebenstein 1/5/2012 Business Analysis Revise draft materials for 1/9 meeting 2.5 1,375.00$ David Ebenstein 1/5/2012 Business Analysis Team problem-solving (J. Schottland (McK), Alexander (McK), S. Walton (McK)) on approach

to fare growth analysis2.0 1,100.00$

David Ebenstein 1/5/2012 Business Analysis Review of revenue model results with A. Alexander (McK), J. Schottland (McK), S. Walton (McK), N. Jayasundaram (McK)

1.3 715.00$

David Ebenstein 1/5/2012 Business Analysis Review draft materials of 1/9 Progress Review materials, provide comments 1.2 660.00$ David Ebenstein 1/5/2012 Business Analysis Meeting with D. Casey (AMR) and team to review preliminary revenue forecasting 0.9 495.00$ David Ebenstein 1/5/2012 Business Analysis Review of AMR revenue and cost initiatives implemented through 2010 0.8 440.00$ David Ebenstein 1/5/2012 Business Analysis Discuss benchmark methodology and approach with W. Kersh (McK) 0.7 385.00$ David Ebenstein 1/5/2012 Business Analysis Discussion with S. Walton (McK) and A. Alexander (McK) regarding what is required for the

Monday morning check in meeting.0.2 110.00$

Seth Walton 1/5/2012 Business Analysis Team problem-solving (D. Ebenstein (McK), A. Alexander (McK), J. Schottland (McK)) on approach to fare growth analysis

2.0 1,000.00$

Seth Walton 1/5/2012 Business Analysis Problem solving session on key analyses and information needed for revenue model 1.7 850.00$ Seth Walton 1/5/2012 Business Analysis Review output of revenue model with A. Alexander (McK), D. Ebenstein (McK), J. Schottland

(McK), N. Jayasundaram (McK) 1.3 650.00$

Seth Walton 1/5/2012 Business Analysis Complete preliminary industry fare CAGR analysis and send to Andrea 1.1 550.00$ Seth Walton 1/5/2012 Business Analysis Draft pages of revenue section for Monday meeting with B. Goulet (AMR) 0.8 400.00$ Seth Walton 1/5/2012 Business Analysis Fill in revenue section of draft deck 0.8 400.00$ Seth Walton 1/5/2012 Business Analysis Re-write overall draft deck for Monday meeting with AMR Team 0.7 350.00$ Seth Walton 1/5/2012 Business Analysis Compile updates from team and send presentation to McK group for Friday meeting 0.5 250.00$ Seth Walton 1/5/2012 Business Analysis Problem solving with S. Walton (McK), A. Alexander (McK) and A. Bhatia (McK) regarding

revenue model 0.4 200.00$

Seth Walton 1/5/2012 Business Analysis Discussion with A. Alexander (McK) and D. Ebenstein (McK) regarding what is required for the Monday morning check in meeting.

0.2 100.00$

Andrea Alexander 1/5/2012 Business Analysis Update revenue model 2.3 1,035.00$ Andrea Alexander 1/5/2012 Business Analysis Team problem-solving (Ebenstein (McK), Schottland (McK), S. Walton (McK)) on approach to

fare growth analysis2.0 900.00$

Andrea Alexander 1/5/2012 Business Analysis Authored revised presentation highlighting the initial output and insights from the revenue model for the Monday morning meeting.

2.0 900.00$

Andrea Alexander 1/5/2012 Business Analysis Research and revise industry growth assumptions 1.8 810.00$ Andrea Alexander 1/5/2012 Business Analysis Authored report highlighting the initial output and insights from the revenue model for the

Monday morning meeting.1.7 765.00$

4 of 42




Name Date Task Code Description Time AmountAndrea Alexander 1/5/2012 Business Analysis Walk J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK), N. Jayasundaram (McK)

through the revenue model1.3 585.00$

Andrea Alexander 1/5/2012 Business Analysis Discussion with S. Walton (McK) and D. Ebenstein (McK) regarding what is required for the Monday morning check in meeting.

0.2 90.00$

Aditya Bhatia 1/5/2012 Business Analysis Develop rolled up cost forecast 2.4 996.00$ Aditya Bhatia 1/5/2012 Business Analysis Calculate resulting cost metrics 1.6 664.00$ Aditya Bhatia 1/5/2012 Business Analysis Update cost model architecture - labor productivity and cost per FTE 1.3 539.50$ Aditya Bhatia 1/5/2012 Business Analysis Update cost model architecture - S&M costs, landing fees, communications, facilities and 1.3 539.50$ Aditya Bhatia 1/5/2012 Business Analysis Update cost model architecture - other labor groups (MX, FSC, ARP, Mgmt) 1.0 415.00$ Aditya Bhatia 1/5/2012 Business Analysis Update cost model architecture - materials and repairs costs 1.0 415.00$ Aditya Bhatia 1/5/2012 Business Analysis Update cost model architecture - fuel 0.8 332.00$ Aditya Bhatia 1/5/2012 Business Analysis Update cost model architecture - aircraft rent and depreciation 0.7 290.50$ Aditya Bhatia 1/5/2012 Business Analysis Problem solving with S. Walton (McK), A. Alexander (McK) and A. Bhatia (McK) regarding

alignment of revenue model and segment passengers in plans0.4 166.00$

Naveen Jayasundaram 1/5/2012 Business Analysis Review regional forecast and revise variables by region 2.0 650.00$ Naveen Jayasundaram 1/5/2012 Business Analysis Incorporate MGI results into traffic forecast model 1.8 585.00$ Naveen Jayasundaram 1/5/2012 Business Analysis Review the revenue model and the process used to forecast fares and resulting ticket

revenue with J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK), A. Alexander (McK)1.3 422.50$

Naveen Jayasundaram 1/5/2012 Business Analysis Review revenue forecast - Obtain traffic forecasts by region, compare to projected growth rates

1.2 390.00$

Naveen Jayasundaram 1/5/2012 Business Analysis Created request to MGI to obtain up to date city gdp forecasts 1.0 325.00$ Naveen Jayasundaram 1/5/2012 Business Analysis Revision to traffic forecast based on multiplier guidance 0.9 292.50$ William Kersh 1/5/2012 Business Analysis Prepare updated cost benchmark report for presentation 2.3 690.00$ William Kersh 1/5/2012 Business Analysis Discussion with J. Fisher (McK) and C Morrison (McK) re: data sources for remaining

benchmarks1.4 420.00$

William Kersh 1/5/2012 Business Analysis Prepare in Excel Overhead per Departure benchmarks 1.0 300.00$ William Kersh 1/5/2012 Business Analysis Discuss benchmark methodology and approach with D. Ebenstein (McK) 0.7 210.00$ William Kersh 1/5/2012 Business Analysis Update ownership benchmark for presentation on 1/9 0.4 120.00$ John Fisher 1/5/2012 Business Analysis Modification to industry capacity model to adjust weighted GDP growth between regions 3.2 800.00$

John Fisher 1/5/2012 Business Analysis Extracting and summarizing passenger and seat data 1.9 475.00$ John Fisher 1/5/2012 Business Analysis Problem solving with C. Morrison (McK) and W. Kersh (McK) on maintenance benchmark

fields1.4 350.00$

John Fisher 1/5/2012 Business Analysis Problem solving with S. Walton (McK), A. Alexander (McK) and A. Bhatia (McK) regarding alignment of revenue model and segment passengers in plans

0.4 100.00$

Connor Morrison 1/5/2012 Business Analysis Benchmarking CASM at time of bankruptcy filing and 36 months after filing for OA 1.9 475.00$ Connor Morrison 1/5/2012 Business Analysis Continued benchmarking CASM at time of bankruptcy filing and 36 months after filing for OA 1.8 450.00$ Connor Morrison 1/5/2012 Business Analysis Preparation of mapping tables for additional benchmarking analyses 1.7 425.00$ Connor Morrison 1/5/2012 Business Analysis Continued benchmarking CASM at time of bankruptcy filing and 36 months after filing for Oas 1.6 400.00$ Connor Morrison 1/5/2012 Business Analysis Discussion with J. Fisher (McK) and W. Kersh (McK) re: data sources for remaining


Connor Morrison 1/5/2012 Business Analysis Revisions of previously-completed benchmarks 1.3 325.00$ Connor Morrison 1/5/2012 Business Analysis Benchmarking Maintenance Materials per Block Hour 0.3 75.00$ Connor Morrison 1/5/2012 Business Analysis Benchmarking Ownership Costs (Rent, Depreciation, and Amortization) per Block Hour 0.3 75.00$

Connor Morrison 1/5/2012 Business Analysis Benchmarking Outsourced Maintenance per Block Hour 0.2 50.00$ Connor Morrison 1/5/2012 Business Analysis Benchmarking Labor Productivity 0.1 25.00$ Connor Morrison 1/5/2012 Business Analysis Benchmarking labor productivity 0.1 25.00$ Guenter Fuchs 1/5/2012 Business Analysis AA turn times analysis 2.0 400.00$ Seth Goldstrom 1/6/2012 Business Analysis Call with A. Dichter (McK), N. Jayasundaram (McK), S. Walton (McK) , D. Ebenstein (McK) , J.

Schottland (McK) , A. Alexander (McK) , C. Morrison (McK) to review draft document for Monday meeting on first pass business plan

1.0 895.00$

Seth Goldstrom 1/6/2012 Business Analysis Call with McK team (N. Jayasundaram, S. Walton, D. Ebenstein, J. Schottland, A. Alexander, C. Morrison) to review 2nd version of document for Monday meeting on first pass business plan

1.0 895.00$

Seth Goldstrom 1/6/2012 Business Analysis Call with J. Schottland (McK) and AMR (B. Goulet (AMR), G. Kennedy (AMR), C. Irvin (AMR) to discuss timeline

0.8 716.00$

Seth Goldstrom 1/6/2012 Business Analysis Call with J. Schottland (McK) to discuss path forward based on feedback from AMR call 0.3 268.50$

Evan Van Metre 1/6/2012 Business Analysis Detailed team discussion on Revenue and Cost model output and findings 1.1 984.50$ Alex Dichter 1/6/2012 Business Analysis Internal problem solving call with McK team (S. Goldstrom, N. Jayasundaram, S. Walton, D.

Ebenstein, J. Schottland, A. Alexander, C. Morrison)1.0 950.00$

Joe Schottland 1/6/2012 Business Analysis Develop 2014 EBITDAR bridge to understand components of projected AMR EBITDAR growth 1.8 1,287.00$

Joe Schottland 1/6/2012 Business Analysis Review benchmarks for cost review from filings 1.5 1,072.50$ Joe Schottland 1/6/2012 Business Analysis Develop preliminary model sensitivity analysis 1.5 1,072.50$ Joe Schottland 1/6/2012 Business Analysis Review end of day presentation document draft, provide detailed comments 1.3 929.50$ Joe Schottland 1/6/2012 Business Analysis Internal pre and post BK CASM benchmarking problem solving session 1.2 858.00$ Joe Schottland 1/6/2012 Business Analysis Call with McK team (A. Dichter, N. Jayasundaram, S. Walton, D. Ebenstein, S. Goldstrom, A.

Alexander, C. Morrison) to review business plan draft for Monday1.0 715.00$

Joe Schottland 1/6/2012 Business Analysis Revise benchmarking section of 1/9 presentation 1.0 715.00$

5 of 42




Name Date Task Code Description Time AmountJoe Schottland 1/6/2012 Business Analysis Call with McK team (S. Goldstrom, N. Jayasundaram, S. Walton, D. Ebenstein, A. Alexander, C.

Morrison) to review 2nd version of business plan document for Monday meeting1.0 715.00$

Joe Schottland 1/6/2012 Business Analysis Follow up call with McKinsey team (D. Ebenstein, S. Walton) to review 1/9 readout 0.9 643.50$ Joe Schottland 1/6/2012 Business Analysis Call with J. Schottland (McK) and AMR (B. Goulet (AMR), G. Kennedy (AMR), C. Irvin (AMR) to

discuss timeline0.8 572.00$

Joe Schottland 1/6/2012 Business Analysis Review analysis outling pre- and post- restructuring CASM for OAs, provide comments 0.7 500.50$

Joe Schottland 1/6/2012 Business Analysis Problem solve on AMR cost allocation methodology 0.7 500.50$ David Ebenstein 1/6/2012 Business Analysis Develop 2014 EBITDAR bridge to understand components of projected AMR EBITDAR growth 1.8 990.00$

David Ebenstein 1/6/2012 Business Analysis Develop preliminary model sensitivity analysis 1.7 935.00$ David Ebenstein 1/6/2012 Business Analysis Revise benchmarking section of 1/9 presentation 1.4 770.00$ David Ebenstein 1/6/2012 Business Analysis Review end of day presentation document draft, provide detailed comments 1.2 660.00$ David Ebenstein 1/6/2012 Business Analysis Team-problem solving call with broader McKinsey team (A. Dichter, N. Jayasundaram, S.

Walton, J. Schottland, S. Goldstrom, A. Alexander, C. Morrison) on preparation for 1/9 Progress Review

1.0 550.00$

David Ebenstein 1/6/2012 Business Analysis Follow-up call with McKinsey team (N. Jayasundaram, S. Walton, J. Schottland, S. Goldstrom, A. Alexander, C. Morrison) to review next revision of 1/9 presentation

1.0 550.00$

David Ebenstein 1/6/2012 Business Analysis Follow-up conversation with McK team (J. Schottland, S. Walton) on weekend work plan / preparation for 1/9 presentation

0.9 495.00$

David Ebenstein 1/6/2012 Business Analysis Review analysis outlining pre- and post- restructuring CASM for OAs, provide comments 0.8 440.00$

David Ebenstein 1/6/2012 Business Analysis Compile additional benchmarks from SEC filings 0.5 275.00$ Seth Walton 1/6/2012 Business Analysis Add price / volume decomposition functionality to revenue model 2.1 1,050.00$ Seth Walton 1/6/2012 Business Analysis Convert network plan output from N. Jayasundaram (McK) into a "seat growth" by OD

estimate1.9 950.00$

Seth Walton 1/6/2012 Business Analysis Error check revenue model and incorporate cost items 1.9 950.00$ Seth Walton 1/6/2012 Business Analysis Team-problem solving call with broader McKinsey team (A. Dichter, N. Jayasundaram, D.

Ebenstein, J. Schottland, S. Goldstrom, A. Alexander, C. Morrison)1.0 500.00$

Seth Walton 1/6/2012 Business Analysis Follow-up McK team (N. Jayasundaram, D. Ebenstein, J. Schottland, S. Goldstrom, A. Alexander, C. Morrison) problem solving call to review next revision of Monday presentation

1.0 500.00$

Seth Walton 1/6/2012 Business Analysis Follow-up conversation with J. Schottland (McK) and D. Ebenstein (McK) on dividing up edits and updates to Monday presentation

0.9 450.00$

Seth Walton 1/6/2012 Business Analysis Call with A. Bhatia (McK) to reconcile ASM's across various company sources 0.7 350.00$ Seth Walton 1/6/2012 Business Analysis Consolidate and edit report for Monday presentation and send to McK team leaders 0.7 350.00$ Seth Walton 1/6/2012 Business Analysis Update presentation for Monday afternoon with revised revenue numbers and new/updated

benchmarking section0.6 300.00$

Seth Walton 1/6/2012 Business Analysis Follow-up conversation with A. Alexander (McK) on additional revenue analyses to complete 0.5 250.00$

Seth Walton 1/6/2012 Business Analysis Summarize high priority changes to Monday presentation and email to broader McK team 0.5 250.00$

Seth Walton 1/6/2012 Business Analysis Follow-up conversation with A. Bhatia (McK) on additional cost analyses to complete 0.4 200.00$

Andrea Alexander 1/6/2012 Business Analysis Confirm all numbers in revenue presentation are accurate and up to date. 2.0 900.00$ Andrea Alexander 1/6/2012 Business Analysis Begin revising/ reformatting revenue model 1.9 855.00$ Andrea Alexander 1/6/2012 Business Analysis Discussion with full McK team (A. Dichter, S. Goldstrom, S. Walton, D. Ebenstein, J.

Schottland, N. Jayasundaram, C. Morrison) about the current state of the Monday progress review document to align on next steps.

1.0 450.00$

Andrea Alexander 1/6/2012 Business Analysis Discussion with full McK team (S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland, N. Jayasundaram, C. Morrison) about the updated version of the Monday progress review document to align on next steps.

1.0 450.00$

Andrea Alexander 1/6/2012 Business Analysis Authored waterfall that disaggregates sourced of increased revenue. 0.9 405.00$ Andrea Alexander 1/6/2012 Business Analysis Update capacity and PAX expansion presentaiton to include "other" and "total". 0.8 360.00$ Andrea Alexander 1/6/2012 Business Analysis Discussion with S. Walton (McK) regarding the next steps for the revenue model 0.5 225.00$ Andrea Alexander 1/6/2012 Business Analysis Discussion with A. Bhatia (McK) and N. Jayasundaram (McK) regarding bus plan model and

how to reconcile to the revenue model.0.3 135.00$

Aditya Bhatia 1/6/2012 Business Analysis Evaluation of network plan trends, actuals and operating plan 2.3 954.50$ Aditya Bhatia 1/6/2012 Business Analysis Updated cost forecast model 1.3 539.50$ Aditya Bhatia 1/6/2012 Business Analysis Prepared cost driver section of AMR presentation 1.3 539.50$ Aditya Bhatia 1/6/2012 Business Analysis Meeting with McKinsey team (A. Dichter, S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland,

N. Jayasundaram, C. Morrison) to discuss presentation to AMR on Monday1.0 415.00$

Aditya Bhatia 1/6/2012 Business Analysis Summarized Business plan cost savings assumptions for labor groups 0.9 373.50$ Aditya Bhatia 1/6/2012 Business Analysis Call with S. Walton (McK) to reconcile ASM's across various company sources 0.7 290.50$ Aditya Bhatia 1/6/2012 Business Analysis Refine calculation of cost metrics (e.g. total CASM, fuel, labor costs per ASM) from cost

forecast model0.7 290.50$

Aditya Bhatia 1/6/2012 Business Analysis Follow-up call with McKinsey team (S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland, N. Jayasundaram, C. Morrison) to discuss edits, updates to AMR presentation, open items (partial attendance)

0.5 207.50$

Aditya Bhatia 1/6/2012 Business Analysis Follow-up conversation with S. Walton (McK) on additional cost analyses to complete 0.4 166.00$

6 of 42




Name Date Task Code Description Time AmountAditya Bhatia 1/6/2012 Business Analysis Call w R. Solomon (AMR), P. Quayle (AMR) and team to discuss reconciliation of models 0.3 124.50$

Aditya Bhatia 1/6/2012 Business Analysis Call w A. Alexander (McK) and N. Jayasundaram (McK) to discuss structure of financial model 0.3 124.50$

Naveen Jayasundaram 1/6/2012 Business Analysis Create R&I request and perform online searches to obtain industry average fuel costs 2.2 715.00$

Naveen Jayasundaram 1/6/2012 Business Analysis Discuss over email fuel-cost adjusted yield calculation with J. Schottland (McK) 1.8 585.00$ Naveen Jayasundaram 1/6/2012 Business Analysis Provide model and charting for review, derive takeaways and list next steps 1.3 422.50$ Naveen Jayasundaram 1/6/2012 Business Analysis Build initial model for review by J. Schottland (McK) having incorporated fuel costs from R&I 1.2 390.00$

Naveen Jayasundaram 1/6/2012 Business Analysis Updated model for changes in fuel cost adjustment formula and to add dynamic testing of time frames

1.0 325.00$

Naveen Jayasundaram 1/6/2012 Business Analysis Discussion with full McK team (S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland, A. Alexander, C. Morrison) about the updated version of the Monday progress review document to align on next steps.

1.0 325.00$

Naveen Jayasundaram 1/6/2012 Business Analysis Discussion with full McK team (A. Dichter, S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland, A. Alexander, C. Morrison) about the current state of the Monday progress review document to align on next steps.

1.0 325.00$

Naveen Jayasundaram 1/6/2012 Business Analysis Check numbers for seat projections against cost model reconcile differences 0.9 292.50$ Naveen Jayasundaram 1/6/2012 Business Analysis Discussion with A. Bhatia (McK) and A. Alexander (McK) regarding bus plan model and how to

reconcile to the revenue model.0.3 97.50$

William Kersh 1/6/2012 Business Analysis Prepare RASM and PRASM charts for 1/9 presentation to client 2.0 600.00$ William Kersh 1/6/2012 Business Analysis Revise RASM and PRASM pages after internal McK call 1.9 570.00$ William Kersh 1/6/2012 Business Analysis Prepare SG&A benchmarks 1.8 540.00$ William Kersh 1/6/2012 Business Analysis Prepare pre- and post-bankruptcy CASM chart 1.7 510.00$ William Kersh 1/6/2012 Business Analysis Call with McK team (A. Dichter, S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland, N.

Jayasundaram, A. Alexander, C. Morrison) to discuss presentation on 1/91.0 300.00$

William Kersh 1/6/2012 Business Analysis Call with McK team (S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland, A. Alexander, C. Morrison) to review updated report for 1/9 presentation

1.0 300.00$

William Kersh 1/6/2012 Business Analysis Prepare for call with McK team to discuss presentation on 1/9 0.5 150.00$ William Kersh 1/6/2012 Business Analysis Discussion with C. Morrison (McK) re: benchmarking metrics and approach 0.3 90.00$ John Fisher 1/6/2012 Business Analysis Build data base that will enable analysis of capacity forecast to identify aircraft types and

geographies4.9 1,225.00$

John Fisher 1/6/2012 Business Analysis Analyzing 20 years of data to quantify industry demand and supply cycles 2.7 675.00$ John Fisher 1/6/2012 Business Analysis Stage adjusted PRASM and RASM for AA and US mainline carriers 0.4 100.00$ Connor Morrison 1/6/2012 Business Analysis Call with McK team (S. Goldstrom, S. Walton , D. Ebenstein, J. Schottland, A. Alexander, W.

Kersh) to review updated report for 1/9 presentation1.0 250.00$

Connor Morrison 1/6/2012 Business Analysis Teleconference with S. Goldstrom (McK) , D. Ebenstein (McK) , T. Fagan (McK) , S. Walton (McK) , A. Alexander (McK) , N. Jayasundaram (McK) , A. Bhatia (McK) re: content of Jan 18 presentation

1.0 250.00$

Connor Morrison 1/6/2012 Business Analysis Standardizing historical RASM and PRASM data to show percentage change from year 2006 baseline

0.8 200.00$

Connor Morrison 1/6/2012 Business Analysis Benchmarking RASM vs. average stage length for all carriers 0.7 175.00$ Connor Morrison 1/6/2012 Business Analysis Benchmarking above- and below-wing expenses with fringe benefits excluded vs. ASM and

vs. Pax0.7 175.00$

Connor Morrison 1/6/2012 Business Analysis Creating RASM and PRASM vs. stage length benchmarks for AA vs. OA 0.7 175.00$ Connor Morrison 1/6/2012 Business Analysis Benchmarking Personnel - Terminal & Ground vs. ASM 0.5 125.00$ Connor Morrison 1/6/2012 Business Analysis Benchmarking historical RASM data since 1995 for all carriers 0.5 125.00$ Connor Morrison 1/6/2012 Business Analysis Benchmarking Sales and Distribution vs. ASM 0.5 125.00$ Connor Morrison 1/6/2012 Business Analysis Benchmarking Landing Fees vs. ASM 0.4 100.00$ Connor Morrison 1/6/2012 Business Analysis Benchmarking G&A Expense per passenger and per 1000 ASM for competing airlines 0.4 100.00$ Connor Morrison 1/6/2012 Business Analysis Creating year-by-year RASM and PRASM analysis for major airlines 0.4 100.00$ Connor Morrison 1/6/2012 Business Analysis Benchmarking Landing fees per trip for competing airlines 0.3 75.00$ Connor Morrison 1/6/2012 Business Analysis Calculating CAGR by airline for historical RASM and PRASM 0.3 75.00$ Connor Morrison 1/6/2012 Business Analysis Discussion with W. Kersh (McK) re: benchmarking metrics and approach 0.3 75.00$ Seth Goldstrom 1/7/2012 Business Analysis Reviewing document for 1/9 mtg 0.3 268.50$ Joe Schottland 1/7/2012 Business Analysis Rewrite upfront executive summary for 1/9 presentation 1.5 1,072.50$ Joe Schottland 1/7/2012 Business Analysis Review benchmarking section for 1/9 presentation 1.1 786.50$ Joe Schottland 1/7/2012 Business Analysis Review draft 1/9 presentation, comments for inclusions 1.0 715.00$ Joe Schottland 1/7/2012 Business Analysis Review sensitivity analysis for 1/9 presentation 0.5 357.50$ David Ebenstein 1/7/2012 Business Analysis Preparation of benchmarking section for 1/9 presentation 1.8 990.00$ David Ebenstein 1/7/2012 Business Analysis Draft comments / emails to McKinsey team on revenue forecasting section of 1/9

presentation1.4 770.00$

David Ebenstein 1/7/2012 Business Analysis Perform sensitivity analysis on forecast model (GDP, OA capacity, fuel), creation of presentation page summarizing analysis

1.3 715.00$

David Ebenstein 1/7/2012 Business Analysis Draft executive summary section of 1/9 presentation 0.8 440.00$ David Ebenstein 1/7/2012 Business Analysis Review draft presentation, email comments to team 0.4 220.00$ David Ebenstein 1/7/2012 Business Analysis Update and revise draft presentation, email comments to team 0.4 220.00$ Andrea Alexander 1/7/2012 Business Analysis Continue revising/ reformatting revenue model to increase ability of other users to

understand equations and logic.2.8 1,260.00$

Andrea Alexander 1/7/2012 Business Analysis Discussion with A. Bhatia (McK) regarding the reformatted network plan 0.4 180.00$ Aditya Bhatia 1/7/2012 Business Analysis Discussion with A. Alexander (McK) regarding the reformatted network plan 0.4 166.00$ William Kersh 1/7/2012 Business Analysis Answer follow up emails from internal McK team regarding cost benchmarks 1.5 450.00$ William Kersh 1/7/2012 Business Analysis Update cost benchmark pages for 1/9 presentation with AMR 1.2 360.00$

7 of 42




Name Date Task Code Description Time AmountConnor Morrison 1/7/2012 Business Analysis Revising benchmarks for G&A, landing fees, and sales & distribution expense 0.3 75.00$ Seth Goldstrom 1/8/2012 Business Analysis Call with McK leadership (E. Van Metre, J. Schottland, D. Ebenstein) to review presentation

materials for 1/90.7 626.50$

Seth Goldstrom 1/8/2012 Business Analysis Reviewing document for 1/9 mtg 0.5 447.50$ Seth Goldstrom 1/8/2012 Business Analysis Call with AMR mck leadership (E. Van Metre, J. Schottland, D. Ebenstein) discussion on

revenue model for interim meeting with AMR (partial attendance)0.5 447.50$

Evan Van Metre 1/8/2012 Business Analysis McK team (S. Goldstrom, J. Schottland, D. Ebenstein) discussion on revenue model for interim meeting with AMR

1.0 895.00$

Evan Van Metre 1/8/2012 Business Analysis Team discussion (S. Goldstrom, J. Schottland, D. Ebenstein) to review presentation materials for 1/9

0.7 626.50$

Joe Schottland 1/8/2012 Business Analysis Execute o revisions to 1/9 presentation from conference call 1.5 1,072.50$ Joe Schottland 1/8/2012 Business Analysis Revise cost benchmarking section of 1/9 presentation based on call feedback 1.5 1,072.50$ Joe Schottland 1/8/2012 Business Analysis McK team (S. Goldstrom, E. Van Metre, D. Ebenstein) follow up conference call to discuss on

revenue model for interim meeting with AMR1.0 715.00$

Joe Schottland 1/8/2012 Business Analysis Review capacity forecasting section of 1/9 presentation 0.8 572.00$ Joe Schottland 1/8/2012 Business Analysis McK team (S. Goldstrom, E. Van Metre, D. Ebenstein) conference call to review 1/9


David Ebenstein 1/8/2012 Business Analysis Revise presentation section outlining model results 2011-2013 vs 2014-2017 1.5 825.00$ David Ebenstein 1/8/2012 Business Analysis Review draft presentation, provide comments to team 1.4 770.00$ David Ebenstein 1/8/2012 Business Analysis Review SEC filings and post-restructuring disclosure documents of other US airlines 1.4 770.00$ David Ebenstein 1/8/2012 Business Analysis Revise benchmarking pages to incorporate 2011 estimates, data from SEC filings 1.2 660.00$ David Ebenstein 1/8/2012 Business Analysis Conference call #2 with McKinsey team (S. Goldstrom, E. Van Metre, J. Schottland) to discuss

revenue model for interim meeting with AMR1.0 550.00$

David Ebenstein 1/8/2012 Business Analysis Review benchmarking section, provide comments to McKinsey team 0.9 495.00$ David Ebenstein 1/8/2012 Business Analysis Analysis and presentation page outling EBITDAR bridge from 2012-2017 in model 0.9 495.00$ David Ebenstein 1/8/2012 Business Analysis Revise presentation section decomposing drivers of 2017 EBITDAR, provide additional

comments to team0.9 495.00$

David Ebenstein 1/8/2012 Business Analysis Conference call #1 with McKinsey team (S. Goldstrom, E. Van Metre, J. Schottland) to review presentation materials for 1/9

0.7 385.00$

Seth Goldstrom 1/9/2012 Business Analysis Meeting with McK team (E. Van Metre, A. Dichter, K. Williams, J. Schottland, D. Ebenstein, S. Walton) and AMR to review first pass revenue plan

2.0 1,790.00$

Seth Goldstrom 1/9/2012 Business Analysis Meeting with team on next steps coming out of AMR first pass plan meeting 1.5 1,342.50$ Seth Goldstrom 1/9/2012 Business Analysis Meeting with B. Goulet (AMR) and A. Dicther (Mck) to talk about plan and next steps 1.0 895.00$ Seth Goldstrom 1/9/2012 Business Analysis Editing/revising document for 1/9 business plan meeting with AMR 0.5 447.50$ Seth Goldstrom 1/9/2012 Business Analysis Weekly adviser call 0.4 358.00$ Evan Van Metre 1/9/2012 Business Analysis Discussion with AMR and McK team (S. Goldstrom, A. Dichter, K. Williams, J. Schottland, D.

Ebenstein, S. Walton) on first output of Revenue and Cost Model2.0 1,790.00$

Evan Van Metre 1/9/2012 Business Analysis Call with McKinsey team (D. Ebenstein, A. Bhatia, J. Schottland) on approach for cost improvement initiative assessment

0.6 537.00$

Evan Van Metre 1/9/2012 Business Analysis Discussion on Cost levers with D. Dorton (McK) 0.5 447.50$ Alex Dichter 1/9/2012 Business Analysis Business plan and revenue forecast meeting with B. Goulet (AMR), E. Briggle (AMR), C. Irvin

(AMR), D. Casey (AMR), C. Schubert (AMR) Rothschild and McKinsey personnel (S. Goldstrom, E. Van Metre, K. Williams, J. Schottland, D. Ebenstein, S. Walton)

2.0 1,900.00$

Alex Dichter 1/9/2012 Business Analysis Meeting with McKinsey team on next steps of revenue plan and business plan 1.5 1,425.00$ Alex Dichter 1/9/2012 Business Analysis Preparation for business plan meeting with AMR and Rothschild 1.1 1,045.00$ Alex Dichter 1/9/2012 Business Analysis Meeting with S Goldstrom (McK) and B.Goulet (McK) re: revenue plan and next steps 1.0 950.00$ Keith Williams 1/9/2012 Business Analysis Meeting with AMR personnel, Rothschild and McK team (S. Goldstrom, E. Van Metre, A.

Dichter, J. Schottland, D. Ebenstein, S. Walton) re business plan and revenue 2.0 1,400.00$

Keith Williams 1/9/2012 Business Analysis Discussion with Y. Choi (Roths) and H. Parhill (Roths) , (AMR)re: forecast implications 1.1 770.00$

Keith Williams 1/9/2012 Business Analysis Preparation for Business Plan meeting with AMR and Rothschild 0.6 420.00$ Keith Williams 1/9/2012 Business Analysis Discussion with H. Parkhill (Roths) on Initial findings of Bplan review and revenue forecast 0.4 280.00$

Keith Williams 1/9/2012 Business Analysis Weekly call with professionals 0.4 280.00$ Joe Schottland 1/9/2012 Business Analysis Meeting with D. Casey (AMR) and team on revenue approach / explanation 2.3 1,644.50$ Joe Schottland 1/9/2012 Business Analysis Reviewed revenue model outputs 2.1 1,501.50$ Joe Schottland 1/9/2012 Business Analysis Progress review meeting with B. Goulet (AMR), AMR team, Rothschild, McK (S. Goldstrom, E.

Van Metre, A. Dichter, K. Williams, D. Ebenstein, S. Walton)2.0 1,430.00$

Joe Schottland 1/9/2012 Business Analysis Review McK revenue forecasting model 1.7 1,215.50$ Joe Schottland 1/9/2012 Business Analysis Revise presentation for progress review meeting 1.2 858.00$ Joe Schottland 1/9/2012 Business Analysis Material preparation for D. Casey (AMR) meeting 1.0 715.00$ Joe Schottland 1/9/2012 Business Analysis Review approach to forecasting AMR layers within the revenue model 0.9 643.50$ Joe Schottland 1/9/2012 Business Analysis Review materials with B. Goulet (AMR) 0.6 429.00$ Joe Schottland 1/9/2012 Business Analysis Call with McK team (E. Van Metre, A. Bhatia, D. Ebenstein) to review cost improvement

initiatives0.6 429.00$

David Ebenstein 1/9/2012 Business Analysis Meeting with AMR leadership team (B. Goulet (AMR) et al), Rothschild, McKinsey (S. Goldstrom, E. Van Metre, A. Dichter, K. Williams, J. Schottland, S. Walton)

2.0 1,100.00$

David Ebenstein 1/9/2012 Business Analysis Review revenue forecast model, modify RASM forecasting section and structure 1.7 935.00$ David Ebenstein 1/9/2012 Business Analysis Review revised business plan model summary materials to understand changes, comparison

vs. model1.1 605.00$

David Ebenstein 1/9/2012 Business Analysis Problem solving discussion on appropriate long-term yield growth assumption 1.1 605.00$ David Ebenstein 1/9/2012 Business Analysis Discussion with McKinsey team on approach to forecasting AMR improvements in model

(gauge, product, JBAs, etc.)0.9 495.00$

8 of 42




Name Date Task Code Description Time AmountDavid Ebenstein 1/9/2012 Business Analysis Compile data in response to AMR data request re: model drivers 0.9 495.00$ David Ebenstein 1/9/2012 Business Analysis Internal meeting (S. Walton (McK), S. Goldstrom (McK)) on priorities for remainder of week 0.8 440.00$

David Ebenstein 1/9/2012 Business Analysis Pre-meeting preparation on approach / objectives for AMR leadership meeting 0.7 385.00$ David Ebenstein 1/9/2012 Business Analysis Prepare presentation outline for next meeting with AMR leadership 0.7 385.00$ David Ebenstein 1/9/2012 Business Analysis Revise presentation for AMR meeting 0.6 330.00$ David Ebenstein 1/9/2012 Business Analysis Call with McKinsey team (E. Van Metre, A. Bhatia, J. Schottland) on approach for cost

improvement initiative assessment0.6 330.00$

David Ebenstein 1/9/2012 Business Analysis Review revised business plan model summary, provide overview to McKinsey team 0.6 330.00$ Seth Walton 1/9/2012 Business Analysis Progress review meeting with B. Goulet (AMR), AMR team, Rothschild, McK (S. Goldstrom, E.

Van Metre, A. Dichter, K. Williams, J. Schottland, D. Ebenstein)2.0 1,000.00$

Seth Walton 1/9/2012 Business Analysis Revise presentation for progress review meeting 1.2 600.00$ Seth Walton 1/9/2012 Business Analysis Meeting with A. Alexander (McK), N. Jayasundaram (McK), D. Casey (AMR) and team on

revenue approach / explanation1.1 550.00$

Seth Walton 1/9/2012 Business Analysis Problem solving discussion on appropriate long-term yield growth assumption (J. Schottland (McK)

1.1 550.00$

Seth Walton 1/9/2012 Business Analysis Meeting with E. Parsons (AMR) and A. Alexander (McK) on data requests and next steps 1.0 500.00$

Seth Walton 1/9/2012 Business Analysis Internal meeting (S. Goldstrom (McK), D. Ebenstein (McK) on priorities for remainder of week 0.8 400.00$

Seth Walton 1/9/2012 Business Analysis Coordinate printing and badge/entry for progress review meeting attendees 0.7 350.00$ Seth Walton 1/9/2012 Business Analysis Begin revenue model data request for AMR 0.7 350.00$ Seth Walton 1/9/2012 Business Analysis Discuss revision to incorporating network plan (with seasonality and completion) with N

Jayasundaram (McK) 0.6 300.00$

Seth Walton 1/9/2012 Business Analysis Discuss revision to network plan with N. Jayasundaram (McK) 0.6 300.00$ Andrea Alexander 1/9/2012 Business Analysis Create methodology for how to incorporate network model into the revenue model 2.0 900.00$ Andrea Alexander 1/9/2012 Business Analysis Revise formatting of revenue model 2.0 900.00$ Andrea Alexander 1/9/2012 Business Analysis Check formulas in revenue model 1.5 675.00$ Andrea Alexander 1/9/2012 Business Analysis Discussion with S. Walton (McK), N. Jayasundaram (McK) and AMR team to review the

processes used to forecast revenue in the model.1.1 495.00$

Andrea Alexander 1/9/2012 Business Analysis Discussion with S. Walton (McK), E. Parsons (AMR) on data requests and next steps 1.0 450.00$ Andrea Alexander 1/9/2012 Business Analysis Authored template of AMR network forecast for cost model 1.0 450.00$ Andrea Alexander 1/9/2012 Business Analysis Discuss progress of the future AMR traffic with N. Jayasundaram (McK) to ensure the format

will fit in the model0.3 135.00$

Aditya Bhatia 1/9/2012 Business Analysis Created framework for refresh of operating cost data from SPARS database 2.3 954.50$ Aditya Bhatia 1/9/2012 Business Analysis Drafted presentation materials on CASM progression through 2017 1.7 705.50$ Aditya Bhatia 1/9/2012 Business Analysis Collected 2011 cost data for initiation of cost benchmarking program 1.7 705.50$ Aditya Bhatia 1/9/2012 Business Analysis Evaluated methodology for seasonal adjustment of peak daily ASMs in network plan, and

reconciled against bus plan model1.5 622.50$

Aditya Bhatia 1/9/2012 Business Analysis Call w T. Fagan (McK), E. van Metre (McK), D. Dorton (McK), D. Ebenstein (McK), W. Kersh (McK) re: cost saving initiatives

0.6 249.00$

Aditya Bhatia 1/9/2012 Business Analysis Meeting w R. Solomon (AMR) and N. Safran (AMR) to discuss refresh of operating cost data from SPARS database

0.4 166.00$

Aditya Bhatia 1/9/2012 Business Analysis Meeting w P. Quayle (AMR), R. Solomon (AMR) and team (AMR) to discuss reconciliation of network plan with 2011 actuals and 2012 operating plan

0.3 124.50$

Naveen Jayasundaram 1/9/2012 Business Analysis Rerun leg to cell allocation without passenger filters, export to Excel 1.8 585.00$ Naveen Jayasundaram 1/9/2012 Business Analysis Create presentation on rationale and calculations behind growth assumption 1.8 585.00$ Naveen Jayasundaram 1/9/2012 Business Analysis Meeting with D. Casey (AMR), E. Parsons (AMR), S. Walton (McK), A. Alexander (McK) and

AMR team on reconciling revenue estimates 1.1 357.50$

Naveen Jayasundaram 1/9/2012 Business Analysis Regress change in yield over change in fuel to understand relationship, interpret results 0.8 260.00$

Naveen Jayasundaram 1/9/2012 Business Analysis Discuss revision to incorporating network plan (with seasonality and completion) with S. Walton (McK)

0.6 195.00$

Naveen Jayasundaram 1/9/2012 Business Analysis Discuss progress of the future AMR traffic with A. Alexander (McK) to ensure the format will fit in the model

0.3 97.50$

William Kersh 1/9/2012 Business Analysis Determine variance between labor CASM ex fuel for AA and industry per analyst reports 2.5 750.00$

William Kersh 1/9/2012 Business Analysis Determine variance between total CASM for AA and industry per analyst reports 2.3 690.00$ William Kersh 1/9/2012 Business Analysis Prepare results of AA vs industry RASM and CASM analysis 2.0 600.00$ William Kersh 1/9/2012 Business Analysis Prepare industry CASM analysis presentation 1.8 540.00$ William Kersh 1/9/2012 Business Analysis Call w T. Fagan (McK), E. van Metre (McK), D. Dorton (McK), D. Ebenstein (McK), A. Bhatia

(McK) re: cost saving initiatives0.6 180.00$

Gerald Powell 1/9/2012 Business Analysis Research into jet fuel prices paid by airlines in the U.S. since 1995 2.0 400.00$ Seth Goldstrom 1/10/2012 Business Analysis Meeting with AMR team on cost benchmarks and cost analysis (C. Irvin (AMR), D. Dorton

(McK), and E. Van Metre (McK))2.0 1,790.00$

Seth Goldstrom 1/10/2012 Business Analysis Meeting with D. Dorton (McK), E. Van Metre (McK), D. Ebenstein (McK) on cost analysis approach

1.0 895.00$

Seth Goldstrom 1/10/2012 Business Analysis Meeting with C. Irvin (AMR) on revenue analysis with S. Walton (McK) and J. Schottland (McK) 0.7 626.50$

Seth Goldstrom 1/10/2012 Business Analysis Meeting with S. Walton (McK) J. Schottland (McK) and D. Ebenstein (McK)on revenue analysis next steps

0.5 447.50$

Seth Goldstrom 1/10/2012 Business Analysis Meeting with B. Goulet (AMR), C. Irvin (AMR), E. Van Metre (McK), and D. Dorton (McK) on cost analyses next steps

0.5 447.50$

9 of 42




Name Date Task Code Description Time AmountEvan Van Metre 1/10/2012 Business Analysis Meeting with R. Solomon (AMR) C. Irvin (AMR), S. Goldstrom (McK), and D. Dorton (McK) on

business plan assumptions2.0 1,790.00$

Evan Van Metre 1/10/2012 Business Analysis Review of Bus Plan Analysis 1.3 1,163.50$ Evan Van Metre 1/10/2012 Business Analysis Meeting to Discuss Cost levers with S. Goldstrom (McK), D. Dorton (McK), and D. Ebenstein

(McK)1.0 895.00$

Evan Van Metre 1/10/2012 Business Analysis Review of AMR Costs with A. Dichter (McK) and D. Dorton (McK) 0.9 805.50$ Evan Van Metre 1/10/2012 Business Analysis Meeting with B. Goulet (AMR), C. Irvin (AMR), S. Goldstrom (McK), and D. Dorton (McK) to

review and select cost areas for further validation0.5 447.50$

Evan Van Metre 1/10/2012 Business Analysis Call with R. Ritter (AMR) on Turn Time, Maintenance, Fuel 0.5 447.50$ Alex Dichter 1/10/2012 Business Analysis Review detailed cost with D. Dorton (McK) and E. Van Metre (McK) 0.9 855.00$ Keith Williams 1/10/2012 Business Analysis Discussion with B. Goulet (AMR) re: Forecasting, industry dynamics and creditor groups 0.6 420.00$

Joe Schottland 1/10/2012 Business Analysis Estimate OA RASM gap in McK SPD model, create presentation summarizing results 1.9 1,358.50$ Joe Schottland 1/10/2012 Business Analysis Problem solving session with A. Alexander (McK) on addressing product upgrades 1.3 929.50$ Joe Schottland 1/10/2012 Business Analysis Prepare materials for revenue model review with D. Casey (AMR) and team (trends vs.

industry)1.2 858.00$

Joe Schottland 1/10/2012 Business Analysis Meet with C. Irvin (AMR) to discuss revenue projection approach and assumptions 1.1 786.50$ Joe Schottland 1/10/2012 Business Analysis Meet with D. Casey (AMR) and team on revenue model and implications vs. industry growth 1.1 786.50$

Joe Schottland 1/10/2012 Business Analysis Prepare model for review AMR team 1.1 786.50$ Joe Schottland 1/10/2012 Business Analysis Problem solving discussion with S. Walton (McK) and D. Ebenstein (McK) on new approach to

PRASM growth calculation1.0 715.00$

Joe Schottland 1/10/2012 Business Analysis Prepare materials for check in with C. Irvin (AMR) on revenue projection 0.9 643.50$ Joe Schottland 1/10/2012 Business Analysis Prepare materials for meeting with D. Casey (AMR) and team 0.9 643.50$ Joe Schottland 1/10/2012 Business Analysis Problem solving conference call on appropriate long-term yield growth assumption (S. Walton

(McK) and S. Goldstrom (McK))0.8 572.00$

Joe Schottland 1/10/2012 Business Analysis Yield inflation meeting with D. Casey (AMR) and AMR team (A. Alexander (McK), S. Walton (McK)

0.8 572.00$

Joe Schottland 1/10/2012 Business Analysis Review revenue model data request for AMR 0.7 500.50$ Joe Schottland 1/10/2012 Business Analysis Complete revenue model data request for AMR 0.7 500.50$ Joe Schottland 1/10/2012 Business Analysis Meeting with S. Chandler (AMR) on comparisons of AMR and McK data and next steps 0.6 429.00$

Joe Schottland 1/10/2012 Business Analysis Internal meeting (D. Ebenstein (McK), S. Goldstrom (McK), S. Walton (McK) on priorities for remainder of week

0.5 357.50$

David Dorton 1/10/2012 Business Analysis CASM benchmarking review meeting with C. Irvin (AMR), S. Goldstrom (McK), and E. Van Metre (McK)

2.0 1,300.00$

David Dorton 1/10/2012 Business Analysis Analyze and prioritize cost areas for further validation in the business plan with S. Goldstrom (McK), D. Ebenstein, and E. Van Metre (McK)

1.0 650.00$

David Dorton 1/10/2012 Business Analysis Review detailed cost with A. Dichter (McK) and E. Van Metre (McK) 0.9 585.00$ David Dorton 1/10/2012 Business Analysis Developed agenda, draft e-mail for upcoming cost validation meetings 0.9 585.00$ David Dorton 1/10/2012 Business Analysis Built schedule spreadsheet for cost validation meetings including key contacts and spend

levels0.7 455.00$

David Dorton 1/10/2012 Business Analysis Meeting to review and select cost areas for further validation with B. Goulet (AMR), C. Irvin (AMR), S. Goldstrom (McK), and E. Van Metre (McK)

0.5 325.00$

David Ebenstein 1/10/2012 Business Analysis Meeting with AMR (E. Briggle, R. Solomon) on cost benchmarking approach, elements of labor variables, implications for cost modeling and strategy

1.9 1,045.00$

David Ebenstein 1/10/2012 Business Analysis Draft 1-page summary on required model additions to share with team, team discussion on approach to modeling additions (e.g. LCC, business mix, etc.)

1.6 880.00$

David Ebenstein 1/10/2012 Business Analysis Estimate RASM gap to OAs implied by McKinsey SPD analysis, create presentation page summarizing results

1.4 770.00$

David Ebenstein 1/10/2012 Business Analysis Develop sensitivity tool to test impact on EBITDAR of changes to GDP, OA capacity assumptions

1.4 770.00$

David Ebenstein 1/10/2012 Business Analysis Meeting with C. Irvin (AMR) to discuss revenue projection approach and assumptions 1.1 605.00$ David Ebenstein 1/10/2012 Business Analysis Develop "walk-around" presentation to review with cost center leaders describing McKinsey

approach, data request, meeting requests for cost improvement initiatives1.1 605.00$

David Ebenstein 1/10/2012 Business Analysis Meeting with D. Dorton (McK), E. Van Metre (McK), S. Goldstrom (McK) on cost analysis approach

1.0 550.00$

David Ebenstein 1/10/2012 Business Analysis Problem solving discussion with McK team (J. Schottland, S. Watson) on new approach to PRASM growth calculation and implications for forecast

1.0 550.00$

David Ebenstein 1/10/2012 Business Analysis Collect and review McKinsey & analyst estimates of price elasticity in US airlines for inclusion in forecast model

0.9 495.00$

David Ebenstein 1/10/2012 Business Analysis Review team analysis on impact of product improvement on yield, provide comments 0.6 330.00$

David Ebenstein 1/10/2012 Business Analysis Internal meeting (J. Schottland (McK), S. Goldstrom (McK), S. Walton (McK)) on priorities for remainder of week

0.5 275.00$

David Ebenstein 1/10/2012 Business Analysis Modify model to include revised P. growth estimates 0.4 220.00$ Seth Walton 1/10/2012 Business Analysis Prepare materials for revenue model review with D. Casey (AMR) and team (trends vs.

industry)1.2 600.00$

Seth Walton 1/10/2012 Business Analysis Problem solving on modeling revenue levers and sensitivities with N. Jayasundaram (McK), A. Alexander (McK), J. Fisher (McK)

1.2 600.00$

Seth Walton 1/10/2012 Business Analysis Meet with D. Casey (AMR) and team on revenue model and implications vs. industry growth 1.1 550.00$

Seth Walton 1/10/2012 Business Analysis Prepare model for handoff to AMR team 1.1 550.00$

10 of 42




Name Date Task Code Description Time AmountSeth Walton 1/10/2012 Business Analysis Meeting with A. Alexander (McK), N. Jayasundaram (McK), E. Parsons (AMR), D. Casey (AMR),

B. Overbeek (AMR) regarding revenue growth assumptions.1.1 550.00$

Seth Walton 1/10/2012 Business Analysis Prepare materials for check in with C. Irvin (AMR) on revenue projection 0.9 450.00$ Seth Walton 1/10/2012 Business Analysis Prepare materials for meeting with D. Casey (AMR) and team 0.9 450.00$ Seth Walton 1/10/2012 Business Analysis Meet with C. Irvin (AMR) to discuss revenue projection approach and assumptions (S.

Goldstrom (McK)0.8 400.00$

Seth Walton 1/10/2012 Business Analysis Yield inflation meeting with D. Casey (AMR) and AMR team 0.8 400.00$ Seth Walton 1/10/2012 Business Analysis Meeting with AMR team on "gap to industry RASM" methodology (A. Alexander (McK), W.

Kersh (McK))0.8 400.00$

Seth Walton 1/10/2012 Business Analysis Problem solving discussion with D. Ebenstein (McK) and J. Schottland on new approach to PRASM growth calculation

0.8 400.00$

Seth Walton 1/10/2012 Business Analysis Complete revenue model data request for AMR 0.7 350.00$ Seth Walton 1/10/2012 Business Analysis Plan client meeting schedule and priorities for day 0.5 250.00$ Seth Walton 1/10/2012 Business Analysis Plan team priorities for Tuesday (J. Schottland (McK), S. Goldstrom (McK), D. Ebenstein (McK)) 0.5 250.00$

Seth Walton 1/10/2012 Business Analysis Meeting with N. Jayasundaram (McK) to discuss fare growth assumption presentation and outline next steps

0.3 150.00$

Andrea Alexander 1/10/2012 Business Analysis Review and revise model structure 3.0 1,350.00$ Andrea Alexander 1/10/2012 Business Analysis Revise model calculations and inputs 2.0 900.00$ Andrea Alexander 1/10/2012 Business Analysis Map summary tab to reformatted revenue model. 2.0 900.00$ Andrea Alexander 1/10/2012 Business Analysis Revise model format and outputs 1.6 720.00$ Andrea Alexander 1/10/2012 Business Analysis Problem solving session with J. Schottland (McK) on addressing product upgrades 1.3 585.00$ Andrea Alexander 1/10/2012 Business Analysis Meeting with S. Walton (McK), N. Jayasundaram (McK), E. Parsons (AMR), D. Casey (AMR), B.

Overbeek (AMR) regarding revenue growth assumptions.1.1 495.00$

Andrea Alexander 1/10/2012 Business Analysis Meeting with W. Kersh (McK), S. Walton (McK), B. Overbreek (AMR) RASM gap for AA compared to industry.

0.8 360.00$

Andrea Alexander 1/10/2012 Business Analysis Meeting with N. Jayasundaram (McK), B. Overbreek (AMR) , E. Parsons (AMR) regarding revenue model enhancements

0.7 315.00$

Aditya Bhatia 1/10/2012 Business Analysis Meeting w R. Solomon (AMR), E. Briggle (AMR), and S. Goldstrom (McK), D. Dorton (McK), E. Van Metre (McK), D. Ebenstein (McK), S. Walton (McK) on cost benchmarks and modeling

2.0 830.00$

Aditya Bhatia 1/10/2012 Business Analysis Analyzed new version of network plan received from AMR 1.8 747.00$ Aditya Bhatia 1/10/2012 Business Analysis Rolled network plan up to AA level to reconcile total ASMs vs. 2011 actuals and 2012

operating plan1.7 705.50$

Aditya Bhatia 1/10/2012 Business Analysis Updated cost model architecture for new unit cost adjustment toggles 1.7 705.50$ Aditya Bhatia 1/10/2012 Business Analysis Applied new seasonal adjustment factors to network plan 1.6 664.00$ Aditya Bhatia 1/10/2012 Business Analysis Drafted materials for meeting w C. Irvin (AMR) and E. Briggle (AMR), and S. Goldstrom (McK),

D. Dorton (McK), E. Van Metre (McK), D. Ebenstein (Mck), S. Walton (Mck) on cost benchmarks and modeling

1.4 581.00$

Aditya Bhatia 1/10/2012 Business Analysis Incorporated unit cost inflation for facility rent, s&m, f&b and other cost categories 1.4 581.00$ Aditya Bhatia 1/10/2012 Business Analysis Evaluated network plan output and 2011 actual capacity 1.3 539.50$

Aditya Bhatia 1/10/2012 Business Analysis Drafted overview of AA costs for discussion of potential cost savings areas 1.1 456.50$ Naveen Jayasundaram 1/10/2012 Business Analysis For missed legs not found in list of ODs, map using cell allocations for cornerstone and geo 2.0 650.00$

Naveen Jayasundaram 1/10/2012 Business Analysis Extend network plan map and incorporate into revenue model 2.0 650.00$ Naveen Jayasundaram 1/10/2012 Business Analysis Incorporate version1 of network plan into complete list of leg-to-cell mappings to update

revenue estimate1.8 585.00$

Naveen Jayasundaram 1/10/2012 Business Analysis Create mapping algorithm for missed legs using cell allocations from MS Access 1.8 585.00$ Naveen Jayasundaram 1/10/2012 Business Analysis Check totals for seats and ASMs by adding up cell allocations, compare against network plan,

identify missed legs1.6 520.00$

Naveen Jayasundaram 1/10/2012 Business Analysis Revise fuel-adjusted fare growth formula to incorporate regression coefficients, double check max fuel effect

1.4 455.00$

Naveen Jayasundaram 1/10/2012 Business Analysis Problem solving on modeling revenue levers and sensitivities with S. Walton (McK), A. Alexander (McK), J. Fisher (McK)

1.2 390.00$

Naveen Jayasundaram 1/10/2012 Business Analysis Meeting with D. Casey (AMR), E. Parsons (AMR), S. Walton (McK), others on validating fare growth assumption

1.1 357.50$

Naveen Jayasundaram 1/10/2012 Business Analysis Meeting with A. Alexander (McK), B. Overbreek (AMR) , E. Parsons (AMR) regarding revenue model enhancements and plan for gauge, product, JBAs, LC, Wright Amendment, Fuel and Sensitivities

0.7 227.50$

Naveen Jayasundaram 1/10/2012 Business Analysis Send request to J. Fisher (McK) on industry unit revenue to supplement yield growth analysis 0.4 130.00$

Naveen Jayasundaram 1/10/2012 Business Analysis Meeting with S. Walton (McK) to discuss fare growth assumption presentation and outline next steps

0.3 97.50$

William Kersh 1/10/2012 Business Analysis Prepare for and meet with B. Overbeek 2.5 750.00$ William Kersh 1/10/2012 Business Analysis Review variance between AA RASM and industry forecasts 2.4 720.00$ William Kersh 1/10/2012 Business Analysis Analyze Airbus industry forecast to extract RASM forecast 2.3 690.00$ William Kersh 1/10/2012 Business Analysis Analyze DOE and ATA industry forecast to extract RASM forecast 2.0 600.00$ William Kersh 1/10/2012 Business Analysis Analyze Boeing industry forecast to extract RASM forecast 1.8 540.00$ John Fisher 1/10/2012 Business Analysis Analysis of New York premiums 1.8 450.00$ John Fisher 1/10/2012 Business Analysis T100 operating statistics time series (1990-2010) by region for use in OA capacity analysis 1.6 400.00$

John Fisher 1/10/2012 Business Analysis Analysis of OA yield mainline premiumin transcon markets 1.3 325.00$

11 of 42




Name Date Task Code Description Time AmountJohn Fisher 1/10/2012 Business Analysis Problem solving on modeling revenue levers and sensitivities with S. Walton (McK), A.

Alexander (McK), N. Jayasundaram (McK)1.2 300.00$

John Fisher 1/10/2012 Business Analysis PRASM and yield explanation and data to N. Jayasunaram (McK) 0.6 150.00$ John Fisher 1/10/2012 Business Analysis IATA and DOE revenue and capacity forecasts to W. Kersh (McK) 0.5 125.00$ John Fisher 1/10/2012 Business Analysis Search for airline industry analyst report for W. Kersh (McK) 0.3 75.00$ John Fisher 1/10/2012 Business Analysis Memo to W. Kersh (McK) explaining methodology for adjusted ASM calculation used for

density adjustment of RASM and CASM0.2 50.00$

Seth Goldstrom 1/11/2012 Business Analysis Conference call with AMR revenue mgt team including D. Casey (AMR) and J. Schottland (McK) from McKinsey discussing revenue forecast

0.5 447.50$

Seth Goldstrom 1/11/2012 Business Analysis Phone call with B. Goulet (AMR) discussing latest plan numbers 0.3 268.50$ Evan Van Metre 1/11/2012 Business Analysis Team discussion on model output 1.0 895.00$ Evan Van Metre 1/11/2012 Business Analysis Team discussion on cost drivers 0.8 716.00$ Alex Dichter 1/11/2012 Business Analysis Revenue Plan review and comments 1.9 1,805.00$ Joe Schottland 1/11/2012 Business Analysis Follow up meeting with D. Casey (AMR) and team on progress reconciling revenue

approaches2.0 1,430.00$

Joe Schottland 1/11/2012 Business Analysis Prepare updated documents on revenue projections for D. Casey (AMR) meeting 1.5 1,072.50$ Joe Schottland 1/11/2012 Business Analysis Compile additional 3rd party estimates of PRASM growth rates and send to team 1.5 1,072.50$ Joe Schottland 1/11/2012 Business Analysis AMR team leadership call business plan document review 1.5 1,072.50$ Joe Schottland 1/11/2012 Business Analysis Meet with D. Casey (AMR) E. Parsons (AMR) and A. Alexander (McK) to give status update for

the day1.3 929.50$

Joe Schottland 1/11/2012 Business Analysis Analyze capacity growth assumption vs. available 3rd party estimates 1.2 858.00$ Joe Schottland 1/11/2012 Business Analysis Team problem solving session with McK team (D. Ebenstein, S. Walton, N. Jayasundaram, W.

Kersh) re: revenue assumptions1.1 786.50$

Joe Schottland 1/11/2012 Business Analysis Follow-up team problem solving session with McK team (D. Ebenstein, S. Walton, N. Jayasundaram) to align on key assumptions (e.g., capacity growth rate in 2014-17 timeframe)

1.1 786.50$

Joe Schottland 1/11/2012 Business Analysis Walk through revenue model with E. Parsons and other members of AMR team 1.0 715.00$ Joe Schottland 1/11/2012 Business Analysis Revise model to facilitate easier calculation of industry growth factors 0.8 572.00$ Joe Schottland 1/11/2012 Business Analysis Consolidate and revise materials for follow-up problem solving session 0.8 572.00$ Joe Schottland 1/11/2012 Business Analysis Follow up meeting with D. Casey (AMR) and S. Goldstrom (McK) on industry assumptions in

revenue model0.6 429.00$

Joe Schottland 1/11/2012 Business Analysis Review materials for afternoon problem solving discussion 0.5 357.50$ David Dorton 1/11/2012 Business Analysis Create interview guides for Maintenance, Turn Time, Airport Ops, and IT cost validation

meetings2.3 1,495.00$

David Dorton 1/11/2012 Business Analysis Review detailed cost analysis of AA P&L 1.1 715.00$ David Dorton 1/11/2012 Business Analysis Schedule McKinsey experts (A. Bhatnager, Ritter) for cost validation meetings on 1/12 0.9 585.00$ David Ebenstein 1/11/2012 Business Analysis Collect materials on trend in LCC penetration for US vs. Europe vs. Asia markets, develop

presentation materials on implication of US LCC penetration reaching EU levels on AMR EBITDAR

1.9 1,045.00$

David Ebenstein 1/11/2012 Business Analysis Revise "waterfall" analysis describing drivers of EBITDAR growth from 2011-17 under current model

1.4 770.00$

David Ebenstein 1/11/2012 Business Analysis Review 3rd party estimates of PRASM growth, OA capacity growth, yield growth to understand forecasts vs other 3rd party sources

1.4 770.00$

David Ebenstein 1/11/2012 Business Analysis Analyze McK capacity growth assumption vs. available 3rd party estimates 1.2 660.00$ David Ebenstein 1/11/2012 Business Analysis Create presentation materials (AMR PRASM vs. industry, US PRASM evolution) 1.2 660.00$ David Ebenstein 1/11/2012 Business Analysis Team problem solving session with McK team (J.Schottland, S. Walton, N. Jayasundaram, W.


David Ebenstein 1/11/2012 Business Analysis Review AMR materials on regional fleet expansion, outline presentation materials for team on AMR regional fleet build up and likely competitive response

1.1 605.00$

David Ebenstein 1/11/2012 Business Analysis Follow-up team problem solving session with McK team (J.Schottland, S. Walton, N. Jayasundaram) to align on key assumptions (e.g., capacity growth rate in 2014-27 timeframe)

1.1 605.00$

David Ebenstein 1/11/2012 Business Analysis Revise model to facilitate easier calculation of industry growth factors 0.8 440.00$ David Ebenstein 1/11/2012 Business Analysis Review industry capacity estimates provided by McKinsey research team 0.7 385.00$ Seth Walton 1/11/2012 Business Analysis Create "waterfall" analysis describing drivers of EBITDAR growth from 2011-17 under current

model2.5 1,250.00$

Seth Walton 1/11/2012 Business Analysis Compile additional 3rd party estimates of PRASM growth rates and send to team 1.5 750.00$ Seth Walton 1/11/2012 Business Analysis Walk through revenue model with A. Alexander (McK), E. Parsons (AMR) and members of

AMR team 1.5 750.00$

Seth Walton 1/11/2012 Business Analysis Analyze McK capacity growth assumption vs. available 3rd party estimates 1.2 600.00$ Seth Walton 1/11/2012 Business Analysis Team problem solving session with McK team (J.Schottland, D. Ebenstein, N. Jayasundaram,

W. Kersh) re: revenue assumptions1.1 550.00$

Seth Walton 1/11/2012 Business Analysis Follow-up team problem solving session with McK team (J.Schottland, D. Ebenstein, N. Jayasundaram) to align on key assumptions (e.g., capacity growth rate in 2014-27 timeframe)

1.1 550.00$

Seth Walton 1/11/2012 Business Analysis Follow up meeting with D. Casey (AMR) and team on progress reconciling revenue approaches

0.8 400.00$

Seth Walton 1/11/2012 Business Analysis Revise model to facilitate calculation of industry growth factors 0.8 400.00$ Seth Walton 1/11/2012 Business Analysis Consolidate and revise materials for follow-up problem solving session 0.8 400.00$ Seth Walton 1/11/2012 Business Analysis Prepare materials for afternoon problem solving discussion 0.6 300.00$ Seth Walton 1/11/2012 Business Analysis Follow up meeting with D. Casey (AMR) and team on industry assumptions in revenue model 0.6 300.00$

Andrea Alexander 1/11/2012 Business Analysis Reconcile model variables 3.0 1,350.00$

12 of 42




Name Date Task Code Description Time AmountAndrea Alexander 1/11/2012 Business Analysis Research impact of Wright Amendment online to determine if analysts have quantified

impact to AMR.2.5 1,125.00$

Andrea Alexander 1/11/2012 Business Analysis Answer questions that E. Parsons (AMR) has regarding the revenue model and the ability to transfer seats to ASMs accurately in the model.

2.0 900.00$

Andrea Alexander 1/11/2012 Business Analysis Meet with J. Ogden (AMR) to understand AMRs calculation of the Wright Amendment impact. Problem solve ways to estimate impact outside - in.

1.6 720.00$

Andrea Alexander 1/11/2012 Business Analysis Meet with E. Parsons (AMR) and S. Walton (McK) to review the revenue model 1.5 675.00$ Andrea Alexander 1/11/2012 Business Analysis Meet with A. Caple (AMR) regarding codeshare calculation 1.4 630.00$ Andrea Alexander 1/11/2012 Business Analysis Meet with D. Casey (AMR) E. Parsons (AMR) and J. Schottland (McK) to give status update for

the day and check out.1.3 585.00$

Aditya Bhatia 1/11/2012 Business Analysis Received new network plan 3.0; ran output through model to calculate annual ASMs and growth over time

2.3 954.50$

Aditya Bhatia 1/11/2012 Business Analysis Updated cost model, summarizing methodology for each cost area for meeting w/R. Solomon (AMR)

2.0 830.00$

Aditya Bhatia 1/11/2012 Business Analysis Adjusted network plan projections variables 1.8 747.00$ Aditya Bhatia 1/11/2012 Business Analysis Evaluated sensitivity to toggling fixed vs. variable cost metrics 1.4 581.00$ Aditya Bhatia 1/11/2012 Business Analysis Meeting w. R. Solomon (AMR) to pressure-test forecast methodology for 2012-2017 costs 1.2 498.00$

Aditya Bhatia 1/11/2012 Business Analysis Drafted presentation on CASM growth 2012-17 1.0 415.00$ Aditya Bhatia 1/11/2012 Business Analysis Adjusted labor unit cost growth to reflect seniority progression 0.9 373.50$ Aditya Bhatia 1/11/2012 Business Analysis Meeting w R. Solomon (AMR), P. Quayle (AMR) re: ASMs in the network plan, reconciliation to

2011 actuals, implied capacity growth rates through 20170.8 332.00$

Aditya Bhatia 1/11/2012 Business Analysis Drafted presentation on relative growth rates of regional vs. mainline AC 0.5 207.50$ Aditya Bhatia 1/11/2012 Business Analysis Updated cost model to reflect projected growth in AA passengers 0.3 124.50$ Aditya Bhatia 1/11/2012 Business Analysis Updated fuel costs for new aircraft 0.3 124.50$ Naveen Jayasundaram 1/11/2012 Business Analysis Identify traffic and RASM forecasts from 3rd party reports 1.8 585.00$ Naveen Jayasundaram 1/11/2012 Business Analysis Plot indexed chart of traffic growth forecasted by 5 sources 1.6 520.00$ Naveen Jayasundaram 1/11/2012 Business Analysis Create presentation on industry traffic demand growth, calculated totals using weighted

average of regions1.6 520.00$

Naveen Jayasundaram 1/11/2012 Business Analysis Calculate sensitivity on AA vs OA revenue gap to back into weightings for other major US carriers

1.2 390.00$

Naveen Jayasundaram 1/11/2012 Business Analysis Team problem solving session with McK team (J.Schottland, D. Ebenstein, S. Walton, W. Kersh) re: revenue assumptions

1.1 357.50$

Naveen Jayasundaram 1/11/2012 Business Analysis Follow-up team problem solving session with McK team (J.Schottland, D. Ebenstein, S. Walton) to align on key assumptions (e.g., capacity growth rate in 2014-27 timeframe)

1.1 357.50$

Naveen Jayasundaram 1/11/2012 Business Analysis Review historical GDP growth in excel to spot periods comparable to next 5 years, identify RASM trends in periods

1.1 357.50$

Naveen Jayasundaram 1/11/2012 Business Analysis Discuss AA vs OA revenue gap analysis with W. Kersh (McK) 0.6 195.00$ Naveen Jayasundaram 1/11/2012 Business Analysis Problem solving with J. Fisher (McK) regarding definitions of capacity and gauge and their

relationship to yield and revenue changes0.4 130.00$

William Kersh 1/11/2012 Business Analysis Prepare RASM calculation for regional and consolidated benchmarks 2.4 720.00$ William Kersh 1/11/2012 Business Analysis Prepare for and meet with E. Parsons (AMR) and J. Pirilla to discuss RASM calculation 2.3 690.00$ William Kersh 1/11/2012 Business Analysis Review analyst reports to extract RASM forecasts for presentation 1.5 450.00$ William Kersh 1/11/2012 Business Analysis Prepare RASM calculation presentation for mainline benchmarks 1.5 450.00$ William Kersh 1/11/2012 Business Analysis Analyze and prepare presentation illustrating RASM decline over time 1.2 360.00$ William Kersh 1/11/2012 Business Analysis Team problem solving session with McK team (J.Schottland, D. Ebenstein, S. Walton, W.


William Kersh 1/11/2012 Business Analysis Review AA methodology to calculate RASM gap 1.0 300.00$ William Kersh 1/11/2012 Business Analysis Problem solving with J. Fisher (McK) regarding RASM calculations, what to include and best

normalization approach0.7 210.00$

William Kersh 1/11/2012 Business Analysis Discuss AA vs OA revenue gap analysis with N. Jayasundaram(McK) 0.6 180.00$ John Fisher 1/11/2012 Business Analysis Form41 RASM calculations for AA versus peers, as reported, stage adjusted and stage+density

adjusted, for both mainline and consolidated2.1 525.00$

John Fisher 1/11/2012 Business Analysis Identification of nonstop segments where AA overlaps with competitor ranked higher in 2010 Skytrax report

1.6 400.00$

John Fisher 1/11/2012 Business Analysis Revisions to existing analysis of OA's 1.2 300.00$ John Fisher 1/11/2012 Business Analysis Problem solving with W. Kersh (McK) regarding RASM calculations, what to include and best

normalization approach0.7 175.00$

John Fisher 1/11/2012 Business Analysis Problem solving with C. Morrison (McK) regarding examples of, and method for showing, yield premium associated with superior product - adjusting existing analysis

0.6 150.00$

John Fisher 1/11/2012 Business Analysis Problem solving with N. Jayasundaram (McK) regarding definitions of capacity and gauge and their relationship to yield and revenue changes

0.4 100.00$

John Fisher 1/11/2012 Business Analysis Search for external sources of industry forecasts and forwarding to G. Fuchs (McK) 0.3 75.00$ John Fisher 1/11/2012 Business Analysis Searching files for elasticity presentation for D. Ebenstein (McK) 0.2 50.00$ Connor Morrison 1/11/2012 Business Analysis Problem solving with J. Fisher (McK) regarding examples of, and method for showing, yield

premium associated with superior product - adjusting existing analysis 0.6 150.00$

Guenter Fuchs 1/11/2012 Business Analysis Research on airline forecasts and demand elasticity 2.0 400.00$ Seth Goldstrom 1/12/2012 Business Analysis Phone conversation with A. Dichter (McK), J. Schottland (McK), D. Ebenstein (McK) discussing

revenue plan1.7 1,521.50$

Seth Goldstrom 1/12/2012 Business Analysis Conference call with McK team including E. Van Metre (McK), J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK) discussing updated supply and demand analysis

1.0 895.00$

13 of 42




Name Date Task Code Description Time AmountSeth Goldstrom 1/12/2012 Business Analysis Conference call with McK team including E. Van Metre (McK), J. Schottland (McK), D.

Ebenstein (McK), S. Walton (McK) discussing 2nd pass of revenue analysis with focus on Supply and Demand analysis

1.0 895.00$

Seth Goldstrom 1/12/2012 Business Analysis Conference call with D. Ebenstein(McK), W. Kersh (McK), E. Van Metre (McK) reviewing document for Monday's update meeting on plan

0.5 447.50$

Seth Goldstrom 1/12/2012 Business Analysis Conference call with D. Ebenstein (McK), S. Walton (McK), E. Van Metre (McK) discussing update to revenue forecast

0.5 447.50$

Seth Goldstrom 1/12/2012 Business Analysis Phone conversation with J. Schottland (McK) on plan for today 0.3 268.50$ Seth Goldstrom 1/12/2012 Business Analysis Phone conversation with J. Schottland (McK) discussing feedback on revenue analysis 0.3 268.50$

Seth Goldstrom 1/12/2012 Business Analysis Phone conversation with A. Dichter (McK) discussing V Vahidi (AMR) feedback and path forward

0.3 268.50$

Seth Goldstrom 1/12/2012 Business Analysis Phone conversation with A. Proshan (McK) discussing retention affidavit 0.3 268.50$ Evan Van Metre 1/12/2012 Business Analysis Team discussion on Model output and review with D. Dorton (McK) 1.3 1,163.50$ Evan Van Metre 1/12/2012 Business Analysis Conference call with McK team including S. Goldstrom (McK), J. Schottland (McK), D.

Ebenstein (McK), S. Walton (McK) discussing updated supply and demand analysis1.0 895.00$

Evan Van Metre 1/12/2012 Business Analysis Conference call with McK team including S. Goldstrom (McK), J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK) discussing 2nd pass of revenue analysis with focus on Supply and Demand analysis

1.0 895.00$

Evan Van Metre 1/12/2012 Business Analysis Conference call with D. Ebenstein(McK), W. Kersh (McK), S. Goldstrom (McK) reviewing document for Monday's update meeting on plan

0.5 447.50$

Evan Van Metre 1/12/2012 Business Analysis Conference call with S. Goldstrom (McK), S. Walton (McK), E. Van Metre (McK) discussing update to revenue forecast

0.5 447.50$

Alex Dichter 1/12/2012 Business Analysis Phone call with S. Goldstrom (McK), J. Schottland (McK) and D. Ebenstein (McK) to discuss revenue plan

1.7 1,615.00$

Alex Dichter 1/12/2012 Business Analysis Phone conversation with V Vahidi (AMR) re: revenue plan model 0.6 570.00$ Alex Dichter 1/12/2012 Business Analysis Internal call with J. Schottland (McK) and S. Walton (McK) on team's approach to demand

growth in "new segment" markets0.5 475.00$

Alex Dichter 1/12/2012 Business Analysis Meet with S. Walton (McK) to discuss current cost model and assumptions 0.4 380.00$ Alex Dichter 1/12/2012 Business Analysis Phone conversation with S. Goldstrom (McK) discussing V Vahidi (AMR) feedback and path

forward0.3 285.00$

Keith Williams 1/12/2012 Business Analysis Discussion with B. Goulet (AMR) re: creditor meetings today, future meetings, B. Plan. 0.8 560.00$

Keith Williams 1/12/2012 Business Analysis Conversation with C. Schillinger (AMR) and N. Safran (AMR) on due diligence requests 0.5 350.00$

Keith Williams 1/12/2012 Business Analysis Discussion with H. Parkhill (AMR)Rothschild re: B. plan, cash flow, BK admin items and creditors

0.4 280.00$

Joe Schottland 1/12/2012 Business Analysis Phone conversation with A. Dichter (McK), S. Goldstrom (McK), D. Ebenstein (McK) discussing revenue plan

1.7 1,215.50$

Joe Schottland 1/12/2012 Business Analysis Revenue model status update meeting with D. Casey (AMR) and team (S. Walton (McK) for portion)

1.5 1,072.50$

Joe Schottland 1/12/2012 Business Analysis Meeting with D.Casey (AMR) and team on revenue model and accounting for demand growth in "new segment" markets (A. Alexander (McK)

1.5 1,072.50$

Joe Schottland 1/12/2012 Business Analysis Evening McK team (D. Ebenstein, S. Walton) problem solving session to agree on approach to new segment demand, converting model from seats to ASMs, etc.

1.3 929.50$

Joe Schottland 1/12/2012 Business Analysis Conference call with McK team including S. Goldstrom (McK), E. Van Metre (McK), D. Ebenstein (McK), S. Walton (McK) discussing updated supply and demand analysis

1.0 715.00$

Joe Schottland 1/12/2012 Business Analysis Conference call with McK team including E. Van Metre (McK),S. Goldstrom (McK), D. Ebenstein (McK), S. Walton (McK) discussing 2nd pass of revenue analysis with focus on Supply and Demand analysis

1.0 715.00$

Joe Schottland 1/12/2012 Business Analysis Review industry capacity approach with A. Alexander (McK), E. Parsons (AMR), and D. Casey (AMR)

1.0 715.00$

Joe Schottland 1/12/2012 Business Analysis Meet with N. Jayasundaram (McK) to discuss current demand forecast drivers 1.0 715.00$ Joe Schottland 1/12/2012 Business Analysis Follow up meeting with D. Casey (AMR), S. Walton (McK)and team on approach to demand

growth in new segments0.8 572.00$

Joe Schottland 1/12/2012 Business Analysis Update industry PRASM growth logic (discussion with S. Walton (McK) and D. Ebenstein (McK) 0.7 500.50$

Joe Schottland 1/12/2012 Business Analysis Debrief A. Alexander (McK) on outcome of J. Fisher (McK) conversation. 0.6 429.00$ Joe Schottland 1/12/2012 Business Analysis Meeting with D. Casey (AMR) and team on revenue model and accounting for demand

growth in "new segment" markets (S. Walton (McK)0.5 357.50$

Joe Schottland 1/12/2012 Business Analysis Internal call with A. Dichter (McK) and S. Walton (McK) on team's approach to demand growth in "new segment" markets

0.5 357.50$

Joe Schottland 1/12/2012 Business Analysis Phone conversation with S. Goldstrom (McK) on plan for today 0.3 214.50$ Joe Schottland 1/12/2012 Business Analysis Phone conversation with S. Goldstrom (McK) discussing feedback on revenue analysis 0.3 214.50$

David Dorton 1/12/2012 Business Analysis Cost validation meeting with Santoro, Dupont, C. Irvin (AMR) on Airport operations 1.4 910.00$ David Dorton 1/12/2012 Business Analysis Team discussion on Model output and review with E. Van Metre (McK) 1.3 845.00$ David Dorton 1/12/2012 Business Analysis Cost validation meeting with Leibman (AMR), Moosman, and C. Irvin (AMR) on IT 1.1 715.00$ David Dorton 1/12/2012 Business Analysis Cost validation meeting with Nathani, Vanette, R. Solomon (AMR) on asset productivity (turn

time)1.0 650.00$

David Dorton 1/12/2012 Business Analysis Prep for IT cost validation meeting 0.8 520.00$ David Dorton 1/12/2012 Business Analysis Prep for Airport cost validation meeting 0.7 455.00$ David Ebenstein 1/12/2012 Business Analysis Phone conversation with A. Dichter (McK), S. Goldstrom (McK), J. Schottland (McK) discussing

revenue plan1.7 935.00$

14 of 42




Name Date Task Code Description Time AmountDavid Ebenstein 1/12/2012 Business Analysis Write section of presentation covering summary of key model drivers, inputs, and forecasts 1.6 880.00$

David Ebenstein 1/12/2012 Business Analysis Outline presentation document for Monday meeting for team, discuss analytical approach and presentation materials for each section

1.5 825.00$

David Ebenstein 1/12/2012 Business Analysis Evening Mck team (J. Schottland, S. Walton) problem solving session to agree on approach to new segment demand, converting model from seats to ASMs, etc.

1.3 715.00$

David Ebenstein 1/12/2012 Business Analysis Develop "short form" forecast model to use for model adjustments, explain model to team 1.1 605.00$

David Ebenstein 1/12/2012 Business Analysis Conference call with McK team including S. Goldstrom (McK), E. Van Metre (McK), J. Schottland (McK), S. Walton (McK) discussing updated supply and demand analysis

1.0 550.00$

David Ebenstein 1/12/2012 Business Analysis Write executive summary section of presentation document 0.8 440.00$ David Ebenstein 1/12/2012 Business Analysis Write presentation page outlining current AMR QSI, implications for trend in PRASM gap 0.8 440.00$

David Ebenstein 1/12/2012 Business Analysis Write presentation page comparing forecasts to historical trend and Wall Street expectations 0.7 385.00$

David Ebenstein 1/12/2012 Business Analysis Discussion with team (J. Schottland (McK) & S. Walton (McK))on updates to industry PRASM growth forecasting model

0.7 385.00$

David Ebenstein 1/12/2012 Business Analysis Conference call with S. Goldstrom(McK), S. Walton (McK), E. Van Metre (McK) discussing update to revenue forecast

0.5 275.00$

David Ebenstein 1/12/2012 Business Analysis Refine presentation outline based on feedback/comments from team 0.5 275.00$ David Ebenstein 1/12/2012 Business Analysis Write presentation page outling McKinsey approach for upcoming AMR leadership meeting 0.5 275.00$

Seth Walton 1/12/2012 Business Analysis Write draft document for Monday meeting (D. Ebenstein (McK) 2.2 1,100.00$ Seth Walton 1/12/2012 Business Analysis McK team (J. Schottland, D. Ebenstein, S. Walton) problem solving session to agree on

approach to new segment demand, converting model from seats to ASMs, etc.1.3 650.00$

Seth Walton 1/12/2012 Business Analysis Conference call with McK team including S. Goldstrom (McK), E. Van Metre (McK), D. Ebenstein (McK), J. Schottland (McK) discussing updated supply and demand analysis

1.0 500.00$

Seth Walton 1/12/2012 Business Analysis Conference call with McK team including E. Van Metre (McK), J. Schottland (McK), D. Ebenstein (McK), S. Goldstrom (McK) discussing 2nd pass of revenue analysis with focus on Supply and Demand analysis

1.0 500.00$

Seth Walton 1/12/2012 Business Analysis Meet with N. Jasundaram (McK) to discuss revenue model 1.0 500.00$ Seth Walton 1/12/2012 Business Analysis Follow up meeting with D. Casey (AMR), J. Schottland (McK), and team on approach to

demand growth in new segments0.8 400.00$

Seth Walton 1/12/2012 Business Analysis Update industry PRASM growth logic (discussion with D. Ebenstein (McK) & S. Walton (McK)) 0.7 350.00$

Seth Walton 1/12/2012 Business Analysis Conference call with S. Goldstrom(McK), D. Ebenstein (McK), E. Van Metre (McK) discussing update to revenue forecast

0.5 250.00$

Seth Walton 1/12/2012 Business Analysis Create draft presentation document (EBITDAR waterfall, process approach, etc.) 0.5 250.00$ Seth Walton 1/12/2012 Business Analysis Update industry PRASM growth logic (Excel model modifications) 0.5 250.00$ Seth Walton 1/12/2012 Business Analysis Revenue model status update meeting with D. Casey (AMR) and team (partial attendance) 0.5 250.00$

Seth Walton 1/12/2012 Business Analysis Meeting with D. Casey (AMR) and J. Schottland (McK) on revenue model and accounting for demand growth in "new segment" markets

0.5 250.00$

Seth Walton 1/12/2012 Business Analysis Internal call with A. Dichter (McK) and J. Schottland (McK) on team's approach to demand growth in "new segment" markets

0.5 250.00$

Seth Walton 1/12/2012 Business Analysis Meet with A. Dichter (McK) to discuss current cost model and assumptions 0.4 200.00$ Andrea Alexander 1/12/2012 Business Analysis Dig into the OA capacity model and start to highlight key assumptions made in the model. 2.5 1,125.00$

Andrea Alexander 1/12/2012 Business Analysis Reformat OA capacity model 2.0 900.00$ Andrea Alexander 1/12/2012 Business Analysis Meet with J. Fisher (McK) and C. Morrison (McK) to discuss current version of industry

capacity figures1.6 720.00$

Andrea Alexander 1/12/2012 Business Analysis Meeting with D.Casey (AMR) and team on revenue model and accounting for demand growth in "new segment" markets (J. Schottland (McK))

1.5 675.00$

Andrea Alexander 1/12/2012 Business Analysis Meet with E. Parsons (AMR) and D. Casey (AMR) and J. Schottland (McK) to answer questions regarding the revenue model.

1.0 450.00$

Andrea Alexander 1/12/2012 Business Analysis Debrief J. Schottland (McK) on outcome of J. Fisher (McK) conversation. 0.6 270.00$ Aditya Bhatia 1/12/2012 Business Analysis Drafted presentation materials on (a) overall operating cost, (b) CASM and (c ) capacity

growth over time for V. Raja 2.0 830.00$

Aditya Bhatia 1/12/2012 Business Analysis Forecast AE operating costs 2011-17 based on unit cost evolution and mix shift towards larger (70/90 seat) aircraft

1.9 788.50$

Aditya Bhatia 1/12/2012 Business Analysis Updated cost forecast model to reflect new aircraft ownership plans based on new network plan

1.8 747.00$

Aditya Bhatia 1/12/2012 Business Analysis Drafted cost forecast summary presentation for 1/16 progress review 1.6 664.00$ Aditya Bhatia 1/12/2012 Business Analysis Call w. E. Van Metre (McK), T. Fagan (McK), S. Goldstrom (McK), J. Schottland (McK), D.

Ebenstein (McK), S. Walton (McK) and working team re: revenue forecasts1.3 539.50$

Aditya Bhatia 1/12/2012 Business Analysis Updated cost forecast model to reflect non-driver-based business model savings initiatives 1.2 498.00$

Aditya Bhatia 1/12/2012 Business Analysis Evaluated industry data to establish relationship between CASMs by AC type for regional carriers

1.1 456.50$

Aditya Bhatia 1/12/2012 Business Analysis Developed methodology to estimate AE CASM by aircraft type 0.9 373.50$ Naveen Jayasundaram 1/12/2012 Business Analysis Create presentation on industry pax and capacity forecasts 1.4 455.00$ Naveen Jayasundaram 1/12/2012 Business Analysis Create network plan seat and ASM check tables to ensure projections flow in their entirety

through cells1.2 390.00$

15 of 42




Name Date Task Code Description Time AmountNaveen Jayasundaram 1/12/2012 Business Analysis Review raw data from F. Tan (AMR) used to perform gauge regressions, identify fields to use

for model1.2 390.00$

Naveen Jayasundaram 1/12/2012 Business Analysis Meet with S. Walton (McK) to discuss new responsibilities for revenue model 1.0 325.00$ Naveen Jayasundaram 1/12/2012 Business Analysis Import network plan 3.0 into latest AMR revenue model (w/ J. Schottland) 1.0 325.00$ Naveen Jayasundaram 1/12/2012 Business Analysis Create heat map presentationre: capacity additions 1.0 325.00$ Naveen Jayasundaram 1/12/2012 Business Analysis Meeting with F. Tan (AMR) to discuss methodology to isolate effect of gauge vs

supply/demand on AMR Revenue0.4 130.00$

Naveen Jayasundaram 1/12/2012 Business Analysis Discuss work items around modeling the effect of gauge with A. Alexander (McK) 0.2 65.00$ William Kersh 1/12/2012 Business Analysis Calculate RASM premium/(gap) to competitors 2.4 720.00$ William Kersh 1/12/2012 Business Analysis Prepare CASM and RASM report for AMR presentation 1.7 510.00$ William Kersh 1/12/2012 Business Analysis Prepare for and meet with J. Pirilla (AMR) and L. Olusanya (AMR) to discuss methodology to

calculate RASM premium/(gap)1.5 450.00$

William Kersh 1/12/2012 Business Analysis Review and comment on McK prepared industry cost deck on airline operating metrics 1.5 450.00$

William Kersh 1/12/2012 Business Analysis Prepare RASM calculation excluding density adjustment 0.6 180.00$ William Kersh 1/12/2012 Business Analysis Conference call with D. Ebenstein(McK), S. Goldstrom (McK), E. Van Metre (McK) reviewing

document for Monday's update meeting on plan0.5 150.00$

John Fisher 1/12/2012 Business Analysis Analysis of seat growth distribution over last three years and expected changes to growth distribution over forecast horizon

3.3 825.00$

John Fisher 1/12/2012 Business Analysis Conversion of net seat growth to specific aircraft units and estimation of deployment by region

2.3 575.00$

John Fisher 1/12/2012 Business Analysis Analyze legacy carrier capacity forecast, identify average annual fleet additions and subtractions by carrier and equipment type, 2009-2011

2.1 525.00$

John Fisher 1/12/2012 Business Analysis Problem solving with A. Alexander (McK) and C. Morrison (McK) regarding industry capacity methodology and carrier specific forecasts and impact of Wright Amendment

1.6 400.00$

John Fisher 1/12/2012 Business Analysis Analysis of legacy carrier capacity forecast 1.2 300.00$

John Fisher 1/12/2012 Business Analysis Analysis of individual carrier net seat growth by year (additions less subtractions) 1.2 300.00$ John Fisher 1/12/2012 Business Analysis Analysis of legacy carrier capacity forecast = summarization of data into annual growth rates

by carrier by region0.5 125.00$

John Fisher 1/12/2012 Business Analysis Email response to data requests from Ritter 0.4 100.00$ Connor Morrison 1/12/2012 Business Analysis Problem solving with A. Alexander (McK) and J. Fisher (McK) regarding industry capacity

methodology and carrier specific forecasts and impact of Wright Amendment1.6 400.00$

Guenter Fuchs 1/12/2012 Business Analysis Continued research on airline forecasts & analyst reports 2.0 400.00$ Seth Goldstrom 1/13/2012 Business Analysis Call with E. Van Metre (McK), A. Dichter, J. Schottland (McK), D. Ebenstein (McK), S. Walton

(McK), N. Jayasundaram (McK), W. Kersh (McK), A. Bhatia (McK) re: plan for the day0.5 447.50$

Seth Goldstrom 1/13/2012 Business Analysis Phone call with S. Walton (McK) on analyses to complete on evening of 1/13/12 0.1 89.50$ Seth Goldstrom 1/13/2012 Business Analysis Phone call with E. Van Metre (McK) to discuss meetings for over the weekend with AMR 0.1 89.50$

Evan Van Metre 1/13/2012 Business Analysis McK team (A. Dichter, J. Schottland, K. Williams, D. Ebenstein, S. Walton, W. Kersh) discussion on Model output

1.0 895.00$

Evan Van Metre 1/13/2012 Business Analysis Call with S. Goldstrom (McK), A. Dichter, J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK), N. Jayasundaram (McK), W. Kersh (McK), A. Bhatia (McK) re: plan for the day

0.5 447.50$

Evan Van Metre 1/13/2012 Business Analysis Phone call with S. Goldstrom (McK) to discuss meetings for over the weekend with AMR 0.1 89.50$

Alex Dichter 1/13/2012 Business Analysis Discussion regarding revenue plan outputs and latest revenue numbers with E. Van Metre (McK), A. Dichter (McK), S. Walton (McK), J. Schotland (McK), K. Williams (McK) D. Ebenstein (McK), and W. Kersh (McK)

1.0 950.00$

Alex Dichter 1/13/2012 Business Analysis Call with S. Goldstrom (McK), E. Van Metre (McK), J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK), A. Bhatia (McK), N. Jayasundaram, W. Kersh (McK), re: plan for the day

0.5 475.00$

Keith Williams 1/13/2012 Business Analysis Discussion with Business plan team (J. Schottland (McK), D. Ebenstin (McK), A. Bhatia (McK)) on numbers output

1.1 770.00$

Keith Williams 1/13/2012 Business Analysis McK team (E. Van Metre, A. Dichter, J. Schottland, D. Ebenstein, S. Walton, W. Kersh) discussion on Model output and presentation materials

1.0 700.00$

Joe Schottland 1/13/2012 Business Analysis Check and revise SPD analysis based on network plan 2.8 2,002.00$ Joe Schottland 1/13/2012 Business Analysis Review OA capacity forecasting outputs on plane 2.1 1,501.50$ Joe Schottland 1/13/2012 Business Analysis Discussion with Business plan team (D. Ebenstein (McK), K. Williams (McK), A. Bhatia (McK))

on numbers output1.1 786.50$

Joe Schottland 1/13/2012 Business Analysis McK team (E. Van Metre, A. Dichter, J. Schottland, D. Ebenstein, S. Walton, W. Kersh) discussion on Model output and presentation materials

1.0 715.00$

Joe Schottland 1/13/2012 Business Analysis Meeting with D. Casey (AMR) and team on revenue model progress (S. Walton (McK) for portion)

1.0 715.00$

Joe Schottland 1/13/2012 Business Analysis Prepare for team update call on model outputs 1.0 715.00$ Joe Schottland 1/13/2012 Business Analysis Review presentation materials for Saturday AM problem solving session 1.0 715.00$ Joe Schottland 1/13/2012 Business Analysis Call with S. Goldstrom (McK), A. Dichter, E. Van Metre (McK), D. Ebenstein (McK), S. Walton

(McK), N. Jayasundaram (McK), W. Kersh (McK), A. Bhatia (McK) re: plan for the day0.5 357.50$

Joe Schottland 1/13/2012 Business Analysis Review gauge impact analysis with S. Walton (McK) 0.5 357.50$

16 of 42




Name Date Task Code Description Time AmountJoe Schottland 1/13/2012 Business Analysis Call with A. Bhatia (McK), D. Ebenstein (McK), S. Walton (McK) and N. Jayasundaram (McK),

and W. Kersh (McK) to discuss progress review and updates to 1/16 AMR presentation 0.5 357.50$

David Dorton 1/13/2012 Business Analysis P&L cost analysis 2.3 1,495.00$ David Dorton 1/13/2012 Business Analysis Cost validation meeting on labor with E. Briggle (AMR), C. Irvin (AMR), and Moosman 1.3 845.00$ David Dorton 1/13/2012 Business Analysis Cost validation meeting on overhead with E. Briggle (AMR), C. Irvin (AMR), and Moosman 1.0 650.00$

David Dorton 1/13/2012 Business Analysis Cost validation meeting on purchasing with MacLain and C. Irvin (AMR) 0.8 520.00$ David Dorton 1/13/2012 Business Analysis Cost validation meeting on Reservations with Langford and C. Irvin (AMR) 0.7 455.00$ David Dorton 1/13/2012 Business Analysis Cost validation meeting on distribution with C. Irvin (AMR) 0.6 390.00$ David Dorton 1/13/2012 Business Analysis Created cost validation summary report 0.4 260.00$ David Ebenstein 1/13/2012 Business Analysis Review revised SPD analysis from team, provide comments & revisions 1.3 715.00$ David Ebenstein 1/13/2012 Business Analysis Review revised cost estimates, including impact of shift from AA to AE, provide comments to

team regarding necessary revisions1.2 660.00$

David Ebenstein 1/13/2012 Business Analysis Update presentation materials for Monday with latest model results 1.2 660.00$ David Ebenstein 1/13/2012 Business Analysis Discussion with Business plan team (J. Schottland (McK), K. Williams (McK), A. Bhatia (McK))

on numbers output1.1 605.00$

David Ebenstein 1/13/2012 Business Analysis McK team (A. Dichter, J. Schottland, K. Williams, E. Van Metre, S. Walton, W. Kersh) discussion on Model output

1.0 550.00$

David Ebenstein 1/13/2012 Business Analysis Compile and revise presentation pages from team 0.9 495.00$ David Ebenstein 1/13/2012 Business Analysis Update presentation materials for Saturday AM problem solving session 0.9 495.00$ David Ebenstein 1/13/2012 Business Analysis Review presentation materials on cost escalation 2013-1017, provide comments 0.8 440.00$ David Ebenstein 1/13/2012 Business Analysis Update presentation "outline" pages for Monday presentation document 0.6 330.00$ David Ebenstein 1/13/2012 Business Analysis Call with S. Goldstrom (McK), A. Dichter, J. Schottland (McK), S. Walton (McK), A. Bhatia (McK),

N. Jayasundaram (McK), W. Kersh (McK), E. Van Metre (McK) re: plan for the day0.5 275.00$

David Ebenstein 1/13/2012 Business Analysis Discuss updates to SPD mix and average fare analysis with S. Walton (McK) and N. Jayasundaram(McK)

0.5 275.00$

David Ebenstein 1/13/2012 Business Analysis Call with A. Bhatia (McK), J. Schottland (McK), S. Walton (McK) and N. Jayasundaram (McK), and W. Kersh (McK) to discuss progress review and updates to 1/16 AMR presentation

0.5 275.00$

David Ebenstein 1/13/2012 Business Analysis Review presentation page covering cost improvement initiatives 0.4 220.00$ Seth Walton 1/13/2012 Business Analysis Check and revise SPD analysis based on network plan v3 2.8 1,400.00$ Seth Walton 1/13/2012 Business Analysis Update presentation materials for Saturday AM problem solving session 1.7 850.00$ Seth Walton 1/13/2012 Business Analysis Update presentation materials for Monday with latest model results including "layers" (e.g.,

gauge, product improvement)1.6 800.00$

Seth Walton 1/13/2012 Business Analysis Complete gauge impact analysis with N. Jayasundaram (McK) 1.1 550.00$ Seth Walton 1/13/2012 Business Analysis Team update on model output (conference call) 0.9 450.00$ Seth Walton 1/13/2012 Business Analysis Review gauge impact analysis with J. Schottland (McK) 0.5 250.00$ Seth Walton 1/13/2012 Business Analysis Team conference call to agree on priorities for day 0.5 250.00$ Seth Walton 1/13/2012 Business Analysis Discuss updates to SPD mix and average fare analysis with D. Ebenstein (McK) and N.

Jayasundaram(McK)0.5 250.00$

Seth Walton 1/13/2012 Business Analysis Call with A. Bhatia (McK), J. Schottland (McK), D. Ebenstein (McK) and N. Jayasundaram (McK), and W. Kersh (McK) to discuss progress review and updates to 1/16 AMR presentation

0.5 250.00$

Seth Walton 1/13/2012 Business Analysis Meeting with D. Casey (AMR) and team on revenue model progress 0.4 200.00$ Seth Walton 1/13/2012 Business Analysis Follow-up team call to check progress on action items 0.4 200.00$ Seth Walton 1/13/2012 Business Analysis Phone call with S. Goldstrom (McK) on analyses to complete on evening of 1/13/12 0.1 50.00$ Andrea Alexander 1/13/2012 Business Analysis Disaggregate legacy carriers from OA capacity file. 1.9 855.00$ Andrea Alexander 1/13/2012 Business Analysis Estimate revenue associated with In flight entertainment. 1.5 675.00$ Andrea Alexander 1/13/2012 Business Analysis Estimate revenue associated with product improvements 1.5 675.00$ Andrea Alexander 1/13/2012 Business Analysis Discussion with A. Liu (AMR) regarding product enhancements that AMR expects to roll out by

20171.1 495.00$

Andrea Alexander 1/13/2012 Business Analysis Author presentation that highlight process used to quantify revenue model enhancements (e.g., Wright Amendment, Codeshare, JBA)

1.0 450.00$

Andrea Alexander 1/13/2012 Business Analysis Discussion with C. Morrison (McK) regarding process to pull revenue associated with product improvements

0.4 180.00$

Aditya Bhatia 1/13/2012 Business Analysis Created reconciliation of cost forecast with earlier numbers to capture changes in methodology / inputs / assumptions

2.4 996.00$

Aditya Bhatia 1/13/2012 Business Analysis Preparation of presentation materials for 1/16 progress review - CASM evolution 2011-13 1.8 747.00$

Aditya Bhatia 1/13/2012 Business Analysis Preparation of presentation materials for 1/16 progress review - impact of AA/AE mix shift on AMR CASM growth

1.6 664.00$

Aditya Bhatia 1/13/2012 Business Analysis Drafted presentation materials for 1/16 progress review - other cost categories and further savings areas

1.6 664.00$

Aditya Bhatia 1/13/2012 Business Analysis Preparation of presentation materials for 1/16 progress review - CASM evolution 2013-17 1.2 498.00$

Aditya Bhatia 1/13/2012 Business Analysis Discussion with Business plan team (J. Schottland (McK), D. Ebenstin (McK), K. Williams (McK)) on numbers output

1.1 456.50$

Aditya Bhatia 1/13/2012 Business Analysis Collected ASM seasonal adjustment data to send to S. Morris (AMR) 0.5 207.50$ Aditya Bhatia 1/13/2012 Business Analysis Call with S. Goldstrom (McK), A. Dichter, J. Schottland (McK), D. Ebenstein (McK), S. Walton

(McK), N. Jayasundaram (McK), W. Kersh (McK), E. Van Metre (McK) re: plan for the day0.5 207.50$

17 of 42




Name Date Task Code Description Time AmountAditya Bhatia 1/13/2012 Business Analysis Call w. J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK) and N. Jayasundaram (McK),

and W. Kersh (McK) to discuss progress review and updates to 1/16 AMR presentation 0.5 207.50$

Naveen Jayasundaram 1/13/2012 Business Analysis Restructure network plan and SPD sheet to use city pairs instead of airports 2.0 650.00$ Naveen Jayasundaram 1/13/2012 Business Analysis Distribute network plan seats and ASMs to calculate how SPDs and fares have changed 1.8 585.00$

Naveen Jayasundaram 1/13/2012 Business Analysis Calculate change in guage and fare impact from Francis' data 1.6 520.00$ Naveen Jayasundaram 1/13/2012 Business Analysis Spot check and summarize SPD mix and fare results 1.1 357.50$ Naveen Jayasundaram 1/13/2012 Business Analysis Problem solving call with A. Alexander (McK), S. Walton (McK), D. Ebenstein (McK), others on

analyses needed0.8 260.00$

Naveen Jayasundaram 1/13/2012 Business Analysis Connect file with SPDs and average fare by segment to list of segments from network plan 0.6 195.00$

Naveen Jayasundaram 1/13/2012 Business Analysis Call with S. Goldstrom (McK), A. Dichter, J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK), A. Bhatia (McK), W. Kersh (McK), E. Van Metre (McK) re: plan for the day

0.5 162.50$

Naveen Jayasundaram 1/13/2012 Business Analysis Extract specific segment passenger data to help with A. Alexander's (McK) revenue analysis 0.5 162.50$

Naveen Jayasundaram 1/13/2012 Business Analysis Call with A. Bhatia (McK), J. Schottland (McK), D. Ebenstein (McK) and S. Walton (McK), and W. Kersh (McK) to discuss progress review and updates to 1/16 AMR presentation

0.5 162.50$

William Kersh 1/13/2012 Business Analysis Analyze AA operating metrics for cost benchmarks 2.3 690.00$ William Kersh 1/13/2012 Business Analysis Request and review McK learning on IT metrics 2.1 630.00$ William Kersh 1/13/2012 Business Analysis McK team (A. Dichter, J. Schottland, K. Williams, E. Van Metre, S. Walton, D. Ebenstein)

discussion on Model output1.0 300.00$

William Kersh 1/13/2012 Business Analysis Call with G. Fuchs (Mck) to discuss airline benchmark learning 0.7 210.00$ William Kersh 1/13/2012 Business Analysis Review cost benchmark deck provided by G. Fuchs 0.7 210.00$ William Kersh 1/13/2012 Business Analysis Prepare labor expense presentation per request from C. Irvin (AMR) 0.7 210.00$ William Kersh 1/13/2012 Business Analysis Call with S. Goldstrom (McK), A. Dichter, J. Schottland (McK), D. Ebenstein (McK), S. Walton

(McK), A. Bhatia (McK), N. Jasundaram (McK), E. Van Metre (McK) re: plan for the day0.5 150.00$

William Kersh 1/13/2012 Business Analysis Call with A. Bhatia (McK), J. Schottland (McK), D. Ebenstein (McK) and S. Walton (McK), and N. Jayasundaram (McK) to discuss progress review and updates to 1/16 presentation

0.5 150.00$

Connor Morrison 1/13/2012 Business Analysis Discussion with A. Alexander (McK) regarding process to pull revenue associated with product improvements

0.4 100.00$

Guenter Fuchs 1/13/2012 Business Analysis CASM analysis 1.0 200.00$ Seth Goldstrom 1/14/2012 Business Analysis Conference call with E. Van Metre (McK), K. Williams (McK), S. Walton (McK), J. Schotland

(McK), D. Ebenstein (McK) on latest revenue numbers 0.8 716.00$

Seth Goldstrom 1/14/2012 Business Analysis Conference call with C. Irvin (AMR) and E. Van Metre (McK), S. Walton (McK), J. Schotland (McK), D. Ebenstein (McK) to review latest revenue numbers

0.7 626.50$

Seth Goldstrom 1/14/2012 Business Analysis Reviewing and editing updated business plan document 0.5 447.50$ Seth Goldstrom 1/14/2012 Business Analysis Reviewing emails sent by C. Irvin (AMR) 0.2 179.00$ Seth Goldstrom 1/14/2012 Business Analysis Call with J. Schottland (McK) getting his feedback on document 0.1 89.50$ Seth Goldstrom 1/14/2012 Business Analysis Debrief call with J. Schotland (McK) and S. Walton (McK) on next steps 0.1 89.50$ Evan Van Metre 1/14/2012 Business Analysis Conference call with S. Goldstrom (McK), K. Williams (McK), S. Walton (McK), J. Schotland

(McK), D. Ebenstein (McK) on latest revenue numbers 0.8 716.00$

Keith Williams 1/14/2012 Business Analysis Discussion regarding revenue plan out puts and presentation to C. Irvin (AMR) with S. Goldstrom (McK), E. Van Metre (McK), S. Walton (McK), J. Schotland (McK), D. Ebenstein (McK)

0.8 560.00$

Joe Schottland 1/14/2012 Business Analysis Update presentation materials for Sunday call with C. Irvin (AMR) 1.5 1,072.50$ Joe Schottland 1/14/2012 Business Analysis Update discussion with McK team on new entry and SPD modeling 1.1 786.50$ Joe Schottland 1/14/2012 Business Analysis Morning problem solving session with S. Goldstrom (McK), E. Van Metre (McK), S. Walton

(McK), K. Williams (McK), D. Ebenstein (McK) to discuss revenue model0.8 572.00$

Joe Schottland 1/14/2012 Business Analysis Call with S. Goldstrom (McK) on presentation feedback 0.1 71.50$ Joe Schottland 1/14/2012 Business Analysis Debrief call with S. Goldstrom (McK) and S. Walton (McK) on next steps 0.1 71.50$ David Ebenstein 1/14/2012 Business Analysis Update presentation for Sunday 1/15 meeting with C. Irvin (AMR) 1.6 880.00$ David Ebenstein 1/14/2012 Business Analysis Review AMR JB/Codeshare value estimates, create page outlining model sensitivity to

JBA/Codeshare assumption0.9 495.00$

David Ebenstein 1/14/2012 Business Analysis Morning problem solving session with S. Goldstrom (McK), E. Van Metre (McK), S. Walton (McK), K. Williams (McK), J. Schottland (McK) to discuss revenue model

0.8 440.00$

David Ebenstein 1/14/2012 Business Analysis Follow up discussion with S. Walton (McK) on approach to modeling new segment revenue 0.7 385.00$

Seth Walton 1/14/2012 Business Analysis Update presentation materials for call with C. Irvin (AMR) (includes model revisions) 2.2 1,100.00$ Seth Walton 1/14/2012 Business Analysis Morning problem solving session with S. Goldstrom (McK), E. Van Metre (McK), D. Ebenstein

(McK), K. Williams (McK), J. Schottland (McK) to discuss revenue model and plan0.8 400.00$

Seth Walton 1/14/2012 Business Analysis Follow up discussion with D. Ebenstein (McK) on approach to modeling new segment revenue 0.7 350.00$

Seth Walton 1/14/2012 Business Analysis Debrief call with J. Schotland (McK) and S. Goldstrom (McK) on next steps 0.1 50.00$ Andrea Alexander 1/14/2012 Business Analysis revise OA Capacity model for client review 2.3 1,035.00$ Andrea Alexander 1/14/2012 Business Analysis Check formulas in OA Capacity Model to ensure links are sound 2.2 990.00$ Seth Goldstrom 1/15/2012 Business Analysis Call with C. Irvin (AMR) and McK team (E. Van Metre, D. Dorton, J. Schottland, D. Ebenstein, S.

Walton, A. Alexander) on forecasts0.6 537.00$

Seth Goldstrom 1/15/2012 Business Analysis Call with E. Van Metre (McK) on comparing plan numbers 0.3 268.50$

18 of 42




Name Date Task Code Description Time AmountSeth Goldstrom 1/15/2012 Business Analysis Call with J. Schottland (McK) discussing C. Irvin (AMR) request on revenue forecasts 0.2 179.00$ Seth Goldstrom 1/15/2012 Business Analysis Reviewing emails sent by V. Vahidi (AMR) 0.2 179.00$ Seth Goldstrom 1/15/2012 Business Analysis Reviewing cost reconciliation emails 0.2 179.00$ Seth Goldstrom 1/15/2012 Business Analysis Conversation with J. Schottland (McK) on ancillary revenue 0.2 179.00$ Seth Goldstrom 1/15/2012 Business Analysis Call with S. Walton (McK) to discuss how to compare revenue analysis 0.1 89.50$ Seth Goldstrom 1/15/2012 Business Analysis Call with S. Walton (McK) on comparing numbers 0.1 89.50$ Evan Van Metre 1/15/2012 Business Analysis Discussion with C. Irvin (AMR) and McK Team (S. Goldstrom, D. Dorton, J. Schottland, D.

Ebenstein, S. Walton, A. Alexander) on Rev Model0.6 537.00$

Evan Van Metre 1/15/2012 Business Analysis Call with S. Goldstrom (McK) on comparing plan numbers 0.3 268.50$ Joe Schottland 1/15/2012 Business Analysis Reconcile latest model output against results from AMR macro model 1.1 786.50$ Joe Schottland 1/15/2012 Business Analysis Call with C. Irvin (AMR) and McK team (E. Van Metre, D. Dorton, S. Goldstrom, D. Ebenstein, S.

Walton, A. Alexander) to discuss latest model output0.6 429.00$

Joe Schottland 1/15/2012 Business Analysis Call with C. Irvin (AMR) and McK team (D. Ebenstein, S. Walton) to discuss reconciliation progress

0.5 357.50$

Joe Schottland 1/15/2012 Business Analysis Call with S Goldstrom (Mck) to discuss C Irvin's request on revenue 0.2 143.00$ David Dorton 1/15/2012 Business Analysis McK call (S. Goldstrom, E. Van Metre, J. Schottland, D. Ebenstein, S. Walton, A. Alexander) on

the draft document with Irvin - update document0.6 390.00$

David Ebenstein 1/15/2012 Business Analysis Review AMR revenue management team forecast presentation, provide comments to McK team & outline questions for AMR

0.9 495.00$

David Ebenstein 1/15/2012 Business Analysis Review revised AMR revenue management team's forecast, compare to forecasts by year 0.7 385.00$

David Ebenstein 1/15/2012 Business Analysis Call with C. Irvin (AMR) and McK team (E. Van Metre, D. Dorton, J. Schottland, S. Goldstrom, S. Walton, A. Alexander) to discuss latest model output

0.6 330.00$

David Ebenstein 1/15/2012 Business Analysis Call with C. Irvin (AMR) and McK team (J. Schottland, S. Walton) to discuss model reconciliation

0.5 275.00$

David Ebenstein 1/15/2012 Business Analysis Review and revise outstanding AMR requests, plan for 1/16 0.5 275.00$ David Ebenstein 1/15/2012 Business Analysis Call with S. Walton (McK) and A. Bhatia (McK) to discuss cost reconciliation 0.4 220.00$ David Ebenstein 1/15/2012 Business Analysis Call with S. Walton (McK) and A. Bhatia (McK) to discuss updated cost forecast 0.4 220.00$ Seth Walton 1/15/2012 Business Analysis Analyze recent AMR projection to reconcile against forecast model 1.2 600.00$ Seth Walton 1/15/2012 Business Analysis Reconcile latest model output against results from AMR macro model 1.1 550.00$ Seth Walton 1/15/2012 Business Analysis Call with C. Irvin (AMR) and McK team (E. Van Metre, D. Dorton, J. Schottland, S. Goldstrom,

D. Ebenstein, A. Alexander to discuss updated forecast0.6 300.00$

Seth Walton 1/15/2012 Business Analysis Call with C. Irvin (AMR) and McK team (J. Schottland, D. Ebenstein) to discuss latest model output

0.5 250.00$

Seth Walton 1/15/2012 Business Analysis Call with C. Irvin (AMR) to discuss reconciliation progress 0.5 250.00$ Seth Walton 1/15/2012 Business Analysis Call with D. Ebenstein (McK) and A. Bhatia (McK) to discuss cost reconciliation 0.4 200.00$ Seth Walton 1/15/2012 Business Analysis Call with D. Ebenstein (McK) and A. Bhatia (McK) to discuss updated cost forecast 0.4 200.00$ Seth Walton 1/15/2012 Business Analysis Draft email summarizing revenue reconciliation results 0.3 150.00$ Seth Walton 1/15/2012 Business Analysis Draft follow-up email summarizing cost reconciliation results 0.3 150.00$ Seth Walton 1/15/2012 Business Analysis Call with S Goldstrom (Mck) to discuss revenue output 0.1 50.00$ Seth Walton 1/15/2012 Business Analysis Call with S. Goldstrom (McK) on comparing numbers 0.1 50.00$ Andrea Alexander 1/15/2012 Business Analysis Continue to simplify OA Capacity model to ensure clients can understand it 1.9 855.00$ Andrea Alexander 1/15/2012 Business Analysis Call with C. Irvin (AMR) and full McK team (E. Van Metre, D. Dorton, J. Schottland, S.

Goldstrom, D. Ebenstein, S. Walton) to discuss deliverables 0.6 270.00$

Aditya Bhatia 1/15/2012 Business Analysis Compared McK cost model forecast to business plan model forecast 1.0 415.00$ Aditya Bhatia 1/15/2012 Business Analysis Call with D. Ebenstein (McK) and S. Walton (McK) to discuss cost reconciliation 0.4 166.00$ Aditya Bhatia 1/15/2012 Business Analysis Call with D. Ebenstein (McK) and S. Walton (McK) to discuss updated cost forecast 0.4 166.00$ Seth Goldstrom 1/16/2012 Business Analysis Prep for session with AMR senior team 1.0 895.00$ Seth Goldstrom 1/16/2012 Business Analysis Call with Rothschild and J Schottland (mck) to review latest forecasts 1.0 895.00$ Seth Goldstrom 1/16/2012 Business Analysis Meeting with team (Ebenstein and Walton (MCK)) to discuss priorities and work plan 1.0 895.00$ Seth Goldstrom 1/16/2012 Business Analysis Meeting with K. Williams (McK) on schedule for process 0.7 626.50$ Seth Goldstrom 1/16/2012 Business Analysis Meeting with C. Irvin (AMR) to discuss priorities 0.7 626.50$ Seth Goldstrom 1/16/2012 Business Analysis Meeting with D. Ebenstein (McK) on assumption analysis 0.6 537.00$ Seth Goldstrom 1/16/2012 Business Analysis Weekly adviser call 0.5 447.50$ Seth Goldstrom 1/16/2012 Business Analysis Discussion with J. Schotland (McK) and D. Ebenstein (McK) on next steps and comparing

numbers with AMR forecast0.5 447.50$

Seth Goldstrom 1/16/2012 Business Analysis Review and revise cost reduction analysis 0.5 447.50$ Seth Goldstrom 1/16/2012 Business Analysis Meeting with D. Dorton (McK) to review cost reduction initiatives 0.5 447.50$ Seth Goldstrom 1/16/2012 Business Analysis Discussion with S. Walton (McK) on latest numbers 0.4 358.00$ Keith Williams 1/16/2012 Business Analysis Reconciliation of cash flow reporting as requested by Mesirow and Moelis 1.6 1,120.00$ Keith Williams 1/16/2012 Business Analysis Review analysis on OA and Wright Amendment and other data request 0.9 630.00$ Keith Williams 1/16/2012 Business Analysis Review cash flow questions presented by Moelis and Mesirow 0.8 560.00$ Keith Williams 1/16/2012 Business Analysis Conversation with B. Goulet (AMR) and C. Irvin (AMR) re: creditor meeting and BOD meeting 0.8 560.00$

Keith Williams 1/16/2012 Business Analysis Discussion with S. Goldstrom (McK) regarding schedule and process 0.7 490.00$ Keith Williams 1/16/2012 Business Analysis Call with H. Parkhill (Roths) re: creditors meeting and BOD meeting 0.6 420.00$ Keith Williams 1/16/2012 Business Analysis Follow up with T. Matteo (AMR) on upcoming forecast 0.6 420.00$ Keith Williams 1/16/2012 Business Analysis Conversation with H. Parkhill (Roths) re: BOD presentation and Revenue plan 0.4 280.00$ Joe Schottland 1/16/2012 Business Analysis Modify revenue forecast based on feedback from AMR 1.6 1,144.00$ Joe Schottland 1/16/2012 Business Analysis Develop back-up to AMR presentation 1.3 929.50$ Joe Schottland 1/16/2012 Business Analysis Update revenue forecast presentation for rescheduled V Vahidi (AMR) meeting 1.2 858.00$ Joe Schottland 1/16/2012 Business Analysis Meeting/Call with C. Irvin (AMR) , B. Goulet (AMR), Vahidi (AMR) and McK team (S. Goldstrom,

S. Walton, D. Ebenstein)1.1 786.50$

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Name Date Task Code Description Time AmountJoe Schottland 1/16/2012 Business Analysis Call with Rothschild team (H. Parhill, Y. Choi, M. Chou, etc.) and S Goldstom (Mck), D

Ebenstein (MCK), Walton (Mck) to discuss current status of revenue projection and implications for financial models

1.1 786.50$

Joe Schottland 1/16/2012 Business Analysis Analyze AMR and McK revenue forecasting approach 1.1 786.50$ Joe Schottland 1/16/2012 Business Analysis Meeting with S. Walton (McK), A. Alexander (McK) and D. Casey (AMR) and team (AMR) to

compare and reconcile revenue forecast1.0 715.00$

Joe Schottland 1/16/2012 Business Analysis Team problem solving session S. Walton (McK), A. Alexander (McK) on reorganization of OA capacity forecast

0.9 643.50$

Joe Schottland 1/16/2012 Business Analysis Meeting with S. Goldstrom (McK) and D. Ebenstein (McK) on next steps 0.9 643.50$ Joe Schottland 1/16/2012 Business Analysis Prepare analysis on various revenue assumptions 0.8 572.00$ Joe Schottland 1/16/2012 Business Analysis Review and revise updated presentation materials for AMR presentations 0.6 429.00$ David Dorton 1/16/2012 Business Analysis Create data request for IT 1.6 1,040.00$ David Dorton 1/16/2012 Business Analysis Benefits meeting with Anderson (AMR) - medical, WC 1.2 780.00$ David Dorton 1/16/2012 Business Analysis Contracts meeting with J. Maclean (AMR) - review 3rd party spend 1.1 715.00$ David Dorton 1/16/2012 Business Analysis Marketing meeting with Friedman(AMR), Wilbins (AMR), and Cox (AMR) - review ad spend 0.9 585.00$

David Dorton 1/16/2012 Business Analysis IT meeting with Langenbahn (AMR) - IT contract spend and productivity 0.9 585.00$ David Dorton 1/16/2012 Business Analysis Catering meeting with A. Liu (AMR) - logistics, food 0.9 585.00$ David Dorton 1/16/2012 Business Analysis Facilities meeting with Tekeltz (AMR) 0.8 520.00$ David Dorton 1/16/2012 Business Analysis Conversation with S Goldstrom (MCK) re Cost Initiatives 0.5 325.00$ David Ebenstein 1/16/2012 Business Analysis Create presentation page outlining differences in McK and AMR revenue forecasting

approach, areas for further diligence1.2 660.00$

David Ebenstein 1/16/2012 Business Analysis Outline additional analyses/tests of base case model (change in corporate sales mix, impact of Oa's

1.1 605.00$

David Ebenstein 1/16/2012 Business Analysis Call with Rothschild and S Goldstrom (Mck), S Walton (Mck)and J Schottland (Mck) re: strategy, timeline of restructuring process

1.1 605.00$

David Ebenstein 1/16/2012 Business Analysis Meeting with C. Irvin (AMR), R. Solomon (AMR) prep for Meetings with AMR mgmt 1.0 550.00$ David Ebenstein 1/16/2012 Business Analysis Preparation of presentation materials for meeting with AMR team 0.9 495.00$ David Ebenstein 1/16/2012 Business Analysis Discuss work plan for week with S Goldstom (Mck) and J Schottland (mck) 0.9 495.00$ David Ebenstein 1/16/2012 Business Analysis Prepare and revise presentation materials for meeting with AMR Team 0.8 440.00$ David Ebenstein 1/16/2012 Business Analysis Discussion with J. Schotland (McK) and S. Goldstrom (McK) on next steps and comparing

numbers with AMR forecast0.5 275.00$

David Ebenstein 1/16/2012 Business Analysis Discuss approach to modeling various assumptions with S. Goldstrm (McK) 0.4 220.00$ Seth Walton 1/16/2012 Business Analysis Update presentation materials for revenue model presentations 1.8 900.00$ Seth Walton 1/16/2012 Business Analysis Modify revenue forecast based on feedback from AMR 1.6 800.00$ Seth Walton 1/16/2012 Business Analysis Update revenue presentation for AMR Team 1.3 650.00$ Seth Walton 1/16/2012 Business Analysis Update revenue forecast presentation for AMR team meeting 1.2 600.00$ Seth Walton 1/16/2012 Business Analysis Meeting/Call with C. Irvin (AMR) , B. Goulet (AMR), Vahidi (AMR) and McK team (S. Goldstrom,

J. Schottland, D. Ebenstein)1.1 550.00$

Seth Walton 1/16/2012 Business Analysis Meeting with J. Schottland (McK), A. Alexander (McK) and D. Casey (AMR) and team (AMR) to compare and reconcile revenue forecast

1.0 500.00$

Seth Walton 1/16/2012 Business Analysis Call with Rothschild team (H. Parhill, Y. Choi, M. Chou, etc.) to discuss current status of revenue projection and implications for financial models

1.0 500.00$

Seth Walton 1/16/2012 Business Analysis Team problem solving session (J. Schottland (McK), A. Alexander (McK)) on reorganization of OA capacity forecast

0.9 450.00$

Seth Walton 1/16/2012 Business Analysis Discussion with S Goldstrom (Mck) on latest model results 0.4 200.00$ Andrea Alexander 1/16/2012 Business Analysis Reformat OA capacity model to include explanations for the user. 2.9 1,305.00$ Andrea Alexander 1/16/2012 Business Analysis Analyze ways to combine the OA forecast and legacy airline forecast models. 1.5 675.00$ Andrea Alexander 1/16/2012 Business Analysis Review OA forecast model to understand current process used to estimate capacity of other

airlines.1.3 585.00$

Andrea Alexander 1/16/2012 Business Analysis Meeting with S. Walton (McK), A. Alexander (McK) and D. Casey (AMR) and team (AMR) to compare and reconcile revenue forecast

1.0 450.00$

Andrea Alexander 1/16/2012 Business Analysis Created result summary, discussed on incorporating into deck with N. Jayasundaram (McK) 0.8 360.00$

Andrea Alexander 1/16/2012 Business Analysis Discuss analysis on wide vs narrow body growth in network plan with N. Jayasundaram (McK) 0.4 180.00$

Aditya Bhatia 1/16/2012 Business Analysis Updated cost model to account for reduction in variable compensation with lower revenue 2.1 871.50$

Aditya Bhatia 1/16/2012 Business Analysis Evaluated output of cost model forecast 1.9 788.50$ Aditya Bhatia 1/16/2012 Business Analysis Updated cost model to account for business model savings specific to Eagle operations 1.7 705.50$

Aditya Bhatia 1/16/2012 Business Analysis Gather and analyze data on aircraft utilization for cost impact analysis 1.4 581.00$ Aditya Bhatia 1/16/2012 Business Analysis Adjusted Eagle ASMs for 2011 based on actual vs. target utilization 1.3 539.50$ Aditya Bhatia 1/16/2012 Business Analysis Meeting w R. Solomon (AMR) cost modeling 0.4 166.00$ Naveen Jayasundaram 1/16/2012 Business Analysis Created allocation of traffic from network plan to geographies across 2012 through 2017 2.2 715.00$

Naveen Jayasundaram 1/16/2012 Business Analysis Create presentation on rationale and calculations behind fare growth assumption 1.8 585.00$ Naveen Jayasundaram 1/16/2012 Business Analysis Analyze various traffic reaching assumptions of total AMR traffic in contrast with expectation 1.6 520.00$

Naveen Jayasundaram 1/16/2012 Business Analysis Discuss analysis on wide vs narrow body growth in network plan with A. Alexander (McK) 0.8 260.00$

Naveen Jayasundaram 1/16/2012 Business Analysis Look definition of wide vs narrow body (single vs 2-aisle) from OEM reports 0.8 260.00$ Naveen Jayasundaram 1/16/2012 Business Analysis Discuss traffic by geography allocation with C. Morrison (McK) 0.6 195.00$

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Name Date Task Code Description Time AmountNaveen Jayasundaram 1/16/2012 Business Analysis Created result summary, discussed on incorporating into deck with A. Alexander (McK) 0.4 130.00$

William Kersh 1/16/2012 Business Analysis Prepare benchmarking of AA vs OA operating metrics for on-time/turn time performance 2.6 780.00$

William Kersh 1/16/2012 Business Analysis Review variance between AA and OA benchmarks 2.4 720.00$ William Kersh 1/16/2012 Business Analysis Prepare benchmarking of AA vs OA operating metrics for hub cities performance 2.3 690.00$ William Kersh 1/16/2012 Business Analysis Review McK prepared airline presentation that benchmark OA on-time performance 1.2 360.00$ William Kersh 1/16/2012 Business Analysis Call with G. Fuchs (McK) to discuss airline benchmark learning 0.7 210.00$ Connor Morrison 1/16/2012 Business Analysis Discuss traffic by geography allocation with N. Jayasundaram (McK) 0.6 150.00$ Seth Goldstrom 1/17/2012 Business Analysis Meeting with D. Dorton (McK) and AMR purchasing team on process to identify savings 1.1 984.50$

Seth Goldstrom 1/17/2012 Business Analysis Conference call with K. Williams (McK), J Schottland and Rothschild on latest numbers and path forward

1.1 984.50$

Seth Goldstrom 1/17/2012 Business Analysis Meeting with V. Raja (AMR) and his team, Schottland (Mck), Ebenstein (mck) to discuss corporate and alliance analysis

1.0 895.00$

Seth Goldstrom 1/17/2012 Business Analysis Meeting with S. Walton (McK) and D. Ebenstein (McK) on prasm numbers 0.5 447.50$ Seth Goldstrom 1/17/2012 Business Analysis Team problem solving with J. Schotland (McK), S. Walton (McK), D. Ebenstein (McK) on next

two day priorities0.5 447.50$

Seth Goldstrom 1/17/2012 Business Analysis Call with A. Dichter (McK) to discuss yield and OA capacity 0.2 179.00$ Seth Goldstrom 1/17/2012 Business Analysis Meeting with K. Williams (McK) on priorities 0.2 179.00$ Seth Goldstrom 1/17/2012 Business Analysis Review doc for AMR meeting on revenue model 0.2 179.00$ Evan Van Metre 1/17/2012 Business Analysis Meeting with D. Ebenstein (McK) and Schottland (Mck) on approach to modeling assumptions 0.8 716.00$

Alex Dichter 1/17/2012 Business Analysis Call with S. Goldstrom (McK), J. Schottland (McK) and D. Ebenstein (McK) to discuss OA Capacity and yield considerations

0.2 190.00$

Keith Williams 1/17/2012 Business Analysis Detailed review of business model assumptions and output 1.7 1,190.00$ Keith Williams 1/17/2012 Business Analysis Follow up with H. Parkhill (Roths), Goldstrom (Mck) and Schottland (Mck)on business plan

implications related to cash flow and leverage1.1 770.00$

Keith Williams 1/17/2012 Business Analysis Call with Mck Team and Rothschild team to go over revenue plan, cost items and next steps 0.9 630.00$

Keith Williams 1/17/2012 Business Analysis Reviewed deck for meeting with AMR team members 0.8 560.00$ Keith Williams 1/17/2012 Business Analysis Conversation with M. Chou(Roths) and H. Parkhill (Roths) on upcoming key milestones and

necessary next steps to achieve them0.8 560.00$

Keith Williams 1/17/2012 Business Analysis Reviewed and revised BOD deck at client request 0.4 280.00$ Keith Williams 1/17/2012 Business Analysis Review material for Rothschild meeting re: revenue plan and certain expenses items 0.2 140.00$ Keith Williams 1/17/2012 Business Analysis Meeting with S. Goldstrom (McK) on priorities 0.2 140.00$ Joe Schottland 1/17/2012 Business Analysis Develop back-up analysis and information for AMR team meeting 1.5 1,072.50$ Joe Schottland 1/17/2012 Business Analysis Review historical PRASM, yield and fuel data for nominal yield methodology 1.5 1,072.50$ Joe Schottland 1/17/2012 Business Analysis Meet with D. Casey (AMR)'s team to discuss applicability of our OA capacity forecast to their

methodology1.2 858.00$

Joe Schottland 1/17/2012 Business Analysis Call with J. Fisher (McK)and A Alexander (McK) regarding the combination of the OA forecast and legacy airline forecast models.

1.1 786.50$

Joe Schottland 1/17/2012 Business Analysis Meeting with AMR team (V. Raja (Amr), Goldstrom (Mck), Ebenstein (mck) and A Bhatia (mck)and on approach to modeling various assumptions

1.0 715.00$

Joe Schottland 1/17/2012 Business Analysis Discussion with C Irvin (AMR) on various key assumptions 1.0 715.00$ Joe Schottland 1/17/2012 Business Analysis Growth projections benchmark reviews and revisions 1.0 715.00$ Joe Schottland 1/17/2012 Business Analysis Review OA capacity forecast with A. Alexander (McK) and S Walton (Mck) 0.8 572.00$ Joe Schottland 1/17/2012 Business Analysis Meeting with E. Van Metre (McK) and D Ebenstein (Mck) on approach to modeling

sensitivities0.7 500.50$

Joe Schottland 1/17/2012 Business Analysis Review revenue model presentation with S. Walton (McK) 0.7 500.50$ Joe Schottland 1/17/2012 Business Analysis Call with Rothschild and S Goldstrom (Mck), K Williams (mck) re: timeline, implications of

financial model (partial attendance)0.6 429.00$

Joe Schottland 1/17/2012 Business Analysis Review AMR Wright Amendment impact estimate 0.6 429.00$ Joe Schottland 1/17/2012 Business Analysis Discussion with Goldstrom (McK), S. Walton (McK), D. Ebenstein (McK) on next two day

priorities0.5 357.50$

Joe Schottland 1/17/2012 Business Analysis Review AMR's Wright amendment timing materials 0.5 357.50$ Joe Schottland 1/17/2012 Business Analysis Call with A. Dichter (McK) to discuss yield and OA capacity 0.3 214.50$ David Dorton 1/17/2012 Business Analysis Cost benchmarking analysis with W. Kersh (McK) 2.4 1,560.00$ David Dorton 1/17/2012 Business Analysis Industry benchmarking on maintenance and procurement 2.2 1,430.00$ David Dorton 1/17/2012 Business Analysis Contracts meeting with J. Maclean (AMR) and S Goldstrom (Mck) - review 3rd party spend 1.1 715.00$

David Dorton 1/17/2012 Business Analysis Overhead meeting with Gribbons (AMR) 1.0 650.00$ David Dorton 1/17/2012 Business Analysis Airport meeting with Sullivan and Santoro (both AMR) - review initiatives 0.9 585.00$ David Ebenstein 1/17/2012 Business Analysis Create presentation page outlining model approach for assomption set, with data required

from AMR1.4 770.00$

David Ebenstein 1/17/2012 Business Analysis Meeting with V. Raja (AMR) and his team, Schottland (Mck), Goldstrom (Mck) and A Bhatia (Mck) to discuss certain alliance analysis

1.0 550.00$

David Ebenstein 1/17/2012 Business Analysis Meeting with E. Van Metre (McK) on approach to modeling sensitivities 0.8 440.00$ David Ebenstein 1/17/2012 Business Analysis Review approach to modeling various assumptions with A. Bhatia (McK) 0.7 385.00$ David Ebenstein 1/17/2012 Business Analysis Call with Rothschild and Mck Team (Goldstrom, Williams, Schottland)re: timeline, implications

of financial model (partial attendance)0.6 330.00$

David Ebenstein 1/17/2012 Business Analysis Meeting with S. Goldstrom (McK) and S. Walton (McK) on prasm numbers 0.5 275.00$ David Ebenstein 1/17/2012 Business Analysis Discussion with Goldstrom (McK), S. Walton (McK), J Schottland (McK) on next two day


21 of 42




Name Date Task Code Description Time AmountDavid Ebenstein 1/17/2012 Business Analysis Meeting w J. Schottland (McK), S Walton (McK), A. Bhatia (McK) re: progress update and

planning0.3 165.00$

David Ebenstein 1/17/2012 Business Analysis Call with A. Dichter (McK) to discuss yield and OA capacity 0.2 110.00$ Abhi Bhatnagar 1/17/2012 Business Analysis Pre-read of AMR IT executive presentation 1.2 630.00$ Seth Walton 1/17/2012 Business Analysis Continue to revise revenue forecast presentation for Verasb meeting 1.2 600.00$ Seth Walton 1/17/2012 Business Analysis Create analyses and charts comparing AMR traffic forecast to third party estimates 1.2 600.00$ Seth Walton 1/17/2012 Business Analysis Disaggregate latest revenue forecast into a "waterfall" chart 1.2 600.00$ Seth Walton 1/17/2012 Business Analysis Search for applicable industry capacity forecast data 1.0 500.00$ Seth Walton 1/17/2012 Business Analysis Search for applicable traffic forecast comparison data 0.9 450.00$ Seth Walton 1/17/2012 Business Analysis Consolidate all updates to revenue forecast into presentation (for D. Casey (AMR) meeting) 0.8 400.00$

Seth Walton 1/17/2012 Business Analysis Review presentation for AMR with J Schottland 0.7 350.00$ Seth Walton 1/17/2012 Business Analysis Create analyses and charts comparing AMR capacity forecast to third party estimates 0.7 350.00$ Seth Walton 1/17/2012 Business Analysis Review OA presentation with J. Schottland (McK) and A. Alexander (McK) 0.7 350.00$ Seth Walton 1/17/2012 Business Analysis Review AMR Wright Amendment impact estimate 0.6 300.00$ Seth Walton 1/17/2012 Business Analysis Meeting with S. Goldstrom (McK) and D. Ebenstein (McK) on prasm numbers 0.5 250.00$ Seth Walton 1/17/2012 Business Analysis Update revenue presentation and forward to D. Casey (AMR) and team (AMR) 0.4 200.00$ Seth Walton 1/17/2012 Business Analysis Meeting w A. Bhatia (McK), D. Ebenstein (McK) re: progress update and planning 0.2 100.00$ Andrea Alexander 1/17/2012 Business Analysis Revise OA capacity model toincorporate various CAGR scenarios. 3.1 1,395.00$ Andrea Alexander 1/17/2012 Business Analysis Create overview tab summarizing key takeaways and inputs from entire OA capacity model. 2.9 1,305.00$

Andrea Alexander 1/17/2012 Business Analysis Revise OA model to include various 2012 starting points. 2.8 1,260.00$ Andrea Alexander 1/17/2012 Business Analysis Revise OA capacity model to include conversation from seats to ASMs 2.7 1,215.00$ Andrea Alexander 1/17/2012 Business Analysis Adjust assumptions in model to ensure output aligns with expectations for OA capacity

model.2.7 1,215.00$

Andrea Alexander 1/17/2012 Business Analysis Review and refine equations in OA model to ensure output is accurate. 1.8 810.00$ Andrea Alexander 1/17/2012 Business Analysis Call with J. Fisher (McK)and J. Schottland (McK) regarding the combination of the OA forecast

and legacy airline forecast models.1.1 495.00$

Andrea Alexander 1/17/2012 Business Analysis Discuss plans for OA capacity model with J. Schottland (McK) and S. Walton (McK) 0.8 360.00$ Aditya Bhatia 1/17/2012 Business Analysis Gathered data on AC utilization rates for analysis on 2012-17 targets (internal data - actuals

and forecast, as well as industry data from Form 41)2.5 1,037.50$

Aditya Bhatia 1/17/2012 Business Analysis Updated cost model forecast to reflect changes in business model and revenue forecast model

1.9 788.50$

Aditya Bhatia 1/17/2012 Business Analysis Summarized and created data request for analysis to validate other impact of exiting a cornerstone (other CS revenue, CS fixed/variable costs)

1.6 664.00$

Aditya Bhatia 1/17/2012 Business Analysis Updated cost model architecture to reflect timing of business model savings 1.5 622.50$ Aditya Bhatia 1/17/2012 Business Analysis Updated cost forecast model to track changes in methodology and inputs 1.4 581.00$ Aditya Bhatia 1/17/2012 Business Analysis Summarized and created data request for analysis to validate revenue impact 1.3 539.50$ Aditya Bhatia 1/17/2012 Business Analysis Gathered data on aircraft operating leases for cost savings impact analysis 1.1 456.50$ Aditya Bhatia 1/17/2012 Business Analysis Updated business model savings estimates 1.1 456.50$ Aditya Bhatia 1/17/2012 Business Analysis Meeting w V. Raja (AMR), C. Schubert (AMR) and team (AMR), and S. Goldstrom (McK), D.

Ebenstein (McK), J. Schottland (McK) re: revenue impact of various assumptions1.0 415.00$

Aditya Bhatia 1/17/2012 Business Analysis Meeting w J. Schottland (McK), S Walton (McK), D. Ebenstein (McK) re: progress update and planning

0.3 124.50$

Naveen Jayasundaram 1/17/2012 Business Analysis Create excel sheet with OD pairs, import into MS Access to obtain corresponding traffic and revenue totals

1.8 585.00$

Naveen Jayasundaram 1/17/2012 Business Analysis Prepared presentation comparing model traffic by geography estimates to industry sources 1.8 585.00$

Naveen Jayasundaram 1/17/2012 Business Analysis Structure 5 queries, 1 each to extract revenue totals for each leg in ODs of interest 1.7 552.50$ Naveen Jayasundaram 1/17/2012 Business Analysis Identified OD pairs with changes in aircraft type to forecast supplemental revenue for AMR 1.6 520.00$

Naveen Jayasundaram 1/17/2012 Business Analysis Roll up results, eliminate directional differences, obtain revenue by OD 1.4 455.00$ Naveen Jayasundaram 1/17/2012 Business Analysis Create fields to separate wide body aircraft from network plan in 2012 and 2017 1.2 390.00$ Naveen Jayasundaram 1/17/2012 Business Analysis Create union query to integrate queries by leg 1.2 390.00$ Naveen Jayasundaram 1/17/2012 Business Analysis Tabulated traffic by geography for relevant years from external forecasts 1.2 390.00$ Naveen Jayasundaram 1/17/2012 Business Analysis Created cross-Geo GDP sheet as an input to analysis by S. Walton (McK) 1.1 357.50$ Naveen Jayasundaram 1/17/2012 Business Analysis Tabulated traffic by geography for relevant years from FAA and IATA forecasts 1.0 325.00$ Naveen Jayasundaram 1/17/2012 Business Analysis Update industry traffic presentation to reflect growth numbers from model 0.8 260.00$ William Kersh 1/17/2012 Business Analysis Prepare pilot cost benchmarks by narrow- and wide-body with Dorton (Mck) 3.0 900.00$ William Kersh 1/17/2012 Business Analysis Prepare and analyze Pilot cost per block hour by equipment type benchmarks 2.8 840.00$ William Kersh 1/17/2012 Business Analysis Prepare Form 41 data for Pilot benchmarking 2.3 690.00$ William Kersh 1/17/2012 Business Analysis Review of AA sparing ratio and historical utilization 1.6 480.00$ William Kersh 1/17/2012 Business Analysis Research variance data for airplane equipment 1.5 450.00$ William Kersh 1/17/2012 Business Analysis Research variance data for airplane equipment (Various types of aircraft) 1.4 420.00$ William Kersh 1/17/2012 Business Analysis Prepare presentation to highlight results for pilot benchmarking 1.2 360.00$ John Fisher 1/17/2012 Business Analysis Call with A. Alexander (McK)and J. Schottland (McK) regarding the combination of the OA

forecast and legacy airline forecast models.1.1 275.00$

Guenter Fuchs 1/17/2012 Business Analysis Foreign flag analysis 3.0 600.00$ Seth Goldstrom 1/18/2012 Business Analysis Conference call with McK team (S. Walton, D. Ebenstein, Schottland) to discuss cost

benchmarking0.7 626.50$

Seth Goldstrom 1/18/2012 Business Analysis Call with D. Ebenstein (McK) to discuss OA analysis 0.3 268.50$ Seth Goldstrom 1/18/2012 Business Analysis Call with E. Van Metre (McK) to discuss key next steps and priorities for next 24 hours 0.2 179.00$ Seth Goldstrom 1/18/2012 Business Analysis Reviewing amendment to retention affidavit 0.2 179.00$

22 of 42




Name Date Task Code Description Time AmountSeth Goldstrom 1/18/2012 Business Analysis Reviewing emails 0.2 179.00$ Seth Goldstrom 1/18/2012 Business Analysis Call with A. Proshan (McK) to discuss retention amendment 0.2 179.00$ Evan Van Metre 1/18/2012 Business Analysis Cost driver analysis with D. Dorton (McK) and W Kersh (Mck) 2.1 1,879.50$ Evan Van Metre 1/18/2012 Business Analysis Meeting w R. Solomon (AMR) & AMR maintenance finance team, and A Bhatia (McK) re:

updated maintenance cost estimates for new fleet1.1 984.50$

Evan Van Metre 1/18/2012 Business Analysis Development of model analytics 0.7 626.50$ Evan Van Metre 1/18/2012 Business Analysis Call with S Goldstrom (McK) to discuss key next steps and priorities for next 24 hours 0.2 179.00$ Keith Williams 1/18/2012 Business Analysis Prepare cash flow variance report and actuals 1.2 840.00$ Keith Williams 1/18/2012 Business Analysis Meeting to discuss 1/24 and 2/1 meetings and presentations with C. Irvin (AMR) and B.

Goulet (AMR)1.1 770.00$

Keith Williams 1/18/2012 Business Analysis Discussion with H. Parkhill (Roths) and M Chou (Roths) re cash flow and business plan 0.6 420.00$

Keith Williams 1/18/2012 Business Analysis Debrief with AMR team on Labor Subcommittee meeting 0.4 280.00$ Keith Williams 1/18/2012 Business Analysis Conversation with S. Goldstrom (McK) to discuss business plan and Thursday meeting with

Moelis and Mesirow0.4 280.00$

Keith Williams 1/18/2012 Business Analysis Debrief with B. Goulet (AMR) on Labor Subcommittee meeting and next steps for subsequent meeting with Moelis and Mesirow

0.2 140.00$

Joe Schottland 1/18/2012 Business Analysis McK team discussion to determine how to best reorganize OA capacity model (A. Alexander, S. Walton, D. Ebenstein)

2.3 1,644.50$

Joe Schottland 1/18/2012 Business Analysis Revenue summary presentation for discussion with D. Casey (AMR) and N Jayaundara (Mck) 1.5 1,072.50$

Joe Schottland 1/18/2012 Business Analysis Meeting with S. Walton (McK) and D. Casey (AMR) and team (AMR) to compare and reconcile revenue forecast

1.4 1,001.00$

Joe Schottland 1/18/2012 Business Analysis Update revenue forecast with modified UK capacity assumptions with S Walton (mck) 1.4 1,001.00$

Joe Schottland 1/18/2012 Business Analysis Internal team discussion to refine nominal yield growth assumption S. Walton (McK), D. Ebenstein (McK), N. Jayasundaram (McK))

1.2 858.00$

Joe Schottland 1/18/2012 Business Analysis Outline sensitivities to test & methodology with McK team ( D. Ebenstein, N. Jayasundaram) 1.1 786.50$

Joe Schottland 1/18/2012 Business Analysis Draft portion of sensitivity and scenario summary pages 1.1 786.50$ Joe Schottland 1/18/2012 Business Analysis Review OA capacity summary pages 1.0 715.00$ Joe Schottland 1/18/2012 Business Analysis Call with S Goldstrom (McK) and S Walton (McK) to discuss additional cost benchmarking

work to be done0.7 500.50$

Joe Schottland 1/18/2012 Business Analysis Review "Other revenue" estimate from AMR before sharing with stakeholders 0.5 357.50$ Joe Schottland 1/18/2012 Business Analysis Review AMR presentaiton for BOD Meeting 0.5 357.50$ David Dorton 1/18/2012 Business Analysis Cost benchmarking analysis with W. Kersh (McK) and E. Van Metre (McK) - validation

summary2.1 1,365.00$

David Dorton 1/18/2012 Business Analysis Prepare procurement analysis methodolgy 1.1 715.00$ David Dorton 1/18/2012 Business Analysis Maintenance meeting with de la Cruz and Pfiefer (AMR) - labor and materials review 1.0 650.00$ David Dorton 1/18/2012 Business Analysis Credit Card fees meeting with Dinuzzo (AMR) 1.0 650.00$ David Dorton 1/18/2012 Business Analysis Update on costs with C. Irvin (AMR) and W Kersh (Mck) - validation summary 0.8 520.00$ David Ebenstein 1/18/2012 Business Analysis Meeting with D. Casey (AMR) & team (AMR) to finalize / integrate McKinsey & AMR forecasts 1.5 825.00$

David Ebenstein 1/18/2012 Business Analysis Discussion with McKinsey team (J. Schottland, S. Walton, A Alexander (McK)) on revised OA forecasts, required modifications (partial attendance)

1.4 770.00$

David Ebenstein 1/18/2012 Business Analysis Preparation of presentation for D. Casey (AMR) & team (AMR) 1.2 660.00$ David Ebenstein 1/18/2012 Business Analysis Outline sensitivities to test & methodology with McK team (J. Schottland, N. Jayasundaram) 1.1 605.00$

David Ebenstein 1/18/2012 Business Analysis Review business plan sensitivity analysis, provide comments to J Schottland )AMR) 1.1 605.00$ David Ebenstein 1/18/2012 Business Analysis Draft presentation page outlining various plan assumtions 1.1 605.00$ David Ebenstein 1/18/2012 Business Analysis Develop presentation pages outlining new approach on OA capacity forecasting 0.9 495.00$ David Ebenstein 1/18/2012 Business Analysis Review and provide comments on presentation materials for meeting with D. Casey (AMR) 0.8 440.00$

David Ebenstein 1/18/2012 Business Analysis Team (Goldstrom, Walton, Schottland) discussion regarding cost benchmarking analysis 0.7 385.00$

David Ebenstein 1/18/2012 Business Analysis Review AMR Jan 18 presentation 0.4 220.00$ David Ebenstein 1/18/2012 Business Analysis Check in with S. Goldstrom (McK) to discuss OA analysis 0.2 110.00$ Abhi Bhatnagar 1/18/2012 Business Analysis Review of AMR contract with AGS 2.1 1,102.50$ Abhi Bhatnagar 1/18/2012 Business Analysis Create first hypothesis of AMR IT initiatives 1.1 577.50$ Abhi Bhatnagar 1/18/2012 Business Analysis Meeting with K. Masica (AMR) 1.1 577.50$ Abhi Bhatnagar 1/18/2012 Business Analysis Meeting with C. Knight (AMR) 0.8 420.00$ Abhi Bhatnagar 1/18/2012 Business Analysis Meeting with M. Lovejoy (AMR) 0.5 262.50$ Abhi Bhatnagar 1/18/2012 Business Analysis Structuring the cost reduction plan and analyses 0.3 157.50$ Seth Walton 1/18/2012 Business Analysis McK team problem solving session to determine how to best reorganize OA capacity model

(A. Alexander, J. Schottland, D. Ebenstein)2.3 1,150.00$

Seth Walton 1/18/2012 Business Analysis Analysis on revenue impact of different OA capacity assumptions 2.2 1,100.00$ Seth Walton 1/18/2012 Business Analysis Update revenue summary presentation for review with D. Casey (AMR) and J Schottland

(Mck)1.5 750.00$

Seth Walton 1/18/2012 Business Analysis Update revenue forecast with modified UK capacity assumptions with J Schottland (Mck) 1.4 700.00$

Seth Walton 1/18/2012 Business Analysis McK team problem solving session to refine nominal yield growth assumption (J. Schottland,D. Ebenstein, N. Jayasundaram)

1.2 600.00$

Seth Walton 1/18/2012 Business Analysis Meeting with J. Schottland (McK), A. Alexander (McK) and D. Casey (AMR) and team to compare and reconcile revenue forecast (partial attendance)

0.8 400.00$

23 of 42




Name Date Task Code Description Time AmountSeth Walton 1/18/2012 Business Analysis McK team (S Goldstrom, Schottland and Ebenstein) call to discuss additional cost

benchmarking work to be done0.8 400.00$

Seth Walton 1/18/2012 Business Analysis Review "Other revenue" estimate from AMR before sharing with stakeholders 0.5 250.00$ Seth Walton 1/18/2012 Business Analysis Summarize current revenue model output and send to McK leadership team 0.3 150.00$ Andrea Alexander 1/18/2012 Business Analysis Further analytics on OA capacity model and ASM growth rate 2.9 1,305.00$ Andrea Alexander 1/18/2012 Business Analysis Prepare ASM/Seat analysis for revenue model. 2.8 1,260.00$ Andrea Alexander 1/18/2012 Business Analysis Incorporate new seats to ASM conversion into the OA capacity model. 2.8 1,260.00$ Andrea Alexander 1/18/2012 Business Analysis Research impact of Wright Amendment online to determine if analysts have quantified

impact to AMR.2.5 1,125.00$

Andrea Alexander 1/18/2012 Business Analysis Discuss output of updated OA capacity model with J. Schottland (McK) and S. Walton (McK) and discuss next steps.

2.3 1,035.00$

Andrea Alexander 1/18/2012 Business Analysis Review links and equations in model to ensure output is accurate 1.5 675.00$ Andrea Alexander 1/18/2012 Business Analysis Discuss outputs of OA capacity model and ASM growth issues with J. Fisher (McK) 0.7 315.00$ Aditya Bhatia 1/18/2012 Business Analysis Updated cost forecast model to reflect latest business model estimates 1.9 788.50$ Aditya Bhatia 1/18/2012 Business Analysis Updated cost forecast to reflect updated maintenance costs and fleet count 1.9 788.50$ Aditya Bhatia 1/18/2012 Business Analysis Updated cost forecast to reflect severance and pension termination payments 1.7 705.50$ Aditya Bhatia 1/18/2012 Business Analysis Conducted category-based cost forecast to identify underlying drivers 1.4 581.00$ Aditya Bhatia 1/18/2012 Business Analysis Updated cost forecast to reflect new information on timing of savings 1.3 539.50$ Aditya Bhatia 1/18/2012 Business Analysis Received and evaluated first pass of corporate revenue data by cornerstone 1.1 456.50$ Aditya Bhatia 1/18/2012 Business Analysis Meeting w R. Solomon (AMR) & AMR maintenance finance team, and E. Van Metre (McK) re:

updated maintenance cost estimates for new fleet1.1 456.50$

Aditya Bhatia 1/18/2012 Business Analysis Meeting w R. Solomon (AMR) re: reconciliation of McK and AMR cost models (labor savings, facilities, Eagle)

1.0 415.00$

Aditya Bhatia 1/18/2012 Business Analysis Updated cost forecast to reflect new information on seat configurations of Eagle AC 0.9 373.50$ Aditya Bhatia 1/18/2012 Business Analysis Updated cost forecast to reflect schedule of labor savings 0.6 249.00$ Aditya Bhatia 1/18/2012 Business Analysis Updated cost forecast to reflect updated fuel prices in 2012 0.6 249.00$ Naveen Jayasundaram 1/18/2012 Business Analysis Update RASM analysis to include SLA RASM and yield, and to extend historical view to 30

years2.0 650.00$

Naveen Jayasundaram 1/18/2012 Business Analysis Extract Latin North to other geography growth rates from IATA to supplement capacity forecast

2.0 650.00$

Naveen Jayasundaram 1/18/2012 Business Analysis Create presentation for RASM, yield history and CAGR and for cargo forecast 1.9 617.50$ Naveen Jayasundaram 1/18/2012 Business Analysis Regress RASM and yield growth on fuel and GDP to isolate relationships for last 20 years 1.8 585.00$

Naveen Jayasundaram 1/18/2012 Business Analysis Discuss RASM results and presentation outline with J. Schottland (McK) 1.4 455.00$ Naveen Jayasundaram 1/18/2012 Business Analysis Create year-by-year forecast for Cargo revenue using wide body ASM growth and historical

Cargo %1.4 455.00$

Naveen Jayasundaram 1/18/2012 Business Analysis Discuss RASM and yield growth history with S. Walton (McK), D Ebenstein (mck) and J. Schottland (McK) to back up growth assumption

1.2 390.00$

Naveen Jayasundaram 1/18/2012 Business Analysis Review business model to figure out historical Cargo revenue as a % of Pax revenue 1.1 357.50$ Naveen Jayasundaram 1/18/2012 Business Analysis Email exchange with J. Fisher (McK) to clarify source and recency of GDP estimates 0.8 260.00$ Naveen Jayasundaram 1/18/2012 Business Analysis Discuss Cargo revenue estimation with S. Walton (McK) 0.5 162.50$ William Kersh 1/18/2012 Business Analysis Prepare updated presentation to reflect pilot benchmarking 2.8 840.00$ William Kersh 1/18/2012 Business Analysis Weight pilot benchmarks by AA flight mix and apply to other carriers 2.5 750.00$ William Kersh 1/18/2012 Business Analysis Update pilot benchmarks with revised narrow- and wide-body mix weightings 2.3 690.00$ William Kersh 1/18/2012 Business Analysis Review results of labor AA-prepared gap analysis 2.2 660.00$ William Kersh 1/18/2012 Business Analysis Compare results of pilot labor gap to AA-prepared gap analysis 2.0 600.00$ William Kersh 1/18/2012 Business Analysis Review Pilot benchmark gap analysis with C. Irvin (AMR) and D. Dorton (McK) 0.8 240.00$ William Kersh 1/18/2012 Business Analysis Meet with A. Bhatnagar (McK) to discuss IT cost improvement presentation and to discuss

approach0.7 210.00$

John Fisher 1/18/2012 Business Analysis Discuss outputs of OA capacity model with A. Alexander (McK) to try and understand why output for ASM growth is distinctly different from output for seat growth.

0.7 175.00$

Guenter Fuchs 1/18/2012 Business Analysis AA OTP analysis 3.0 600.00$ Guenter Fuchs 1/18/2012 Business Analysis AA OTP analysis (cont.) 1.0 200.00$ Mauricio Fait 1/18/2012 Business Analysis Extract source data for revenue model 1.0 200.00$ Seth Goldstrom 1/19/2012 Business Analysis Meeting with AMR - B. Goulet, Rothschild, Weil and other advisers on key next steps 1.5 1,342.50$ Seth Goldstrom 1/19/2012 Business Analysis Meeting with S. Walton (McK) and D. Ebenstein (McK) on latest numbers and sensitivity

analysis0.6 537.00$

Seth Goldstrom 1/19/2012 Business Analysis Meeting with C. Irvin (AMR) on schedule 0.5 447.50$ Seth Goldstrom 1/19/2012 Business Analysis Meeting with C. Irvin (AMR) on cornerstone analysis and next steps 0.3 268.50$ Seth Goldstrom 1/19/2012 Business Analysis Call with H. Parkhill (Roths) on projections 0.3 268.50$ Seth Goldstrom 1/19/2012 Business Analysis Meeting with D. Dorton (McK) on cost analysis 0.3 268.50$ Seth Goldstrom 1/19/2012 Business Analysis Review emails 0.3 268.50$ Seth Goldstrom 1/19/2012 Business Analysis Phone call with A. Dichter (McK) on key next steps and projections 0.2 179.00$ Seth Goldstrom 1/19/2012 Business Analysis Phone call with S. Walton (McK) revenue projections 0.2 179.00$ Seth Goldstrom 1/19/2012 Business Analysis Phone cal with D. Ebenstein (McK) on OA analysis 0.2 179.00$ Evan Van Metre 1/19/2012 Business Analysis Discussions on Revenue forecast assumptions and pressure testing model 3.0 2,685.00$ Evan Van Metre 1/19/2012 Business Analysis Review cost lever information for discussions with AMR 1.7 1,521.50$ Evan Van Metre 1/19/2012 Business Analysis Morning discussion with D. Dorton (McK) on New Cost potential levers 1.0 895.00$ Evan Van Metre 1/19/2012 Business Analysis Discussion with AMR Maintenance on current practices and plans 1.0 895.00$ Evan Van Metre 1/19/2012 Business Analysis Review and analyze assumptions for team discussion 1.0 895.00$ Evan Van Metre 1/19/2012 Business Analysis Review and analyze Industry Prasm for team discussion 0.7 626.50$ Evan Van Metre 1/19/2012 Business Analysis Discussion on Maintenance Cost reductions from new fleet plan with AMR Maint dept 0.6 537.00$

Alex Dichter 1/19/2012 Business Analysis Call with S. Goldstrom (McK) re projections and planning 0.2 190.00$

24 of 42




Name Date Task Code Description Time AmountKeith Williams 1/19/2012 Business Analysis Review and comment on presentation for 1/24 meeting with C. Irvin (AMR) 1.9 1,330.00$ Keith Williams 1/19/2012 Business Analysis Conversation with B. Goulet (AMR), S. Goldstrom (McK) , Rothschild and Weil on business

plan (partial attendance)0.9 630.00$

Keith Williams 1/19/2012 Business Analysis Various conversations with G. Schwendinger (AMR) on data requests and cash flow 0.8 560.00$ Keith Williams 1/19/2012 Business Analysis Attended meeting/Call with AMR and all debtor professionals to discuss upcoming events and

to do's0.5 350.00$

Keith Williams 1/19/2012 Business Analysis Discussion with C. Irvin (AMR) on Business Plan and cash implications 0.5 350.00$ Joe Schottland 1/19/2012 Business Analysis Internal problem solving discussion on OA capacity forecast improvements (A. Alexander

(McK) and S Walton (mck)2.2 1,573.00$

Joe Schottland 1/19/2012 Business Analysis Create new geographic allocation for OA capacity model 2.1 1,501.50$ Joe Schottland 1/19/2012 Business Analysis Review OA capacity analysis to understand logic behind geographic allocations 1.9 1,358.50$ Joe Schottland 1/19/2012 Business Analysis Internal problem solving discussion on revenue analysis (N. Jayasundaram (McK) and Walton

(Mck)1.5 1,072.50$

Joe Schottland 1/19/2012 Business Analysis Internal problem solving discussion on alternative approaches to geographic allocations S Walton (McK)

1.1 786.50$

Joe Schottland 1/19/2012 Business Analysis Meeting with S. Walton (McK), A. Alexander (McK) and D. Casey (AMR) and team (AMR) to finalize revenue forecast

1.1 786.50$

Joe Schottland 1/19/2012 Business Analysis Follow up meeting with D. Casey (AMR) and E. Parsons (AMR) 1.0 715.00$ Joe Schottland 1/19/2012 Business Analysis Update revenue summary for financial advisors 1.0 715.00$ Joe Schottland 1/19/2012 Business Analysis Cost meeting with American Eagle and C. Irvin (AMR) 1.0 715.00$ Joe Schottland 1/19/2012 Business Analysis Mckinsey team meeting (Walton and Ebenstein) to agree on priorities for the day 0.5 357.50$ Joe Schottland 1/19/2012 Business Analysis Discussed fuel curve with R. Solomon (AMR) 0.5 357.50$ David Dorton 1/19/2012 Business Analysis Purchasing meeting with Carrasco (AMR)- 3rd party spend review 1.0 650.00$ David Dorton 1/19/2012 Business Analysis Morning discussion with E. Van Metre (McK) on New Cost potential levers 1.0 650.00$ David Dorton 1/19/2012 Business Analysis Update with Nathani (AMR) on turn time 0.4 260.00$ David Dorton 1/19/2012 Business Analysis Update with C. Irvin (AMR) on cost validation 0.4 260.00$ David Dorton 1/19/2012 Business Analysis Meeting with S. Goldstrom (McK) on cost analysis 0.3 195.00$ David Ebenstein 1/19/2012 Business Analysis Develop new methodology and model for forecasting OA capacity (using IATA data, McKinsey

benchmarks & fleet scheduled)2.4 1,320.00$

David Ebenstein 1/19/2012 Business Analysis Adjust forecast model to account for fuel and OA capacity estimates (on flight) 1.4 770.00$ David Ebenstein 1/19/2012 Business Analysis Review AA vs. EAGLE PRASM growth assumptions, make adjustments & email comments to

team1.3 715.00$

David Ebenstein 1/19/2012 Business Analysis Review analysis and presentation materials on Wright Amendment, provide comments to team

0.7 385.00$

David Ebenstein 1/19/2012 Business Analysis Meeting with S. Walton (McK) and S Goldstom (McK) on latest numbers and assumptions 0.6 330.00$

David Ebenstein 1/19/2012 Business Analysis Review analysis and presentation materials on product improvement, provide comments to team

0.5 275.00$

David Ebenstein 1/19/2012 Business Analysis McK team meeting (walton and schottland) on priorities for the day 0.5 275.00$ David Ebenstein 1/19/2012 Business Analysis Review analysis and presentation materials on Gauge, provide comments to team 0.4 220.00$ David Ebenstein 1/19/2012 Business Analysis Draft emails to McK team outling approach, presentation requirements, plan for rest of week 0.4 220.00$

David Ebenstein 1/19/2012 Business Analysis Phone call with S. Goldstrom (McK) on OA analysis 0.2 110.00$ Abhi Bhatnagar 1/19/2012 Business Analysis Analyses of AMR HR contracts 1.8 945.00$ Abhi Bhatnagar 1/19/2012 Business Analysis First hypothesis of AMR HR contract initiatives and research on benchmarks 1.5 787.50$ Seth Walton 1/19/2012 Business Analysis Internal problem solving discussion on OA capacity forecast improvements (A. Alexander

(McK) and J Schottland (Mck)2.2 1,100.00$

Seth Walton 1/19/2012 Business Analysis Create new geographic allocation for OA capacity model 2.1 1,050.00$ Seth Walton 1/19/2012 Business Analysis Internal problem solving discussion on revenue sensitivity analysis N. Jayasundaram (McK)

and J Schottland (Mck)1.5 750.00$

Seth Walton 1/19/2012 Business Analysis Review OA capacity analysis to understand logic behind geographic allocations 1.0 500.00$ Seth Walton 1/19/2012 Business Analysis Cost meeting with American Eagle and C. Irvin (AMR) 1.0 500.00$ Seth Walton 1/19/2012 Business Analysis Internal problem solving discussion on alternative approaches to geographic allocations

(Schottland - AMR)1.0 500.00$

Seth Walton 1/19/2012 Business Analysis Meeting with J. Schottland (McK), A. Alexander (McK) and D. Casey (AMR) and team (AMR) to finalize revenue forecast

0.9 450.00$

Seth Walton 1/19/2012 Business Analysis Review various assumptions with A. Bhatia (McK) 0.8 400.00$ Seth Walton 1/19/2012 Business Analysis Update revenue summary and send to McK leadership and Rothschild 0.7 350.00$ Seth Walton 1/19/2012 Business Analysis Meeting with D Ebenstein (McK) and S Goldstom (McK) on latest numbers and assumptions 0.6 300.00$

Seth Walton 1/19/2012 Business Analysis Morning team meeting (Ebenstein and Schottland) to agree on priorities for the day 0.5 250.00$ Seth Walton 1/19/2012 Business Analysis Phone call with S. Goldstrom (McK) revenue projections 0.2 100.00$ Andrea Alexander 1/19/2012 Business Analysis Collect and assign carrier geography assumptions 2.9 1,305.00$ Andrea Alexander 1/19/2012 Business Analysis Review model assumptions 2.6 1,170.00$ Andrea Alexander 1/19/2012 Business Analysis Update OA capacity model with new 2011 and 2012 ASM assumptions w/ Schottland (Mck)

and Walton (AMR)2.2 990.00$

Andrea Alexander 1/19/2012 Business Analysis Review links and equations in model to ensure output is accurate 1.6 720.00$ Andrea Alexander 1/19/2012 Business Analysis Investigate other methods to quantify Wright Amendment impact 1.4 630.00$ Andrea Alexander 1/19/2012 Business Analysis Create presentation that highlight output of OA capacity model. 1.3 585.00$ Andrea Alexander 1/19/2012 Business Analysis Meet with E. Parsons (AMR) and D. Casey (AMR), S Walton (Mck) and J. Schottland (McK) to

highlight outputs from updated OA capacity model.1.1 495.00$

Andrea Alexander 1/19/2012 Business Analysis Prepare revised OA capacity model outputs for team review 0.6 270.00$ Andrea Alexander 1/19/2012 Business Analysis Discuss 2011 and 2012 ASM assumptions with J. Fisher (McK) 0.4 180.00$ Aditya Bhatia 1/19/2012 Business Analysis Evaluated revenue risks at cornerstones 1.8 747.00$

25 of 42




Name Date Task Code Description Time AmountAditya Bhatia 1/19/2012 Business Analysis Evaluated corporate revenue risk at cornerstones 1.7 705.50$ Aditya Bhatia 1/19/2012 Business Analysis Evaluated alliance revenue risks at cornerstones 1.6 664.00$ Aditya Bhatia 1/19/2012 Business Analysis Reconciled latest cost forecast output against cost categories from business model 1.2 498.00$ Aditya Bhatia 1/19/2012 Business Analysis Developed methodology to validate impact of certain strategic decisions 1.1 456.50$ Aditya Bhatia 1/19/2012 Business Analysis Review various assumptions with A. Bhatia (McK) 0.8 332.00$ Aditya Bhatia 1/19/2012 Business Analysis Developed methodology to validate impact of exiting markets 1.5 622.50$ Naveen Jayasundaram 1/19/2012 Business Analysis Create revised traffic forecast based on GDP assumptions, send to D. Ebenstein (McK) to

incorporate into model 2.3 747.50$

Naveen Jayasundaram 1/19/2012 Business Analysis Tabulate GDP and fuel history to calculate volatility in metrics 1.8 585.00$ Naveen Jayasundaram 1/19/2012 Business Analysis Calculate standard deviations and confidence intervals for historical metrics 1.7 552.50$ Naveen Jayasundaram 1/19/2012 Business Analysis Discuss scenarios and assumptions with D. Ebenstein (McK) and J. Schottland (McK) 1.5 487.50$ Naveen Jayasundaram 1/19/2012 Business Analysis Discussion on revenue analysis S. Walton (McK) and Schottland (Mck) 1.5 487.50$ Naveen Jayasundaram 1/19/2012 Business Analysis Create yield adjustment formula to incorporate rise in fuel prices 1.4 455.00$ Naveen Jayasundaram 1/19/2012 Business Analysis Create presentation to report volatility in unit sensitivity metrics 1.1 357.50$ Naveen Jayasundaram 1/19/2012 Business Analysis Assist W. Kersh (McK) in calculated weight average revenue gaps for AMR 1.0 325.00$ Naveen Jayasundaram 1/19/2012 Business Analysis Email exchange with A. Bhatia (McK) to obtain fuel cost assumptions in cost model 0.8 260.00$ William Kersh 1/19/2012 Business Analysis Prepare revised labor Form 41 benchmarks 3.0 900.00$ William Kersh 1/19/2012 Business Analysis Prepare for and meet with T. Tompkins (AMR) and D. Justen (AMR) to discuss HR annual

spend and associated contracts2.3 690.00$

William Kersh 1/19/2012 Business Analysis Prepare for and meet with W. Kuntz (AMR) to discuss Benefits spend and associated contracts 1.9 570.00$

William Kersh 1/19/2012 Business Analysis Review HR spend files provided by T. Tompkins (AMR) 1.5 450.00$ John Fisher 1/19/2012 Business Analysis Discuss 2011 and 2012 ASM assumptions with A. Alexander (McK) and investigate whether

they are accurate.0.4 100.00$

Guenter Fuchs 1/19/2012 Business Analysis AA OTP analysis (cont.) 3.0 600.00$ Guenter Fuchs 1/19/2012 Business Analysis AA OTP analysis (cont.) 1.0 200.00$ Seth Goldstrom 1/20/2012 Business Analysis Conference call with D. Ebenstein (McK) and S. Walton (McK) on fuel recapture 0.5 447.50$ Seth Goldstrom 1/20/2012 Business Analysis Conference call with D. Ebenstein (McK) and S. Walton (McK) on OA analysis 0.5 447.50$ Seth Goldstrom 1/20/2012 Business Analysis Conference call with D. Ebenstein (McK) and S. Walton (McK) to debrief on fuel recapture

conversation0.5 447.50$

Seth Goldstrom 1/20/2012 Business Analysis Conference call with C. Irvin (AMR) and S. Walton (McK) to discuss latest projections 0.3 268.50$ Seth Goldstrom 1/20/2012 Business Analysis Phone call with D. Ebenstein (McK) on plan for the day and latest numbers 0.3 268.50$ Seth Goldstrom 1/20/2012 Business Analysis Call with D. Dorton (McK) discussing cost savings by functional area 0.3 268.50$ Seth Goldstrom 1/20/2012 Business Analysis Call with J. Schottland (McK) on strategic analysis 0.3 268.50$ Seth Goldstrom 1/20/2012 Business Analysis Reviewing emails related to case 0.2 179.00$ Keith Williams 1/20/2012 Business Analysis Labor package meeting with AMR internal people and Paul Hastings (J Gallagher, S Flicker) 1.6 1,120.00$

Keith Williams 1/20/2012 Business Analysis Meeting with C. Irvin (AMR) and other AMR personnel to discuss timing, work to be performed and presentations

1.1 770.00$

Keith Williams 1/20/2012 Business Analysis Review revenue plan and assumptions, listing out questions for team 0.7 490.00$ Keith Williams 1/20/2012 Business Analysis Review presentations for various upcoming meetings 0.6 420.00$ Keith Williams 1/20/2012 Business Analysis Discussion with H. Parkill (Roths)on business plan 0.5 350.00$ Keith Williams 1/20/2012 Business Analysis Discussion with C. Schillinger (AMR) on Cash flow forecast and expected timing 0.3 210.00$ Joe Schottland 1/20/2012 Business Analysis Discuss strategic analysis with D. Ebenstein (McK) and A. Bhatia (McK) 2.5 1,787.50$ Joe Schottland 1/20/2012 Business Analysis Update revenue model with new OA capacity assumptions; refine and test 1.9 1,358.50$ Joe Schottland 1/20/2012 Business Analysis Update revenue model with fuel "pass through" logic and assumptions 1.7 1,215.50$ Joe Schottland 1/20/2012 Business Analysis Follow up discussion with D Ebenstein (McK) on strategic analysis 0.9 643.50$ Joe Schottland 1/20/2012 Business Analysis Various conversations with S Goldstrom (mck), D Ebenstein (Mck) and S Walton (Mck) on

approach to fuel modeling within revenue forecast0.9 643.50$

Joe Schottland 1/20/2012 Business Analysis Discussion with C. Irvin (AMR) on approach to fuel recapture 0.8 572.00$ Joe Schottland 1/20/2012 Business Analysis Follow up discussion with A. Bhatia (McK) on strategic analysis 0.7 500.50$ Joe Schottland 1/20/2012 Business Analysis Review new revenue forecast with S. Walton and D. Ebenstein (McK) (Call) 0.6 429.00$ Joe Schottland 1/20/2012 Business Analysis Morning Mckinsey team (D Ebenstein, S Walton, A Alexander) meeting to agree on priorities

for the day0.5 357.50$

Joe Schottland 1/20/2012 Business Analysis Conf call with C. Irvin (AMR) to discuss fuel recapture 0.5 357.50$ Joe Schottland 1/20/2012 Business Analysis Review revenue forecast with S. Goldstrom (McK) (Call) 0.3 214.50$ David Dorton 1/20/2012 Business Analysis Working session with W. Kersh (McK) on benchmarking 2.1 1,365.00$ David Dorton 1/20/2012 Business Analysis Call with Langenbahn (AMR) and Leibman (AMR) - IT contracts and project spend 1.9 1,235.00$ David Dorton 1/20/2012 Business Analysis Update cost validation summary deck 1.0 650.00$ David Dorton 1/20/2012 Business Analysis Call with Barton (AMR) on fuel - sourcing and efficiency 0.7 455.00$ David Dorton 1/20/2012 Business Analysis Call with Langenbahn (AMR) - major IT contracts 0.7 455.00$ David Dorton 1/20/2012 Business Analysis Call with C. Irvin (AMR) on cost - validation and benchmarking review 0.5 325.00$ David Dorton 1/20/2012 Business Analysis Discussion with S Goldstom (McK) on cost savings by functional area 0.3 195.00$ David Ebenstein 1/20/2012 Business Analysis Review strategic analysis and presentation pages, provide comments to J Schottland (Mck)

and A Bhatia (Mck)2.4 1,320.00$

David Ebenstein 1/20/2012 Business Analysis Revise OA capacity forecasting model (update new fleet assumptions, compare against 2008-2011 trend in capacity growth, build model)

1.7 935.00$

David Ebenstein 1/20/2012 Business Analysis Review strategic analysis, provide comments to team 1.1 605.00$ David Ebenstein 1/20/2012 Business Analysis Revisions to strategic analysis (adjust assumptions on revenue recapture) w/ N Jayasundara

(Mck)1.1 605.00$

David Ebenstein 1/20/2012 Business Analysis Discussion with J. Schottland (McK) re: strategic business modeling 0.9 495.00$ David Ebenstein 1/20/2012 Business Analysis Call with E. Briggle (AMR) and W Kersh (Mck) re: cost modeling and cost benchmarking 0.8 440.00$

David Ebenstein 1/20/2012 Business Analysis Call with S. Walton (McK) and J Schottland on revenue modeling approaches 0.6 330.00$

26 of 42




Name Date Task Code Description Time AmountDavid Ebenstein 1/20/2012 Business Analysis McK team meeting (J Schottland, S Walton, A Alexander) on priorities for the day 0.6 330.00$ David Ebenstein 1/20/2012 Business Analysis Conference call with S Goldstrom (McK) and S. Walton (McK) on fuel recapture 0.5 275.00$ David Ebenstein 1/20/2012 Business Analysis Call with S. Goldstrom (McK) and S Walton (Mck) on revised approach to forecasting OA

capacity0.5 275.00$

David Ebenstein 1/20/2012 Business Analysis Conference call with S Goldstrom (McK) on revneue output 0.3 165.00$ Abhi Bhatnagar 1/20/2012 Business Analysis Develop initial workplan for AMR IT contract initiatives 0.3 157.50$ Seth Walton 1/20/2012 Business Analysis Split revenue output by mainline vs. regional; summarize and send to AMR 2.3 1,150.00$ Seth Walton 1/20/2012 Business Analysis Update revenue model with new OA capacity assumptions; refine and test 1.9 950.00$ Seth Walton 1/20/2012 Business Analysis Update revenue model with fuel "pass through" logic and assumptions 1.7 850.00$ Seth Walton 1/20/2012 Business Analysis Update revenue model based on feedback from C. Irvin (AMR) 1.0 500.00$ Seth Walton 1/20/2012 Business Analysis Various discussions with S Goldstrom(mck)and D Ebenstein (mck) on approach to fuel

modeling within revenue forecast0.9 450.00$

Seth Walton 1/20/2012 Business Analysis Discussion with C. Irvin (AMR) and J Schottland (Mck) on approach to fuel recapture 0.8 400.00$ Seth Walton 1/20/2012 Business Analysis Review new revenue forecast with J. Schottland (McK) and D. Ebenstein (McK) (Call) 0.6 300.00$ Seth Walton 1/20/2012 Business Analysis Morning Mck team (J Scottland, D Ebenstein and A Alexander)meeting to agree on priorities

for the day0.5 250.00$

Seth Walton 1/20/2012 Business Analysis Review new revenue forecast with S. Goldstrom (McK) and C Irvin (AMR) 0.3 150.00$ Andrea Alexander 1/20/2012 Business Analysis Analyze alternative ways to estimate Wright Amendment impact. 2.1 945.00$ Andrea Alexander 1/20/2012 Business Analysis Understand assumptions made in Wright Amendment impact calculation. 1.7 765.00$ Andrea Alexander 1/20/2012 Business Analysis Investigate new OA capacity calculation and understand process used to estimate capacity. 1.6 720.00$

Andrea Alexander 1/20/2012 Business Analysis Mck Team (J Schottland, D Ebenstein, S Walton) check In Call to discuss priorities for the day 0.6 270.00$

Andrea Alexander 1/20/2012 Business Analysis Ensure assumptions made in new OA Capacity calculation are valid. 0.4 180.00$ Aditya Bhatia 1/20/2012 Business Analysis Strategic analysis - methodology and analysis results with D Ebenstein (mck) and J Schottland

(Mck)2.5 1,037.50$

Aditya Bhatia 1/20/2012 Business Analysis Created hub-city level network plan summary 2.7 1,120.50$ Aditya Bhatia 1/20/2012 Business Analysis Analyzed growth at hub-city level (ASMs, segments) 1.8 747.00$ Aditya Bhatia 1/20/2012 Business Analysis Organized and analyzed corporate account revenue data (AMR internal data) 1.6 664.00$ Aditya Bhatia 1/20/2012 Business Analysis Organized and analyzed alliance revenue data (AMR internal data) 1.9 788.50$ Aditya Bhatia 1/20/2012 Business Analysis Follow up discussion with J. Schottland (McK) on strategic assumptions 0.8 332.00$ Naveen Jayasundaram 1/20/2012 Business Analysis Prepared analysis related to OA's and LCC's 2.2 715.00$ Naveen Jayasundaram 1/20/2012 Business Analysis Run packaged scenario 2, obtain Revenue and EBITDAR impact 1.9 617.50$

Naveen Jayasundaram 1/20/2012 Business Analysis Create summary and backup presentation for package scenarios and their financial impact 1.9 617.50$

Naveen Jayasundaram 1/20/2012 Business Analysis Discuss strategy overview grid slide with C. Irvin (AMR), draft slide for VGA to revise and stylize

1.8 585.00$

Naveen Jayasundaram 1/20/2012 Business Analysis Run packaged scenario 3, obtain Revenue and EBITDAR impact 1.8 585.00$ Naveen Jayasundaram 1/20/2012 Business Analysis Regress yield growth on historical LCC penetration, obtain relationship to use for scenario

analysis1.6 520.00$

Naveen Jayasundaram 1/20/2012 Business Analysis Research request to obtain global GDP downside estimates from McKinsey Global Institute 1.4 455.00$

Naveen Jayasundaram 1/20/2012 Business Analysis Research request to obtain fuel price fluctuations corresponding to GDP swings from Oil & Gas practice

1.2 390.00$

Naveen Jayasundaram 1/20/2012 Business Analysis Discuss packaged scenarios with D. Ebenstein (McK) , identify key assumptions for each 1.2 390.00$

Naveen Jayasundaram 1/20/2012 Business Analysis Prepare various assumptions, obtain Revenue and EBITDAR impact 1.1 357.50$ Naveen Jayasundaram 1/20/2012 Business Analysis Email to S. Walton (McK) and D. Ebenstein (McK) to review and update assumption


Naveen Jayasundaram 1/20/2012 Business Analysis Update strategy overview grid presentation based on request from C. Irvin (AMR) to add 2 more entries

0.7 227.50$

William Kersh 1/20/2012 Business Analysis Prepare for call with Darin Lee (Compass Lexecon) to discuss report methodology 3.0 900.00$

William Kersh 1/20/2012 Business Analysis Prepare above- and below-wing labor benchmarks with D Dorton (Mck) 2.3 690.00$ William Kersh 1/20/2012 Business Analysis Prepare Maintenance labor benchmark per Weighted Maintenance Unit 1.9 570.00$ William Kersh 1/20/2012 Business Analysis Prepare Maintenance benchmark presentation for client review 1.0 300.00$ William Kersh 1/20/2012 Business Analysis Prepare for and attend call with E. Briggle (AMR) and D. Ebenstein (McK) to discuss

benchmarking and gap analysis methodology0.8 240.00$

Guenter Fuchs 1/20/2012 Business Analysis Fuel cost & pax analysis/research 3.0 600.00$ Seth Goldstrom 1/21/2012 Business Analysis Conference call with AMR CIO and IT team along with D. Dorton (McK), E. Van Metre (McK) 1.8 1,611.00$

Seth Goldstrom 1/21/2012 Business Analysis Creating document for IT call 0.6 537.00$ Seth Goldstrom 1/21/2012 Business Analysis Reviewing documents and email on cost analysis 0.6 537.00$ Seth Goldstrom 1/21/2012 Business Analysis Conference call with C. Irvin (AMR), D. Ebenstein (McK) on revenue #s 0.5 447.50$ Seth Goldstrom 1/21/2012 Business Analysis Call with D. Ebenstein (McK) on fuel recapture input from C. Irvin (AMR) 0.3 268.50$ Seth Goldstrom 1/21/2012 Business Analysis Call with E. Van Metre (McK) on cost validation 0.2 179.00$ Seth Goldstrom 1/21/2012 Business Analysis Call D. Dorton (McK) on cost validation next steps and insights by area 0.2 179.00$ Seth Goldstrom 1/21/2012 Business Analysis Reviewing business model assumption variables 0.2 179.00$ Seth Goldstrom 1/21/2012 Business Analysis Reviewing emails on benchmarks, meetings for next week 0.2 179.00$ Seth Goldstrom 1/21/2012 Business Analysis Call with A. Bhatia (McK) on call center 0.1 89.50$ Seth Goldstrom 1/21/2012 Business Analysis Call with D. Ebenstein (McK) on updated fuel analysis and 2012 numbers 0.1 89.50$ Evan Van Metre 1/21/2012 Business Analysis Discussion with AMR IT group on additional cost initiatives with S Goldstrom (Mck) and D

Dorton (Mck)1.8 1,611.00$

27 of 42




Name Date Task Code Description Time AmountEvan Van Metre 1/21/2012 Business Analysis Call with S. Goldstrom (McK) on cost validation 0.2 179.00$ Joe Schottland 1/21/2012 Business Analysis Conf call with C. Irvin (AMR) to discuss fuel recovery approach 1.0 715.00$ Joe Schottland 1/21/2012 Business Analysis Review first draft of fuel recovery model revisions 1.0 715.00$ Joe Schottland 1/21/2012 Business Analysis Call with S. Goldstrom (McK), J. Schottland (McK), re: status of business plan 0.7 500.50$ Joe Schottland 1/21/2012 Business Analysis Follow up conference call with C. Irvin (AMR) to discuss McK approach to fuel recovery 0.5 357.50$

Joe Schottland 1/21/2012 Business Analysis Conf call with D. Ebenstein (McK) on fuel recovery 0.4 286.00$ Joe Schottland 1/21/2012 Business Analysis Call with D. Ebenstein (McK) on model revisions 0.4 286.00$ David Dorton 1/21/2012 Business Analysis Update cost validation summary deck 2.9 1,885.00$ David Dorton 1/21/2012 Business Analysis Call with Langenbahn (AMR), E Van Metre (Mck) and S Goldstrom (mck) - major IT contracts 1.8 1,170.00$

David Dorton 1/21/2012 Business Analysis Call S Goldstrom (McK) on cost validation next steps and insights by area 0.2 130.00$ David Ebenstein 1/21/2012 Business Analysis Create fuel pass-through forecast model 1.9 1,045.00$ David Ebenstein 1/21/2012 Business Analysis Revise business plan forecast to account for modified fuel recapture assumption for AA and

Eagle1.6 880.00$

David Ebenstein 1/21/2012 Business Analysis Revision to fuel pass-through mod based on conversation with AMR (C. Irvin, R. Solomon) 1.4 770.00$

David Ebenstein 1/21/2012 Business Analysis Call with S. Walton (McK) re: modeling and sensitivity approach 0.6 330.00$ David Ebenstein 1/21/2012 Business Analysis Conference call with C. Irvin (AMR), S Goldstrom (McK) on revenue #s 0.5 275.00$ David Ebenstein 1/21/2012 Business Analysis Call with AMR (C. Irvin, R. Solomon) re: fuel cost recapture 0.5 275.00$ David Ebenstein 1/21/2012 Business Analysis Call with C. Irvin (AMR), R. Solomon (AMR) re: fuel recapture assumptions 0.5 275.00$ David Ebenstein 1/21/2012 Business Analysis Call with W. Kersh (McK) re: benchmarks 0.5 275.00$ David Ebenstein 1/21/2012 Business Analysis Calls with S. Goldstrom (McK) on fuel modeling approach 0.4 220.00$ David Ebenstein 1/21/2012 Business Analysis Call with J. Schottland (McK) on fuel forecasting 0.4 220.00$ David Ebenstein 1/21/2012 Business Analysis Call with R. Solomon (AMR) on fuel modeling approach 0.4 220.00$ David Ebenstein 1/21/2012 Business Analysis Review and revise presentation materials on benchmarks 0.4 220.00$ Abhi Bhatnagar 1/21/2012 Business Analysis Revise initiative assessment for IT contracts 1.8 945.00$ Abhi Bhatnagar 1/21/2012 Business Analysis Meeting with M. Leibman, T. Langenbahn and C. Knight 1.7 892.50$ Abhi Bhatnagar 1/21/2012 Business Analysis Internal problem solving on AMR cost plan and initiatives 0.5 262.50$ Seth Walton 1/21/2012 Business Analysis Call with S. Goldstrom (McK), J. Schottland, re: status of business plan 0.7 350.00$ Seth Walton 1/21/2012 Business Analysis Call with D. Ebenstein (McK) re: modeling and sensitivity approach 0.6 300.00$ Aditya Bhatia 1/21/2012 Business Analysis Call with S. Goldstrom (McK) on call center 0.1 41.50$ William Kersh 1/21/2012 Business Analysis Revise pilot benchmark analysis per Form 41 data 2.4 720.00$ William Kersh 1/21/2012 Business Analysis Revise labor benchmark analysis per Form 41 data 1.8 540.00$ William Kersh 1/21/2012 Business Analysis Call with D. Ebenstein (McK) re: benchmarks 0.5 150.00$ Seth Goldstrom 1/22/2012 Business Analysis Conference call with J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK) to go through

strategic analysis0.7 626.50$

Seth Goldstrom 1/22/2012 Business Analysis Reviewing emails 0.4 358.00$ Seth Goldstrom 1/22/2012 Business Analysis Call with E. Van Metre (McK) to discuss cost reduction analysis 0.2 179.00$ Seth Goldstrom 1/22/2012 Business Analysis Call with D. Dorton (McK) discussing cost benchmarks 0.1 89.50$ Evan Van Metre 1/22/2012 Business Analysis Call with S Goldstrom (McK) to discuss cost reduction analysis 0.2 179.00$ Alex Dichter 1/22/2012 Business Analysis Call with A. Proshan (McK) to discuss client service 0.2 190.00$ Keith Williams 1/22/2012 Business Analysis At request of C. Irvin (AMR) , review presentation for 1/24 meeting 0.8 560.00$ Joe Schottland 1/22/2012 Business Analysis Call with A. Bhatia (McK) to discuss additional strategic analysis 1.1 786.50$ Joe Schottland 1/22/2012 Business Analysis Provide inputs into business plan forecast to account for new fuel recapture approach 1.0 715.00$

Joe Schottland 1/22/2012 Business Analysis Review of latest sensitivities/scenarios analysis 1.0 715.00$ Joe Schottland 1/22/2012 Business Analysis Call with S. Goldstrom (McK), S. Walton (McK), D. Ebenstein (McK)d re: status of business plan

and strategic analysis0.7 500.50$

Joe Schottland 1/22/2012 Business Analysis Review and comment on benchmarks outputs 0.5 357.50$ David Dorton 1/22/2012 Business Analysis Calls with W. Kersh (McK) to discuss benchmark approach 1.4 910.00$ David Dorton 1/22/2012 Business Analysis Call with S. Goldstrom (McK) discussing cost benchmarks 0.1 65.00$ David Ebenstein 1/22/2012 Business Analysis Edit models and presentation pages based on modified business plan forecast 1.4 770.00$

David Ebenstein 1/22/2012 Business Analysis Review business model analysis, modify spreadsheets, provide comments to team 1.1 605.00$ David Ebenstein 1/22/2012 Business Analysis Call with S. Goldstrom (McK), S. Walton (McK), J. Schottland (McK) re: status of business plan

and strategic analysis0.7 385.00$

David Ebenstein 1/22/2012 Business Analysis Draft presentation page on business model analysis 0.5 275.00$ David Ebenstein 1/22/2012 Business Analysis Call with J. Schottland (McK) on approach to model revisions 0.4 220.00$ Abhi Bhatnagar 1/22/2012 Business Analysis Revise initiative assessment for IT contracts 2.0 1,050.00$ Abhi Bhatnagar 1/22/2012 Business Analysis Second Meeting with T. Langenbahn and C. Knight 1.6 840.00$ Abhi Bhatnagar 1/22/2012 Business Analysis Revise workplan for initiative capture 1.0 525.00$ Seth Walton 1/22/2012 Business Analysis Call with S. Goldstrom (McK), D. Ebenstein (McK), J. Schottland (McK)d re: status of business

plan and strategic analysis0.7 350.00$

Aditya Bhatia 1/22/2012 Business Analysis Call with J. Schottland (McK) to discuss strategic analysis 1.1 456.50$ William Kersh 1/22/2012 Business Analysis Prepare gap to mainline calculation across labor categories 2.3 690.00$ William Kersh 1/22/2012 Business Analysis Prepare gap to best in class calculations across labor categories 1.9 570.00$ William Kersh 1/22/2012 Business Analysis Prepare updated labor benchmark presentation highlighting all competitive gaps 1.9 570.00$ William Kersh 1/22/2012 Business Analysis Prepare gap to low cost carrier calculations across labor categories 1.5 450.00$ William Kersh 1/22/2012 Business Analysis Calls with D. Dorton (McK) to discuss benchmark approach 1.4 420.00$ Seth Goldstrom 1/23/2012 Business Analysis Meeting with C. Irvin (AMR) and Rothschild on latest revenue analysis 1.0 895.00$ Seth Goldstrom 1/23/2012 Business Analysis Meeting with D. Dorton (McK) and AMR purchasing team on cost savings 1.0 895.00$ Seth Goldstrom 1/23/2012 Business Analysis Meeting with J. Schottland (McK) and S. Walton (McK) on latest scenario and revenue

numbers 0.3 268.50$

28 of 42




Name Date Task Code Description Time AmountSeth Goldstrom 1/23/2012 Business Analysis Meeting with C. Irvin (AMR) on cost analysis 0.3 268.50$ Seth Goldstrom 1/23/2012 Business Analysis Call with D. Dorton (McK) talking about feedback on benchmarks 0.2 179.00$ Seth Goldstrom 1/23/2012 Business Analysis Reviewing draft revenue document and make comments 0.2 179.00$ Seth Goldstrom 1/23/2012 Business Analysis Discussion with H. Parkhill (Roths) on business plan 0.2 179.00$ Seth Goldstrom 1/23/2012 Business Analysis Meeting with D. Dorton (McK) on catering and benefits 0.1 89.50$ Seth Goldstrom 1/23/2012 Business Analysis Discuss with E. Van Metre (McK) key next steps on revenue plan document and cost analysis 0.1 89.50$

Evan Van Metre 1/23/2012 Business Analysis Discuss with S. Goldstrom (McK) key next steps on revenue plan document and cost analysis 0.1 89.50$

Alex Dichter 1/23/2012 Business Analysis Review and revise strategic analysis information 0.6 570.00$ Alex Dichter 1/23/2012 Business Analysis Call with V. Vahidi (AMR) 0.5 475.00$ Keith Williams 1/23/2012 Business Analysis Discussion with H. Parkhill (Roths) regarding 1/24 meetings, business plan status and

assumptions1.3 910.00$

Joe Schottland 1/23/2012 Business Analysis Update presentation on business model 2.1 1,501.50$ Joe Schottland 1/23/2012 Business Analysis Revise Wright Amendment bottom up analysis 2.1 1,501.50$ Joe Schottland 1/23/2012 Business Analysis Review cast study on TransCon and IFE for product benefit analysis 1.5 1,072.50$ Joe Schottland 1/23/2012 Business Analysis Review business plan discussion document and provide feedback 1.3 929.50$ Joe Schottland 1/23/2012 Business Analysis Review A. Dichter (McK) feedback on strategic analysis and provide responses 1.0 715.00$ Joe Schottland 1/23/2012 Business Analysis Meeting with E. Parsons (AMR) on PRASM 0.8 572.00$ Joe Schottland 1/23/2012 Business Analysis Update presentation on business model assumption variation 0.7 500.50$ Joe Schottland 1/23/2012 Business Analysis Meeting with S. Goldstrom (McK) and S. Walton (McK) on latest scenario and revenue

numbers 0.3 214.50$

David Dorton 1/23/2012 Business Analysis Meeting with S. Goldstrom (McK) and AMR purchasing team on cost savings 1.0 650.00$ David Dorton 1/23/2012 Business Analysis Call with D. Ebenstein (McK) re: benchmarking 0.3 195.00$ David Dorton 1/23/2012 Business Analysis Call with S. Goldstrom (McK) talking about feedback on benchmarks 0.2 130.00$ David Dorton 1/23/2012 Business Analysis Meeting with S. Goldstrom (McK) on catering and benefits 0.1 65.00$ David Ebenstein 1/23/2012 Business Analysis Develop revenue forecasting presentation, fuel re-capture model 1.1 605.00$ David Ebenstein 1/23/2012 Business Analysis Call with D. Dorton (McK) re: benchmarking 0.3 165.00$ Abhi Bhatnagar 1/23/2012 Business Analysis Debrief meeting with C. Knight 0.3 157.50$ Abhi Bhatnagar 1/23/2012 Business Analysis Communication and collaboration with Chris and Tom 0.2 105.00$ Seth Walton 1/23/2012 Business Analysis Finalize summary pages to reflect new revenue model output 1.4 700.00$ Seth Walton 1/23/2012 Business Analysis Call with C. Irvin (AMR), R. Solomon (AMR) to discuss latest revenue model output 0.9 450.00$ Seth Walton 1/23/2012 Business Analysis Update revenue model based on fuel assumptions from Rev Mgm't 0.8 400.00$ Seth Walton 1/23/2012 Business Analysis Discuss yield growth assumptions with N. Jayasundaram (McK) and D. Ebenstein (McK) 0.8 400.00$

Seth Walton 1/23/2012 Business Analysis Update summary pages to reflect new revenue model output 0.5 250.00$ Seth Walton 1/23/2012 Business Analysis Update Wright amendment analysis based on information emailed from A. Alexander (McK) 0.4 200.00$

Seth Walton 1/23/2012 Business Analysis Meeting with J. Schottland (McK) and S. Goldstrom (McK) on latest scenario and revenue numbers

0.3 150.00$

Aditya Bhatia 1/23/2012 Business Analysis Discuss ASM summary sheet and results of growth analysis with N. Jayasunda (McK) 0.2 83.00$ Naveen Jayasundaram 1/23/2012 Business Analysis Filter ASM growth for AMR by year, domestic-vs-international, and regional-mainline 1.9 617.50$

Naveen Jayasundaram 1/23/2012 Business Analysis Create revised PRASM growth presentation 1.6 520.00$ Naveen Jayasundaram 1/23/2012 Business Analysis Address errors in scenario presentation and backup pages, update formatting 1.5 487.50$ Naveen Jayasundaram 1/23/2012 Business Analysis Update RPK forecast presentation to have left and right panels 1.1 357.50$ Naveen Jayasundaram 1/23/2012 Business Analysis Perform multi-variable regression on yield and PRASM 1.1 357.50$ Naveen Jayasundaram 1/23/2012 Business Analysis Capture results of yield and PRASM on presentation, explain assumptions in footnotes 1.0 325.00$

Naveen Jayasundaram 1/23/2012 Business Analysis Create presentation to show AMR ASM growth matrix 0.9 292.50$ Naveen Jayasundaram 1/23/2012 Business Analysis Discuss approach to eliminate effect of fuel and stage length on yield with D. Ebenstein (McK)

and S. Walton (McK)0.8 260.00$

Naveen Jayasundaram 1/23/2012 Business Analysis Prepare RPK forecast format and example for J. Schottland (McK) 0.6 195.00$ Naveen Jayasundaram 1/23/2012 Business Analysis Create RPK forecast methodology presentation 0.4 130.00$ Naveen Jayasundaram 1/23/2012 Business Analysis Discuss ASM summary sheet and results of growth analysis with A. Bhatia (McK) 0.2 65.00$ William Kersh 1/23/2012 Business Analysis Prepare cost benchmarking methodology definitions for labor CASM, labor cost 3.2 960.00$ William Kersh 1/23/2012 Business Analysis Prepare non-labor cost benchmarks for food and beverage and maintenance materials 2.8 840.00$

William Kersh 1/23/2012 Business Analysis Prepare non-labor cost benchmarks for ad & promotion and sales & distribution 2.4 720.00$ William Kersh 1/23/2012 Business Analysis Prepare cost benchmarking methodology definitions for above- & below-wing and

maintenance for presentation2.3 690.00$

William Kersh 1/23/2012 Business Analysis Prepare non-labor CASM ex fuel benchmark calculation and corresponding presentation 2.2 660.00$

William Kersh 1/23/2012 Business Analysis Prepare non-labor cost benchmarks for fuel and IT per Form 41 data 1.8 540.00$ Keith Williams 1/24/2012 Business Analysis Review Business Plan model assumptions and model 0.7 490.00$ Keith Williams 1/24/2012 Business Analysis Discussion with H. Parkhill (Roths) re: revenue plan and modeling assumptions 0.6 420.00$ Joe Schottland 1/24/2012 Business Analysis Wright amendment review with A. Alexander (McK) 2.1 1,501.50$ Joe Schottland 1/24/2012 Business Analysis Review draft revenue presentation with C. Irvin (AMR), D. Casey (AMR), C. Schubert (AMR)

and S. Walton (McK)1.9 1,358.50$

Joe Schottland 1/24/2012 Business Analysis Meet with B. Norman (AMR) to discuss JBA valuation work 1.5 1,072.50$ Joe Schottland 1/24/2012 Business Analysis Discuss revenue impact methodology for product (IFE, Transcon, Bizclass) with N.

Jayasundaram (McK) and Walton (McK)0.8 572.00$

Joe Schottland 1/24/2012 Business Analysis Update draft revenue presentation based on feedback from D. Casey (AMR)/C. Schubert (AMR) meeting - yield assumption charts

0.8 572.00$

29 of 42




Name Date Task Code Description Time AmountJoe Schottland 1/24/2012 Business Analysis Meet with C. Irvin (AMR) to discuss current business model presentation 0.7 500.50$ Joe Schottland 1/24/2012 Business Analysis McK team meeting to discuss current status and goals for the day S. Walton (McK), A. Bhatia

(McK), N. Jayasundaram (McK), W. Kersh (McK))0.5 357.50$

Joe Schottland 1/24/2012 Business Analysis Team call to discuss yield inflation assumption (N. Jayasundaram (McK), D. Ebenstein (McK), S. Walton (McK))

0.5 357.50$

David Ebenstein 1/24/2012 Business Analysis Call with N. Jayasundaram (McK) re: historical yield regression model, yield forecasting 0.9 495.00$

David Ebenstein 1/24/2012 Business Analysis Call with McK team (Schottland, Walton, Jasyasundara) re: yield inflation 0.5 275.00$ Seth Walton 1/24/2012 Business Analysis Review draft revenue presentation with C. Irvin (AMR), D. Casey (AMR), C. Schubert (AMR)

and J. Schottland (McK)1.9 950.00$

Seth Walton 1/24/2012 Business Analysis Update draft revenue presentation based on feedback from D. Casey (AMR)/C. Schubert (AMR) meeting - ASM growth charts

1.4 700.00$

Seth Walton 1/24/2012 Business Analysis Incorporate revenue presentation updates from N. Jayasundaram (McK) and AD 1.3 650.00$ Seth Walton 1/24/2012 Business Analysis Update draft revenue presentation based on feedback from D. Casey (AMR)/C. Schubert

(AMR) meeting - yield assumption charts0.8 400.00$

Seth Walton 1/24/2012 Business Analysis Discuss revenue impact methodology for product (IFE, Transcon, Bizclass) with N. Jayasundaram (McK) and J. Schottland (McK)

0.8 400.00$

Seth Walton 1/24/2012 Business Analysis Review draft revenue presentation with C. Irvin (AMR) 0.6 300.00$ Seth Walton 1/24/2012 Business Analysis McK team meeting to discuss current status and goals for the day (J. Schottland (McK), A.

Bhatia (McK), N. Jayasundaram (McK), W. Kersh (McK))0.5 250.00$

Seth Walton 1/24/2012 Business Analysis Team call to problem solve on yield inflation assumption (N. Jayasundaram (McK), D. Ebenstein (McK), Schottland)

0.5 250.00$

Seth Walton 1/24/2012 Business Analysis Email exchange with E. Parsons (AMR) on 2012 revenue plan (PRASM assumption) 0.5 250.00$ Seth Walton 1/24/2012 Business Analysis Meet with C. Irvin (AMR) and W. Kersh (McK) to discuss additional support on benchmarking


Andrea Alexander 1/24/2012 Business Analysis Wright amendment review with J Schottland (McK) 2.1 945.00$ Aditya Bhatia 1/24/2012 Business Analysis McK team meeting to discuss current status and goals for the day (J. Schottland (McK), S.

Walton, N. Jayasundaram (McK), W. Kersh (McK))0.5 207.50$

Naveen Jayasundaram 1/24/2012 Business Analysis Extract revenue and ASMs touching DFW for 2011 for analysis by A. Alexander (McK) 1.3 422.50$ Naveen Jayasundaram 1/24/2012 Business Analysis Created list of assumptions and data sources for product impact calculation 1.2 390.00$ Naveen Jayasundaram 1/24/2012 Business Analysis Build international business class capacity and seat growth model using AMR data 1.2 390.00$ Naveen Jayasundaram 1/24/2012 Business Analysis Complete presentation updates, send presentation to McK team 0.9 292.50$

Naveen Jayasundaram 1/24/2012 Business Analysis Discuss revenue impact methodology for product with S. Walton (McK) and J. Schottland (McK)

0.8 260.00$

Naveen Jayasundaram 1/24/2012 Business Analysis Outline information required on A/Cs and seats to R. Solomon (AMR) and T. Muckensturm (AMR)

0.8 260.00$

Naveen Jayasundaram 1/24/2012 Business Analysis Obtained case studies on product impact through email exchange with A. Alexander (McK) 0.7 227.50$

Naveen Jayasundaram 1/24/2012 Business Analysis Prepared product revenue impact analysis for J. Schottland (McK) 0.6 195.00$ Naveen Jayasundaram 1/24/2012 Business Analysis McK team meeting to discuss current status and goals for the day (J. Schottland (McK), A.

Bhatia (McK), W. Kersh, S. Walton (McK))0.5 162.50$

Naveen Jayasundaram 1/24/2012 Business Analysis Discuss data requests on Dallas ASMs and Revenue with A. Alexander (McK) 0.2 65.00$ William Kersh 1/24/2012 Business Analysis Prepare non-labor benchmarking presentation 3.2 960.00$ William Kersh 1/24/2012 Business Analysis Determine if cost validation presentation agreed to non-labor CASM results for cost gap to

competitors3.2 960.00$

William Kersh 1/24/2012 Business Analysis Prepare cost validation section for food and beverage and maintenance materials 2.8 840.00$ William Kersh 1/24/2012 Business Analysis Prepare non-labor cost analysis for facilities and purchasing 2.5 750.00$ William Kersh 1/24/2012 Business Analysis Prepare cost validation section for fuel and IT 1.8 540.00$ William Kersh 1/24/2012 Business Analysis Prepare cost validation section for ad & promotion and sales & distribution presentation 1.4 420.00$

William Kersh 1/24/2012 Business Analysis McK team meeting to discuss current status and goals for the day (J. Schottland (McK), A. Bhatia (McK), N. Jayasundaram (McK), S. Walton (McK))

0.5 150.00$

William Kersh 1/24/2012 Business Analysis Meet with C. Irvin (AMR) and S. Walton (McK) to discuss additional support on benchmarking presentation

0.5 150.00$

Seth Goldstrom 1/25/2012 Business Analysis Working on model analysis document 0.5 447.50$ Seth Goldstrom 1/25/2012 Business Analysis Meeting with AMR Procurement and Human resource team on costs 0.4 358.00$ Seth Goldstrom 1/25/2012 Business Analysis Review benchmark analysis 0.2 179.00$ Alex Dichter 1/25/2012 Business Analysis AMR team problem solving session 0.5 475.00$ Keith Williams 1/25/2012 Business Analysis Review Business Model with updated revenue projections and financing assumptions 1.1 770.00$

Keith Williams 1/25/2012 Business Analysis Discussion with N. Safran (AMR) re: due diligence request items regarding historical revenue and Wright

0.4 280.00$

Joe Schottland 1/25/2012 Business Analysis Product and layers analysis and review with A. Alexander (McK) 2.4 1,716.00$ Joe Schottland 1/25/2012 Business Analysis Meet with A. Caple (AMR) to discuss codeshare valuation methodology 1.7 1,215.50$ Joe Schottland 1/25/2012 Business Analysis Follow up analysis on bottom up methodology and presentation related to Wright

Amendment1.4 1,001.00$

Joe Schottland 1/25/2012 Business Analysis Follow up discussion with B. Norma (AMR) on alliance value 1.1 786.50$ Joe Schottland 1/25/2012 Business Analysis McK team meeting to discuss current status and goals for the day (S. Walton, A. Bhatia, N.

Jayasundaram, W. Kersh)0.5 357.50$

Abhi Bhatnagar 1/25/2012 Business Analysis Develop analyses template, benchmarks and best practices in HRO 1.1 577.50$ Abhi Bhatnagar 1/25/2012 Business Analysis Prepare for meeting with HR and David 0.5 262.50$ Abhi Bhatnagar 1/25/2012 Business Analysis Revise HR contracts for call with J. MacLain (AMR) 0.3 157.50$ Seth Walton 1/25/2012 Business Analysis Update revenue presentation based on edits from J. Schottland (McK) 2.6 1,300.00$

30 of 42




Name Date Task Code Description Time AmountSeth Walton 1/25/2012 Business Analysis Update revenue presentation based on report from J. Schottland (McK) (product, codeshare,

etc.)2.1 1,050.00$

Seth Walton 1/25/2012 Business Analysis Prepare creditor revenue presentation; modify based on late change to "Other" revenue 1.5 750.00$

Seth Walton 1/25/2012 Business Analysis Update network plan presentation to be segment-based rather than O&D-based 1.1 550.00$ Seth Walton 1/25/2012 Business Analysis Incorporate final line edits to presentation 0.8 400.00$ Seth Walton 1/25/2012 Business Analysis Incorporate feedback from meeting and send interim update draft to AMR team 0.6 300.00$ Seth Walton 1/25/2012 Business Analysis Discuss publishing simplified revenue model for Friday Feb 3rd with N. Jayasundaram (McK) 0.6 300.00$

Seth Walton 1/25/2012 Business Analysis McK team meeting to discuss current status and goals for the day (J. Schottland, A. Bhatia, N. Jayasundaram, W. Kersh)

0.5 250.00$

Andrea Alexander 1/25/2012 Business Analysis Product and layers analysis and review with J. Schottland (McK) 2.4 1,080.00$ Aditya Bhatia 1/25/2012 Business Analysis Discussed objective and key assumptions of analysis with N. Jayasundaram (Mck) 0.8 332.00$ Aditya Bhatia 1/25/2012 Business Analysis McK team meeting to discuss current status and goals for the day (J. Schottland, W. Kersh, N.

Jayasundaram, S. Walton)0.5 207.50$

Naveen Jayasundaram 1/25/2012 Business Analysis Assessed hard codes in current version of revenue model and briefly reviewed their sources and assumptions

2.0 650.00$

Naveen Jayasundaram 1/25/2012 Business Analysis Created and annotated revenue model architecture presentation 2.0 650.00$ Naveen Jayasundaram 1/25/2012 Business Analysis Created approach for upside from product improvements 1.8 585.00$ Naveen Jayasundaram 1/25/2012 Business Analysis Use Revenue by Cabin from Form 41 data and ASMs from capacity forecast to calculate OA

yields by cabin1.8 585.00$

Naveen Jayasundaram 1/25/2012 Business Analysis Walked through hub analysis model, prepared questions for A. Bhatia (McK) 1.6 520.00$ Naveen Jayasundaram 1/25/2012 Business Analysis Created revenue model architecture diagram, refined for gauge and capacity analysis 1.4 455.00$

Naveen Jayasundaram 1/25/2012 Business Analysis Create request to R. Solomon (AMR) on additional seat breakout by cabin for international segments

1.3 422.50$

Naveen Jayasundaram 1/25/2012 Business Analysis Email exchange with J. Fisher (McK) on collecting or estimating international business class RASMs

0.9 292.50$

Naveen Jayasundaram 1/25/2012 Business Analysis Incorporate business class seat percentage with total ASMs and avg. fare to get business class revenue

0.8 260.00$

Naveen Jayasundaram 1/25/2012 Business Analysis Discussed objective and key assumptions of hub analysis with A. Bhatia (Mck) 0.8 260.00$ Naveen Jayasundaram 1/25/2012 Business Analysis McK team meeting to discuss current status and goals for the day (J. Schottland, A. Bhatia, W.

Kersh, S. Walton)0.5 162.50$

Naveen Jayasundaram 1/25/2012 Business Analysis Discussed work item around publishing simplified revenue model for Friday Feb 3rd with S. Walton (McK)

0.3 97.50$

William Kersh 1/25/2012 Business Analysis Prepare updated labor costs benchmark calculations for creditor presentation 2.9 870.00$ William Kersh 1/25/2012 Business Analysis McK team meeting to discuss current status and goals for the day (S. Walton, A. Bhatia, N.

Jayasundaram, W. Kersh)0.5 150.00$

Kavita Suri 1/25/2012 Business Analysis Client research 1.5 300.00$ Seth Goldstrom 1/26/2012 Business Analysis Meeting with S. Walton (McK) on Jan 18 deck prep and next steps 0.2 179.00$ Seth Goldstrom 1/26/2012 Business Analysis Call with S. Walton (McK) discussing revised fleet plan numbers 0.2 179.00$ Seth Goldstrom 1/26/2012 Business Analysis Call with C. Irvin (AMR) on fleet plan numbers 0.2 179.00$ Alex Dichter 1/26/2012 Business Analysis MTG w/V. Vahidi @ AMR 0.5 475.00$ Keith Williams 1/26/2012 Business Analysis Debrief with C. Irvin (AMR) on meeting and deliverables for next weeks meetings 1.3 910.00$ Keith Williams 1/26/2012 Business Analysis Review and edit labor presentation for J. Brundage 0.8 560.00$ Joe Schottland 1/26/2012 Business Analysis Analyze seat counts in model and implications for ASMs 2.2 1,573.00$ Joe Schottland 1/26/2012 Business Analysis Review latest materials related to codeshare valuation for speaking notes 1.5 1,072.50$ Joe Schottland 1/26/2012 Business Analysis Review gate and slot constraints materials from P. Quayle (AMR) 1.1 786.50$ Joe Schottland 1/26/2012 Business Analysis Call with C. Irvin (AMR), R. Solomon (AMR), and S Walton (Mck) to discuss latest revenue

model output0.9 643.50$

Joe Schottland 1/26/2012 Business Analysis Review C Shubert's (AMR)presentations for meeting prep 0.8 572.00$ Joe Schottland 1/26/2012 Business Analysis Meeting with C. Irvin (AMR) to discuss support needed over weekend 0.6 429.00$ Joe Schottland 1/26/2012 Business Analysis Conf call with A. Alexander (McK) to discuss OA order book 0.5 357.50$ Seth Walton 1/26/2012 Business Analysis Call with C. Irvin (AMR), Ryan Solomon, and J Schottland (mck) to discuss latest revenue

model output0.9 450.00$

Seth Walton 1/26/2012 Business Analysis Meeting with C. Irvin (AMR) to discuss support needed over weekend 0.6 300.00$ Seth Walton 1/26/2012 Business Analysis Update network analysis and send to C. Schubert (AMR) (answering his questions) 0.5 250.00$ Seth Walton 1/26/2012 Business Analysis Meeting with S. Goldstrom (McK) on Jan 18 deck prep and next steps 0.2 100.00$ Seth Walton 1/26/2012 Business Analysis Call with S. Goldstrom (McK) discussing revised fleet plan numbers 0.2 100.00$ Andrea Alexander 1/26/2012 Business Analysis Conf call with J. Schottland (McK) to discuss OA order book 0.5 225.00$ Aditya Bhatia 1/26/2012 Business Analysis Walked through key areas of cost model such as variable costs per pax and its components

with N. Jayasundaram(McK)1.8 747.00$

Naveen Jayasundaram 1/26/2012 Business Analysis Calculated revenue and average fare history by cabin by running MS Access queries 2.4 780.00$

Naveen Jayasundaram 1/26/2012 Business Analysis Created Excel model for Transcon revenue using premium and economy cabin fare gains and fare history

1.9 617.50$

Naveen Jayasundaram 1/26/2012 Business Analysis Walked through key areas of cost model such as variable costs per pax and its components with A. Bhatia (McK)

1.8 585.00$

Naveen Jayasundaram 1/26/2012 Business Analysis Created filters in network plan to extract Transcon ASMs and A/Cs for relevant years (part of Product analysis)

1.7 552.50$

Seth Goldstrom 1/27/2012 Business Analysis Call with S. Walton, D. Ebenstein (McK), J. Schottland to discuss scenarios and plan for next couple days

0.4 358.00$

Seth Goldstrom 1/27/2012 Business Analysis Reviewing emails related to case 0.3 268.50$ Keith Williams 1/27/2012 Business Analysis Review and provide comments on business plan presentation for 1/30 meeting 1.1 770.00$

31 of 42




Name Date Task Code Description Time AmountKeith Williams 1/27/2012 Business Analysis Meeting with C. Irvin (AMR) on labor presentation and business plan presentation for

Monday 1/30.0.8 560.00$

Joe Schottland 1/27/2012 Business Analysis Discussions on product analysis with N. Jayasundaram (McK) and S Walton (Mck) 1.5 1,072.50$ Joe Schottland 1/27/2012 Business Analysis Review of various model outputs from A. Bhatia (McK) 1.2 858.00$ Joe Schottland 1/27/2012 Business Analysis Review first draft of B. Goulet's AMR Jan 30th presentation 1.1 786.50$ Joe Schottland 1/27/2012 Business Analysis Review results of fare data review from S. Walton (McK) 1.0 715.00$ Joe Schottland 1/27/2012 Business Analysis Conf call with C. Irvin (AMR) to go through first draft materials on product 1.0 715.00$ Joe Schottland 1/27/2012 Business Analysis Follow up problem solving on product analysis with N. Jayasundaram (McK) and Walton (McK) 0.9 643.50$

Joe Schottland 1/27/2012 Business Analysis Conf call with C. Irvin (AMR) to go through second round of product review 0.9 643.50$ Joe Schottland 1/27/2012 Business Analysis Problem solving discussion on product analysis with N. Jayasundaram (McK) and S. Walton

(McK)0.8 572.00$

Joe Schottland 1/27/2012 Business Analysis End of week check out discussion with McK team (A. Bhatia, S. Walton, W. Kersh) 0.7 500.50$ Joe Schottland 1/27/2012 Business Analysis Call with S. Walton (McK) on product analysis possibilities and expectations 0.7 500.50$ Joe Schottland 1/27/2012 Business Analysis Review and update model architecture presentation (sent from N. Jayasundaram (McK)) 0.6 429.00$

Joe Schottland 1/27/2012 Business Analysis Call with S. Walton, D. Ebenstein (McK), S. Goldstrom to discuss scenarios and plan for next couple days

0.4 286.00$

David Ebenstein 1/27/2012 Business Analysis Conference call with McKinsey team (Schottland and Goldstom) regarding work plan for following week

0.4 220.00$

Seth Walton 1/27/2012 Business Analysis Collect fare data from travel websites for product analysis 2.1 1,050.00$ Seth Walton 1/27/2012 Business Analysis Follow up problem solving on product with N. Jayasundaram (McK) and J. Schottland (McK) 1.5 750.00$

Seth Walton 1/27/2012 Business Analysis Problem solving discussion on Product with N. Jayasundaram (McK) and J. Schottland (McK) 0.7 350.00$

Seth Walton 1/27/2012 Business Analysis Call with J. Schottland (McK) on product analysis possibilities and expectations 0.7 350.00$ Seth Walton 1/27/2012 Business Analysis Review and update model architecture presentation (sent from N. Jayasundaram (McK)) 0.6 300.00$

Seth Walton 1/27/2012 Business Analysis End of week check out discussion with McK team (A. Bhatia , J. Schottland, W. Kersh) 0.5 250.00$ Seth Walton 1/27/2012 Business Analysis Summarize fare data and send to J. Schottland (McK) and N. Jayasundaram (McK) 0.4 200.00$ Aditya Bhatia 1/27/2012 Business Analysis End of week check out discussion with McK team (S. Walton , J. Schottland, W Kersh) 0.7 290.50$ Naveen Jayasundaram 1/27/2012 Business Analysis Investigated Transcon analysis, discussed with J. Schottland (McK) and C. Irvin (AMR) 2.0 650.00$ Naveen Jayasundaram 1/27/2012 Business Analysis Created revenue projections using ASMs and seat map info from AMR 1.9 617.50$

Naveen Jayasundaram 1/27/2012 Business Analysis Created revenue projections using relevant ASMs and RASM premium assumptions 1.6 520.00$

Naveen Jayasundaram 1/27/2012 Business Analysis Created calculation to find A/Cs retrofitted by year, used percentage completed to build revenue gain ramp

1.6 520.00$

Naveen Jayasundaram 1/27/2012 Business Analysis Reviewed calculation with S. Walton (McK) and J. Schottland (McK) and updated formula to be NPV-driven in various discussions

1.5 487.50$

Naveen Jayasundaram 1/27/2012 Business Analysis Updated analysis to use amortized investments 1.4 455.00$ Naveen Jayasundaram 1/27/2012 Business Analysis Completed product analysis for discussion with C Irvin (AMR) 1.1 357.50$

Naveen Jayasundaram 1/27/2012 Business Analysis Discussed product analysis with C. Irvin (AMR) including revenue ramp 1.0 325.00$

Naveen Jayasundaram 1/27/2012 Business Analysis Prepare update on product analysis for S. Walton (McK) and J. Schottland (McK) 0.9 292.50$ Naveen Jayasundaram 1/27/2012 Business Analysis Discussed product analysis with C. Irvin (AMR) including revenue ramp 0.8 260.00$

Naveen Jayasundaram 1/27/2012 Business Analysis End of week check out discussion with A. Bhatia (McK), S. Walton (McK), J. Schottland (McK) and W. Kersh (McK)

0.7 227.50$

William Kersh 1/27/2012 Business Analysis Review client-prepared RASM gap analysis to determine gap to competitors 2.9 870.00$ William Kersh 1/27/2012 Business Analysis Determine cause of RASM gap between client-prepared and McK-prepared analysis 2.5 750.00$ William Kersh 1/27/2012 Business Analysis Prepare updated McK RASM gap calculation and benchmark against competitors 2.4 720.00$ William Kersh 1/27/2012 Business Analysis Prepare PRASM vs RASM gap calculation excluding transport related revenue for mainline

carriers1.4 420.00$

William Kersh 1/27/2012 Business Analysis Conference call with internal McK team (J. Schottland, D. Ebenstein, S. Walton) to discuss priorities for week of 1/30

0.7 210.00$

Joe Schottland 1/28/2012 Business Analysis Conf call with C. Irvin (AMR) to discuss inputs into AMR's presentation 1.5 1,072.50$ Joe Schottland 1/28/2012 Business Analysis Review approach to product revenue analyses 1.1 786.50$ Joe Schottland 1/28/2012 Business Analysis Review ASM growth presentation and analysis and provide inputs 1.0 715.00$ Joe Schottland 1/28/2012 Business Analysis Conf call with N. Jayasundaram (McK) and S. Walton (McK) to discuss latest product analysis 0.9 643.50$

Joe Schottland 1/28/2012 Business Analysis Follow up conversation with C. Irvin (AMR) on product and retrofits 0.7 500.50$ Joe Schottland 1/28/2012 Business Analysis Conf call with D. Casey (AMR) related to product driven RASM 0.5 357.50$ Seth Walton 1/28/2012 Business Analysis Conf call with N. Jayasundaram (McK) and J. Schottland (McK) to discuss latest product

analysis0.9 450.00$

Naveen Jayasundaram 1/28/2012 Business Analysis Conf call with J. Schottland (McK) to discuss latest product analysis 0.9 292.50$ Seth Goldstrom 1/29/2012 Business Analysis Review emails 0.5 447.50$ Joe Schottland 1/29/2012 Business Analysis Review business case materials and network plan related to product analysis 1.5 1,072.50$ Joe Schottland 1/29/2012 Business Analysis Conf call with C. Irvin (AMR), V. Raja (AMR), S. Walton (McK) and N. Jayasundaram (McK) to

discuss product1.1 786.50$

Joe Schottland 1/29/2012 Business Analysis Conf call with J. Butler (AMR) on transcontinental RASM gap 0.7 500.50$ Joe Schottland 1/29/2012 Business Analysis Conf Call with V. Raja (AMR) related to aircraft product analysis 0.5 357.50$

32 of 42




Name Date Task Code Description Time AmountSeth Walton 1/29/2012 Business Analysis Follow up call on product analysis with C. Irvin (AMR) and J. Schottland (McK) and N.

Jayasundaram (McK)1.1 550.00$

Naveen Jayasundaram 1/29/2012 Business Analysis Follow up call on product with C. Irvin (AMR) and J. Schottland (McK) and S. Walton (McK) 1.1 357.50$

Seth Goldstrom 1/30/2012 Business Analysis Review analysis materials for product discussion 0.5 447.50$ Seth Goldstrom 1/30/2012 Business Analysis Meeting with C. Irvin (AMR) and S. Walton (McK) to review documents 0.3 268.50$ Seth Goldstrom 1/30/2012 Business Analysis Meeting with S. Walton (McK), D. Ebenstein (McK), J. Schottland (McK), E. Van Metre (McK)

on priorities0.3 268.50$

Seth Goldstrom 1/30/2012 Business Analysis Meeting with J. MacLean (AMR) from procurement 0.3 268.50$ Seth Goldstrom 1/30/2012 Business Analysis Meeting with AMR team to discuss Friday advisor meeting 0.3 268.50$ Seth Goldstrom 1/30/2012 Business Analysis Call with C. Irvin (AMR) on Friday advisor meeting 0.1 89.50$ Evan Van Metre 1/30/2012 Business Analysis Meeting with S. Walton (McK), D. Ebenstein (McK), J. Schottland (McK), S. Goldstrom (McK)


Joe Schottland 1/30/2012 Business Analysis Problem solving discussion with N. Jayasundara (McK) and S. Walton (McK) on Product analysis

0.9 643.50$

Joe Schottland 1/30/2012 Business Analysis Meeting with S. Walton (McK), D. Ebenstein (McK), S. Goldstrom (McK), E. Van Metre (McK) on priorities

0.3 214.50$

David Dorton 1/30/2012 Business Analysis Meeting with Jeffries (AMR) on Worker's Comp spend trends 1.1 715.00$ David Dorton 1/30/2012 Business Analysis Meeting with Carrasco (AMR) on purchasing data by vendor 0.9 585.00$ David Dorton 1/30/2012 Business Analysis Meeting with J. MacLean (AMR) on IT and HR Contracts 0.8 520.00$ David Dorton 1/30/2012 Business Analysis Meeting with Leibman (AMR) on IT spend 0.6 390.00$ David Ebenstein 1/30/2012 Business Analysis Update analysis on product investment with J Schottland (Mck), N Jasasundara (mck), and

Walton (Mck)0.7 385.00$

David Ebenstein 1/30/2012 Business Analysis Review 3rd party and McKinsey research on value of product improvements in airlines 0.6 330.00$

David Ebenstein 1/30/2012 Business Analysis McKinsey team (S Walton, V Metre. Goldstrom, J Schottland) meeting on plan for the week 0.3 165.00$

Abhi Bhatnagar 1/30/2012 Business Analysis Prepare for meeting with T. Langenbahn and D. Dorton (McK) 1.1 577.50$ Abhi Bhatnagar 1/30/2012 Business Analysis Internal problem solving on initiative for AMR IT 0.8 420.00$ Seth Walton 1/30/2012 Business Analysis Problem solving discussion with J. Schottland, D. Ebenstein (McK), and N. Jayasundaram

(McK) on "product" analysis0.7 350.00$

Seth Walton 1/30/2012 Business Analysis Create draft presentation for Friday "model overview" 0.6 300.00$ Seth Walton 1/30/2012 Business Analysis Summarize international business class premium data and send to N .Jayasundaram (McK) 0.6 300.00$

Seth Walton 1/30/2012 Business Analysis Research fleet age data at request of Rothschild 0.4 200.00$ Seth Walton 1/30/2012 Business Analysis Meeting with C. Irvin (AMR) and S. Goldstrom (McK) to review documents 0.3 150.00$ Seth Walton 1/30/2012 Business Analysis Meeting with E. Van Metre(McK), D. Ebenstein (McK), J. Schottland (McK), S. Goldstrom (McK)


Naveen Jayasundaram 1/30/2012 Business Analysis Created yield growth back up presentation to include detail on calculation steps 1.3 422.50$ Naveen Jayasundaram 1/30/2012 Business Analysis Extracted variable costs from cost model to incorporate into product analysis 1.2 390.00$ Naveen Jayasundaram 1/30/2012 Business Analysis Problem solving discussion with J. Schottland (McK), D Ebenstein (Mck) and S. Walton (McK)

on Product analysis0.7 227.50$

Naveen Jayasundaram 1/30/2012 Business Analysis Made changes to scenario presentation, emailed to J. Schottland (McK) 0.6 195.00$ Naveen Jayasundaram 1/30/2012 Business Analysis Updated scenario analysis using latest revenue model 0.4 130.00$ William Kersh 1/30/2012 Business Analysis Prepare updated non-labor CASM food and beverage and ad and promotion benchmarks and

associated presentation3.1 930.00$

William Kersh 1/30/2012 Business Analysis Revise RASM and PRASM gap to competition presentation 2.8 840.00$ William Kersh 1/30/2012 Business Analysis Prepare updated maintenance materials non-labor CASM benchmarks and associated


Alex Dichter 1/31/2012 Business Analysis AMR Board Call 2.0 1,900.00$ Keith Williams 1/31/2012 Business Analysis Conversation with H Parkhill (Roths) re: Labor and Pension related items 0.8 560.00$ Keith Williams 1/31/2012 Business Analysis Meeting with C.Irvin (AMR) on projections, model assumptions and template 0.6 420.00$ Keith Williams 1/31/2012 Business Analysis Review weekly variance reports for specific trends and areas to be concerned 0.6 420.00$ Keith Williams 1/31/2012 Business Analysis Meeting with C. Irvin (AMR) and B. Goulet (AMR) re: upcoming meetings and anticipated

questions to business plan0.6 420.00$

Keith Williams 1/31/2012 Business Analysis Discussion with G. Schwendinger (AMR) regarding cash reporting and variance 0.4 280.00$ Joe Schottland 1/31/2012 Business Analysis Meet with C. Irvin (AMR), S. Walton (McK) and D. Ebenstien (McK), and H Parkhill, Y Choi, etc.

(Rothschild) to discuss plan for Friday "model overview" session1.0 715.00$

David Dorton 1/31/2012 Business Analysis Meeting with Langenbohm (AMR) and Masica (AMR) on IT contract negotiation strategy 1.2 780.00$

David Ebenstein 1/31/2012 Business Analysis Update assumptions and assessment of modification 0.9 495.00$ David Ebenstein 1/31/2012 Business Analysis Review market forecast section of model, provide comments to team 0.7 385.00$ David Ebenstein 1/31/2012 Business Analysis Review updated creditor presentation, provide comments to team 0.4 220.00$ Abhi Bhatnagar 1/31/2012 Business Analysis Prepare document for meeting with AMR team 2.5 1,312.50$ Abhi Bhatnagar 1/31/2012 Business Analysis Meeting with AMR team 1.2 630.00$ Abhi Bhatnagar 1/31/2012 Business Analysis Review document and edit comments for meeting with Tom and K Masica 1.0 525.00$ Seth Walton 1/31/2012 Business Analysis Create "appendix" presentation comparing RPM growth to other sources 1.7 850.00$ Seth Walton 1/31/2012 Business Analysis Create "appendix" presentation for Gauge analysis 1.2 600.00$ Seth Walton 1/31/2012 Business Analysis Meet with C. Irvin (AMR), J. Schottland (McK) and D. Ebenstien (McK), and H Parkhill, Y Choi,

etc. (Rothschild) to discuss plan for Friday "model overview" session1.0 500.00$

Seth Walton 1/31/2012 Business Analysis Edit "appendix" presentation for Yield inflation analysis 0.9 450.00$ Seth Walton 1/31/2012 Business Analysis Follow up discussion with C. Irvin (AMR) and Y. Choi (Rothschild) on plan for model review

during week of Feb 60.9 450.00$

33 of 42




Name Date Task Code Description Time AmountSeth Walton 1/31/2012 Business Analysis Discussed starting points and final output for revenue model for Friday meeting with N.

Jayasundara (McK)0.8 400.00$

Seth Walton 1/31/2012 Business Analysis Edit and integrate "Product" appendix into presentation for Friday 0.6 300.00$ Seth Walton 1/31/2012 Business Analysis Meet to discuss current status on work streams and plan for the day (McK team - J.

Schottland, W. Kersh, N. Jayasundaram)0.5 250.00$

Seth Walton 1/31/2012 Business Analysis Edit and integrate "Codeshare" appendix into presentation for Friday 0.5 250.00$ Naveen Jayasundaram 1/31/2012 Business Analysis Created sheet to project market share changes by cell using supply-demand balance 2.1 682.50$ Naveen Jayasundaram 1/31/2012 Business Analysis Incorporated yield growth assumption to create PRASM growth table due to market 1.9 617.50$ Naveen Jayasundaram 1/31/2012 Business Analysis Created RPM growth sheet including multipliers and GDP forecasts to bring in to revenue

model1.8 585.00$

Naveen Jayasundaram 1/31/2012 Business Analysis Verified values against current model, imported traffic growth sheet into main model 1.7 552.50$

Naveen Jayasundaram 1/31/2012 Business Analysis Created industry capacity sheet, connected out years to demand growth 1.4 455.00$ Naveen Jayasundaram 1/31/2012 Business Analysis Created AMR-driven revenue driver sheet 1.2 390.00$ Naveen Jayasundaram 1/31/2012 Business Analysis Created back up sheets for codeshare and JBA, connect to AMR-driven PRASM summary

sheet1.2 390.00$

Naveen Jayasundaram 1/31/2012 Business Analysis Replaced hard coded values for gauge with back up sheet containing coefficient-based calculations

0.9 292.50$

Naveen Jayasundaram 1/31/2012 Business Analysis Discussed starting points and final output for revenue model for Friday meeting with S. Walton (McK)

0.8 260.00$

Naveen Jayasundaram 1/31/2012 Business Analysis Problem solving discussion and status review with S. Walton (McK) on revenue model for Friday

0.7 227.50$

William Kersh 1/31/2012 Business Analysis Review non-labor CASM draft presentation and update presentation 3.2 960.00$ William Kersh 1/31/2012 Business Analysis Additional revision to RASM and PRASM gap to competitor presentation 1.7 510.00$ Guenter Fuchs 1/31/2012 Business Analysis Research on airline partnerships 3.0 600.00$

Total Business Analysis 1,875.1 935,522.50$

34 of 42




Name Date Task Code Description Time Amount

David Ebenstein 1/2/2012 Travel Travel to Dallas 1.7 935.00$ Seth Goldstrom 1/3/2012 Travel Travel from dallas to Atlanta 2.0 1,790.00$ Joe Schottland 1/3/2012 Travel Travel from NYC to DFW 1.0 715.00$ Seth Walton 1/3/2012 Travel Travel from Atlanta to Dallas 2.3 1,125.00$ Andrea Alexander 1/3/2012 Travel Traveled from LGA to DFW 3.3 1,462.50$ Aditya Bhatia 1/3/2012 Travel Travel from NY to DFW 3.0 1,245.00$ Naveen Jayasundaram 1/3/2012 Travel Travel from NYC to Dallas 3.0 975.00$ William Kersh 1/3/2012 Travel Travel from New York, NY to Dallas, TX 3.0 900.00$ John Fisher 1/3/2012 Travel Travel to Dallas 2.6 650.00$ Connor Morrison 1/3/2012 Travel Travel from Philadelphia to Dallas 3.0 750.00$ Evan Van Metre 1/4/2012 Travel Travel to AMR 2.1 1,834.75$ Evan Van Metre 1/4/2012 Travel Travel back from AMR 2.1 1,834.75$ David Ebenstein 1/5/2012 Travel Air travel 1.0 522.50$ Seth Walton 1/5/2012 Travel Travel from Dallas to Atlanta 2.3 1,125.00$ Andrea Alexander 1/5/2012 Travel Travel time home from client 1.0 450.00$ Aditya Bhatia 1/5/2012 Travel Travel from DFW to NY 1.8 726.25$ Naveen Jayasundaram 1/5/2012 Travel Travel from Dallas to NYC 3.0 975.00$ William Kersh 1/5/2012 Travel Travel from Dallas, TX to New York, NY 3.0 900.00$ John Fisher 1/5/2012 Travel Travel time from Dallas to Atlanta 2.8 700.00$ Connor Morrison 1/5/2012 Travel Travel from Dallas to Philadelphia 2.1 525.00$ David Ebenstein 1/8/2012 Travel Travel to Dallas 1.6 852.50$ Seth Goldstrom 1/9/2012 Travel Air Travel 2.0 1,790.00$ Alex Dichter 1/9/2012 Travel Travel to Dallas, Tx from Tokyo, Japan 5.8 5,462.50$ Alex Dichter 1/9/2012 Travel Travel from Dallas, Tx to Atlanta 1.0 950.00$ Joe Schottland 1/9/2012 Travel Travel from New York to Dallas 2.2 1,537.25$ Seth Walton 1/9/2012 Travel Travel from Atlanta to Dallas 1.5 750.00$ Andrea Alexander 1/9/2012 Travel Travel from LGA to DFW 3.3 1,462.50$ Aditya Bhatia 1/9/2012 Travel Travel from NY to DFW 3.0 1,245.00$ Naveen Jayasundaram 1/9/2012 Travel Travel from NYC to Dallas 3.0 975.00$ William Kersh 1/9/2012 Travel Travel from New York, NY to Dallas, TX 3.0 900.00$ Seth Goldstrom 1/10/2012 Travel Travel from Dallas to Atlanta 2.0 1,790.00$ Evan Van Metre 1/10/2012 Travel Travel to AMR 2.2 1,924.25$ Evan Van Metre 1/10/2012 Travel Travel back to ATL 2.1 1,834.75$ David Dorton 1/10/2012 Travel AA 1533 Atl to DFW and taxi to AA HQ 1.4 910.00$ David Ebenstein 1/12/2012 Travel Travel to NY 1.6 880.00$ Andrea Alexander 1/12/2012 Travel Travel to ATL 2.0 900.00$ Aditya Bhatia 1/12/2012 Travel Travel from DFW to NY 1.5 622.50$ Naveen Jayasundaram 1/12/2012 Travel Travel from Dallas to NYC 2.4 780.00$ William Kersh 1/12/2012 Travel Travel from Dallas, Tx to New York, NY 1.8 525.00$ Joe Schottland 1/13/2012 Travel Travel from Dallas to New York 2.0 1,430.00$ David Dorton 1/13/2012 Travel Travel AA #1354 DFW to Atl 1.2 747.50$ Seth Walton 1/13/2012 Travel Travel from Dallas to Atlanta 1.5 750.00$ Seth Goldstrom 1/16/2012 Travel Travel from Atlanta to Dallas AMR HQ 2.0 1,790.00$ Joe Schottland 1/16/2012 Travel Travel from New York to Dallas 1.4 965.25$ David Dorton 1/16/2012 Travel AA 1533 Atl to DFW and taxi to AA HQ 1.4 910.00$ David Ebenstein 1/16/2012 Travel Travel from NY to Dallas 2.1 1,127.50$ Seth Walton 1/16/2012 Travel Travel from Atlanta to Dallas 1.5 750.00$ Andrea Alexander 1/16/2012 Travel Traveled from LGA to DFW 3.2 1,440.00$ Aditya Bhatia 1/16/2012 Travel Travel from NY to DFW 3.0 1,245.00$ Naveen Jayasundaram 1/16/2012 Travel Travel from NYC to Dallas 3.0 975.00$ William Kersh 1/16/2012 Travel Travel from New York, NY to Dallas, TX 3.0 900.00$ Evan Van Metre 1/17/2012 Travel Travel to AMR 2.0 1,790.00$ Abhi Bhatnagar 1/18/2012 Travel Travel from Dallas to Atlanta GA 1.8 945.00$ Abhi Bhatnagar 1/18/2012 Travel Travel from Atlanta to Dallas 1.3 656.25$ Seth Goldstrom 1/19/2012 Travel Travel from Atlanta to Dallas AMR HQ 2.0 1,790.00$ Evan Van Metre 1/19/2012 Travel Travel from AMR 1.1 984.50$ Joe Schottland 1/19/2012 Travel Flight from Dallas to New York (time not working) 0.6 393.25$ David Dorton 1/19/2012 Travel AA 2210 DFW to ATL 1.4 877.50$ David Ebenstein 1/19/2012 Travel Travel from Dallas to NY (time not spent working) 1.6 852.50$ Andrea Alexander 1/19/2012 Travel Travel from DFW to LGA 1.2 517.50$ Aditya Bhatia 1/19/2012 Travel Travel from DFW to NY 1.3 518.75$ William Kersh 1/19/2012 Travel Travel from Dallas, Tx to New York, NY 2.0 600.00$ Seth Walton 1/20/2012 Travel Travel from Dallas to New York 2.8 1,375.00$ Seth Goldstrom 1/23/2012 Travel Travel from Dallas to ATL 2.0 1,790.00$ Seth Goldstrom 1/23/2012 Travel Travel from Atlanta to Dallas AMR HQ 2.0 1,790.00$ Joe Schottland 1/23/2012 Travel Travel from New York to Dallas 0.6 393.25$ Seth Walton 1/23/2012 Travel Travel from Atlanta to Dallas 2.2 1,075.00$ Naveen Jayasundaram 1/23/2012 Travel Travel from New York to Dallas 3.0 975.00$ William Kersh 1/23/2012 Travel Travel from New York, NY to Dallas, TX 2.0 600.00$ Alex Dichter 1/25/2012 Travel Flight from SCL to DFW 5.2 4,892.50$ Seth Goldstrom 1/26/2012 Travel Travel from Dallas to Atlanta 2.0 1,790.00$ Alex Dichter 1/26/2012 Travel Flight from DFW to NRT 5.2 4,892.50$ Joe Schottland 1/26/2012 Travel Dallas to NY 0.8 536.25$

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Name Date Task Code Description Time AmountSeth Walton 1/26/2012 Travel Dallas to Atlanta 2.3 1,125.00$ Naveen Jayasundaram 1/26/2012 Travel Travel from Dallas to New York 1.8 568.75$ William Kersh 1/26/2012 Travel Travel from Dallas, TX to New York, NY 2.0 600.00$ Seth Goldstrom 1/30/2012 Travel Travel from Atlanta to Dallas AMR HQ 2.0 1,790.00$ David Dorton 1/30/2012 Travel AA 1449 Atl to DFW and taxi to AA HQ 1.4 910.00$ David Ebenstein 1/30/2012 Travel Travel from NYC to DFW 1.8 962.50$ Seth Walton 1/30/2012 Travel Travel from Atlanta to Dallas 2.3 1,125.00$ Naveen Jayasundaram 1/30/2012 Travel Travel from NYC to Dallas 3.0 975.00$ William Kersh 1/30/2012 Travel Travel from New York, NY to Dallas, TX 3.0 900.00$ David Dorton 1/31/2012 Travel AA 1354 DFW to Atl 1.4 910.00$ Seth Walton 1/31/2012 Travel Travel from Dallas to Atlanta 2.3 1,125.00$

Total Travel 180.5 100,288.25$

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Name Date Task Code Description Time AmountSeth Goldstrom 1/3/2012 Creditor Interaction Meeting with Rothschild and AMR to prep for creditor adviser meeting 0.8 716.00$ Seth Goldstrom 1/3/2012 Creditor Interaction Meeting with creditor advisers 0.7 626.50$ David Ebenstein 1/3/2012 Creditor Interaction Participation in meeting with AMR and Mesirow & Moelis re: McKinsey business plan project 0.7 385.00$

Keith Williams 1/9/2012 Creditor Interaction Conference call with Mesirow and Moelis re cash flow forecast and variances 1.3 910.00$ Keith Williams 1/9/2012 Creditor Interaction Preparation for call Mesirow on cash flow, including reviewing the submitted questions and

answering1.1 770.00$

Keith Williams 1/9/2012 Creditor Interaction Review daily cash flow for December and tie lines back to forecast presented to creditor advisers

0.8 560.00$

Keith Williams 1/10/2012 Creditor Interaction Per creditor advisers request, change format, add line items to Cash flow, variance and historical

2.6 1,820.00$

Keith Williams 1/10/2012 Creditor Interaction Review information provided to the creditor advisors 1.3 910.00$ Keith Williams 1/10/2012 Creditor Interaction Cal with D. Montgomery (Mesirow), B. Goulet (AMR), other AMR personnel re: agenda for this

weeks meetings, expectations0.6 420.00$

Keith Williams 1/10/2012 Creditor Interaction Discussion creditor meeting agenda and expectations with N. Safran (AMR) and G. Schwingdinger (AMR)

0.5 350.00$

Keith Williams 1/10/2012 Creditor Interaction Discussion with Nathan re: cash flow call with creditors and responses 0.3 210.00$ Keith Williams 1/11/2012 Creditor Interaction Meeting with creditor advisors, Rothschild, and various AMR line management 4.5 3,150.00$ Keith Williams 1/11/2012 Creditor Interaction Conversation with C. Irvin (AMR) on B.Plan and creditor meetings 0.8 560.00$ Keith Williams 1/11/2012 Creditor Interaction Discussion with G. Schwingdinger (AMR) re: creditor advisor meeting and prep 0.6 420.00$ Keith Williams 1/12/2012 Creditor Interaction Meeting with creditor advisors, Rothschild and various AMR line management (B. McMenamy

(AMR) , K. Hashimito (AMR), D. Herring (AMR), D. Casey (AMR)5.5 3,850.00$

Keith Williams 1/12/2012 Creditor Interaction Discussion with G. Schwingdinger (AMR) on Cash flow and other documents to go to creditor advisors

0.6 420.00$

Keith Williams 1/13/2012 Creditor Interaction Review information requests by creditors 0.9 630.00$ Keith Williams 1/16/2012 Creditor Interaction Call with Mesirow and Moelis regarding cash flow and booking information 0.5 350.00$ Keith Williams 1/16/2012 Creditor Interaction Discussion with G. Schwendinger (AMR) and N. Safran (AMR) re: reporting and upcoming call

with Mesirow and Moelis0.4 280.00$

Keith Williams 1/17/2012 Creditor Interaction Review information requests by creditors on cash and other matters; follow up with G Schwendinger (AMR)

0.3 210.00$

Seth Goldstrom 1/18/2012 Creditor Interaction Call with K. Williams (McK) to discuss creditor meeting and next steps 0.2 179.00$ Keith Williams 1/18/2012 Creditor Interaction Attended creditor labor subcommittee discussion with various members of the committee,

Skaddan, Mesiro, Moelis, Rothschild and AMR3.1 2,170.00$

Keith Williams 1/18/2012 Creditor Interaction Creditor advisor meeting with AMR Network Planning 0.9 630.00$ Keith Williams 1/18/2012 Creditor Interaction Creditor advisor with AMR Intl regulatory 0.5 350.00$ Keith Williams 1/18/2012 Creditor Interaction Creditor advisor meeting with AMR VP of Real Estate 0.4 280.00$ Keith Williams 1/18/2012 Creditor Interaction Various conversation with H. Parkhill (Roths) following the creditor meeting 0.7 490.00$ Keith Williams 1/18/2012 Creditor Interaction Prepare for creditor discussions on real estate 0.3 210.00$ Keith Williams 1/18/2012 Creditor Interaction Follow up conversation with creditor advisors from Moelis and Mesirow re: previous 3

meetings0.3 210.00$

Keith Williams 1/19/2012 Creditor Interaction Meeting with B. Goulet, Z. Jamal (Moelis) and Mesirow advisors to creditor to discuss strategy 2.4 1,680.00$

Keith Williams 1/19/2012 Creditor Interaction Review presentation for meeting with creditor advisors 0.9 630.00$ Keith Williams 1/19/2012 Creditor Interaction Debrief with B. Goulet (AMR) on creditor advisor strategy meeting and next steps 0.4 280.00$ Alex Dichter 1/20/2012 Creditor Interaction Call with J. Schottland (McK) to prepare for next day advisory discussions 1.1 1,045.00$ Keith Williams 1/20/2012 Creditor Interaction Review and track down answers for creditor questions 0.4 280.00$ Joe Schottland 1/20/2012 Creditor Interaction Call with A Dichter (McK) to prepare for next day advisory discussions 1.1 786.50$ Seth Goldstrom 1/23/2012 Creditor Interaction Review draft creditor adviser document 0.6 537.00$ Seth Goldstrom 1/23/2012 Creditor Interaction Meeting with J. Schottland (McK) and S. Walton (McK) on gauge analysis and plan to complete

document for creditor advisor meeting0.3 268.50$

Keith Williams 1/23/2012 Creditor Interaction Review cash flow questions from Mesirow and discussion with Tony on answers 1.4 980.00$ Keith Williams 1/23/2012 Creditor Interaction Review presentations prepared for 1/24 creditor meeting 1.2 840.00$ Keith Williams 1/23/2012 Creditor Interaction Meeting with G. Schwendinger (AMR), C. Schillinger (AMR) and M. Chou (Roths) re: first day

requests, recurring requests and other due diligence matters0.9 630.00$

Keith Williams 1/23/2012 Creditor Interaction Call with Mesirow, Moelis, G. Schwendinger (AMR) re cash flow variance report q&a. 0.5 350.00$ Keith Williams 1/23/2012 Creditor Interaction Discussion with C. Schillinger (AMR) re: requests by Mesirow and procedures 0.4 280.00$ Keith Williams 1/23/2012 Creditor Interaction Review additional requests by creditor advisors with G. Schwendinger (AMR) 0.4 280.00$ Joe Schottland 1/23/2012 Creditor Interaction Build the 1st draft summary pages for January 26th creditor meeting 2.2 1,573.00$ Joe Schottland 1/23/2012 Creditor Interaction Review GDP mythology presentation for Jan 26th creditor meeting 0.5 357.50$ Joe Schottland 1/23/2012 Creditor Interaction Meeting with S Goldstrom (McK) and S. Walton (McK) on gauge analysis and plan to complete

document for creditor advisor meeting0.3 214.50$

Seth Walton 1/23/2012 Creditor Interaction Discuss priorities and presentation formats for creditor deck with N. Jayasundara (McK) 0.3 150.00$

Naveen Jayasundaram 1/23/2012 Creditor Interaction Discuss priorities and presentation formats for creditor deck with S. Walton (McK) 0.3 97.50$ Seth Goldstrom 1/24/2012 Creditor Interaction Reviewing draft creditor adviser document 0.5 447.50$ Seth Goldstrom 1/24/2012 Creditor Interaction Call with E. Van Metre (McK) on Revenue plan meeting with advisors 0.1 89.50$ Evan Van Metre 1/24/2012 Creditor Interaction Call with S. Goldstrom (McK) on Revenue plan meeting with advisors 0.1 89.50$ Keith Williams 1/24/2012 Creditor Interaction Prepare information and presentation for creditor advisor meeting on 1/26 2.1 1,470.00$ Keith Williams 1/24/2012 Creditor Interaction Review revenue presentation for creditor advisors at request of Rothschild 0.7 490.00$ Keith Williams 1/24/2012 Creditor Interaction Discussion with M. Chou (Rothschild) re: meeting with creditor and AMR management

including questions and Mck to do's0.8 560.00$

Joe Schottland 1/24/2012 Creditor Interaction Prepare draft revenue presentation for 1/26 creditor meeting 2.9 2,073.50$ Joe Schottland 1/24/2012 Creditor Interaction Review and revise N. Jayasundaram (McK)'s GDP and growth presentation for Jan 26th

creditor meeting1.5 1,072.50$

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Name Date Task Code Description Time AmountJoe Schottland 1/24/2012 Creditor Interaction Review draft revenue presentation with C. Irvin (AMR) and S Walton (Mck) 0.6 429.00$ Seth Walton 1/24/2012 Creditor Interaction Prepare draft revenue presentation for 1/26 creditor meeting 2.9 1,450.00$ Naveen Jayasundaram 1/24/2012 Creditor Interaction Updated presentation on product impact methodology for creditors 1.4 455.00$ Naveen Jayasundaram 1/24/2012 Creditor Interaction Corrected product methodology presentation for creditors based on feedback from J.

Schottland (McK)0.7 227.50$

Naveen Jayasundaram 1/24/2012 Creditor Interaction Added assumptions on fare premium through product investments to creditors product methodology presentation

0.6 195.00$

Naveen Jayasundaram 1/24/2012 Creditor Interaction Added further assumptions on fare premium through product investments to creditors product methodology presentation

0.4 130.00$

Naveen Jayasundaram 1/24/2012 Business Analysis Created presentation on product impact methodology for creditors 2.2 715.00$ Seth Goldstrom 1/25/2012 Creditor Interaction Meeting with AMR team, Mck team and Rothschild to review creditors advisor document and

discuss3.6 3,222.00$

Seth Goldstrom 1/25/2012 Creditor Interaction Meeting with C. Irvin (AMR), Walton (Mck) and Schottland (Mck) to review creditors document

1.5 1,342.50$

Seth Goldstrom 1/25/2012 Creditor Interaction Revising document for creditor adviser meeting 0.5 447.50$ Seth Goldstrom 1/25/2012 Creditor Interaction Discuss creditor advisor document with S. Walton (McK) 0.1 89.50$ Keith Williams 1/25/2012 Creditor Interaction Meeting with AMR Corp Dev Team, Rothschild and Mck(S. Goldstrom, S. Walton, J.

Schottland) to prep for creditor Advisor meeting on revenue, benchmarking3.6 2,520.00$

Keith Williams 1/25/2012 Creditor Interaction Review creditor presentation and prepared list of questions to expect from creditor advisors 1.2 840.00$

Keith Williams 1/25/2012 Creditor Interaction Review information being provided to the creditor advisors 1.1 770.00$ Keith Williams 1/25/2012 Creditor Interaction Review Benchmarking presentation for creditor Advisor meeting 0.9 630.00$ Keith Williams 1/25/2012 Creditor Interaction Review request from Mesirow re: ABK report and Dec Financials and 2011 Monthly Income

statements0.4 280.00$

Keith Williams 1/25/2012 Creditor Interaction Discussion with G. Schwendinger (AMR) and J. Queen (Roths) on mesirow request, procedures to fulfill and go forward process

0.3 210.00$

Joe Schottland 1/25/2012 Creditor Interaction preparation meeting for 1/26 creditor meeting with Rothschild, AMR and Mck 3.6 2,574.00$ Joe Schottland 1/25/2012 Business Analysis Update product presentation for 1/26 meeting based on feedback 1.5 1,072.50$ Joe Schottland 1/25/2012 Creditor Interaction Prepare speaking notes for 1/26 creditor meeting 2.2 1,573.00$ Joe Schottland 1/25/2012 Creditor Interaction Review latest draft of revenue presentation for creditors with C. Irvin (AMR) and S. Walton

(McK) and S. Goldstrom (McK)1.5 1,072.50$

Joe Schottland 1/25/2012 Creditor Interaction Review talking points for creditor meeting with D. Casey (AMR) 1.0 715.00$ David Ebenstein 1/25/2012 Creditor Interaction Review draft creditor presentation, provide comments to team, edit presentation 1.4 770.00$ Seth Walton 1/25/2012 Creditor Interaction Preparation meeting for 1/26 creditor meeting with Rothschild, AMR and Mck (partial) 3.3 1,650.00$

Seth Walton 1/25/2012 Creditor Interaction Review latest draft of revenue presentation for creditors with C. Irvin (AMR), J. Schottland (McK) and S. Goldstrom (McK)

1.5 750.00$

Seth Walton 1/25/2012 Creditor Interaction Review talking points for creditor meeting with D. Casey (AMR) 0.4 200.00$ William Kersh 1/25/2012 Creditor Interaction Prepare updated non-labor CASM ex fuel benchmark calculations and corresponding for

creditor presentation2.8 840.00$

William Kersh 1/25/2012 Creditor Interaction Prepare updated above- and below-wing and maintenance costs benchmark calculations for creditor presentation

2.4 720.00$

William Kersh 1/25/2012 Creditor Interaction Prepare Labor CASM calculations for creditor presentation 2.3 690.00$ William Kersh 1/25/2012 Creditor Interaction Revision of pilot benchmarks for draft creditor presentation 1.7 510.00$ Seth Goldstrom 1/26/2012 Creditor Interaction Meeting with creditor advisers to discuss revenue model and b plan 2.7 2,416.50$ Seth Goldstrom 1/26/2012 Creditor Interaction Meeting with J. Schottland (McK) to discuss creditor meeting priorities 0.3 268.50$ Seth Goldstrom 1/26/2012 Creditor Interaction Meeting with A. Dichter (McK) to prep for creditor session 0.2 179.00$ Alex Dichter 1/26/2012 Creditor Interaction Meeting with creditor advisers to discuss revenue model and b plan (partial attendance) 2.0 1,900.00$

Alex Dichter 1/26/2012 Creditor Interaction Meeting with S. Goldstrom (McK) to prepare for creditor meeting 0.2 190.00$ Keith Williams 1/26/2012 Creditor Interaction Meeting with AMR, Moelis, Mesirow, Rothschild teams and McK (J. Schottland, S. Goldstrom,

S. Walton).2.7 1,890.00$

Keith Williams 1/26/2012 Creditor Interaction Meeting with Mesirow, Moelis and B. Goulet (AMR) to discuss fleet, financing and Citi 1.1 770.00$

Keith Williams 1/26/2012 Creditor Interaction Meeting with Mesirow, Moelis and J. Maclean (AMR) 0.5 350.00$ Keith Williams 1/26/2012 Creditor Interaction Meeting prep for creditor advisor meeting 0.4 280.00$ Keith Williams 1/26/2012 Creditor Interaction Meeting with Mesirow, Moelis and J. Brundage (Purchasing) 0.4 280.00$ Joe Schottland 1/26/2012 Creditor Interaction Meeting with Moelis and Mesirow (creditors) covering revenue plan, benchmarking, etc. 2.7 1,930.50$

Joe Schottland 1/26/2012 Creditor Interaction Post mortem with C. Irvin (AMR) on Moelis meeting 0.7 500.50$ Joe Schottland 1/26/2012 Creditor Interaction Meeting with S. Goldstrom (McK) to discuss creditor meeting priorities 0.3 214.50$ David Ebenstein 1/26/2012 Creditor Interaction Participate in meeting with creditors (via teleconference) 2.7 1,485.00$ David Ebenstein 1/26/2012 Creditor Interaction Call with J. Schottland (McK) to discuss next steps following creditors meeting 1.1 605.00$ David Ebenstein 1/26/2012 Creditor Interaction Call with S. Walton (McK) to discuss next steps following creditors meeting 0.4 220.00$ Seth Walton 1/26/2012 Creditor Interaction Meeting with Moelis and Mesirow (creditors) covering revenue plan, benchmarking, etc. 2.7 1,350.00$

Seth Walton 1/26/2012 Creditor Interaction Call with D. Ebenstein (McK) to discuss next steps following creditors meeting 0.4 200.00$ William Kersh 1/26/2012 Creditor Interaction Review stakeholder questions from creditor meeting 2.2 660.00$ William Kersh 1/26/2012 Creditor Interaction Dial-in conference call for creditor presentation (Moelis, Mesirow, B. Goulet (AMR), C. Irvin

(AMR), D. Casey (AMR), McK team) (Partial)1.9 570.00$

William Kersh 1/26/2012 Creditor Interaction Outline plan to address stakeholder questions from creditor meeting regarding benchmarks 1.5 450.00$

William Kersh 1/26/2012 Creditor Interaction Attend benchmark discussion for creditor presentation (Moelis, Mesirow, B. Goulet (ARM), C. Irvin (AMR), D. Casey (AMR), McK team) (Partial)

0.6 180.00$

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Name Date Task Code Description Time AmountKeith Williams 1/27/2012 Creditor Interaction Review list of questions from Mesirow on cash flow and abk, discuss with G. Schwendinger

(AMR)0.4 280.00$

Joe Schottland 1/27/2012 Creditor Interaction Review simplified business model architecture for creditor distribution 1.1 786.50$ Joe Schottland 1/29/2012 Creditor Interaction Review AMR's creditor materials and provide final input to C. Irvin (AMR) 1.5 1,072.50$ Seth Goldstrom 1/30/2012 Creditor Interaction creditor labor committee meeting 2.7 2,416.50$ Seth Goldstrom 1/30/2012 Creditor Interaction Meeting with C. Irvin (AMR), S. Walton (McK), J. Schottland (McK) on questions raised by

creditors1.1 984.50$

Seth Goldstrom 1/30/2012 Creditor Interaction Meeting with S. Walton (McK), J. Schottland (McK) on creditor adviser meeting for Friday 0.5 447.50$

Keith Williams 1/30/2012 Creditor Interaction Meeting with Labor Sub Committee of creditors to discuss business plan and revenue 2.7 1,890.00$

Keith Williams 1/30/2012 Creditor Interaction Prepare for meeting at 1:30 with Labor sub committee of creditors committee, review AMR presentation and notes

1.4 980.00$

Keith Williams 1/30/2012 Creditor Interaction Discussion with H.Parkhill (Rothschild) and C Irvin (AMR)re: creditor meeting and remaining to do's prior to Wednesday

0.8 560.00$

Keith Williams 1/30/2012 Creditor Interaction Debrief from meeting with creditor advisors with AMR team 0.6 420.00$ Keith Williams 1/30/2012 Creditor Interaction Meeting to go over Cash flow variance report and ABK report with creditor advisors 0.6 420.00$ Keith Williams 1/30/2012 Creditor Interaction Discussion with C. Irvin (AMR) on creditor presentations and expectations 0.5 350.00$ Keith Williams 1/30/2012 Creditor Interaction Review questions on cash flow from Mesirow on cash flow and abk report 0.4 280.00$ Joe Schottland 1/30/2012 Creditor Interaction Meeting with C. Irvin (AMR), S. Walton (McK), S. Goldstrom (McK) on questions raised by

creditors and product analysis1.1 786.50$

Joe Schottland 1/30/2012 Creditor Interaction Meeting with S. Walton (McK), S. Goldstrom (McK) on creditor adviser meeting for Friday 0.5 357.50$

David Ebenstein 1/30/2012 Creditor Interaction Review first draft of McKinsey presentation for creditors meeting, provide comments to team 1.3 715.00$

Seth Walton 1/30/2012 Creditor Interaction Attend creditors labor sub-committee meeting with advisors 2.7 1,350.00$ Seth Walton 1/30/2012 Creditor Interaction Meeting with C. Irvin (AMR), J. Schottland (McK), S. Goldstrom (McK) on questions raised by

creditors and product analysis1.1 550.00$

Seth Walton 1/30/2012 Creditor Interaction Meeting with J Schottland (McK), S. Goldstrom (McK) on creditor adviser meeting for Friday 0.5 250.00$

Seth Goldstrom 1/31/2012 Creditor Interaction Meeting with Paul Hastings (Flicker, J Gallagher), H. Parkill (Roths), Y. Choi (Roths) and K. Williams (McK) on labor strategy

0.9 805.50$

Keith Williams 1/31/2012 Creditor Interaction Meeting with B. Goulet (AMR) , H. Parkhill (Roths) and L. Lattig and D. Montgomery (Mesirow) advisors to creditors to discuss business plan

1.1 770.00$

Keith Williams 1/31/2012 Creditor Interaction Review information being provided to the creditor advisors 1.1 770.00$ Keith Williams 1/31/2012 Creditor Interaction Meeting with Paul Hastings (Flicker), H. Parkill (Roths), Y. Choi (Roths) and S. Goldstrom (McK)

on labor strategy 0.9 630.00$

Keith Williams 1/31/2012 Creditor Interaction Meeting with C. Irvin (AMR), H. Parkhill (Roths), S. Walton (McK) regarding xxxx 0.7 490.00$ Keith Williams 1/31/2012 Creditor Interaction Discussion with H. Parkhill (Rothschild) and Y. Choi (Rothschild) re projections in outer years

and case strategy0.6 420.00$

Keith Williams 1/31/2012 Creditor Interaction Review additional requests by creditor advisors 0.3 210.00$ David Ebenstein 1/31/2012 Creditor Interaction Develop presentation pages outlining OA capacity forecast approach and calculations for

creditor meeting1.5 825.00$

David Ebenstein 1/31/2012 Creditor Interaction Meeting with C. Irvin (AMR) and S. Walton (McK) on model construction and sharing model with creditors

1.0 550.00$

William Kersh 1/31/2012 Creditor Interaction Review of questions from creditors regarding labor benchmark presentation 2.5 750.00$ William Kersh 1/31/2012 Creditor Interaction Prepare analysis addressing creditor committee labor-related benchmark questions 1.8 540.00$

Total Creditor Interaction 164.7 105,255.00$

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Amber Unkraut 1/2/2012 Application to Employ Stock, Relationship, Conflicts emails sent and tracked 2.0 200.00$ Amber Unkraut 1/2/2012 Application to Employ Included date email sent column 2.0 200.00$ Alison Proshan 1/3/2012 Application to Employ Correspondences with team members to prepare retention application 2.0 1,100.00$ Alison Proshan 1/3/2012 Application to Employ Revise Declaration 1.4 770.00$ Alison Proshan 1/3/2012 Application to Employ Correspondences with team members to prepare retention application 1.4 770.00$ Alison Proshan 1/3/2012 Application to Employ Preparation for retention application 1.2 660.00$ Alison Proshan 1/3/2012 Application to Employ Preparation for retention application 1.2 660.00$ Alison Proshan 1/3/2012 Application to Employ Correspondences with team members to prepare retention application 1.0 550.00$ Alison Proshan 1/3/2012 Application to Employ Conferences with S. Goldstrom re: status of Declaration 1.0 550.00$ Alison Proshan 1/3/2012 Application to Employ Correspondences with Finance re: Declaration 0.4 220.00$ Alison Proshan 1/3/2012 Application to Employ Conference with P. Ivanick re: AUST comments 0.2 110.00$ Seth Goldstrom 1/4/2012 Application to Employ Call with A. Proshan (McK) on retention affidavit 1.0 895.00$ Seth Goldstrom 1/4/2012 Application to Employ Preparing for retention affidavit 1.0 895.00$ Seth Goldstrom 1/4/2012 Application to Employ Discussion with E. Duffy and A. Proshan (McK) on retention agreement 0.5 447.50$ Seth Goldstrom 1/4/2012 Application to Employ Discussion with J. Molino, A. Proshan (McK)and outside counsel on retention agreement 0.3 268.50$

Alison Proshan 1/4/2012 Application to Employ Work and activities re: responding to AUST's request for addiitonal information 2.1 1,155.00$ Alison Proshan 1/4/2012 Application to Employ Conferences with J. Molino and P. Ivanick re: AUST comments 1.4 770.00$ Alison Proshan 1/4/2012 Application to Employ Draft Declaration revisions 1.4 770.00$ Alison Proshan 1/4/2012 Application to Employ Review AUST comments on draft Declaration 1.0 550.00$ Alison Proshan 1/4/2012 Application to Employ Correspondences and conferences with S. Goldstrom re: AUST comments on Declaration 0.4 220.00$

Alison Proshan 1/5/2012 Application to Employ Review revised Retention Application 1.4 770.00$ Alison Proshan 1/5/2012 Application to Employ Conferences and correspondences with P. Ivanick and J. Molino re: retention application 1.4 770.00$

Alison Proshan 1/5/2012 Application to Employ Work and activities re: responding to AUST's request for addiitonal information 1.2 660.00$ Alison Proshan 1/5/2012 Application to Employ Revise Declaration; attention to AUST comments 1.2 660.00$ Alison Proshan 1/5/2012 Application to Employ Review revised Retention Application 1.0 550.00$ Alison Proshan 1/5/2012 Application to Employ Correspondences with team re: Declaration 0.4 220.00$ Alison Proshan 1/5/2012 Application to Employ Correspondence to team members re: Declaration 0.2 110.00$ Seth Goldstrom 1/6/2012 Application to Employ Call with J. Molino (McK) on retention affidavit 0.5 447.50$ Alison Proshan 1/6/2012 Application to Employ Revisions to Declaration 2.0 1,100.00$ Alison Proshan 1/6/2012 Application to Employ Correspondences and conferences with P. Ivanick re: retention application 1.2 660.00$ Alison Proshan 1/6/2012 Application to Employ Consider AUST comments and incorporating into Declaration 1.0 550.00$ Alison Proshan 1/6/2012 Application to Employ Correspondences with Finance re: Declaration 1.0 550.00$ Alison Proshan 1/6/2012 Application to Employ Conference with M. Goren (Weil) re: AUST comments 0.2 110.00$ Amber Unkraut 1/6/2012 Application to Employ Correspondence re: relatives 2.0 200.00$ Amber Unkraut 1/6/2012 Application to Employ Track responses 2.0 200.00$ Amber Unkraut 1/6/2012 Application to Employ Highlight IP list 1.0 100.00$ Seth Goldstrom 1/7/2012 Application to Employ Call with J. Molino (McK) on retention affidavit 0.5 447.50$ Alison Proshan 1/7/2012 Application to Employ Revise Declaration 1.4 770.00$ Alison Proshan 1/7/2012 Application to Employ Correpondences with P. Ivanick and J. Molino re: Declaration 1.2 660.00$ Alison Proshan 1/7/2012 Application to Employ Correspondences with M. Goren (Weil) re: retention application 0.4 220.00$ Alison Proshan 1/7/2012 Application to Employ Consider Finance data for Declaration 0.4 220.00$ Alison Proshan 1/7/2012 Application to Employ Correspondences with K. Carmody and S. Goldstrom re: Declaration 0.4 220.00$ Alison Proshan 1/7/2012 Application to Employ Correspondences with S. Goldstrom re: team members 0.4 220.00$ Alison Proshan 1/8/2012 Application to Employ Revise Declaration 2.5 1,375.00$ Alison Proshan 1/8/2012 Application to Employ Correspondences with J. Molino re: Declaration and interested parties 2.2 1,210.00$ Alison Proshan 1/8/2012 Application to Employ Review correspondences re: interested parties 1.2 660.00$ Alison Proshan 1/8/2012 Application to Employ Review correspondences for Declaration disclosures 1.0 550.00$ Alison Proshan 1/8/2012 Application to Employ Correspondences with M. Khambati re: Declaration 0.4 220.00$ Alison Proshan 1/8/2012 Application to Employ Correspondences with team members re: conflicts 0.4 220.00$ Alison Proshan 1/8/2012 Application to Employ Correspondences with S. Goldstrom re: comments to Declaration 0.4 220.00$ Amber Unkraut 1/8/2012 Application to Employ Track type of employee responses for declaration 2.0 200.00$ Amber Unkraut 1/8/2012 Application to Employ Highlight IP list 1.0 100.00$ Seth Goldstrom 1/9/2012 Application to Employ Call with A. Proshan (McK) on retention affidavit and engagement letter 0.5 447.50$ Seth Goldstrom 1/9/2012 Application to Employ Reviewing retention application 0.5 447.50$ Keith Williams 1/9/2012 Application to Employ Retention application review and discussions 1.1 770.00$ Alison Proshan 1/9/2012 Application to Employ Revise Declaration 1.4 770.00$ Alison Proshan 1/9/2012 Application to Employ Conferences with P. Ivanick and M. Khambati re: engagement letter and application 1.2 660.00$ Alison Proshan 1/9/2012 Application to Employ Review retention application 1.2 660.00$ Alison Proshan 1/9/2012 Application to Employ Amend engagement letter to include add'l services 1.0 550.00$ Alison Proshan 1/9/2012 Application to Employ Correspondences with S. Goldstrom re retention application 1.0 550.00$ Alison Proshan 1/9/2012 Application to Employ Conference with K. Williams re: additional services 0.5 275.00$ Alison Proshan 1/9/2012 Application to Employ Confererence with P. Ivanick re: declaration 0.5 275.00$ Alison Proshan 1/9/2012 Application to Employ Review Weil comments to draft Declaration 0.4 220.00$ Alison Proshan 1/9/2012 Application to Employ Conferences with J. Molino re retention application 0.4 220.00$ Alison Proshan 1/9/2012 Application to Employ Correspondences with T. Skipworth re: amendment to engagement letter 0.4 220.00$ Amber Unkraut 1/9/2012 Application to Employ Track responses 1.0 100.00$ Amber Unkraut 1/9/2012 Application to Employ Set up R&I Email 1.0 100.00$ Seth Goldstrom 1/10/2012 Application to Employ Final review of retention affidavit and signature 0.5 447.50$ Seth Goldstrom 1/10/2012 Application to Employ Call with A. Proshan (McK) and J. Molino (McK) on retention affidavit 0.3 268.50$ Alison Proshan 1/10/2012 Application to Employ Finalize retention application and send to Weil 2.2 1,210.00$

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Name Date Task Code Description Time AmountAlison Proshan 1/10/2012 Application to Employ Correspondences with S. Goldstrom re: Declaration and obtain signature 0.4 220.00$ Amber Unkraut 1/10/2012 Application to Employ Track responses 1.0 100.00$ Alison Proshan 1/11/2012 Application to Employ Review and prepare responses to AUST comments 1.5 825.00$ Alison Proshan 1/11/2012 Application to Employ Correspondences with P. Ivanick and J. Molino re: AUST comments 1.4 770.00$ Alison Proshan 1/11/2012 Application to Employ Conference with P. Ivanick and J. Molino re: AUST comments 1.0 550.00$ Amber Unkraut 1/11/2012 Application to Employ Track responses 1.0 100.00$ Alison Proshan 1/12/2012 Application to Employ Correspondence to P. Ivanick with materials for AUST conference 1.2 660.00$ Alison Proshan 1/12/2012 Application to Employ Conference with P. Ivanick and J. Molino re: AUST comments 1.0 550.00$ Alison Proshan 1/12/2012 Application to Employ Conference with S. Goldstrom re: retention application 0.2 110.00$ Alison Proshan 1/13/2012 Application to Employ Correspondences re: fact gathering to respond to AUST request 1.0 550.00$ Alison Proshan 1/13/2012 Application to Employ Gather information for affidavit supplement 1.0 550.00$ Alison Proshan 1/13/2012 Application to Employ Correspondences with counsel on process steps to respond to additional AUST requests 0.5 275.00$

Alison Proshan 1/13/2012 Application to Employ Review email from AUST 0.1 55.00$ Alison Proshan 1/13/2012 Application to Employ Correspondences with Seth Goldstrom on Declaration status 0.1 55.00$ Alison Proshan 1/14/2012 Application to Employ Correspondence with Jean Molino re: collecting internal data for supplement 1.0 550.00$ Alison Proshan 1/14/2012 Application to Employ Conference with Evan Van Metre re: 2009 support to AMR 0.2 110.00$ Alison Proshan 1/14/2012 Application to Employ Gather factual information for Supplement 0.1 55.00$ Alison Proshan 1/14/2012 Application to Employ Correspondence with P. Ivanick re: Supplement 0.1 55.00$ Seth Goldstrom 1/16/2012 Application to Employ Call with A. Proshan (McK) on retention affidavit 0.4 358.00$ Alison Proshan 1/16/2012 Application to Employ Review draft Declaration supplement language 1.4 770.00$ Alison Proshan 1/16/2012 Application to Employ Correspondence with P. Ivanick re information for AUST 0.5 275.00$ Alison Proshan 1/16/2012 Application to Employ Conference with J. Molino re Supplement 0.5 247.50$ Alison Proshan 1/16/2012 Application to Employ Conference with S. Goldstrom re: Declaration supplement 0.3 165.00$ Alison Proshan 1/17/2012 Application to Employ Work and activities re: response to AUST's request for additional information 3.4 1,870.00$ Alison Proshan 1/17/2012 Application to Employ Correspondence/conferences with Jean Molino re information for Declaration Supplement 2.0 1,100.00$

Alison Proshan 1/17/2012 Application to Employ Conferred with colleagues regarding Dec. Supp. 1.4 770.00$ Alison Proshan 1/18/2012 Application to Employ Conferences with colleagues re: fact gathering for Supplement 2.2 1,210.00$ Alison Proshan 1/18/2012 Application to Employ Work and activities re: response to AUST's request for additional information 2.1 1,155.00$ Alison Proshan 1/18/2012 Application to Employ Conferences and Correspondences with J. Molino and P. Ivanick re: Supplement 2.0 1,100.00$ Alison Proshan 1/18/2012 Application to Employ Draft Declaration Supplement 1.4 770.00$ Seth Goldstrom 1/19/2012 Application to Employ Reviewing Retention amendment 0.3 268.50$ Seth Goldstrom 1/19/2012 Application to Employ Review, sign, fax final retention amendment 0.3 268.50$ Seth Goldstrom 1/19/2012 Application to Employ Call with A. Proshan (McK) and J. Molinio (McK) on retention affidavit 0.1 89.50$ Alison Proshan 1/19/2012 Application to Employ Conferences and correspondences with P. Ivanick and J. Molino re: Declaration Supp 1.5 825.00$ Alison Proshan 1/19/2012 Application to Employ Review and summarize correspondence from AUST to Jean Molino 1.2 660.00$ Alison Proshan 1/19/2012 Application to Employ Conferences and correspondences with S.Goldstrom re Supplement 0.5 275.00$ Alison Proshan 1/19/2012 Application to Employ Conference with Peter Ivanick re: Declaration Supp. 0.5 275.00$ Alison Proshan 1/19/2012 Application to Employ Draft additional language into Supplement 0.4 220.00$ Alison Proshan 1/19/2012 Application to Employ Review draft correspondence to AUST 0.2 110.00$ Alison Proshan 1/19/2012 Application to Employ Correspondence with Seth Goldstrom re AUST comments 0.2 110.00$ Alison Proshan 1/19/2012 Application to Employ Correspondence to employee regarding disposition of stock 0.1 55.00$ Alison Proshan 1/20/2012 Application to Employ Conferences and correspond with P. Ivanick and J. Molino re: correspondence to AUST 2.0 1,100.00$

Alison Proshan 1/20/2012 Application to Employ Draft memo to Peter Ivanick with communications to AUST 1.4 770.00$ Alison Proshan 1/20/2012 Application to Employ Coordinate filing of Supplement by counsel 0.2 110.00$ Alison Proshan 1/22/2012 Application to Employ Correspondence with Peter Ivanick and Jean Molino regarding AUST response 1.4 770.00$ Alison Proshan 1/23/2012 Application to Employ Correspondence and conferences with Peter Ivanick re: status of retention app 3.0 1,650.00$ Alison Proshan 1/23/2012 Application to Employ Correspondence with employee re: stock 0.3 165.00$ Alison Proshan 1/24/2012 Application to Employ Correspondence with Amber Unkraut re: court documents and records 1.0 550.00$ Alison Proshan 1/24/2012 Application to Employ Correspondence with colleagues re: case re: UST objection 0.4 220.00$ Alison Proshan 1/24/2012 Application to Employ Conference with M. Goren (Weil) re: documents to third parties 0.2 110.00$ Alison Proshan 1/25/2012 Application to Employ Review Weil's revised draft order 1.4 770.00$ Alison Proshan 1/25/2012 Application to Employ Conferences and correspondence with Peter Ivanick re: client service issue 1.2 660.00$ Alison Proshan 1/25/2012 Application to Employ Correspondence with other client service teams 0.4 220.00$ Alison Proshan 1/25/2012 Application to Employ Review precedent from Weil re: disclaiimers 0.2 110.00$ Alison Proshan 1/25/2012 Application to Employ Correspondence with Peter Ivanick re: draft order 0.2 110.00$ Alison Proshan 1/27/2012 Application to Employ Conference for AMR hearing 2.0 1,100.00$ Alison Proshan 1/30/2012 Application to Employ Correspondence with Peter Ivanick, Seth Goldstrom and Keith Williams re: conferencing with

Weil0.2 110.00$

Total Application to Employ 122.7 62,734.00$

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Keith Williams 1/10/2012 Cash Management Call with T. Matteo (AMR) on cash line items, and breaking certain items out further per creditor request

0.9 630.00$

Keith Williams 1/10/2012 Cash Management Discussion with T. Matteo (AMR) re: cash meeting follow ups and debrief 0.4 280.00$ Keith Williams 1/10/2012 Cash Management Discussion with C. Irvin (AMR) re: cash flow and working capital 0.2 140.00$ Keith Williams 1/10/2012 Cash Management Discussion with G. Schwingdinger (AMR) re: cash meeting follow ups and debrief 0.2 140.00$ Keith Williams 1/11/2012 Cash Management Update cash flow with weekly amounts and prepare variance report; make sure the

information ties to base schedules and previous forecast versions2.3 1,610.00$

Keith Williams 1/12/2012 Cash Management Review variance explanations from T. Matteo (AMR) on cash 0.3 210.00$ Keith Williams 1/17/2012 Cash Management Begin updating actuals to forecast in new template 0.8 560.00$ Keith Williams 1/17/2012 Cash Management Review T. Mateo (AMR) January actual cash flow report and prepare list of questions 0.6 420.00$ Keith Williams 1/19/2012 Cash Management Follow up with T. Matteo (AMR) on cash flow variances and explanations 0.6 420.00$ Keith Williams 1/19/2012 Cash Management Cash flow variance report preparation and review 0.4 280.00$ Keith Williams 1/20/2012 Cash Management Discussion with T. Matteo (AMR) re: forecast, timing and ways to streamline 0.6 420.00$ Keith Williams 1/23/2012 Cash Management Conversation with G. Schwendinger (AMR) re: cash flow reporting going forward and

transition0.6 420.00$

Keith Williams 1/24/2012 Cash Management Prepare questions for T. Matteo (AMR) on cash flow forecast assumptions going forward 0.8 560.00$

Keith Williams 1/26/2012 Cash Management At request of G. Schwendinger (AMR) review cash flow forecast for Feb and March 1.1 770.00$ Keith Williams 1/26/2012 Cash Management Reconcile cash flow forecast changes for projection periods for G. Schwendinger (AMR) 0.6 420.00$

Keith Williams 1/30/2012 Cash Management Discussion with T. Matteo (AMR) on variances and cash flow forecasting 0.7 490.00$

Total Cash Management 11.1 7,770.00$

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AMR Corporation, et al.Expense reimbursement, December 12, 2011 to January 31, 2012Expense detail

Date Employee Name Category Description Amount12/13/11 Alex Dichter Air Travel Santiago-Dallas-12-13-2011 2,545.96$ 12/13/11 David Ebenstein Other Phone / Internet 11.11$ 12/13/11 David Ebenstein Room Rate (May Include Tax) Hotel 310.45$ 12/13/11 Seth Goldstrom Meals 1 - Travel Dining Alone Breakfast 8.42$ 12/13/11 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 14.43$ 12/13/11 Seth Goldstrom Meals 3 - Group Outside Office Dinner - Client / Team Discussion (S. Goldstrom, D.

Ebenstein, S. Walton, C. Irvin, S. Ryan)190.22$

12/13/11 Seth Goldstrom Room Rate (May Include Tax) Hotel 310.45$ 12/13/11 Kevin Carmody Room Rate (May Include Tax) Hotel 310.45$ 12/13/11 Seth Goldstrom Taxi Home - Airport 45.75$ 12/13/11 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 12.81$ 12/13/11 Joe Schottland Room Rate (May Include Tax) Hotel 159.85$ 12/13/11 Joe Schottland Taxi Home - Airport 55.00$ 12/13/11 Seth Walton Air Travel Atlanta/Dallas-12-13-2011 548.70$ 12/13/11 Seth Walton Room Rate (May Include Tax) Hotel 159.85$ 12/14/11 Alex Dichter Air Travel Dallas-Sao Paulo-12-14-2011 2,695.05$ 12/14/11 David Ebenstein Air Travel Dallas-New York-12-14-2011 673.99$ 12/14/11 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 8.43$ 12/14/11 David Ebenstein Telecom Phone / Internet -wifi in airpoirt 7.95$ 12/14/11 Seth Goldstrom Fuel Fuel - Rental Car (Travel) 4.80$ 12/14/11 Seth Goldstrom Fuel Fuel - Rental Car (Travel) 7.87$ 12/14/11 Seth Goldstrom Other Phone / Internet 11.11$ 12/14/11 Seth Goldstrom Rental Car Rental Car 144.04$ 12/14/11 Seth Goldstrom Room Rate (May Include Tax) Hotel 310.45$ 12/14/11 Joe Schottland Other Phone / Internet 11.11$ 12/14/11 Joe Schottland Room Rate (May Include Tax) Hotel 287.45$ 12/14/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.00$ 12/14/11 Seth Walton Meals 1 - Travel Dining Alone Dinner 39.99$ 12/14/11 Seth Walton Room Rate (May Include Tax) Hotel 113.85$ 12/15/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 7.81$ 12/15/11 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 11.83$ 12/15/11 Aditya Bhatia Taxi Airport - Client 25.00$ 12/15/11 Aditya Bhatia Taxi Airport - Hotel 10.00$ 12/15/11 Aditya Bhatia Air Travel New York/Dallas/New York-12-15-2011 2,543.40$ 12/15/11 Alison Proshan Taxi Office - Home 16.00$ 12/15/11 Andrea Alexander Telecom Phone / Internet -inflight internet for work 34.95$ 12/15/11 Evan Van Metre Air Travel Atlanta/Dallas/Atlanta-12-15-2011 1,045.40$ 12/15/11 Aditya Bhatia Air Travel Dallas/Miami/New York-12-15-2011 683.70$ 12/15/11 Evan Van Metre Meals 1 - Travel Dining Alone Breakfast 6.00$ 12/15/11 Evan Van Metre Meals 1 - Travel Dining Alone Lunch 19.86$ 12/15/11 Evan Van Metre Mileage : Personal Car Home - Airport (for travel) 22.20$ 12/15/11 Evan Van Metre Parking Parking for travel 30.00$ 12/15/11 Evan Van Metre Taxi Airport - Client 25.00$ 12/15/11 Evan Van Metre Taxi Client - Airport 23.00$ 12/15/11 Seth Goldstrom Taxi Home - Airport 50.00$ 12/15/11 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 1.18$ 12/15/11 Joe Schottland Meals 1 - Travel Dining Alone Lunch 10.76$ 12/15/11 Joe Schottland Taxi Home - Airport 81.50$ 12/15/11 Seth Walton Meals 1 - Travel Dining Alone Dinner 8.91$ 12/15/11 Seth Walton Meals 1 - Travel Dining Alone Dinner 3.00$ 12/15/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 9.91$ 12/15/11 Seth Walton Rental Car Rental Car 142.08$ 12/15/11 Seth Walton Room Rate (May Include Tax) Hotel 113.85$ 12/15/11 Aditya Bhatia Air Travel ***/***-12-15-2011 (1,140.70)$ 12/16/11 Aditya Bhatia Taxi Airport - Home 30.70$ 12/16/11 Alex Dichter Air Travel Sao Paulo-Miami-12-16-2011 2,157.44$ 12/16/11 David Ebenstein Taxi Home - Airport 124.44$ 12/16/11 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 16.10$ 12/16/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 8.54$ 12/16/11 John Fisher Parking Parking for travel 16.00$ 12/16/11 John Fisher Taxi Airport - Hotel 160.00$ 12/16/11 John Fisher Telecom Phone / Internet -inflight internet for work 11.65$ 12/16/11 Aditya Bhatia Air Travel Palm Beach/New York-12-16-2011 360.70$ 12/17/11 Seth Walton Parking Parking for travel 64.00$ 12/18/11 Seth Walton Taxi Airport - Home 49.50$ 12/19/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 10.32$ 12/19/11 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 11.98$ 12/19/11 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 11.57$ 12/19/11 Aditya Bhatia Room Rate (May Include Tax) Hotel 148.35$ 12/19/11 Aditya Bhatia Air Travel New York/Dallas/New York-12-19-2011 2,543.40$ 12/19/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 13.01$ 12/19/11 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 15.66$ 12/19/11 Andrea Alexander Room Rate (May Include Tax) Hotel 126.10$

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Date Employee Name Category Description Amount12/19/11 Connor Morrison Air Travel Philadelphia/Dallas/Philadelphia-12-19-2011 997.40$ 12/19/11 John Fisher Air Travel AtlantaDallasAtlanta-12-19-2011 895.40$ 12/19/11 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 7.27$ 12/19/11 Connor Morrison Meals 1 - Travel Dining Alone Lunch 14.51$ 12/19/11 Connor Morrison Room Rate (May Include Tax) Hotel 123.85$ 12/19/11 Connor Morrison Taxi Home - Airport 34.20$ 12/19/11 David Ebenstein Meals 1 - Travel Dining Alone Lunch 15.72$ 12/19/11 David Ebenstein Room Rate (May Include Tax) Hotel 124.60$ 12/19/11 David Ebenstein Taxi Airport - Client 30.00$ 12/19/11 David Ebenstein Taxi Airport - Home 81.00$ 12/19/11 David Ebenstein Telecom Phone / Internet -wifi airport for work 9.95$ 12/19/11 Seth Goldstrom Fuel Fuel - Rental Car (Travel) 7.93$ 12/19/11 Seth Goldstrom Meals 1 - Travel Dining Alone Breakfast 5.02$ 12/19/11 Seth Goldstrom Meals 1 - Travel Dining Alone Dinner 18.39$ 12/19/11 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 9.46$ 12/19/11 Seth Goldstrom Mileage : Personal Car Home - Airport (for travel) 18.87$ 12/19/11 Seth Goldstrom Room Rate (May Include Tax) Hotel 264.45$ 12/19/11 Seth Goldstrom Other Misc hotel expense 4.00$ 12/19/11 Andrea Alexander Air Travel New York-Dallas-12-19-2011 663.99$ 12/19/11 Joe Schottland Room Rate (May Include Tax) Hotel 148.35$ 12/19/11 Joe Schottland Taxi Home - Airport 40.00$ 12/19/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 7.79$ 12/19/11 John Fisher Meals 1 - Travel Dining Alone Lunch 7.56$ 12/19/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/19/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 4.97$ 12/19/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.55$ 12/19/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 6.75$ 12/19/11 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 148.35$ 12/19/11 Naveen Jayasundaram Taxi Home - Airport 30.00$ 12/19/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 2.69$ 12/19/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 2.95$ 12/19/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.29$ 12/19/11 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal (A. Bhatia, D. Ebenstein, J. Fisher, S.

Walton, A. Alexander, C. Morrison, N. Jayasundaram, J. Schottland, K. Carmody)

422.63$

12/19/11 Seth Walton Room Rate (May Include Tax) Hotel 148.35$ 12/19/11 Seth Walton Taxi Home - Airport 42.00$ 12/19/11 William Kersh Meals 1 - Travel Dining Alone Breakfast 8.64$ 12/19/11 William Kersh Meals 1 - Travel Dining Alone Lunch 9.30$ 12/19/11 William Kersh Room Rate (May Include Tax) Hotel 148.35$ 12/20/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 7.11$ 12/20/11 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 40.46$ 12/20/11 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 11.48$ 12/20/11 Aditya Bhatia Room Rate (May Include Tax) Hotel 148.35$ 12/20/11 Aditya Bhatia Taxi Home - Airport 41.00$ 12/20/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 22.99$ 12/20/11 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 30.03$ 12/20/11 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 12.05$ 12/20/11 Andrea Alexander Parking Parking for travel 23.80$ 12/20/11 Andrea Alexander Room Rate (May Include Tax) Hotel 126.10$ 12/20/11 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 3.89$ 12/20/11 Connor Morrison Meals 1 - Travel Dining Alone Dinner 38.58$ 12/20/11 Connor Morrison Meals 1 - Travel Dining Alone Lunch 12.10$ 12/20/11 Connor Morrison Room Rate (May Include Tax) Hotel 123.85$ 12/20/11 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 2.95$ 12/20/11 David Ebenstein Meals 1 - Travel Dining Alone Lunch 9.53$ 12/20/11 David Ebenstein Air Travel Dallas-New York-12-20-2011 673.99$ 12/20/11 Seth Goldstrom Fuel Fuel - Rental Car (Travel) 4.79$ 12/20/11 Seth Goldstrom Fuel Fuel - Rental Car (Travel) 18.27$ 12/20/11 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 14.02$ 12/20/11 Seth Goldstrom Parking Parking for travel 32.00$ 12/20/11 Seth Goldstrom Rental Car Rental Car 164.56$ 12/20/11 Seth Goldstrom Room Rate (May Include Tax) Hotel 300.71$ 12/20/11 Seth Goldstrom Other Misc hotel expense 21.78$ 12/20/11 Joe Schottland Meals 1 - Travel Dining Alone Dinner 5.38$ 12/20/11 Joe Schottland Taxi Airport - Home 56.50$ 12/20/11 Joe Schottland Air Travel Dallas-New York-12-20-2011 673.99$ 12/20/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 5.81$ 12/20/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 29.16$ 12/20/11 John Fisher Meals 1 - Travel Dining Alone Dinner 35.02$ 12/20/11 John Fisher Meals 1 - Travel Dining Alone Lunch 8.52$ 12/20/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/20/11 Keith Williams Meals 1 - Travel Dining Alone Breakfast 11.00$

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Date Employee Name Category Description Amount12/20/11 Keith Williams Meals 1 - Travel Dining Alone Dinner 32.52$ 12/20/11 Keith Williams Meals 1 - Travel Dining Alone Lunch 17.57$ 12/20/11 Keith Williams Room Rate (May Include Tax) Hotel 300.71$ 12/20/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.19$ 12/20/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 30.00$ 12/20/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 15.08$ 12/20/11 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 148.35$ 12/20/11 Seth Goldstrom Air Travel Atlanta/New York-12-20-2011 484.54$ 12/20/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 5.87$ 12/20/11 Seth Walton Meals 1 - Travel Dining Alone Dinner 33.64$ 12/20/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 1.50$ 12/20/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 1.50$ 12/20/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 14.47$ 12/20/11 Seth Walton Room Rate (May Include Tax) Hotel 148.35$ 12/20/11 William Kersh Meals 1 - Travel Dining Alone Dinner 45.40$ 12/20/11 William Kersh Meals 1 - Travel Dining Alone Lunch 8.18$ 12/20/11 William Kersh Room Rate (May Include Tax) Hotel 148.35$ 12/21/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 13.33$ 12/21/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 3.00$ 12/21/11 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 6.47$ 12/21/11 Aditya Bhatia Room Rate (May Include Tax) Hotel 148.35$ 12/21/11 Aditya Bhatia Taxi Airport - Home 38.00$ 12/21/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 24.29$ 12/21/11 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 12.66$ 12/21/11 Andrea Alexander Room Rate (May Include Tax) Hotel 126.10$ 12/21/11 Connor Morrison Other Misc hotel expense 36.59$ 12/21/11 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 3.89$ 12/21/11 Connor Morrison Meals 1 - Travel Dining Alone Lunch 15.46$ 12/21/11 Connor Morrison Room Rate (May Include Tax) Hotel 123.85$ 12/21/11 Joe Schottland Air Travel New York-Dallas-12-21-2011 673.99$ 12/21/11 David Ebenstein Taxi Office - Client 13.20$ 12/21/11 Seth Goldstrom Meals 1 - Travel Dining Alone Breakfast 7.16$ 12/21/11 Seth Goldstrom Meals 1 - Travel Dining Alone Dinner 9.38$ 12/21/11 Seth Goldstrom Mileage : Personal Car Home - Airport (for travel) 18.87$ 12/21/11 Seth Goldstrom Parking Parking for travel 16.00$ 12/21/11 Joe Schottland Meals 1 - Travel Dining Alone Lunch 23.00$ 12/21/11 Joe Schottland Meals 1 - Travel Dining Alone Dinner 23.02$ 12/21/11 Joe Schottland Room Rate (May Include Tax) Hotel 148.35$ 12/21/11 Joe Schottland Taxi Home - Client 19.40$ 12/21/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 29.16$ 12/21/11 John Fisher Meals 1 - Travel Dining Alone Lunch 9.55$ 12/21/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/21/11 Keith Williams Meals 1 - Travel Dining Alone Breakfast 9.10$ 12/21/11 Keith Williams Telecom Phone / Internet -wifi airport for work 9.95$ 12/21/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 5.63$ 12/21/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 12.49$ 12/21/11 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 148.35$ 12/21/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.71$ 12/21/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.30$ 12/21/11 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal (A. Bhatia, J. Fisher, S. Walton, A.

Alexander, C. Morrison)177.81$

12/21/11 Seth Walton Room Rate (May Include Tax) Hotel 148.35$ 12/21/11 William Kersh Meals 1 - Travel Dining Alone Breakfast 7.57$ 12/21/11 William Kersh Meals 1 - Travel Dining Alone Lunch 8.01$ 12/21/11 William Kersh Room Rate (May Include Tax) Hotel 148.35$ 12/22/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 6.47$ 12/22/11 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 10.80$ 12/22/11 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 11.34$ 12/22/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 25.92$ 12/22/11 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 12.07$ 12/22/11 Andrea Alexander Rental Car Rental Car 380.21$ 12/22/11 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 3.89$ 12/22/11 Connor Morrison Meals 1 - Travel Dining Alone Dinner 4.44$ 12/22/11 Connor Morrison Meals 1 - Travel Dining Alone Lunch 7.47$ 12/22/11 Connor Morrison Rental Car Rental Car 396.31$ 12/22/11 Connor Morrison Taxi Airport - Home 34.20$ 12/22/11 William Kersh Air Travel Dallas/Memphis-12-22-2011 700.70$ 12/22/11 Joe Schottland Air Travel Dallas-New York-12-22-2011 697.34$ 12/22/11 David Ebenstein Taxi Client - Airport 22.00$ 12/22/11 David Ebenstein Telecom Phone / Internet -inflight internet for work 12.95$ 12/22/11 Seth Goldstrom Meals 1 - Travel Dining Alone Dinner 11.61$ 12/22/11 Aditya Bhatia Air Travel Dallas-New York-12-22-2011 663.99$ 12/22/11 Naveen Jayasundaram Air Travel Dallas-New York-12-22-2011 663.99$

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Date Employee Name Category Description Amount12/22/11 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 6.88$ 12/22/11 Joe Schottland Meals 1 - Travel Dining Alone Lunch 12.94$ 12/22/11 Joe Schottland Taxi Airport - Hotel 30.00$ 12/22/11 Joe Schottland Taxi Hotel - Client 25.00$ 12/22/11 Andrea Alexander Air Travel Dallas-D.C-12-22-2011 580.13$ 12/22/11 John Fisher Fuel Fuel - Rental Car (Travel) 5.34$ 12/22/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 29.16$ 12/22/11 John Fisher Meals 1 - Travel Dining Alone Dinner 9.39$ 12/22/11 John Fisher Meals 1 - Travel Dining Alone Lunch 7.56$ 12/22/11 John Fisher Parking Parking for travel 64.00$ 12/22/11 John Fisher Rental Car Rental Car 254.68$ 12/22/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/22/11 John Fisher Telecom Phone / Internet -inflight internet for work 10.77$ 12/22/11 Keith Williams Parking Parking for travel 52.51$ 12/22/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 8.83$ 12/22/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 8.43$ 12/22/11 Naveen Jayasundaram Rental Car Rental Car 400.20$ 12/22/11 Naveen Jayasundaram Telecom Phone / Internet -inflight internet for work 34.95$ 12/22/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 5.87$ 12/22/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 6.47$ 12/22/11 Seth Walton Rental Car Rental Car 220.36$ 12/22/11 William Kersh Meals 1 - Travel Dining Alone Breakfast 7.56$ 12/22/11 William Kersh Rental Car Rental Car 229.54$ 12/22/11 William Kersh Taxi Airport - Home 31.40$ 12/22/11 Aditya Bhatia Air Travel Dallas/New York-12-22-2011 (1,140.70)$ 12/23/11 Andrea Alexander Taxi Airport - Home 33.47$ 12/23/11 David Ebenstein Taxi Airport - Home 127.50$ 12/23/11 David Ebenstein Taxi Home - Airport 126.48$ 12/23/11 Joe Schottland Taxi Airport - Home 97.10$ 12/23/11 Joe Schottland Taxi Home - Airport 43.50$ 12/23/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/23/11 Keith Williams Taxi Client - Airport 72.19$ 12/23/11 Naveen Jayasundaram Taxi Airport - Home 30.00$ 12/23/11 Seth Walton Taxi Airport - Home 49.50$ 12/24/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/25/11 Andrea Alexander Taxi Home - Airport 50.00$ 12/26/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 17.39$ 12/26/11 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 39.23$ 12/26/11 Aditya Bhatia Room Rate (May Include Tax) Hotel 148.35$ 12/26/11 Aditya Bhatia Taxi Airport - Client 25.00$ 12/26/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 7.98$ 12/26/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 2.07$ 12/26/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 5.38$ 12/26/11 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 35.01$ 12/26/11 Andrea Alexander Room Rate (May Include Tax) Hotel 126.10$ 12/26/11 Andrea Alexander Taxi Home - Airport 32.50$ 12/26/11 Aditya Bhatia Air Travel New York-Dallas-12-26-2011 715.95$ 12/26/11 Naveen Jayasundaram Air Travel New York-Dallas-12-26-2011 663.99$ 12/26/11 Andrea Alexander Air Travel D.C.-Dallas-12-26-2011 580.13$ 12/26/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 7.68$ 12/26/11 John Fisher Meals 1 - Travel Dining Alone Dinner 36.10$ 12/26/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/26/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 42.00$ 12/26/11 Naveen Jayasundaram Meals 3 - Group Outside Office Lunch - Client / Team Discussion (N. Jayasundaram, A.

Alexander, A. Bhatia)48.00$

12/26/11 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 148.35$ 12/26/11 Naveen Jayasundaram Taxi Home - Airport 29.80$ 12/27/11 Connor Morrison Air Travel New York/Dallas/New York-12-27-2011 2,163.40$ 12/27/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 9.82$ 12/27/11 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 45.27$ 12/27/11 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 7.11$ 12/27/11 Aditya Bhatia Room Rate (May Include Tax) Hotel 148.35$ 12/27/11 Aditya Bhatia Taxi Home - Airport 32.00$ 12/27/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 16.20$ 12/27/11 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 27.54$ 12/27/11 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 30.95$ 12/27/11 Andrea Alexander Room Rate (May Include Tax) Hotel 126.10$ 12/27/11 Joe Schottland Air Travel New York-Dallas-12-27-2011 725.95$ 12/27/11 Connor Morrison Meals 1 - Travel Dining Alone Dinner 42.09$ 12/27/11 Connor Morrison Meals 1 - Travel Dining Alone Lunch 18.89$ 12/27/11 Connor Morrison Room Rate (May Include Tax) Hotel 123.85$ 12/27/11 Seth Goldstrom Meals 1 - Travel Dining Alone Breakfast 9.89$ 12/27/11 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 4.00$

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Date Employee Name Category Description Amount12/27/11 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 13.77$ 12/27/11 Seth Goldstrom Mileage : Personal Car Home - Airport (for travel) 18.87$ 12/27/11 Seth Goldstrom Parking Parking for travel 16.00$ 12/27/11 Seth Goldstrom Rental Car Rental Car 75.25$ 12/27/11 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 10.49$ 12/27/11 Joe Schottland Room Rate (May Include Tax) Hotel 126.10$ 12/27/11 Joe Schottland Taxi Airport - Client 26.00$ 12/27/11 Joe Schottland Taxi Airport - Home 246.20$ 12/27/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 7.56$ 12/27/11 John Fisher Meals 1 - Travel Dining Alone Dinner 35.02$ 12/27/11 John Fisher Meals 1 - Travel Dining Alone Lunch 6.93$ 12/27/11 John Fisher Room Rate (May Include Tax) Hotel 123.85$ 12/27/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.19$ 12/27/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 48.06$ 12/27/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 50.00$ 12/27/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 16.80$ 12/27/11 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 148.35$ 12/27/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 10.29$ 12/27/11 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal (S. Walton, J. Schottland) 65.21$ 12/27/11 Seth Walton Room Rate (May Include Tax) Hotel 126.10$ 12/28/11 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 12.06$ 12/28/11 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 13.34$ 12/28/11 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 7.65$ 12/28/11 Aditya Bhatia Taxi Airport - Home 38.00$ 12/28/11 Aditya Bhatia Taxi Client - Airport 23.20$ 12/28/11 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 18.40$ 12/28/11 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 34.36$ 12/28/11 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 13.50$ 12/28/11 Andrea Alexander Rental Car Rental Car 275.75$ 12/28/11 Andrea Alexander Taxi Airport - Home 32.05$ 12/28/11 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 3.89$ 12/28/11 Connor Morrison Meals 1 - Travel Dining Alone Dinner 29.49$ 12/28/11 Connor Morrison Meals 1 - Travel Dining Alone Lunch 10.79$ 12/28/11 Connor Morrison Room Rate (May Include Tax) Hotel 123.85$ 12/28/11 Andrea Alexander Air Travel Dallas-New York-12-28-2011 663.99$ 12/28/11 Aditya Bhatia Air Travel Dallas-New York-12-28-2011 612.04$ 12/28/11 Joe Schottland Meals 1 - Travel Dining Alone Lunch 14.32$ 12/28/11 Joe Schottland Room Rate (May Include Tax) Hotel 126.10$ 12/28/11 John Fisher Fuel Fuel - Rental Car (Travel) 7.87$ 12/28/11 John Fisher Meals 1 - Travel Dining Alone Breakfast 7.31$ 12/28/11 John Fisher Meals 1 - Travel Dining Alone Dinner 8.32$ 12/28/11 John Fisher Meals 1 - Travel Dining Alone Lunch 7.91$ 12/28/11 John Fisher Parking Parking for travel 48.00$ 12/28/11 John Fisher Rental Car Rental Car 192.53$ 12/28/11 John Fisher Telecom Phone / Internet -inflight internet for work 10.77$ 12/28/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.91$ 12/28/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.19$ 12/28/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 25.00$ 12/28/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 12.04$ 12/28/11 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 148.35$ 12/28/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.71$ 12/28/11 Seth Walton Meals 1 - Travel Dining Alone Dinner 19.42$ 12/28/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.78$ 12/28/11 Seth Walton Room Rate (May Include Tax) Hotel 126.10$ 12/28/11 Seth Walton Taxi Home - Airport 41.75$ 12/29/11 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 3.89$ 12/29/11 Connor Morrison Meals 1 - Travel Dining Alone Lunch 13.77$ 12/29/11 Connor Morrison Rental Car Rental Car 261.41$ 12/29/11 David Ebenstein Telecom Phone / Internet -inflight internet for work 12.95$ 12/29/11 Naveen Jayasundaram Air Travel Dallas-New York-12-29-2011 663.99$ 12/29/11 Joe Schottland Meals 1 - Travel Dining Alone Lunch 14.42$ 12/29/11 Joe Schottland Taxi Client - Airport 35.00$ 12/29/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.80$ 12/29/11 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 15.84$ 12/29/11 Naveen Jayasundaram Rental Car Rental Car 295.18$ 12/29/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.71$ 12/29/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 0.95$ 12/29/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 1.50$ 12/29/11 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.46$ 12/29/11 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal (S. Walton, J. Schottland) 60.78$ 12/29/11 Seth Walton Room Rate (May Include Tax) Hotel 126.10$ 12/30/11 Joe Schottland Taxi Home - Airport 43.50$ 12/30/11 Keith Williams Telecom Phone / Internet -wifi airport 9.95$

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Date Employee Name Category Description Amount12/30/11 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.71$ 12/30/11 Seth Walton Meals 1 - Travel Dining Alone Dinner 44.50$ 12/30/11 Seth Walton Rental Car Rental Car 273.56$ 12/30/11 Seth Walton Air Travel Dallas-Atlanta-12-30-2011 424.34$ 01/02/12 Aditya Bhatia Taxi Home - Airport 40.00$ 01/02/12 David Dorton Fuel Fuel - Rental Car (Travel) 56.00$ 01/02/12 David Ebenstein Meals 1 - Travel Dining Alone Dinner 28.51$ 01/02/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/02/12 Naveen Jayasundaram Taxi Airport - Home 38.00$ 01/03/12 Connor Morrison Air Travel Philadelphia/Dallas/Philadelphia-01-03-2012 2,051.60$ 01/03/12 Aditya Bhatia Air Travel New York/Dallas-01-03-2012 1,732.80$ 01/03/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 12.71$ 01/03/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 11.78$ 01/03/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 44.50$ 01/03/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/03/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 9.24$ 01/03/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 5.73$ 01/03/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 48.91$ 01/03/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 14.32$ 01/03/12 Andrea Alexander Room Rate (May Include Tax) Hotel 155.42$ 01/03/12 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 3.63$ 01/03/12 Connor Morrison Meals 1 - Travel Dining Alone Dinner 39.81$ 01/03/12 Connor Morrison Meals 1 - Travel Dining Alone Lunch 9.98$ 01/03/12 Connor Morrison Room Rate (May Include Tax) Hotel 155.42$ 01/03/12 Connor Morrison Taxi Airport - Home 76.00$ 01/03/12 Connor Morrison Taxi Home - Airport 34.20$ 01/03/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 8.98$ 01/03/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 8.72$ 01/03/12 David Ebenstein Meals 3 - Group Outside Office Dinner - Travel Meal (D. Ebenstein, S. Walton) 76.36$ 01/03/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/03/12 David Ebenstein Taxi Airport - Client 25.00$ 01/03/12 Andrea Alexander Air Travel New York-Dallas-01-03-2012 664.09$ 01/03/12 Naveen Jayasundaram Air Travel New York-Dallas-01-03-2012 664.09$ 01/03/12 Evan Van Metre Meals 3 - Group Outside Office Lunch - Client / Team Discussion (E. Van Metre, D. Dorton) 23.22$

01/03/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 10.36$ 01/03/12 Joe Schottland Meals 1 - Travel Dining Alone Lunch 12.80$ 01/03/12 Joe Schottland Room Rate (May Include Tax) Hotel 155.42$ 01/03/12 John Fisher Meals 1 - Travel Dining Alone Breakfast 8.22$ 01/03/12 John Fisher Meals 1 - Travel Dining Alone Dinner 36.10$ 01/03/12 John Fisher Meals 1 - Travel Dining Alone Lunch 7.57$ 01/03/12 John Fisher Room Rate (May Include Tax) Hotel 155.42$ 01/03/12 John Fisher Telecom Phone / Internet -inflight internet for work 9.95$ 01/03/12 Keith Williams Meals 2 - Local Overtime Meal Dinner 20.00$ 01/03/12 Seth Walton Air Travel Atlanta-Dallas-01-03-2012 500.29$ 01/03/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 01/03/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 35.33$ 01/03/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 12.48$ 01/03/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 01/03/12 Naveen Jayasundaram Taxi Home - Airport 30.00$ 01/03/12 John Fisher Air Travel Atlanta-Dallas-01-03-2012 500.09$ 01/03/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 6.34$ 01/03/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 2.03$ 01/03/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.90$ 01/03/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 2.05$ 01/03/12 Seth Walton Room Rate (May Include Tax) Hotel 155.42$ 01/03/12 Seth Walton Taxi Home - Airport 43.50$ 01/03/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.81$ 01/03/12 William Kersh Meals 1 - Travel Dining Alone Dinner 31.70$ 01/03/12 William Kersh Meals 1 - Travel Dining Alone Lunch 8.39$ 01/03/12 William Kersh Room Rate (May Include Tax) Hotel 182.85$ 01/03/12 William Kersh Taxi Home - Airport 30.98$ 01/04/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 10.36$ 01/04/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 20.61$ 01/04/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 47.37$ 01/04/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 7.97$ 01/04/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/04/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 43.06$ 01/04/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 11.00$ 01/04/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 7.10$ 01/04/12 Andrea Alexander Room Rate (May Include Tax) Hotel 155.42$ 01/04/12 Evan Van Metre Air Travel Atlanta/Dallas/Atlanta-01-04-2012 1,063.60$ 01/04/12 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 4.06$

6 of 14




Date Employee Name Category Description Amount01/04/12 Connor Morrison Meals 1 - Travel Dining Alone Dinner 28.51$ 01/04/12 Connor Morrison Meals 1 - Travel Dining Alone Lunch 8.36$ 01/04/12 Connor Morrison Room Rate (May Include Tax) Hotel 155.42$ 01/04/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 9.60$ 01/04/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/04/12 Joe Schottland Meals 1 - Travel Dining Alone Dinner 17.90$ 01/04/12 Joe Schottland Room Rate (May Include Tax) Hotel 155.42$ 01/04/12 John Fisher Meals 1 - Travel Dining Alone Breakfast 24.29$ 01/04/12 John Fisher Meals 1 - Travel Dining Alone Dinner 37.55$ 01/04/12 John Fisher Room Rate (May Include Tax) Hotel 155.42$ 01/04/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 4.55$ 01/04/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.19$ 01/04/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 23.00$ 01/04/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 16.68$ 01/04/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 01/04/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 10.86$ 01/04/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 7.22$ 01/04/12 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal (D. Ebenstein, S. Walton, J. Schottland) 159.63$

01/04/12 Seth Walton Room Rate (May Include Tax) Hotel 155.42$ 01/04/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/04/12 William Kersh Meals 1 - Travel Dining Alone Dinner 42.67$ 01/04/12 William Kersh Meals 1 - Travel Dining Alone Lunch 7.35$ 01/04/12 William Kersh Room Rate (May Include Tax) Hotel 182.85$ 01/05/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 9.36$ 01/05/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 14.84$ 01/05/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 10.79$ 01/05/12 Aditya Bhatia Taxi Airport - Home 38.00$ 01/05/12 William Kersh Air Travel Dallas/New York-01-05-2012 1,459.80$ 01/05/12 Alison Proshan Taxi Office - Home 13.10$ 01/05/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 38.26$ 01/05/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 11.58$ 01/05/12 Andrea Alexander Rental Car Rental Car 258.55$ 01/05/12 Andrea Alexander Taxi Airport - Home 62.50$ 01/05/12 Andrea Alexander Taxi Home - Airport 44.50$ 01/05/12 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 4.06$ 01/05/12 Connor Morrison Meals 1 - Travel Dining Alone Dinner 5.49$ 01/05/12 Connor Morrison Meals 1 - Travel Dining Alone Lunch 7.18$ 01/05/12 Connor Morrison Rental Car Rental Car 260.44$ 01/05/12 Connor Morrison Taxi Airport - Home 34.20$ 01/05/12 Aditya Bhatia Air Travel Dallas-New York-01-05-2012 664.09$ 01/05/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 4.32$ 01/05/12 David Ebenstein Taxi Home - Airport 134.89$ 01/05/12 Naveen Jayasundaram Air Travel Dallas-New York-01-05-2012 664.09$ 01/05/12 David Ebenstein Air Travel Dallas-Miami-01-05-2012 604.11$ 01/05/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 5.44$ 01/05/12 Andrea Alexander Air Travel Dallas-D.C-01-05-2012 571.72$ 01/05/12 John Fisher Fuel Fuel - Rental Car (Travel) 6.97$ 01/05/12 John Fisher Meals 1 - Travel Dining Alone Breakfast 8.99$ 01/05/12 John Fisher Meals 1 - Travel Dining Alone Lunch 7.56$ 01/05/12 John Fisher Parking Parking for travel 48.00$ 01/05/12 John Fisher Rental Car Rental Car 170.49$ 01/05/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.19$ 01/05/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 12.64$ 01/05/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 4.55$ 01/05/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 10.18$ 01/05/12 Naveen Jayasundaram Rental Car Rental Car 275.00$ 01/05/12 Naveen Jayasundaram Taxi Airport - Home 28.00$ 01/05/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.17$ 01/05/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 11.06$ 01/05/12 Seth Walton Meals 3 - Group Outside Office Lunch - Travel Meal (D. Ebenstein, S. Walton) 31.09$ 01/05/12 Seth Walton Rental Car Rental Car 204.99$ 01/05/12 John Fisher Air Travel Dallas-Atlanta-01-05-2012 424.34$ 01/05/12 William Kersh Meals 1 - Travel Dining Alone Dinner 11.34$ 01/05/12 William Kersh Meals 1 - Travel Dining Alone Lunch 7.98$ 01/05/12 William Kersh Meals 3 - Group Outside Office Lunch - Travel Meal (D. Ebenstein, J. Schottland, W. Kersh) 30.31$

01/05/12 William Kersh Telecom Phone / Internet -Wifi 10.77$ 01/06/12 Joe Schottland Taxi Home - Airport 43.50$ 01/06/12 Seth Walton Air Travel Dallas-Atlanta-01-06-2012 424.34$ 01/06/12 William Kersh Taxi Airport - Home 30.60$ 01/07/12 Joe Schottland Taxi Home - Office 21.60$ 01/07/12 Seth Walton Taxi Airport - Home 44.00$

7 of 14




Date Employee Name Category Description Amount01/08/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/08/12 David Ebenstein Taxi Airport - Hotel 25.00$ 01/09/12 Alex Dichter Air Travel Tokoyo-Atlanta-01-09-2012 3,467.71$ 01/09/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 12.84$ 01/09/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 12.24$ 01/09/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 30.07$ 01/09/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/09/12 Aditya Bhatia Taxi Airport - Client 25.00$ 01/09/12 Aditya Bhatia Taxi Home - Airport 40.00$ 01/09/12 William Kersh Air Travel New York/Dallas-01-09-2012 1,459.80$ 01/09/12 Alex Dichter Other Rail / Subway 29.96$ 01/09/12 Alex Dichter Taxi Client - Hotel 30.00$ 01/09/12 Alex Dichter Taxi Office - Train Station 68.32$ 01/09/12 Alison Proshan Taxi Office - Home 9.80$ 01/09/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 13.65$ 01/09/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 43.06$ 01/09/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 0.95$ 01/09/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 1.50$ 01/09/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 10.56$ 01/09/12 Andrea Alexander Room Rate (May Include Tax) Hotel 182.85$ 01/09/12 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 6.49$ 01/09/12 Connor Morrison Meals 1 - Travel Dining Alone Dinner 47.93$ 01/09/12 Connor Morrison Meals 1 - Travel Dining Alone Lunch 8.11$ 01/09/12 Connor Morrison Room Rate (May Include Tax) Hotel 182.85$ 01/09/12 Connor Morrison Taxi Home - Airport 34.20$ 01/09/12 Aditya Bhatia Air Travel New York-Dallas-01-09-2012 716.15$ 01/09/12 Andrea Alexander Air Travel New York-Dallas-01-09-2012 664.09$ 01/09/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 3.71$ 01/09/12 David Ebenstein Meals 1 - Travel Dining Alone Dinner 25.27$ 01/09/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 7.77$ 01/09/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/09/12 Naveen Jayasundaram Air Travel New York-Dallas-01-09-2012 664.09$ 01/09/12 Seth Goldstrom Mileage : Personal Car Home - Airport (for travel) 18.87$ 01/09/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 5.29$ 01/09/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast -$ 01/09/12 Joe Schottland Room Rate (May Include Tax) Hotel 158.26$ 01/09/12 David Ebenstein Air Travel Miami-Dallas-01-09-2012 515.92$ 01/09/12 Seth Walton Air Travel Atlanta-Dallas-01-09-2012 500.29$ 01/09/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.24$ 01/09/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 01/09/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 30.00$ 01/09/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 15.28$ 01/09/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 01/09/12 Naveen Jayasundaram Taxi Home - Airport 30.00$ 01/09/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 5.23$ 01/09/12 Seth Walton Meals 1 - Travel Dining Alone Dinner 34.84$ 01/09/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 14.02$ 01/09/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 1.99$ 01/09/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 1.83$ 01/09/12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 01/09/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 9.45$ 01/09/12 William Kersh Meals 1 - Travel Dining Alone Dinner 42.67$ 01/09/12 William Kersh Meals 1 - Travel Dining Alone Lunch 7.53$ 01/09/12 William Kersh Room Rate (May Include Tax) Hotel 182.85$ 01/09/12 William Kersh Taxi Home - Airport 31.08$ 01/10/12 David Dorton Air Travel Atlanta/Dallas/Atlanta-01-10-2012 1,610.60$ 01/10/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 7.65$ 01/10/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 40.61$ 01/10/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 15.79$ 01/10/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/10/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 30.55$ 01/10/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 35.98$ 01/10/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 15.93$ 01/10/12 Andrea Alexander Room Rate (May Include Tax) Hotel 182.85$ 01/10/12 Evan Van Metre Air Travel Atlanta/Dallas/Atlanta-01-10-2012 1,063.60$ 01/10/12 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 4.06$ 01/10/12 Connor Morrison Meals 1 - Travel Dining Alone Dinner 29.16$ 01/10/12 Connor Morrison Meals 1 - Travel Dining Alone Lunch 13.61$ 01/10/12 Connor Morrison Room Rate (May Include Tax) Hotel 182.85$ 01/10/12 David Dorton Meals 3 - Group Outside Office Dinner - Client / Team Discussion (Joe Schottland, Seth

Goldstrom, David Dorton)203.95$

01/10/12 David Dorton Mileage : Personal Car Home - Airport (for travel) 8.88$ 01/10/12 David Dorton Room Rate (May Include Tax) Hotel 182.85$

8 of 14




Date Employee Name Category Description Amount01/10/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 4.32$ 01/10/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 3.71$ 01/10/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/10/12 Evan Van Metre Meals 1 - Travel Dining Alone Dinner 21.00$ 01/10/12 Evan Van Metre Meals 1 - Travel Dining Alone Lunch 8.00$ 01/10/12 Evan Van Metre Mileage : Personal Car Home - Airport (for travel) 22.20$ 01/10/12 Evan Van Metre Taxi Airport - Client 30.00$ 01/10/12 Joe Schottland Room Rate (May Include Tax) Hotel 228.85$ 01/10/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 5.54$ 01/10/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.19$ 01/10/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 11.85$ 01/10/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 12.91$ 01/10/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 01/10/12 Joe Schottland Air Travel Atlanta-Dallas-01-10-2012 434.34$ 01/10/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.17$ 01/10/12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 01/10/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/10/12 William Kersh Meals 1 - Travel Dining Alone Dinner 32.10$ 01/10/12 William Kersh Meals 1 - Travel Dining Alone Lunch 9.39$ 01/10/12 William Kersh Room Rate (May Include Tax) Hotel 182.85$ 01/10/12 William Kersh Other Misc hotel expense 5.00$ 01/11/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 11.08$ 01/11/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 25.34$ 01/11/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 8.63$ 01/11/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/11/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 29.95$ 01/11/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 1.50$ 01/11/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 16.58$ 01/11/12 Andrea Alexander Room Rate (May Include Tax) Hotel 182.85$ 01/11/12 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 6.00$ 01/11/12 Connor Morrison Meals 1 - Travel Dining Alone Dinner 16.75$ 01/11/12 Connor Morrison Meals 1 - Travel Dining Alone Lunch 17.90$ 01/11/12 Connor Morrison Room Rate (May Include Tax) Hotel 182.85$ 01/11/12 David Dorton Room Rate (May Include Tax) Hotel 182.85$ 01/11/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 9.94$ 01/11/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 3.18$ 01/11/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 8.08$ 01/11/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/11/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 13.16$ 01/11/12 Joe Schottland Room Rate (May Include Tax) Hotel 228.85$ 01/11/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 5.75$ 01/11/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.19$ 01/11/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 12.41$ 01/11/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 01/11/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.17$ 01/11/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 15.97$ 01/11/12 Seth Walton Meals 1 - Travel Dining Alone Dinner 28.00$ 01/11/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 11.87$ 01/11/12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 01/11/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/11/12 William Kersh Meals 1 - Travel Dining Alone Lunch 14.21$ 01/11/12 William Kersh Room Rate (May Include Tax) Hotel 182.85$ 01/12/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 7.43$ 01/12/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 8.60$ 01/12/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 11.99$ 01/12/12 Aditya Bhatia Telecom Phone / Internet -inflight internet for work 34.95$ 01/12/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 39.88$ 01/12/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 15.85$ 01/12/12 Andrea Alexander Taxi Airport - Home 49.50$ 01/12/12 Connor Morrison Meals 1 - Travel Dining Alone Breakfast 6.00$ 01/12/12 Connor Morrison Meals 1 - Travel Dining Alone Lunch 12.78$ 01/12/12 Connor Morrison Rental Car Rental Car 268.22$ 01/12/12 Connor Morrison Taxi Airport - Home 34.20$ 01/12/12 Connor Morrison Telecom Phone / Internet -inflight internet for work 10.00$ 01/12/12 David Dorton Meals 1 - Travel Dining Alone Breakfast 25.13$ 01/12/12 David Dorton Meals 1 - Travel Dining Alone Dinner 31.34$ 01/12/12 David Dorton Meals 1 - Travel Dining Alone Lunch 29.45$ 01/12/12 David Dorton Room Rate (May Include Tax) Hotel 182.85$ 01/12/12 David Dorton Taxi Client - Hotel 40.00$ 01/12/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 8.72$ 01/12/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 8.96$ 01/12/12 David Ebenstein Telecom Phone / Internet -expense refunded - see next 10.77$ 01/12/12 David Ebenstein Telecom Phone / Internet -refund (10.77)$

9 of 14




Date Employee Name Category Description Amount01/12/12 Aditya Bhatia Air Travel Dallas-New York-01-12-2012 612.04$ 01/12/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 7.33$ 01/12/12 Joe Schottland Room Rate (May Include Tax) Hotel 182.85$ 01/12/12 Joe Schottland Taxi Airport - Home 71.28$ 01/12/12 Joe Schottland Taxi Client - Airport 27.00$ 01/12/12 Joe Schottland Taxi Home - Airport 75.99$ 01/12/12 Connor Morrison Air Travel Dallas/Philadelphia-01-12-2012 529.80$ 01/12/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.94$ 01/12/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 4.22$ 01/12/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 13.89$ 01/12/12 Naveen Jayasundaram Rental Car Rental Car 277.74$ 01/12/12 Andrea Alexander Air Travel Dallas-Atlanta-01-12-2012 462.30$ 01/12/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 1.83$ 01/12/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 9.61$ 01/12/12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 01/12/12 Seth Walton Air Travel Dallas-Atlanta-01-12-2012 424.34$ 01/12/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/12/12 William Kersh Meals 1 - Travel Dining Alone Lunch 7.41$ 01/12/12 William Kersh Taxi Airport - Home 46.50$ 01/12/12 William Kersh Telecom Phone / Internet -inflight internet for work 39.95$ 01/13/12 Aditya Bhatia Taxi Airport - Home 38.50$ 01/13/12 Andrea Alexander Taxi Home - Airport 45.50$ 01/13/12 David Dorton Meals 1 - Travel Dining Alone Dinner 32.23$ 01/13/12 David Dorton Meals 1 - Travel Dining Alone Lunch 5.50$ 01/13/12 David Dorton Mileage : Personal Car Airport - Home (for travel) 8.88$ 01/13/12 David Dorton Parking Parking for travel 64.00$ 01/13/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 7.17$ 01/13/12 Joe Schottland Meals 1 - Travel Dining Alone Lunch 8.53$ 01/13/12 Joe Schottland Meals 3 - Group Outside Office Breakfast - Client / Team Discussion (S. Walton, J.

Schottland)21.88$

01/13/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.62$ 01/13/12 Seth Walton Rental Car Rental Car 348.96$ 01/14/12 Joe Schottland Taxi Client - Airport 25.40$ 01/14/12 Seth Walton Taxi Airport - Home 49.50$ 01/15/12 David Ebenstein Taxi Hotel - Client 35.00$ 01/15/12 Naveen Jayasundaram Parking Parking for travel 13.80$ 01/15/12 William Kersh Taxi Home - Airport 44.50$ 01/16/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 16.04$ 01/16/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 38.33$ 01/16/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 12.84$ 01/16/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 228.85$ 01/16/12 Aditya Bhatia Taxi Home - Airport 40.00$ 01/16/12 David Dorton Air Travel Atlanta/Dallas/Atlanta-01-16-2012 1,063.60$ 01/16/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 12.60$ 01/16/12 Andrea Alexander Meals 1 - Travel Dining Alone Dinner 63.29$ 01/16/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 11.06$ 01/16/12 Andrea Alexander Parking Parking for travel 25.00$ 01/16/12 Andrea Alexander Room Rate (May Include Tax) Hotel 242.95$ 01/16/12 Andrea Alexander Telecom Phone / Internet -inflight internet for work 34.95$ 01/16/12 Aditya Bhatia Air Travel New York-Dallas-01-16-2012 716.15$ 01/16/12 David Dorton Meals 1 - Travel Dining Alone Dinner 39.20$ 01/16/12 David Dorton Meals 1 - Travel Dining Alone Lunch 7.74$ 01/16/12 David Dorton Mileage : Personal Car Home - Airport (for travel) 8.88$ 01/16/12 David Dorton Room Rate (May Include Tax) Hotel 264.45$ 01/16/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 3.65$ 01/16/12 David Ebenstein Meals 3 - Group Outside Office Dinner - Travel Meal (D. Ebenstein, S. Walton) 56.55$ 01/16/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/16/12 David Ebenstein Taxi Airport - Client 30.00$ 01/16/12 Andrea Alexander Air Travel New York-Dallas-01-16-2012 664.09$ 01/16/12 Naveen Jayasundaram Air Travel New York-Dallas-01-16-2012 664.09$ 01/16/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 8.24$ 01/16/12 Joe Schottland Room Rate (May Include Tax) Hotel 182.85$ 01/16/12 Joe Schottland Taxi Airport - Client 24.00$ 01/16/12 Seth Walton Air Travel Atlanta-Dallas-01-16-2012 500.29$ 01/16/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 01/16/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 35.15$ 01/16/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 6.77$ 01/16/12 Naveen Jayasundaram Taxi Home - Airport 29.90$ 01/16/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 6.14$ 01/16/12 Seth Walton Room Rate (May Include Tax) Hotel 367.95$ 01/16/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 8.70$ 01/16/12 William Kersh Meals 1 - Travel Dining Alone Dinner 20.47$ 01/16/12 William Kersh Meals 1 - Travel Dining Alone Lunch 10.57$

10 of 14




Date Employee Name Category Description Amount01/16/12 William Kersh Room Rate (May Include Tax) Hotel 228.85$ 01/17/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 12.19$ 01/17/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 6.47$ 01/17/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 228.85$ 01/17/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 3.78$ 01/17/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 29.05$ 01/17/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 11.51$ 01/17/12 Andrea Alexander Parking Parking for travel 25.00$ 01/17/12 Andrea Alexander Room Rate (May Include Tax) Hotel 242.95$ 01/17/12 Evan Van Metre Air Travel Atlanta/Dallas/IAH-01-17-2012 930.60$ 01/17/12 David Dorton Meals 1 - Travel Dining Alone Breakfast 3.98$ 01/17/12 David Dorton Meals 1 - Travel Dining Alone Dinner 6.79$ 01/17/12 David Dorton Meals 1 - Travel Dining Alone Lunch 5.17$ 01/17/12 David Dorton Room Rate (May Include Tax) Hotel 264.45$ 01/17/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 7.33$ 01/17/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 8.08$ 01/17/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/17/12 Evan Van Metre Meals 1 - Travel Dining Alone Dinner 24.00$ 01/17/12 Evan Van Metre Mileage : Personal Car Home - Airport (for travel) 22.20$ 01/17/12 Evan Van Metre Room Rate (May Include Tax) Hotel 344.95$ 01/17/12 Joe Schottland Meals 1 - Travel Dining Alone Lunch 17.92$ 01/17/12 Joe Schottland Other Phone / Internet 11.11$ 01/17/12 Joe Schottland Room Rate (May Include Tax) Hotel 367.95$ 01/17/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.22$ 01/17/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 9.90$ 01/17/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 3.02$ 01/17/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.01$ 01/17/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 3.98$ 01/17/12 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal (D. Dorton, A. Bhatia, D. Ebenstein, S.

Walton, A. Alexander, N. Jayasundaram, J. Schottland)204.11$

01/17/12 Seth Walton Room Rate (May Include Tax) Hotel 367.95$ 01/17/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/17/12 William Kersh Meals 1 - Travel Dining Alone Lunch 10.67$ 01/17/12 William Kersh Room Rate (May Include Tax) Hotel 228.85$ 01/18/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 7.76$ 01/18/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 36.97$ 01/18/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 17.28$ 01/18/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 228.85$ 01/18/12 Aditya Bhatia Taxi Airport - Home 38.00$ 01/18/12 Abhi Bhatnagar Air Travel Atlanta/Dallas/Atlanta-01-18-2012 1,063.60$ 01/18/12 Andrea Alexander Meals 1 - Travel Dining Alone Breakfast 9.17$ 01/18/12 Andrea Alexander Parking Parking for travel 25.00$ 01/18/12 Andrea Alexander Room Rate (May Include Tax) Hotel 220.35$ 01/18/12 Andrea Alexander Taxi Home - Airport 54.40$ 01/18/12 David Dorton Meals 1 - Travel Dining Alone Breakfast 36.20$ 01/18/12 David Dorton Meals 1 - Travel Dining Alone Dinner 44.65$ 01/18/12 David Dorton Meals 1 - Travel Dining Alone Lunch 10.79$ 01/18/12 David Dorton Room Rate (May Include Tax) Hotel 264.45$ 01/18/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 4.32$ 01/18/12 David Ebenstein Meals 1 - Travel Dining Alone Dinner 31.46$ 01/18/12 David Ebenstein Meals 3 - Group Outside Office Lunch - Client / Team Discussion (D. Ebenstein, S. Walton) 24.97$

01/18/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/18/12 David Ebenstein Taxi Hotel - Client 33.00$ 01/18/12 Evan Van Metre Meals 1 - Travel Dining Alone Breakfast 7.00$ 01/18/12 Evan Van Metre Meals 1 - Travel Dining Alone Lunch 11.00$ 01/18/12 Evan Van Metre Rental Car Rental Car 426.19$ 01/18/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 4.50$ 01/18/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 8.62$ 01/18/12 Joe Schottland Meals 3 - Group Outside Office Dinner - Client / Team Discussion (S. Walton, J. Schottland) 52.66$

01/18/12 Joe Schottland Other Phone / Internet 11.11$ 01/18/12 Joe Schottland Room Rate (May Include Tax) Hotel 367.95$ 01/18/12 Andrea Alexander Air Travel Dallas/Philadelphia-01-18-2012 529.80$ 01/18/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.35$ 01/18/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 50.00$ 01/18/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 14.95$ 01/18/12 Naveen Jayasundaram Taxi Airport - Home 50.00$ 01/18/12 Seth Walton Room Rate (May Include Tax) Hotel 367.95$ 01/18/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/18/12 William Kersh Meals 1 - Travel Dining Alone Dinner 42.20$ 01/18/12 William Kersh Meals 1 - Travel Dining Alone Lunch 18.36$

11 of 14




Date Employee Name Category Description Amount01/18/12 William Kersh Room Rate (May Include Tax) Hotel 228.85$ 01/18/12 William Kersh Taxi Hotel - Client 51.75$ 01/19/12 Aditya Bhatia Meals 1 - Travel Dining Alone Breakfast 7.86$ 01/19/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 13.60$ 01/19/12 Aditya Bhatia Meals 1 - Travel Dining Alone Lunch 6.81$ 01/19/12 Andrea Alexander Meals 1 - Travel Dining Alone Lunch 15.98$ 01/19/12 Andrea Alexander Rental Car Rental Car 387.97$ 01/19/12 David Dorton Meals 1 - Travel Dining Alone Breakfast 5.26$ 01/19/12 David Dorton Meals 1 - Travel Dining Alone Dinner 18.66$ 01/19/12 David Dorton Meals 1 - Travel Dining Alone Lunch 17.30$ 01/19/12 David Dorton Mileage : Personal Car Airport - Home (for travel) 8.88$ 01/19/12 David Dorton Parking Parking for travel 64.00$ 01/19/12 David Dorton Rental Car Rental Car 340.48$ 01/19/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 2.15$ 01/19/12 David Ebenstein Meals 1 - Travel Dining Alone Dinner 4.49$ 01/19/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 11.02$ 01/19/12 David Ebenstein Telecom Phone / Internet -inflight internet for work 10.77$ 01/19/12 Andrea Alexander Air Travel Dallas-New York-01-19-2012 664.09$ 01/19/12 Seth Goldstrom Mileage : Personal Car Home - Airport (for travel) 18.87$ 01/19/12 Aditya Bhatia Air Travel Dallas-New York-01-19-2012 612.04$ 01/19/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 6.38$ 01/19/12 Joe Schottland Taxi Client - Airport 27.00$ 01/19/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 16.79$ 01/19/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.46$ 01/19/12 Seth Walton Room Rate (May Include Tax) Hotel 367.95$ 01/19/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/19/12 William Kersh Meals 1 - Travel Dining Alone Dinner 12.83$ 01/19/12 William Kersh Meals 1 - Travel Dining Alone Lunch 11.13$ 01/20/12 David Ebenstein Taxi Home - Airport 124.44$ 01/20/12 Seth Walton Air Travel Dallas-New York-01-20-2012 664.09$ 01/20/12 Joe Schottland Taxi Airport - Home 74.34$ 01/20/12 Joe Schottland Taxi Home - Airport 75.99$ 01/20/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.83$ 01/20/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 60.00$ 01/20/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 20.45$ 01/20/12 Seth Walton Meals 1 - Travel Dining Alone Dinner 7.00$ 01/20/12 Seth Walton Rental Car Rental Car 335.64$ 01/20/12 Seth Walton Taxi Airport - Home 43.00$ 01/21/12 Naveen Jayasundaram Rental Car Rental Car 457.33$ 01/21/12 Seth Walton Taxi Airport - Home 36.84$ 01/23/12 Seth Walton Air Travel Atlanta/Dallas/Atlanta-01-23-2012 1,600.60$ 01/23/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/23/12 David Dorton Air Travel Atlanta/Dallas/Atlanta-01-23-2012 1,063.60$ 01/23/12 Aditya Bhatia Air Travel New York-Dallas-01-23-2012 716.15$ 01/23/12 David Dorton Meals 1 - Travel Dining Alone Dinner 39.32$ 01/23/12 David Dorton Mileage : Personal Car Home - Airport (for travel) 8.88$ 01/23/12 David Dorton Room Rate (May Include Tax) Hotel 287.45$ 01/23/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 10.79$ 01/23/12 Joe Schottland Meals 1 - Travel Dining Alone Lunch 8.24$ 01/23/12 Joe Schottland Room Rate (May Include Tax) Hotel 182.85$ 01/23/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 5.17$ 01/23/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 40.00$ 01/23/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 16.14$ 01/23/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 194.35$ 01/23/12 Naveen Jayasundaram Telecom Phone / Internet -inflight internet for work 34.95$ 01/23/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 1.83$ 01/23/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 2.03$ 01/23/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 10.17$ 01/23/12 Seth Walton Room Rate (May Include Tax) Hotel 310.45$ 01/23/12 Seth Walton Taxi Home - Airport 40.50$ 01/23/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 8.70$ 01/23/12 William Kersh Meals 1 - Travel Dining Alone Dinner 29.57$ 01/23/12 William Kersh Meals 1 - Travel Dining Alone Lunch 11.44$ 01/23/12 William Kersh Room Rate (May Include Tax) Hotel 251.85$ 01/23/12 William Kersh Taxi Airport - Client 33.45$ 01/24/12 Aditya Bhatia Meals 1 - Travel Dining Alone Dinner 42.58$ 01/24/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/24/12 David Dorton Fuel Fuel - Rental Car (Travel) 9.14$ 01/24/12 David Dorton Meals 1 - Travel Dining Alone Breakfast 4.51$ 01/24/12 David Dorton Meals 1 - Travel Dining Alone Dinner 12.19$ 01/24/12 David Dorton Meals 1 - Travel Dining Alone Lunch 5.00$ 01/24/12 David Dorton Parking Parking for travel 32.00$ 01/24/12 David Dorton Rental Car Rental Car 163.25$

12 of 14




Date Employee Name Category Description Amount01/24/12 Evan Van Metre Meals 1 - Travel Dining Alone Breakfast 8.00$ 01/24/12 Evan Van Metre Meals 1 - Travel Dining Alone Lunch 12.00$ 01/24/12 Evan Van Metre Mileage : Personal Car Home - Airport (for travel) 22.20$ 01/24/12 Evan Van Metre Taxi Airport - Client 30.00$ 01/24/12 Seth Goldstrom Mileage : Personal Car Home - Airport (for travel) 18.87$ 01/24/12 Seth Goldstrom Room Rate (May Include Tax) Hotel 287.45$ 01/24/12 Joe Schottland Meals 1 - Travel Dining Alone Lunch 17.45$ 01/24/12 Joe Schottland Other Phone / Internet 11.11$ 01/24/12 Joe Schottland Room Rate (May Include Tax) Hotel 287.45$ 01/24/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 01/24/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.29$ 01/24/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 41.00$ 01/24/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 12.84$ 01/24/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 194.35$ 01/24/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 9.85$ 01/24/12 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal (S. Walton, J. Schottland) 51.84$ 01/24/12 Seth Walton Room Rate (May Include Tax) Hotel 310.45$ 01/24/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/24/12 William Kersh Meals 1 - Travel Dining Alone Dinner 30.22$ 01/24/12 William Kersh Meals 1 - Travel Dining Alone Lunch 17.37$ 01/24/12 William Kersh Room Rate (May Include Tax) Hotel 251.85$ 01/24/12 William Kersh Taxi Client - Hotel 27.00$ 01/24/12 William Kersh Taxi Hotel - Client 29.00$ 01/25/12 Aditya Bhatia Room Rate (May Include Tax) Hotel 182.85$ 01/25/12 David Dorton Air Travel Atlanta/Dallas/Atlanta-01-25-2012 1,063.60$ 01/25/12 David Dorton Meals 1 - Travel Dining Alone Lunch 11.98$ 01/25/12 David Dorton Mileage : Personal Car Airport - Home (for travel) 8.88$ 01/25/12 David Dorton Parking Parking for travel 32.00$ 01/25/12 Seth Goldstrom Room Rate (May Include Tax) Hotel 287.45$ 01/25/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 8.84$ 01/25/12 Joe Schottland Other Phone / Internet 11.11$ 01/25/12 Joe Schottland Room Rate (May Include Tax) Hotel 287.45$ 01/25/12 Keith Williams Meals 2 - Local Overtime Meal Dinner 20.00$ 01/25/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 01/25/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 17.67$ 01/25/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 6.77$ 01/25/12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 194.35$ 01/25/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 4.50$ 01/25/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 12.72$ 01/25/12 Seth Walton Room Rate (May Include Tax) Hotel 310.45$ 01/25/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/25/12 William Kersh Meals 1 - Travel Dining Alone Lunch 10.28$ 01/25/12 William Kersh Room Rate (May Include Tax) Hotel 194.35$ 01/25/12 William Kersh Taxi Hotel - Client 33.65$ 01/26/12 Alex Dichter Meals 1 - Travel Dining Alone Lunch 10.71$ 01/26/12 Naveen Jayasundaram Air Travel Dallas-New York-01-26-2012 724.40$ 01/26/12 David Dorton Meals 1 - Travel Dining Alone Lunch 18.25$ 01/26/12 David Dorton Taxi Client - Airport 40.00$ 01/26/12 Seth Goldstrom Other Misc hotel expense 38.70$ 01/26/12 Aditya Bhatia Air Travel Dallas-New York-01-26-2012 612.04$ 01/26/12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion (K. Williams - Overtime, J.

Schottland, S. Walton)84.20$

01/26/12 Seth Goldstrom Air Travel Dallas/Atlanta-01-26-2012 555.80$ 01/26/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.62$ 01/26/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 8.11$ 01/26/12 Naveen Jayasundaram Rental Car Rental Car 224.85$ 01/26/12 Seth Walton Air Travel Dallas-Atlanta-01-26-2012 462.30$ 01/26/12 Seth Walton Meals 1 - Travel Dining Alone Dinner 15.00$ 01/26/12 Seth Walton Rental Car Rental Car 264.86$ 01/26/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/26/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 16.90$ 01/26/12 William Kersh Meals 1 - Travel Dining Alone Dinner 12.30$ 01/26/12 William Kersh Taxi Airport - Home 46.50$ 01/27/12 David Ebenstein Taxi Airport - Home 127.50$ 01/27/12 Joe Schottland Taxi Home - Airport 75.99$ 01/29/12 David Dorton Parking Parking for travel 48.00$ 01/30/12 Evan Van Metre Air Travel Atlanta/Dallas/Atlanta-01-30-2012 1,067.60$ 01/30/12 David Dorton Air Travel Atlanta/Dallas/Atlanta-01-30-2012 1,063.60$ 01/30/12 David Dorton Meals 1 - Travel Dining Alone Lunch 2.15$ 01/30/12 David Dorton Meals 3 - Group Outside Office Dinner - Client / Team Discussion (Seth Goldstrom, David

Dorton)56.36$

01/30/12 David Dorton Mileage : Personal Car Home - Airport (for travel) 8.88$ 01/30/12 David Dorton Room Rate (May Include Tax) Hotel 298.95$

13 of 14




Date Employee Name Category Description Amount01/30/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 4.64$ 01/30/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 2.87$ 01/30/12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 01/30/12 David Ebenstein Taxi Airport - Client 32.00$ 01/30/12 Evan Van Metre Meals 1 - Travel Dining Alone Breakfast 9.00$ 01/30/12 Evan Van Metre Meals 1 - Travel Dining Alone Lunch 8.00$ 01/30/12 Evan Van Metre Mileage : Personal Car Home - Airport (for travel) 22.20$ 01/30/12 Evan Van Metre Taxi Airport - Client 30.00$ 01/30/12 Seth Goldstrom Mileage : Personal Car Home - Airport (for travel) 18.87$ 01/30/12 Seth Goldstrom Room Rate (May Include Tax) Hotel 298.95$ 01/30/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 8.24$ 01/30/12 Joe Schottland Room Rate (May Include Tax) Hotel 217.35$ 01/30/12 Joe Schottland Taxi Airport - Client 23.60$ 01/30/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 2.05$ 01/30/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 5.17$ 01/30/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 4.33$ 01/30/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 3.02$ 01/30/12 Naveen Jayasundaram Taxi Home - Airport 29.00$ 01/30/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 1.83$ 01/30/12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion (E. Van Metre, S.

Goldstrom, D. Ebenstein, S. Walton, K. Williams, N. Jayasundaram, J. Schottland, W. Kersh)

172.62$

01/30/12 Seth Walton Taxi Home - Airport 41.75$ 01/30/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 9.99$ 01/30/12 William Kersh Room Rate (May Include Tax) Hotel 220.35$ 01/30/12 William Kersh Taxi Airport - Client 29.65$ 01/31/12 David Dorton Air Travel Dallas/Atlanta-01-31-2012 1,254.80$ 01/31/12 David Dorton Meals 1 - Travel Dining Alone Breakfast 2.15$ 01/31/12 David Dorton Meals 1 - Travel Dining Alone Dinner 16.96$ 01/31/12 David Dorton Meals 1 - Travel Dining Alone Lunch 6.66$ 01/31/12 David Dorton Mileage : Personal Car Airport - Home (for travel) 8.88$ 01/31/12 David Dorton Parking Parking for travel 32.00$ 01/31/12 David Dorton Rental Car Rental Car 163.25$ 01/31/12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 8.09$ 01/31/12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 10.80$ 01/31/12 David Ebenstein Taxi Client - Airport 32.00$ 01/31/12 David Ebenstein Taxi Hotel - Client 28.00$ 01/31/12 David Ebenstein Telecom Phone / Internet -inflight internet for work 10.77$ 01/31/12 Joe Schottland Meals 1 - Travel Dining Alone Breakfast 8.84$ 01/31/12 Joe Schottland Taxi Hotel - Client 23.35$ 01/31/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 01/31/12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 16.03$ 01/31/12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 5.87$ 01/31/12 Seth Walton Meals 1 - Travel Dining Alone Lunch 6.15$ 01/31/12 Seth Walton Rental Car Rental Car 140.35$ 01/31/12 William Kersh Meals 1 - Travel Dining Alone Breakfast 5.93$ 01/31/12 William Kersh Meals 1 - Travel Dining Alone Dinner 50.62$ 01/31/12 William Kersh Meals 1 - Travel Dining Alone Lunch 11.63$ 01/31/12 William Kersh Room Rate (May Include Tax) Hotel 220.35$ 01/31/12 William Kersh Taxi Home - Airport 46.50$


14 of 14



AMR Corporation, et al.Case hours, February 1, 2012 to February 29, 2012Travel time at 50%

Name Date Task Code Description Time AmountSeth Goldstrom 2/1/2012 Business Analysis Call with AMR outside counsel, Rothschild and Perella Weinberg on Pension discussion 2.5 2,237.50$

Seth Goldstrom 2/1/2012 Business Analysis Meeting with J. Gallagher (PH), H. Parkhill (Roths), K. Williams (McK)on preparations for 1113 filings at the directions of counsel

1.3 1,163.50$

Seth Goldstrom 2/1/2012 Business Analysis Call with E. Van Metre (McK) discussing various assumptions 0.6 537.00$ Seth Goldstrom 2/1/2012 Business Analysis Attending board meeting 0.6 537.00$ Seth Goldstrom 2/1/2012 Business Analysis Meeting with S. Walton (McK), D. Ebenstein (McK) on next step analyses 0.5 447.50$ Seth Goldstrom 2/1/2012 Business Analysis Meeting with K. Williams (McK) on next steps around model 0.4 358.00$ Seth Goldstrom 2/1/2012 Business Analysis Meeting with C. Irvin (AMR) on Friday adviser meeting 0.3 268.50$ Seth Goldstrom 2/1/2012 Business Analysis Conversation with C. Irvin (AMR) to discuss projecting business plan 0.2 179.00$ Seth Goldstrom 2/1/2012 Business Analysis Meeting with H. Parkhill (Roths) to discuss business plan 0.1 89.50$ Evan Van Metre 2/1/2012 Business Analysis Call with S. Goldstrom (McK) discussing various assumptions 0.6 537.00$ Keith Williams 2/1/2012 Business Analysis Continuation of labor and pension discussion with additional participants, including Weil (H

Miller, S karotkin), and G Ford (AMR)1.3 910.00$

Keith Williams 2/1/2012 Business Analysis Review revenue model presentation for distribution and comment 1.3 910.00$ Keith Williams 2/1/2012 Business Analysis Meeting with J. Gallagher (PH), H. Parkhill (Roths), S. Goldstrom (McK) on preparations for 1113

filings at the directions of counsel1.3 910.00$

Keith Williams 2/1/2012 Business Analysis Discussion with AMR (R White, C Irvin), Paul Hastings, Perella Weinberg (S Spencer and A Verost), Rothschild (H Parkhill, Y Chou) and S Goldstom regarding Labor issues and Pension (partial attendance)

1.2 840.00$

Keith Williams 2/1/2012 Business Analysis Call with D. Ebenstein (McK) on model, implications for PGBC termination discussion 0.5 350.00$ Keith Williams 2/1/2012 Business Analysis Meeting with S. Goldstrom (McK) on next steps around model 0.4 280.00$ Joe Schottland 2/1/2012 Business Analysis Revise Wright Ammendment analysis to better compare the top down with the bottom up

views1.9 1,358.50$

Joe Schottland 2/1/2012 Business Analysis Problem solving discussion with S Walton (McK) and D Ebenstein (McK) on change to OA capacity analysis

1.1 786.50$

Joe Schottland 2/1/2012 Business Analysis Review "2012 PRASM" for presentation for Friday 1.0 715.00$ Joe Schottland 2/1/2012 Business Analysis Review JBA data from R&I and conf call with G Fuechs (McK) 1.0 715.00$ Joe Schottland 2/1/2012 Business Analysis Edit and integrate "Wright amendment" analysis into presentation for Friday 0.9 643.50$ Joe Schottland 2/1/2012 Business Analysis Meet with Patrick Quayle (AMR) to RASM benchmarks 0.7 500.50$ Joe Schottland 2/1/2012 Business Analysis Problem solving discussion with S Walton (McK) on timing and impact of JBA 0.6 429.00$ Joe Schottland 2/1/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Walton,

Kersh, Jayasundaram)0.5 357.50$

Joe Schottland 2/1/2012 Business Analysis Problem solving discussion with C Irvin (AMR) and H Parkhill (Roths) on OA capacity analysis 0.5 357.50$

Joe Schottland 2/1/2012 Business Analysis Update and send presentation for Friday to McK leadership team 0.3 214.50$ David Ebenstein 2/1/2012 Business Analysis Call with McKinsey (S. Walton, J. Schottland) re: model refinements (fleet, product, OA capacity

2014 calculation)1.1 605.00$

David Ebenstein 2/1/2012 Business Analysis Develop stage length adjustment model to calculate growth in yield due to growth in average stage length

0.9 495.00$

David Ebenstein 2/1/2012 Business Analysis Call with Naveen J. (McK) re: yield forecast approach and presentation pages 0.6 330.00$ David Ebenstein 2/1/2012 Business Analysis Meeting with S. Walton (McK), S. Goldstrom (McK) on next step analyses 0.5 275.00$ David Ebenstein 2/1/2012 Business Analysis Call with K. Williams (McK) on model variables, implications for PGBC termination discussion 0.5 275.00$

Abhi Bhatnagar 2/1/2012 Business Analysis Call with D. Dorton and S. Goldstrom on proposed approach for AMR IT 1.0 525.00$ Seth Walton 2/1/2012 Business Analysis OA capacity analysis; update model results 3.1 1,550.00$ Seth Walton 2/1/2012 Business Analysis Create "2012 PRASM" analysis for presentation for Friday 2.0 1,000.00$ Seth Walton 2/1/2012 Business Analysis Problem solving discussion with J Schottland (McK) and D Ebenstein (McK) on OA capacity

analysis1.1 550.00$

Seth Walton 2/1/2012 Business Analysis Edit and integrate "Wright amendment" analysis into presentation for Friday 0.9 450.00$ Seth Walton 2/1/2012 Business Analysis Problem solving discussion with J Schottland (McK) on timing and impact of JBA 0.6 300.00$ Seth Walton 2/1/2012 Business Analysis Meeting with S. Goldstrom (McK), D. Ebenstein (McK) on next step analyses 0.5 250.00$ Seth Walton 2/1/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Schottland,


Seth Walton 2/1/2012 Business Analysis Discussion with C Irvin (AMR) and H Parkhill (Roths) on OA capacity analysis 0.5 250.00$ Seth Walton 2/1/2012 Business Analysis Update and send presentation for Friday to McK leadership team 0.3 150.00$ Naveen Jayasundaram 2/1/2012 Business Analysis Created summary sheet to incorporate PRASM and revenue projections 2.4 780.00$ Naveen Jayasundaram 2/1/2012 Business Analysis Reviewed numbers from updated model against prior revenue model, investigated differences 1.9 617.50$

Naveen Jayasundaram 2/1/2012 Business Analysis Updated revenue model for changes in PRASM effect from layers 1.2 390.00$ Naveen Jayasundaram 2/1/2012 Business Analysis Finalized and forwarded yield growth analysis to D Ebenstein (McK) and S Walton (McK) 0.9 292.50$

Naveen Jayasundaram 2/1/2012 Business Analysis Call with D. Ebenstein (McK) re: yield forecast approach and presentation pages 0.6 195.00$ Naveen Jayasundaram 2/1/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Schottland,

Kersh, Walton)0.5 162.50$

William Kersh 2/1/2012 Business Analysis Update maintenance materials slides to include both engines and airframes 2.7 810.00$ William Kersh 2/1/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Schottland,

Jayasundaram, Walton)0.5 150.00$

Guenter Fuchs 2/1/2012 Business Analysis Conf call with J. Schottland (McK) re JBA data and analysis 0.5 100.00$ Keith Williams 2/2/2012 Business Analysis Review Business Plan model assumptions document and provide comments at request of C

Irvin (AMR)2.1 1,470.00$

Keith Williams 2/2/2012 Business Analysis Review Business Plan model at request of C Irvin (AMR) 1.3 910.00$

1 of 19




Name Date Task Code Description Time AmountKeith Williams 2/2/2012 Business Analysis Detailed review of Business Plan model assumptions with C. Irvin (AMR) post my comments 1.2 840.00$

Keith Williams 2/2/2012 Business Analysis Prepare for meeting business plan/revenue assumption meeting with participants from AMR (B Goulet, C Irvin, D Casey), McKinsey (S Goldstrom (McK), J Schottland (McK), S Walton) and Rothschild.

1.1 770.00$

Keith Williams 2/2/2012 Business Analysis Review cash flow variance report and format changes at request of G Schwendinger (AMR) 0.8 560.00$

Keith Williams 2/2/2012 Business Analysis Review revenenue model with S Walton (Mck) to discuss specific assumption and inputs 0.6 420.00$

Joe Schottland 2/2/2012 Business Analysis Prepare for Friday presentation (broader AMR and McKinsey / Rothschild teams) 3.5 2,502.50$ Joe Schottland 2/2/2012 Business Analysis Integrate AA codeshare data and comparison to OA codeshare benchmarks into creditor

presentation1.8 1,287.00$

Joe Schottland 2/2/2012 Business Analysis Review fleet age and OA capacity data from R&I to compare to McK Analysis 1.5 1,072.50$ Joe Schottland 2/2/2012 Business Analysis Review AA's industry glossary with C Irvin (AA) 1.2 858.00$ Joe Schottland 2/2/2012 Business Analysis Review AA market research on HVC switching behavior with P Quayle (AA) 1.1 786.50$ Joe Schottland 2/2/2012 Business Analysis Prepare for meeting with AMR for upcoming presentation 1.0 715.00$ Joe Schottland 2/2/2012 Business Analysis Review transatlantic corporate sales data (BA and AA) to isolate product benefit 0.8 572.00$ Joe Schottland 2/2/2012 Business Analysis Conf Call with E Parsons (AMR) to discuss PRASM change on transatlantic 0.8 572.00$ Joe Schottland 2/2/2012 Business Analysis Review David Ela (AMR) presentation on 2012 plan documentation 0.7 500.50$ Joe Schottland 2/2/2012 Business Analysis Scan latest revenue model in prep for meeting 0.7 500.50$ Joe Schottland 2/2/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Walton,


David Ebenstein 2/2/2012 Business Analysis Review AMR business plan model and explanation document (to be used with creditors), provide comments and make edits to model/presentation

2.1 1,155.00$

David Ebenstein 2/2/2012 Business Analysis Review excel BPM model to be shared with creditor, provide comments to AMR (C. Irvin) 1.9 1,045.00$

David Ebenstein 2/2/2012 Business Analysis Review excel revenue model to be shared with creditor, provide comments to team, make model adjustments

1.6 880.00$

David Ebenstein 2/2/2012 Business Analysis Update forecast model: profit sharing calculation 0.5 275.00$ Abhi Bhatnagar 2/2/2012 Business Analysis Detailed document for approach, plan, arrangements for Tom & Maya (AMR) 2.5 1,312.50$ Seth Walton 2/2/2012 Business Analysis Update Friday presentation with correct data sources, footnotes, and clarifications from N

Jayasundaram (McK) on RPM growth calc1.4 700.00$

Seth Walton 2/2/2012 Business Analysis Review and comment on BPM assumptions (C Irvin, AMR) 1.2 600.00$ Seth Walton 2/2/2012 Business Analysis Compile latest presentation for Friday and send to C Irvin (AMR) for review 0.9 450.00$ Seth Walton 2/2/2012 Business Analysis Update and send final presentation to Rothschild and Cathy Schillinger 0.7 350.00$ Seth Walton 2/2/2012 Business Analysis Review revenenue model with K. Williams (Mck) to discuss specific assumption and inputs 0.6 300.00$

Seth Walton 2/2/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Schottland, Kersh, Jayasundaram)

0.5 250.00$

Seth Walton 2/2/2012 Business Analysis Review and send updated fleet age report to Rothschild 0.5 250.00$ Seth Walton 2/2/2012 Business Analysis Email excahange with E Parsons (AMR) on communication of revenue improvements 0.4 200.00$ Naveen Jayasundaram 2/2/2012 Business Analysis Extracted ramp hour growth by geography from network plan, sent to R Solomon (AMR) 2.1 682.50$

Naveen Jayasundaram 2/2/2012 Business Analysis Email exchange with S Walton (McK) on sources for demand growth assumptions 0.8 260.00$ Naveen Jayasundaram 2/2/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Walton,

Kersh, Schottland)0.5 162.50$

William Kersh 2/2/2012 Business Analysis Calculation of A/C hours by A/C type via Form 41 data 3.2 960.00$ William Kersh 2/2/2012 Business Analysis Prepare analysis for A/C utilization presentation leveraging results from A/C hours by A/C type


William Kersh 2/2/2012 Business Analysis Meet to discuss current status on workstreams and plan for the day (McK team - Walton, Schottland, Jayasundaram)

0.5 150.00$

Seth Goldstrom 2/3/2012 Business Analysis Discussion with J. Schottland (McK) on next steps and feedback from model review 0.5 447.50$ Seth Goldstrom 2/3/2012 Business Analysis Discuss key priorities with K. Williams (McK) 0.3 268.50$ Seth Goldstrom 2/3/2012 Business Analysis Discuss model and analyses with S. Walton (McK) and D. Ebenstein (McK) 0.3 268.50$ Seth Goldstrom 2/3/2012 Business Analysis Review emails 0.3 268.50$ Seth Goldstrom 2/3/2012 Business Analysis Discuss next steps with C. Irvin (AMR) 0.2 179.00$ Keith Williams 2/3/2012 Business Analysis Review presentations prior to meeting and prep with C Irvin (AMR) 0.7 490.00$ Keith Williams 2/3/2012 Business Analysis Discussion with C Irvin (AMR) and B Goulet (AMR), S. Walton (McK) re: meeting takeaways 0.4 280.00$

Keith Williams 2/3/2012 Business Analysis Discuss key priorities with S. Goldstrom (McK) 0.3 210.00$ Joe Schottland 2/3/2012 Business Analysis Review final revenue model before passing over to AMR advisors 0.7 500.50$ Joe Schottland 2/3/2012 Business Analysis Discussion with J. Schottland (McK) on next steps and feedback from model review 0.5 357.50$ Joe Schottland 2/3/2012 Business Analysis Review first draft of revenue talking points from E Parsons (AA) 0.5 357.50$ David Ebenstein 2/3/2012 Business Analysis Discuss model and analyses with S. Walton (McK) and S. Goldstrom (McK) 0.3 165.00$ Abhi Bhatnagar 2/3/2012 Business Analysis Meeting with Tom and Kerry (AMR) to discuss deliverable 1.1 577.50$ Seth Walton 2/3/2012 Business Analysis Update revenue model and send to McK team for final review 0.9 450.00$ Seth Walton 2/3/2012 Business Analysis Discussed with N. Jayasundaram (McK) about possible updates to revenue model 0.6 300.00$ Seth Walton 2/3/2012 Business Analysis End of week meeting with K. Williams (McK) and C Irvin (AMR) (feedback on presentation, plan

for next week)0.4 200.00$

Seth Walton 2/3/2012 Business Analysis Review revenue model with Rothschild (M Choi) 0.4 200.00$ Seth Walton 2/3/2012 Business Analysis Discuss model and analyses with S. Goldstrom (McK) and D. Ebenstein (McK) 0.3 150.00$ Seth Walton 2/3/2012 Business Analysis Add confidentiality notes to revenue model and send to Rothschild 0.3 150.00$ Naveen Jayasundaram 2/3/2012 Business Analysis Prepare revenue model for posting to file share 1.9 617.50$

2 of 19




Name Date Task Code Description Time AmountNaveen Jayasundaram 2/3/2012 Business Analysis Meeting with AMR Leadership, financial and legal advisors on costs 1.5 487.50$ Naveen Jayasundaram 2/3/2012 Business Analysis Discussed with S. Walton (McK) about possible updates to revenue model 0.6 195.00$ William Kersh 2/3/2012 Business Analysis Update analysis for A/C utilization presentation via revised data 2.8 840.00$ William Kersh 2/3/2012 Business Analysis Revise A/C hours by A/C type calculation for presentation 2.4 720.00$ William Kersh 2/3/2012 Business Analysis Update to non-labor CASM presentation analysis for ad and promotion and sales and

distribution2.1 630.00$

Guenter Fuchs 2/3/2012 Business Analysis Aircraft utilization analysis 3.0 600.00$ Seth Goldstrom 2/5/2012 Business Analysis Call with C. Irvin (AMR) on external communications 0.1 89.50$ Seth Goldstrom 2/6/2012 Business Analysis Call with Paul Hastings, A. Dichter (McK), A. Proshan (McK) to discuss preparations for 1113

filings at the directions of counsel1.7 1,521.50$

Seth Goldstrom 2/6/2012 Business Analysis Weekly adviser call 0.5 447.50$ Seth Goldstrom 2/6/2012 Business Analysis Call with C. Irvin (AMR) and Rothschild on projecting outer years 0.2 179.00$ Seth Goldstrom 2/6/2012 Business Analysis Conversation with A. Proshan on preparations for 1113 filings at the directions of counsel 0.2 179.00$

Seth Goldstrom 2/6/2012 Business Analysis Conv with Rothschild on revenue projects 0.1 89.50$ Alex Dichter 2/6/2012 Business Analysis Call with Paul Hastings, S. Goldstrom (McK), A. Proshan (McK) to prepare for 1113 filings at the

directions of counsel1.7 1,615.00$

Keith Williams 2/6/2012 Business Analysis Check in conversation with C Irvin (AMR) on weekly meetings and deliverables 0.9 630.00$ Joe Schottland 2/6/2012 Business Analysis Rewrite talking points for presentation and additional analysis on business model 4.5 3,217.50$ Joe Schottland 2/6/2012 Business Analysis Conference call with C. Irvin (AMR) and S. Walton (McK) regarding Talking points 1.0 715.00$ Joe Schottland 2/6/2012 Business Analysis Review Revenue Talking Points (with S. Walton (McK)) 0.5 357.50$ Joe Schottland 2/6/2012 Business Analysis Review Corp Comm's revisions to talking points 0.5 357.50$ Joe Schottland 2/6/2012 Business Analysis Outline revised format for Revenue talking points 0.5 357.50$ Joe Schottland 2/6/2012 Business Analysis Follow up call with C Irvin (AMR) and Walton (McK) on additional revisions to revenue talking

points0.3 214.50$

Alison Proshan 2/6/2012 Business Analysis Conference with S. Flicker (Paul Hastings), S. Goldstrom (McK), A.Dichter re: prepare for 1113 filings at the directions of counsel

1.7 935.00$

Alison Proshan 2/6/2012 Business Analysis Conversation with S. Goldstrom on preparations for 1113 filings at the directions of counsel 0.2 110.00$

Abhi Bhatnagar 2/6/2012 Business Analysis Work on Tom and Kerry's request for details on workplan and deliverables 3.0 1,575.00$ Seth Walton 2/6/2012 Business Analysis Assist Schottland (McK) with rewrite of revenue talking points (focus on regional flying / gauge) 2.1 1,050.00$

Seth Walton 2/6/2012 Business Analysis Call with Schottland (McK) and C Irvin (AMR) to discuss revenue talking points 1.0 500.00$ Seth Walton 2/6/2012 Business Analysis Review updated revenue model (testing flat fuel curve) with N Jayasundaram (McK) 0.8 400.00$ Seth Walton 2/6/2012 Business Analysis Review revenue talking points with Joe Schottland (McK) 0.5 250.00$ Seth Walton 2/6/2012 Business Analysis Review AMR Communications revisions to revenue talking points with Schottland (McK) 0.5 250.00$

Seth Walton 2/6/2012 Business Analysis Discussion with Matt Chou (Rothschild) on implications and approach to revenue model updates

0.5 250.00$

Seth Walton 2/6/2012 Business Analysis Discussed possible change to existing 2012-2017 estimates with N. Jayasundaram (McK) 0.4 200.00$

Seth Walton 2/6/2012 Business Analysis Follow up call with C Irvin (AMR) and Schottland (McK) on additional revisions to revenue talking points

0.3 150.00$

Naveen Jayasundaram 2/6/2012 Business Analysis Review RPM (traffic) forecast (GDP forecasts and multipliers) 1.8 585.00$ Naveen Jayasundaram 2/6/2012 Business Analysis Adjusted traffic forecasts by changing variables over longer period of time 1.2 390.00$ Naveen Jayasundaram 2/6/2012 Business Analysis Investigated changes to be made and network plan import revenue model 1.1 357.50$ Naveen Jayasundaram 2/6/2012 Business Analysis Imported traffic forecast into revenue model 1.1 357.50$ Naveen Jayasundaram 2/6/2012 Business Analysis Discussed work items for the week with S Walton (McK) 0.8 260.00$ Naveen Jayasundaram 2/6/2012 Business Analysis Discussed possible change to existing 2012-2017 estimates with S Walton (McK), listed checks

to made0.4 130.00$

Seth Goldstrom 2/7/2012 Business Analysis Meeting (Dorton (McK), Schottland (McK), Walton (McK), E. Van Metre (McK), Williams (McK)) next steps for driving performance improvement

0.8 716.00$

Seth Goldstrom 2/7/2012 Business Analysis Meeting with E. VanMetre (McK) and B. Goulet (AMR) to talk about status 0.5 447.50$ Seth Goldstrom 2/7/2012 Business Analysis Conversation with S. Walton (McK) on Revenue explanation 0.2 179.00$ Evan Van Metre 2/7/2012 Business Analysis Cost levers (Dorton (McK)) 1.2 1,074.00$ Evan Van Metre 2/7/2012 Business Analysis Meeting (Dorton (McK), Schottland (McK), Walton (McK), Goldstrom (McK), Williams (McK))

next steps for driving performance improvement0.8 716.00$

Evan Van Metre 2/7/2012 Business Analysis Meeting with C. Irvin (AMR) on Advisor questions 0.8 716.00$ Evan Van Metre 2/7/2012 Business Analysis Meeting with B Goulet (AMR) and S. Goldstrom (McK) on expectations for process 0.5 447.50$ Evan Van Metre 2/7/2012 Business Analysis Meeting with C. Schubert (AMR) on Turn Time Analysis 0.5 447.50$ Evan Van Metre 2/7/2012 Business Analysis Meeting with C. Irvin (AMR) on Cost levers 0.5 447.50$ Keith Williams 2/7/2012 Business Analysis Meeting (E. Van Metre (McK), Schottland (McK), Walton (McK), Goldstrom (McK), D.

Dorton(McK)) next steps for driving performance improvement0.8 560.00$

Keith Williams 2/7/2012 Business Analysis Provide feedback and comments on analysis prepared by company 0.6 420.00$ Keith Williams 2/7/2012 Business Analysis Review impact of capital analysis on revenue and business plan model 0.3 210.00$ Joe Schottland 2/7/2012 Business Analysis Develop initial draft of revenue talking points 2.5 1,787.50$ Joe Schottland 2/7/2012 Business Analysis McK client feedback session with Seth Walton (McK) on efforts to date 1.5 1,072.50$ Joe Schottland 2/7/2012 Business Analysis Developed game plan for work product for team 1.0 715.00$ Joe Schottland 2/7/2012 Business Analysis Meeting (E. Van Metre (McK), Williams (McK), Walton (McK), Goldstrom (McK), D.

Dorton(McK)) next steps for driving performance improvement0.8 572.00$

Joe Schottland 2/7/2012 Business Analysis Meeting with C Irvin (AMR) to discuss talking points 0.8 572.00$ Joe Schottland 2/7/2012 Business Analysis Review revenue talking points with C. Irvin (AMR) 0.7 500.50$ Joe Schottland 2/7/2012 Business Analysis Update revenue initiatives talking points 0.7 500.50$

3 of 19




Name Date Task Code Description Time AmountJoe Schottland 2/7/2012 Business Analysis Reviewed data on JBAs and other components of revenue talking points 0.5 357.50$ Joe Schottland 2/7/2012 Business Analysis Review revisions to revenue talking points from AA lawyers and C Degroot (AA) 0.5 357.50$ Joe Schottland 2/7/2012 Business Analysis Revise revenue talking points based on feedback with S. Walton (McK) 0.2 143.00$ David Dorton 2/7/2012 Business Analysis Cost levers (E. Van Metre (McK)) 1.2 780.00$ David Dorton 2/7/2012 Business Analysis Meeting (E. Van Metre (McK), Schottland (McK), Walton (McK), Goldstrom (McK), Williams

(McK)) next steps for driving performance improvement0.8 520.00$

David Ebenstein 2/7/2012 Business Analysis Meeting (E. Van Metre (McK), Schottland (McK), Walton (McK), Goldstrom (McK), Williams (McK), D. Dorton (McK)) next steps for driving performance improvement

0.8 440.00$

Seth Walton 2/7/2012 Business Analysis Review SPD tab of revenue model 2.3 1,150.00$ Seth Walton 2/7/2012 Business Analysis Feedback session with Schottland (McK) on efforts to date 1.5 750.00$ Seth Walton 2/7/2012 Business Analysis Meeting (E. Van Metre (McK), Schottland (McK), Walton (McK), Goldstrom (McK), Williams

(McK), D. Dorton (McK)) next steps for driving performance improvement0.8 400.00$

Seth Walton 2/7/2012 Business Analysis Meeting with C Irvin (AMR) to discuss talking points 0.8 400.00$ Seth Walton 2/7/2012 Business Analysis Review updated revenue model (SPD tab) with N Jayasundaram (McK) 0.6 300.00$ Seth Walton 2/7/2012 Business Analysis Prep for Internal McK client team update meeting 0.6 300.00$ Seth Walton 2/7/2012 Business Analysis Conversation with S. Goldstrom (McK) on Revenue explanation 0.2 100.00$ Seth Walton 2/7/2012 Business Analysis Review next revision of revenue talkng points with Schottland (McK) 0.2 100.00$ Naveen Jayasundaram 2/7/2012 Business Analysis Created sheet to project market share changes by cell using supply-demand balance 2.1 682.50$ Naveen Jayasundaram 2/7/2012 Business Analysis Incorporated yield growth assumption to create PRASM growth table due to market 1.9 617.50$ Naveen Jayasundaram 2/7/2012 Business Analysis Created RPM growth sheet including multipliers and GDP forecasts to bring in to revenue

model1.8 585.00$

Naveen Jayasundaram 2/7/2012 Business Analysis Verified values against current model, imported traffic growth sheet into main model 1.7 552.50$

Naveen Jayasundaram 2/7/2012 Business Analysis Created industry capacity sheet, connected to demand growth 1.4 455.00$ Naveen Jayasundaram 2/7/2012 Business Analysis Reviewed ASM growth distributed on AMR's Ods to understand structure of analysis 1.4 455.00$ Naveen Jayasundaram 2/7/2012 Business Analysis Created section summary sheets and reorganized revenue model 1.2 390.00$ Naveen Jayasundaram 2/7/2012 Business Analysis Discussed starting points and final output for revenue model for Friday meeting with S Walton

(McK)0.6 195.00$

Seth Goldstrom 2/8/2012 Business Analysis Call with E. Van Metre (McK) on team priorities 0.8 716.00$ Seth Goldstrom 2/8/2012 Business Analysis Call with J. Schottland (McK) on team schedule through weekend 0.3 268.50$ Evan Van Metre 2/8/2012 Business Analysis Call with S. Goldstrom (McK) on team priorities 0.8 716.00$ Evan Van Metre 2/8/2012 Business Analysis Meeting with D. Casey (AMR) on deliverables 0.5 447.50$ Joe Schottland 2/8/2012 Business Analysis Benchmark problem solving with Aditya (McK) 2.5 1,787.50$ Joe Schottland 2/8/2012 Business Analysis Meeting with D Casey (AMR), C Irvin (AMR), S Walton (McK) to discuss intial dd list approach 1.5 1,072.50$

Joe Schottland 2/8/2012 Business Analysis Meet with P Quayle (AA) to discuss codeshare and JBA questions from Due Diligence 1.2 858.00$ Joe Schottland 2/8/2012 Business Analysis Discuss "Other Revenue" options with C Irvin (AA) and S Walton (McK) 1.1 786.50$ Joe Schottland 2/8/2012 Business Analysis Outline initial plan for due diligence with S Walton (McK) 0.8 572.00$ Joe Schottland 2/8/2012 Business Analysis Discuss RM due diligence with E. Parson (AMR) and S. Walton (McK) 0.5 357.50$ Joe Schottland 2/8/2012 Business Analysis Review S. Youngman (Weil) revenue talking points 0.5 357.50$ Joe Schottland 2/8/2012 Business Analysis Meeting with C Irvin (AMR), G Schwendinger (AMR) to discuss due dligence questions 0.5 357.50$

Joe Schottland 2/8/2012 Business Analysis Review due diligence packages from E Parsons (AMR) 0.5 357.50$ Joe Schottland 2/8/2012 Business Analysis Review approach to revenue forecast from N Jayasundaram (mck) 0.5 357.50$ Joe Schottland 2/8/2012 Business Analysis Call with S. Goldstrom (McK) on team schedule through weekend 0.3 214.50$ David Dorton 2/8/2012 Business Analysis Worker's Comp working session to share ideas and case examples (Jeffryes - AA) 1.2 780.00$ Seth Walton 2/8/2012 Business Analysis Meeting with D Casey (AMR), C Irvin (AMR) and J Schottland (McK) to discuss approach to

answering revenue diligence questions1.5 750.00$

Seth Walton 2/8/2012 Business Analysis Discuss "Other Revenue" options with C Irvin (AA) and Schottland (McK) 1.1 550.00$ Seth Walton 2/8/2012 Business Analysis Additional diligence question problem solving with J Schottland (McK) 0.8 400.00$ Seth Walton 2/8/2012 Business Analysis Discuss revenue due diligence response with Elizabeth Parson (AMR) and Schottland (McK) 0.5 250.00$

Seth Walton 2/8/2012 Business Analysis Scan presentation from Elizabeth Parsons (AMR) on revenue response 0.5 250.00$ Aditya Bhatia 2/8/2012 Business Analysis Researched partner relationship (history and transatlantic revenue base) 2.8 1,162.00$ Aditya Bhatia 2/8/2012 Business Analysis Researched results of partner relationships and revenue synergies and contribution margin 2.7 1,120.50$

Aditya Bhatia 2/8/2012 Business Analysis Benchmark problem solving with J. Schottland (McK) 2.5 1,037.50$ Aditya Bhatia 2/8/2012 Business Analysis Researched partnership structure - Partnership structures 2.5 1,037.50$ Naveen Jayasundaram 2/8/2012 Business Analysis Converted allocation data from airport to city pairs 2.1 682.50$ Naveen Jayasundaram 2/8/2012 Business Analysis Recut traffic allocation in Microsoft Access for OD's that have QSI data 2.0 650.00$ Naveen Jayasundaram 2/8/2012 Business Analysis Used Microsoft Access to check allocation of legs to cells and Ods for revenue model 1.3 422.50$ Naveen Jayasundaram 2/8/2012 Business Analysis Allocated ASMs from network plan to legs for 2012 thru 2014 1.3 422.50$ Naveen Jayasundaram 2/8/2012 Business Analysis Allocated ASMs from network plan to legs for 2015 and beyond 1.3 422.50$ Naveen Jayasundaram 2/8/2012 Business Analysis Checked ASM trend by year to year from AMR-allocated ASMs vs. originals in network plan 1.1 357.50$

Naveen Jayasundaram 2/8/2012 Business Analysis Investigated ASM totals by year 1.0 325.00$ Seth Goldstrom 2/9/2012 Business Analysis Call with J. Schottland (McK) to discuss data request answers 0.2 179.00$ Seth Goldstrom 2/9/2012 Business Analysis Call with A. Proshan (McK) to discuss meeting with key analysts 0.2 179.00$ Seth Goldstrom 2/9/2012 Business Analysis Call with E. Van Metre (McK) to discuss cost analysis 0.2 179.00$ Seth Goldstrom 2/9/2012 Business Analysis Call with C. Irvin (AMR) to discuss AMR request 0.1 89.50$ Evan Van Metre 2/9/2012 Business Analysis Call with S. Goldstrom (McK) to discuss cost analysis 0.2 179.00$ Keith Williams 2/9/2012 Business Analysis At client request , review reports from analysts for discussion 0.6 420.00$ Joe Schottland 2/9/2012 Business Analysis Meet with J. Butler and C. Irvin (AMR) to discuss due diligence 1.3 929.50$

4 of 19




Name Date Task Code Description Time AmountJoe Schottland 2/9/2012 Business Analysis 1st draft of JBA pages from A Bhatia (McK) 1.0 715.00$ Joe Schottland 2/9/2012 Business Analysis Revise the JBA deck to account for captured cost benefits 1.0 715.00$ Joe Schottland 2/9/2012 Business Analysis Review revenue model 0.8 572.00$ Joe Schottland 2/9/2012 Business Analysis Review revenue benchmarks for JBAs and triangulate to compare to AA transaltantic 0.7 500.50$ Joe Schottland 2/9/2012 Business Analysis Review revenue initiatives talking points document from AA legal 0.5 357.50$ Joe Schottland 2/9/2012 Business Analysis Call with S. Goldstrom (McK) to discuss data request answers 0.2 143.00$ David Dorton 2/9/2012 Business Analysis Maintenance materials sourcing and inventory management review (Kunze - AA) 0.9 585.00$ Alison Proshan 2/9/2012 Business Analysis Conference and correspondence with S. Goldstrom (McK) re: external interviews 0.2 110.00$ Seth Walton 2/9/2012 Business Analysis Review and discuss latest revenue model with N Jayasundaram (McK) 1.1 550.00$ Seth Walton 2/9/2012 Business Analysis Review draft of JBA presentation from A Bhatia (McK) 0.8 400.00$ Seth Walton 2/9/2012 Business Analysis Review "Other revenue" diligence response from Moosman (AMR) 0.8 400.00$ Aditya Bhatia 2/9/2012 Business Analysis Created first draft of JBA support deck 2.9 1,203.50$ Aditya Bhatia 2/9/2012 Business Analysis Researched OA partnership results (contribution margin and JV revenue base) 2.8 1,162.00$ Aditya Bhatia 2/9/2012 Business Analysis Researched early scope and results of OA relationship 2.8 1,162.00$ Aditya Bhatia 2/9/2012 Business Analysis Researched later-stage results of OA partnership (revenue generation, synergies) 2.7 1,120.50$ Naveen Jayasundaram 2/9/2012 Business Analysis Investigated negative SPD revenue impact 1.7 552.50$ Naveen Jayasundaram 2/9/2012 Business Analysis Finalized revenue model refinement, noted %age shifts in 2012 thru 2017 numbers and discuss

with S. Walton1.4 455.00$

Naveen Jayasundaram 2/9/2012 Business Analysis Checked ASM trend by year to year from AMR-allocated ASMs vs. originals in network plan 1.1 357.50$

Naveen Jayasundaram 2/9/2012 Business Analysis Compared revenue impact from SPD shift to prior model numbers 0.8 260.00$ Guenter Fuchs 2/9/2012 Business Analysis Prepare schedule analysis 1 1.0 200.00$ Seth Goldstrom 2/10/2012 Business Analysis Reviewing emails 0.2 179.00$ Seth Goldstrom 2/10/2012 Business Analysis Call with Weil, S. Flicker, C. Irvin (AMR), and A. Proshan (McK) on external interviews 0.1 89.50$ Joe Schottland 2/10/2012 Business Analysis Review JBA backup presentation with S. Walton (McK) 0.6 429.00$ Joe Schottland 2/10/2012 Business Analysis Discusssion with N Jayasundaram (McK) on sources and examples for industry traffic demand

answers0.4 286.00$

Alison Proshan 2/10/2012 Business Analysis Conference with Paul Hastings, C. Irvin (AMR), S. Goldstrom (McK) re: external interviews 0.1 55.00$

Seth Walton 2/10/2012 Business Analysis Draft response to Shawn Morris (AMR) on capacity growth assumptions from revenue model 1.0 500.00$

Seth Walton 2/10/2012 Business Analysis Review gauge analysis diligence response with Schottland (McK), Ebenstein (McK), Parsons (AMR), Ela (AMR), Overbeek (AMR), Irvin (AMR)

0.6 300.00$

Seth Walton 2/10/2012 Business Analysis Review JBA backup presentation with Joe Schottland (McK) 0.6 300.00$ Seth Walton 2/10/2012 Business Analysis Discussion with R. Solomon (AMR) on forecasting PRASM by hub city 0.6 300.00$ Aditya Bhatia 2/10/2012 Business Analysis Researched partnership (scope, revenue base, synergies, contribution margin) between Oas 3.0 1,245.00$

Aditya Bhatia 2/10/2012 Business Analysis Researched partnership (scope, revenue base) between AF and Alitalia 2.9 1,203.50$ Aditya Bhatia 2/10/2012 Business Analysis Updated JBA support deck 2.8 1,162.00$ Aditya Bhatia 2/10/2012 Business Analysis Researched individual synergy benefits for AF vs. Alitalia relative to respective revenue base 2.8 1,162.00$

Naveen Jayasundaram 2/10/2012 Business Analysis Prepared country-by-country raw GDP growth estimates from industry demand analysis for S Morris (AMR)

1.3 422.50$

Naveen Jayasundaram 2/10/2012 Business Analysis Reconstructed product impact analysis to focus on Transcon 1.2 390.00$ Naveen Jayasundaram 2/10/2012 Business Analysis Created network plan growth breakout table by geographies and markets for diligence request 1.2 390.00$

Naveen Jayasundaram 2/10/2012 Business Analysis Discusssion with J Schottland (McK) on sources and examples for industry traffic demand answers

0.4 130.00$

Guenter Fuchs 2/10/2012 Business Analysis Research and analysis on code-share agreements 3.0 600.00$ Guenter Fuchs 2/10/2012 Business Analysis Schedule analysis 2 1.0 200.00$ Seth Goldstrom 2/11/2012 Business Analysis Review draft Q&A document 0.3 268.50$ Seth Goldstrom 2/11/2012 Business Analysis Call with Seth Walton (McK) to discuss Q&A for advisers 0.1 89.50$ David Ebenstein 2/11/2012 Business Analysis Work with S. Walton (McK) to assemble examples of public statements on codeshare impact 0.6 330.00$

David Ebenstein 2/11/2012 Business Analysis Discuss outstanding items / plan for diligence response with S. Walton (McK) 0.5 275.00$ Seth Walton 2/11/2012 Business Analysis Edit Excel file summarizing AMR network growth plan in anticipation of sharing with creditor

advisors1.9 950.00$

Seth Walton 2/11/2012 Business Analysis Edit Excel file summarizing source data from industry capacity analysis in anticipation of sharing with creditor advisors

0.9 450.00$

Seth Walton 2/11/2012 Business Analysis Work with D Ebenstein (McK) to assemble examples of public statements on codeshare impact 0.6 300.00$

Seth Walton 2/11/2012 Business Analysis Discuss and update revenue input variables with D Ebenstein (McK) 0.5 250.00$ Seth Walton 2/11/2012 Business Analysis Review transcon product case study analysis from N. Jayasundaram (McK) 0.2 100.00$ Seth Walton 2/11/2012 Business Analysis Call with S. Goldstrom (McK) to discuss Q&A for advisers 0.1 50.00$ Naveen Jayasundaram 2/11/2012 Business Analysis Analysed variation in historically calculated mulitpliers by region 1.9 617.50$ Naveen Jayasundaram 2/11/2012 Business Analysis Drafted description of methodology for multiplier calculation 0.7 227.50$ Seth Goldstrom 2/12/2012 Business Analysis Review Q&A draft document 0.3 268.50$ Seth Goldstrom 2/12/2012 Business Analysis Call with D. Ebenstein (McK) regarding plan for next week & discuss preparations for 1113


Seth Goldstrom 2/12/2012 Business Analysis Discuss next steps with S. Walton (McK) re: Q&A doc 0.1 89.50$ Joe Schottland 2/12/2012 Business Analysis Review of draft preparations for 1113 filings at the directions of counsel 1.1 786.50$ David Ebenstein 2/12/2012 Business Analysis Call with McK (Walton, Naveen) regarding revenue model rules of thumb 0.2 110.00$

5 of 19




Name Date Task Code Description Time AmountDavid Ebenstein 2/12/2012 Business Analysis Call with S. Goldstrom (McK) regarding plan for next week & discuss preparations for 1113


Seth Walton 2/12/2012 Business Analysis Compare and clarify stage length and density adjustments from revenue and cost models with C Irvin (AMR) and R Solomon (AMR)

2.1 1,050.00$

Seth Walton 2/12/2012 Business Analysis Discuss next steps with S. Goldstrom (McK) re: Q&A doc 0.1 50.00$ Keith Williams 2/13/2012 Business Analysis Meeting with C Irvin (AMR) and AMR Financial planning team on Working capital forecasting 0.9 630.00$

Joe Schottland 2/13/2012 Business Analysis Read OA declarations in preparation for 1113 filings at the direction of counsel 1.5 1,072.50$ Joe Schottland 2/13/2012 Business Analysis Meeting with S. Walton (McK), J Butler (AMR) and C Irvin (AMR) to discuss approach to

codeshare and JBA due diligence 1.2 858.00$

Joe Schottland 2/13/2012 Business Analysis Reviewed first draft of A Bhatia (McK) JBA final deck 1.1 786.50$ Joe Schottland 2/13/2012 Business Analysis Meeting with B. Norman (AMR) to discuss JBA due diligence materials 1.1 786.50$ Joe Schottland 2/13/2012 Business Analysis Conf call with A Bhatia (MCK) and S. Walton (McK) discussing updated JBA back up deck 1.0 715.00$

Joe Schottland 2/13/2012 Business Analysis Follow up conversation with B. Norman (AMR) on other benchmarks for JB values 0.5 357.50$ Joe Schottland 2/13/2012 Business Analysis Meeting with C. Irvin (AMR) to discuss outyears and ancilliary initiatitives 0.5 357.50$ Joe Schottland 2/13/2012 Business Analysis Discussion with S Walton (McK) and N. Jayasundaram (McK) on cleaning up and presenting

Wright Amendment analysis0.5 357.50$

David Ebenstein 2/13/2012 Business Analysis Review and annotate draft preparations for 1113 filings at the directions of counsel 1.7 935.00$ David Ebenstein 2/13/2012 Business Analysis Draft preparations for 1113 filings at the directions of counsel, including supporting

charts/analyses1.7 935.00$

David Ebenstein 2/13/2012 Business Analysis Draft revised outline for preparations for 1113 filings at the directions of counsel 0.7 385.00$ David Ebenstein 2/13/2012 Business Analysis Review B. Goulet 1113 filings at the directions of counsel 0.6 330.00$ David Ebenstein 2/13/2012 Business Analysis Review David Resnick 1113 filings at the direction of counsel 0.5 275.00$ Seth Walton 2/13/2012 Business Analysis Meeting with J Butler and C Irvin (AMR) and J Schottland (McK) to discuss approach to

codeshare and JBA due diligence 1.2 600.00$

Seth Walton 2/13/2012 Business Analysis Clarify revenue model assumptions for S Morris and S Long (AMR) (including email exchange and ad hoc analysis)

1.2 600.00$

Seth Walton 2/13/2012 Business Analysis Call with AD Bhatia and J Schottland (McK) on JBA response presentation 1.0 500.00$ Seth Walton 2/13/2012 Business Analysis Review OA declarations in preparation for 1113 filings at the direction of counsel 0.9 450.00$ Seth Walton 2/13/2012 Business Analysis Clarify demand growth sources and product impact analysis with N Jayasundaram (McK) 0.8 400.00$

Seth Walton 2/13/2012 Business Analysis Review and update format of Wright Ammendment "bottom up" 0.7 350.00$ Seth Walton 2/13/2012 Business Analysis Discussion with Paul Hastings attorneys (Pollack, Allen) and D Ebenstien (AMR) on preparations

for 1113 filings at the directions of counsel0.6 300.00$

Seth Walton 2/13/2012 Business Analysis Discussion with N. Jayasundaram (McK) and J Schottland (McK) on cleaning up and presenting Wright Amendment analysis

0.5 250.00$

Aditya Bhatia 2/13/2012 Business Analysis Redrafted JBA deck based on feedback from AMR 2.9 1,203.50$ Aditya Bhatia 2/13/2012 Business Analysis Researched partnership (scope, revenue base, synergies, contribution margin) between BA and

Iberia2.8 1,162.00$

Aditya Bhatia 2/13/2012 Business Analysis Calculated metrics for partnerships - revenue synergies as a % of total combined revenue base 2.7 1,120.50$

Aditya Bhatia 2/13/2012 Business Analysis Calculated metrics for partnerships - revenue synergies as a % of relevant revenue base 2.3 954.50$

Aditya Bhatia 2/13/2012 Business Analysis Conf call with J. Schottland (MCK) and S. Walton (McK) discussing updated JBA back up deck 1.0 415.00$

Naveen Jayasundaram 2/13/2012 Business Analysis Reformatted Wright Amendment analysis 1.2 390.00$ Naveen Jayasundaram 2/13/2012 Business Analysis Created map of countries to geographies to send to S Morris (AMR) 0.8 260.00$ Naveen Jayasundaram 2/13/2012 Business Analysis Clarify demand growth sources and product impact analysis with S Walton (McK) 0.8 260.00$ Naveen Jayasundaram 2/13/2012 Business Analysis Email exchange with J Fisher (McK) on sources and approach for Wright Amemdment analysis 0.6 195.00$

Naveen Jayasundaram 2/13/2012 Business Analysis Discussion with S Walton (McK) and J Schottland (McK) on presenting Wright Amendment analysis

0.5 162.50$

Naveen Jayasundaram 2/13/2012 Business Analysis Reviewed Wright Amendment bottoms-up approach starting with Houston departure information

0.4 130.00$

Naveen Jayasundaram 2/13/2012 Business Analysis Reviewed sources for City GDP forecasts, drafted email to capture for diligence requests 0.4 130.00$

John Fisher 2/13/2012 Business Analysis Wright Amendment impact analysis 0.8 200.00$ John Fisher 2/13/2012 Business Analysis industry capacity model analysis 0.2 50.00$ Alex Dichter 2/14/2012 Business Analysis Teleconference with D Ebenstein (McK) and S. Walton (McK) on preparations for 1113 filings at

the direction of counsel0.9 855.00$

Keith Williams 2/14/2012 Business Analysis Discuss presentation for 2/15 meeting with C Irvin (AMR) 1.3 910.00$ Joe Schottland 2/14/2012 Business Analysis Provide comments on draft preparations for 1113 filings at the directions of counsel 1.5 1,072.50$ Joe Schottland 2/14/2012 Business Analysis Discuss JBA analysis with C. Irvin (AMR) to request further inputs 1.0 715.00$ Joe Schottland 2/14/2012 Business Analysis Meeting with E. Villasenor (AMR) and S. Walton (Mck) on future initiatives 0.7 500.50$ David Ebenstein 2/14/2012 Business Analysis Call with A. Dichter (McK) and S. Walton (McK) team re: preparations for 1113 filings at the

directions of counsel0.9 495.00$

Seth Walton 2/14/2012 Business Analysis Work with C Irvin (AMR) to update JBA "backup" presentation 0.9 450.00$ Seth Walton 2/14/2012 Business Analysis Teleconference with D Ebenstein (McK) and Alex Dichter (McK) on preparations for 1113 filings

at the directions of counsel0.9 450.00$

Seth Walton 2/14/2012 Business Analysis Meet with J. Schottland (McK) and E Villasenor (AMR) on future initiatives 0.7 350.00$ Seth Walton 2/14/2012 Business Analysis Coordinate posting of backup files onto Intralinks with Rothschild team 0.5 250.00$

6 of 19




Name Date Task Code Description Time AmountAditya Bhatia 2/14/2012 Business Analysis Researched partnership (scope, revenue base, synergies, contribution margin) between OA 3.0 1,245.00$

Aditya Bhatia 2/14/2012 Business Analysis Researched next step in OA partnership with AA 2.8 1,162.00$ Aditya Bhatia 2/14/2012 Business Analysis Researched partnership (scope, revenue base, synergies, contribution margin) between OA 1.8 747.00$

Aditya Bhatia 2/14/2012 Business Analysis Used public financial statements to calculate OA transpacific revenue base 1.7 705.50$ Aditya Bhatia 2/14/2012 Business Analysis Continue research partnership analysis(scope, revenue base, synergies, contribution margin) 1.6 664.00$

Naveen Jayasundaram 2/14/2012 Business Analysis Double checked seat counts by aircraft against public data sources 2.0 650.00$ Naveen Jayasundaram 2/14/2012 Business Analysis Restructured product impact analysis to sanitize seat counts by aircraft 1.9 617.50$ Naveen Jayasundaram 2/14/2012 Business Analysis Finalized Wright amendment bottoms-up analysis, emailed to S Walton (McK) 1.8 585.00$ Naveen Jayasundaram 2/14/2012 Business Analysis Reformatted Wright amendment analysis, labelled steps based on previously shared approach

document1.7 552.50$

Naveen Jayasundaram 2/14/2012 Business Analysis Review analyst reports on AMR plan 1.5 487.50$ Keith Williams 2/15/2012 Business Analysis Research requested by AMR on disclosure statement preparation 1.4 980.00$ Joe Schottland 2/15/2012 Business Analysis Final review of JBA summary with C. Irvin (AMR) 1.2 858.00$ David Ebenstein 2/15/2012 Business Analysis Draft preparations for 1113 filings at the directions of counsel, including supporting

charts/analyses2.3 1,265.00$

Seth Walton 2/15/2012 Business Analysis Review JBA presentation with C. Irvin (AMR) and Joe Schottland (McK) 1.2 600.00$ Aditya Bhatia 2/15/2012 Business Analysis Evaluated prior partnership research conducted by AMR team 3.0 1,245.00$ Aditya Bhatia 2/15/2012 Business Analysis Continue research on partnership analysis (scope, revenue base, synergies, contribution

margin)2.9 1,203.50$

Aditya Bhatia 2/15/2012 Business Analysis Used public schedule data to calculate revenue base affected by partnerships (i.e. international revenue excluding specific destinations)

2.6 1,079.00$

Aditya Bhatia 2/15/2012 Business Analysis Finalized JBA summary pages 2.6 1,079.00$ Aditya Bhatia 2/15/2012 Business Analysis Used public schedule data to calculate revenue base affected by partnership (i.e. international

revenue excluding specific destinations)2.3 954.50$

Naveen Jayasundaram 2/15/2012 Business Analysis Restructured product impact analysis to sanitize seat counts by aircraft 1.9 617.50$ Naveen Jayasundaram 2/15/2012 Business Analysis Addressed network growth question based on AMR plan and past diligence answers 1.6 520.00$ Seth Goldstrom 2/16/2012 Business Analysis Call with Paul Hastings, D. Ebenstein (McK) to discuss preparations for 1113 filings at the


Seth Goldstrom 2/16/2012 Business Analysis Call with D. Ebenstein (McK) to discuss preparations for 1113 filings at the directions of counse 0.2 179.00$

Seth Goldstrom 2/16/2012 Business Analysis Call with S. Walton (McK) on next steps and priorities for this week 0.1 89.50$ Joe Schottland 2/16/2012 Business Analysis Reviewed and updated preparations for 1113 filings at the directions of counsel 1.5 1,072.50$ Joe Schottland 2/16/2012 Business Analysis Call with Paul Hastings attorneys and D Ebenstein (McK) / S Walton (McK) to discuss

preparations for 1113 filings at the directions of counsel0.5 357.50$

Joe Schottland 2/16/2012 Business Analysis Conf call with D Casey (AMR) to discuss approach to alternate codeshare analysis 0.3 214.50$ David Ebenstein 2/16/2012 Business Analysis Draft / revise preparations for 1113 filings at the directions of counsel 3.1 1,705.00$ David Ebenstein 2/16/2012 Business Analysis Call with Paul Hastings attorneys and S. Walton (McK) / J Schottland (McK) to discuss


David Ebenstein 2/16/2012 Business Analysis Conference call with Paul Hastings and S. Goldstrom (McK) on preparations for 1113 filings at the directions of counsel

0.3 165.00$

David Ebenstein 2/16/2012 Business Analysis Call with S. Goldstrom (McK) to discuss preparations for 1113 filings at the directions of counsel 0.2 110.00$

Seth Walton 2/16/2012 Business Analysis Final update to M&M responses prior to posting on Intralinks 0.5 250.00$ Seth Walton 2/16/2012 Business Analysis Call with Paul Hastings attorneys and D ebenstein (McK) / J Schottland (McK) to discuss


Naveen Jayasundaram 2/16/2012 Business Analysis Created breakdown of capacity growth by cornerstone and geography 1.7 552.50$ Naveen Jayasundaram 2/16/2012 Business Analysis Created table to summarize A/C fleet count by size ranges 1.7 552.50$ Naveen Jayasundaram 2/16/2012 Business Analysis Obtained aircraft seat counts from T Muckensturm (AMR) 1.1 357.50$ Seth Goldstrom 2/17/2012 Business Analysis Call with D. Ebenstein (McK), J Molion (McK), A. Proshan (McK) to review draft declaration in

preparation for 1113 filings at the direction of counsel0.9 805.50$

David Ebenstein 2/17/2012 Business Analysis Conference call with S. Goldstrom (Mck) and McKinsey attorneys (J. Molino, A. Proshan) re: preparations for 1113 filings at the directions of counsel

0.9 495.00$

Alison Proshan 2/17/2012 Business Analysis Call with S. Goldstrom (McK), J. Molino, D. Ebenstein (McK) re: preparations for 1113 filings at the directions of counsel

0.9 495.00$

Seth Walton 2/17/2012 Business Analysis Updated codeshare presentation based on feedback from C Irvin (AMR) 2.1 1,050.00$ Seth Walton 2/17/2012 Business Analysis Discuss codeshare backup analysis with C Irvin (AMR) 1.0 500.00$ Seth Walton 2/17/2012 Business Analysis Email exchange with A. Caple (AMR) on backup data for codeshare analysis 0.7 350.00$ Seth Walton 2/17/2012 Business Analysis Discussion with N. Jayasundaram (McK) on outstanding work items for next week 0.4 200.00$ Naveen Jayasundaram 2/17/2012 Business Analysis Create network growth pivot to address question on geographic breakout of fleet 1.9 617.50$ Naveen Jayasundaram 2/17/2012 Business Analysis Revised calculations in fleet age sheet and presentation 1.2 390.00$ Naveen Jayasundaram 2/17/2012 Business Analysis Discussion with S Walton (McK) on outstanding work items for next week 0.4 130.00$ Seth Walton 2/18/2012 Business Analysis Additional revisions to capacity / network analyses within codeshare presentation based on

feedback from C Irvin2.1 1,050.00$

David Ebenstein 2/19/2012 Business Analysis Call with S. Walton (McK) on analytical approach to "PRASM decline" analysis within codeshare "backup" presentation

0.5 275.00$

Seth Walton 2/19/2012 Business Analysis Call with D Ebenstein (McK) on analytical approach to "PRASM decline" analysis within codeshare "backup" presentation

0.5 250.00$

Seth Goldstrom 2/20/2012 Business Analysis Discuss preparations for 1113 filings at the directions of counsel with A. Dichter and D. ebenstein (McK)

0.7 626.50$

7 of 19




Name Date Task Code Description Time AmountSeth Goldstrom 2/20/2012 Business Analysis Discuss draft declaration with Paul Hastings and D. ebenstein (McK) at the direction of counsel 0.5 447.50$

Seth Goldstrom 2/20/2012 Business Analysis Review draft declaration at the direction of counsel 0.5 447.50$ Seth Goldstrom 2/20/2012 Business Analysis Weekly adviser call 0.2 179.00$ Evan Van Metre 2/20/2012 Business Analysis Review of preparations for 1113 filings at the directions of counsel 0.9 805.50$ Alex Dichter 2/20/2012 Business Analysis Discuss draft declaration with S. Goldstrom (McK) and D. Ebenstein (McK) at the direction of

counsel0.7 665.00$

Keith Williams 2/20/2012 Business Analysis Review prepared information on bankruptcy/restructuring process 0.9 630.00$ Keith Williams 2/20/2012 Business Analysis Weekly check in call with C Irvin (AMR) to discuss plan for the week, delivarbles and meetings 0.8 560.00$

David Ebenstein 2/20/2012 Business Analysis Draft preparations for 1113 filings at the directions of counsel 2.2 1,210.00$ David Ebenstein 2/20/2012 Business Analysis Revise preparations for 1113 filings at the directions of counsel 2.1 1,155.00$ David Ebenstein 2/20/2012 Business Analysis Review and comment on preparations for 1113 filings at the directions of counsel 1.5 825.00$ David Ebenstein 2/20/2012 Business Analysis Conference call with Alex Dichter to discuss preparations for 1113 filings at the directions of

counsel0.7 385.00$

David Ebenstein 2/20/2012 Business Analysis Conference call with Paul Hastings and S. Goldstrom (Mck) to discuss preparations for 1113 filings at the directions of counsel

0.5 275.00$

Alison Proshan 2/20/2012 Business Analysis Review preparations for 1113 filings at the directions of counsel 1.0 550.00$ Seth Walton 2/20/2012 Business Analysis Revise codeshare presentation based on feedback from C Irvin (AMR) 2.1 1,050.00$ Seth Walton 2/20/2012 Business Analysis Incorporate edits from P. Quayle (AMR) and C. Irvin (AMR) into codeshare presentation; send

to team1.5 750.00$

Seth Walton 2/20/2012 Business Analysis Draft response to D. Lee (Compass Lexecon) on questions regarding stage length approach and other ad hoc analyses

1.1 550.00$

Seth Walton 2/20/2012 Business Analysis Analyze AMR network plan to understand timing of new market growth; summarize and send to C Irvin (AMR)

1.0 500.00$

Seth Walton 2/20/2012 Business Analysis Call with C Irvin (AMR) on assumptions behind codeshare analysis 0.8 400.00$ Naveen Jayasundaram 2/20/2012 Business Analysis Integrated information from AMR to provide summary of regions new aircraft deployed 1.2 390.00$

Naveen Jayasundaram 2/20/2012 Business Analysis Emailed R Solomon (AMR) a fleet count summary and discussed approaches to address open diligence questions

1.1 357.50$

Naveen Jayasundaram 2/20/2012 Business Analysis Email exchange with D Ebenstein (McK) on open analysis and data items on 1113 filings at the directions of counsel

0.7 227.50$

Seth Goldstrom 2/21/2012 Business Analysis Review draft declaration at the direction of counsel 0.4 358.00$ Seth Goldstrom 2/21/2012 Business Analysis Reviewing case related emails 0.2 179.00$ Seth Goldstrom 2/21/2012 Business Analysis Discuss draft declaration with D. ebenstein (McK) at the direction of counsel 0.2 179.00$ Alex Dichter 2/21/2012 Business Analysis Call with D. Ebenstein (McK), S. Walton (McK) and Paul Hastings re: preparations for 1113 filings

at the directions of counsel0.5 475.00$

Alex Dichter 2/21/2012 Business Analysis Call with D. Ebenstein (McK) re: preparations for 1113 filings at the directions of counsel 0.4 380.00$

Keith Williams 2/21/2012 Business Analysis Conversation with C Irvin (AMR) on the weeks meetings/calls, bankruptcy process and other issues

1.4 980.00$

Joe Schottland 2/21/2012 Business Analysis Conf call with C. Irvin (AMR) on Regional/Gauge 0.8 572.00$ David Ebenstein 2/21/2012 Business Analysis Call with Alex Dichter (McK), S. Walton (McK) and Paul Hastings re: discuss preparations for

1113 filings at the directions of counsel0.5 275.00$

David Ebenstein 2/21/2012 Business Analysis Conference call with McK (S. Walton, Naveen J.) re: discuss preparations for 1113 filings at the directions of counsel

0.5 275.00$

David Ebenstein 2/21/2012 Business Analysis Call with Alex Dichter (McK) re: discuss preparations for 1113 filings at the directions of counsel 0.4 220.00$

David Ebenstein 2/21/2012 Business Analysis Discuss draft declaration with S. Goldstrom (McK) at the direction of counsel 0.2 110.00$ Seth Walton 2/21/2012 Business Analysis Finalize edits to regional and codeshare backup presentations and send to Rothschild for

posting1.1 550.00$

Seth Walton 2/21/2012 Business Analysis Separate calls to clarify updates to benchmarking presentation (N Safran (AMR), Will Kersh (McK))

1.0 500.00$

Seth Walton 2/21/2012 Business Analysis Design network coverage analyses (with and without codeshare) and review approach with N Jayasundaram (McK)

0.9 450.00$

Seth Walton 2/21/2012 Business Analysis Discussion on profitability of regional flying (Fisher (McK) and Schottland (McK), Irvin (AMR), Solomon (AMR))

0.8 400.00$

Seth Walton 2/21/2012 Business Analysis Consolidate and edit responses to questions from D. Lee (Compass Lexecon) 0.8 400.00$ Seth Walton 2/21/2012 Business Analysis Call with D. Ebenstein (McK), A. Dichter (McK) and Paul Hastings re: discuss preparations for

1113 filings at the directions of counsel0.5 250.00$

Seth Walton 2/21/2012 Business Analysis Consolidate set of presentations and materials for review 0.4 200.00$ Naveen Jayasundaram 2/21/2012 Business Analysis Created tables to isolate departures added through network growth and planned codeshares 1.9 617.50$

Naveen Jayasundaram 2/21/2012 Business Analysis Reviewed per aircraft savings in costs, aggregated to system level based on network growth 1.8 585.00$

Naveen Jayasundaram 2/21/2012 Business Analysis Requested projected system cost savings from R Solomon (McK), updated declaration at the direction of counsel

1.4 455.00$

Naveen Jayasundaram 2/21/2012 Business Analysis Discussion with R Solomon (McK) on cost savings due to aircraft upgrades 0.8 260.00$ William Kersh 2/21/2012 Business Analysis S. Walton (McK) call to clarify updates to benchmarking presentation 0.5 150.00$ Keith Williams 2/22/2012 Business Analysis Prepare document for C Irvin (AMR) on strategic bankruptcy issues and deliverables 1.7 1,190.00$ David Ebenstein 2/22/2012 Business Analysis Discussion with S Walton (McK) and N. Jayasundaram (McK) on fleet age analysis and other

open items on prepa0.6 330.00$

8 of 19




Name Date Task Code Description Time AmountSeth Walton 2/22/2012 Business Analysis Draft JBA / codeshare revenue response based on information provided by AMR alliance team 2.1 1,050.00$

Seth Walton 2/22/2012 Business Analysis Initial analysis of market share trends by cornerstone 1.1 550.00$ Seth Walton 2/22/2012 Business Analysis Meeting with J. Ogden (AMR) to obtain data on market share trends and discuss appropriate

analytical approach0.8 400.00$

Seth Walton 2/22/2012 Business Analysis Discussion with N. Jayasundaram (McK) and D Ebenstein (McK) on fleet age analysis and other open items on preparations for 1113 filings at the direction of counsel

0.6 300.00$

Seth Walton 2/22/2012 Business Analysis Draft restructuring process flow chart page for K. Williams (McK) 0.5 250.00$ Naveen Jayasundaram 2/22/2012 Business Analysis Updated fleet age analysis to calculate % of fleet over 20 years and looked at age by type of

aircraft2.1 682.50$

Naveen Jayasundaram 2/22/2012 Business Analysis Constructed average fleet age charts for AA vs peers 1.7 552.50$ Naveen Jayasundaram 2/22/2012 Business Analysis Discussion with S Walton (McK) and D Ebenstein (McK) on fleet age analysis and other open

items on preparations for 1113 filings at the direction of counsel0.6 195.00$

John Fisher 2/22/2012 Business Analysis Prepare code share analysis 2.6 650.00$ Joe Schottland 2/23/2012 Business Analysis Review of regional/gauge deck with comments 1.0 715.00$ Joe Schottland 2/23/2012 Business Analysis Internal McK CST prep call with D. Ebenstein (McK) and S. Walton (McK) 0.5 357.50$ David Ebenstein 2/23/2012 Business Analysis Call with McK (J. Schottland & S. Walton) re: planning for remaining restructuring work 0.5 275.00$

Seth Walton 2/23/2012 Business Analysis Update codeshare/network coverage analysis (working with N Jayasundaram (McK)) 1.0 500.00$ Seth Walton 2/23/2012 Business Analysis Email exchange and associated analysis with C Irvin (AMR) and various attorneys re. definition

of "domestic" in various diligence responses0.8 400.00$

Seth Walton 2/23/2012 Business Analysis Call with D. Lee et al from Compass Lexecon and S. Chandler from AMR on different stage length methodologies

0.7 350.00$

Seth Walton 2/23/2012 Business Analysis Incroprate feedback from Schottland (McK) on regional presentation 0.6 300.00$ Seth Walton 2/23/2012 Business Analysis Review updated "partner revenue" analysis from AMR alliance team (Villasenor) 0.6 300.00$ Seth Walton 2/23/2012 Business Analysis Review codeshare analysis from N Jayasundaram (McK) and suggest edits and updates 0.6 300.00$

Seth Walton 2/23/2012 Business Analysis Discussion with ebenstein (McK) and Schottland (McK) prior to internal McK call on work progress

0.5 250.00$

Naveen Jayasundaram 2/23/2012 Business Analysis Created tables to calculate departures per day with and without codeshare for major US carriers

2.2 715.00$

Naveen Jayasundaram 2/23/2012 Business Analysis Created network comparison based on highest markets by total departures 1.8 585.00$ Naveen Jayasundaram 2/23/2012 Business Analysis Revised OA codeshare analysis based on planned city departures vs. current 1.7 552.50$ Naveen Jayasundaram 2/23/2012 Business Analysis Sanity checked numbers against public data, sent results to S Walton (McK) 1.2 390.00$ Naveen Jayasundaram 2/23/2012 Business Analysis Discussion with J Fisher (McK) on data sources and fields required for codeshare analysis 0.5 162.50$

John Fisher 2/23/2012 Business Analysis code share analysis 1.3 325.00$ John Fisher 2/23/2012 Business Analysis Discussion with N. Jayasundaram (McK) on data sources and fields required for codeshare

analysis0.5 125.00$

Joe Schottland 2/24/2012 Business Analysis Conf call with C. Irvin (AMR) and S. Walton (McK) on regional presentation 1.5 1,072.50$ Joe Schottland 2/24/2012 Business Analysis Review of "point on map" analysis with comments revert to Walton 1.0 715.00$ Joe Schottland 2/24/2012 Business Analysis Internal McK CST call with full McK AMR leadership team 0.8 572.00$ Joe Schottland 2/24/2012 Business Analysis Read latest analyst reports on AMR 0.7 500.50$ Joe Schottland 2/24/2012 Business Analysis Call with C. Shubert (AMR) regarding regional network strategy 0.5 357.50$ David Ebenstein 2/24/2012 Business Analysis Call with full McK team re: next steps for restructuring work 0.8 440.00$ David Ebenstein 2/24/2012 Business Analysis Discussion with S Walton (McK) and N. Jayasundaram (McK) on next steps in codeshare analysis 0.6 330.00$

David Ebenstein 2/24/2012 Business Analysis Discussion with D Ebenstein (McK) on open items and preparations for 1113 filings at the directions of counsel

0.4 220.00$

Seth Walton 2/24/2012 Business Analysis Conf call with C. Irvin (AMR) and Joe Schottland (McK) on regional presentation 1.5 750.00$ Seth Walton 2/24/2012 Business Analysis Draft stage length growth 1-page explanation and send to C Irvin and AMR team 1.4 700.00$ Seth Walton 2/24/2012 Business Analysis Revise prevously incorrect network plan summary document on Intralinks 1.2 600.00$ Seth Walton 2/24/2012 Business Analysis Update partner revenue analysis based on feedback from E Villasenor and C Irvin (AMR) 1.0 500.00$

Seth Walton 2/24/2012 Business Analysis Internal McK CST call with full McK AMR leadership team 0.8 400.00$ Seth Walton 2/24/2012 Business Analysis Incorporate feedback from Joe Schottland (McK) for network coverage analysis 0.8 400.00$ Seth Walton 2/24/2012 Business Analysis Call to discuss latest codeshare network analyses with N Jayasundaram (McK), D. Ebenstein

(McK) and C Irvin (AMR)0.6 300.00$

Seth Walton 2/24/2012 Business Analysis Additional updates to network coverage analysis; send to C Irvin (AMR) 0.6 300.00$ Seth Walton 2/24/2012 Business Analysis Discussion with Matt Chou (Rothschild) on how to approach replacement of incorrect

document with correct document0.5 250.00$

Naveen Jayasundaram 2/24/2012 Business Analysis Created revised version of codeshare analysis to separate mainline vs regional split 2.1 682.50$ Naveen Jayasundaram 2/24/2012 Business Analysis Used cost benchmarking sheet and company annual reports to isolate AA cost disadvantage 2.1 682.50$

Naveen Jayasundaram 2/24/2012 Business Analysis Discussion with C Irvin (AMR) on network comparison analysis 2.1 682.50$ Naveen Jayasundaram 2/24/2012 Business Analysis Identified top 250 markets by region for alternate look at comparative airline networks 1.7 552.50$

Naveen Jayasundaram 2/24/2012 Business Analysis Created updated analysis to show groupings by Domestic vs Rest of world city pairs 1.4 455.00$ Naveen Jayasundaram 2/24/2012 Business Analysis Reviewed preparations for 1113 filings at the directions of counsel to identify open items and

review key inputs0.8 260.00$

Naveen Jayasundaram 2/24/2012 Business Analysis Discussion with S Walton (McK) and D Ebenstein (McK) on next steps in codeshare analysis 0.6 195.00$

9 of 19




Name Date Task Code Description Time AmountNaveen Jayasundaram 2/24/2012 Business Analysis Discussion with D Ebenstein (McK) on open items and preparations for 1113 filings at the


John Fisher 2/24/2012 Business Analysis Additional preparation for code share analysis 2.4 600.00$ Seth Goldstrom 2/27/2012 Business Analysis Weekly adviser call 0.1 89.50$ Joe Schottland 2/27/2012 Business Analysis Review preparations for 1113 filings at the directions of counsel 3.2 2,288.00$ Joe Schottland 2/27/2012 Business Analysis Conf call with D. Ebenstein (McK) to discuss preparations for 1113 filings at the directions of

counsel1.0 715.00$

David Ebenstein 2/27/2012 Business Analysis Edit preparations for 1113 filings at the directions of counsel, incorporate AMR and Paul Hastings comments

1.5 825.00$

David Ebenstein 2/27/2012 Business Analysis Conf call with J. Schottland (McK) to discuss preparations for 1113 filings at the directions of counsel

1.0 550.00$

Seth Walton 2/27/2012 Business Analysis Additional ASM cap analysis based on new data from AMR 2.1 1,050.00$ Seth Walton 2/27/2012 Business Analysis Initial data analysis related to value of ASM cap 1.9 950.00$ Seth Walton 2/27/2012 Business Analysis Update codeshare comparson analysis and send to N Jayasundaram (McK) 1.3 650.00$ Seth Walton 2/27/2012 Business Analysis Review of "markets served" analysis from N Jayasundaram (McK) 0.8 400.00$ Seth Walton 2/27/2012 Business Analysis Discussion of market coverage analysis with Jim Ogden and Mike D from (AMR) and N

Jayasundaram (McK)0.6 300.00$

Seth Walton 2/27/2012 Business Analysis Meeting with C Irvin, P Quayle, R Solomon, and others from AMR to discuss valuation of regional ASM cap

0.5 250.00$

Naveen Jayasundaram 2/27/2012 Business Analysis Created list of cities served for AA using Pivot tables 1.6 520.00$ Naveen Jayasundaram 2/27/2012 Business Analysis Reviewed data and set up filters to survey cities served by other carriers 1.2 390.00$ Naveen Jayasundaram 2/27/2012 Business Analysis Applied custom formating to city list for presentation 1.2 390.00$ Naveen Jayasundaram 2/27/2012 Business Analysis Checked city list against network plan and online schedule data 1.1 357.50$ Naveen Jayasundaram 2/27/2012 Business Analysis Review of "markets served" analysis from S. Walton (McK) 0.8 260.00$ Naveen Jayasundaram 2/27/2012 Business Analysis Discussion of market coverage analysis with Jim Ogden and Mike Domagala from (AMR) and S.

Walton (McK)0.6 195.00$

Naveen Jayasundaram 2/27/2012 Business Analysis Email exchange with S Walton (McK) on city pair list output to present interim deliverables 0.6 195.00$

Seth Goldstrom 2/28/2012 Business Analysis Meeting with S. Walton (McK) and C Irvin (AMR) to discuss project staffing and short-term priorities

0.7 626.50$

Alex Dichter 2/28/2012 Business Analysis Review / comment on declaration at the direction of counsel 3.0 2,850.00$ Joe Schottland 2/28/2012 Business Analysis Review / comment on 1113 filings at the directions of counsel 2.0 1,430.00$ David Dorton 2/28/2012 Business Analysis Call with S. Walton (McK) to prepare for 1113 filings discussion at the direction of counsel 0.6 390.00$

David Ebenstein 2/28/2012 Business Analysis Incorporate A. Dichter and McKinsey team comments into 1113 filings at the directions of counsel

2.8 1,540.00$

David Ebenstein 2/28/2012 Business Analysis Incorporate J. Schottland (McK) comments into 1113 filings at the directions of counsel 2.1 1,155.00$

David Ebenstein 2/28/2012 Business Analysis Analysis on historical AMR vs. OA RASM and CASM metrics for 1113 filings at the directions of counsel

1.6 880.00$

David Ebenstein 2/28/2012 Business Analysis Discussion with N. Jayasundarm (McK) on RASM history and benchmarking 0.4 220.00$ Seth Walton 2/28/2012 Business Analysis Revise market coverage analysis 2.4 1,200.00$ Seth Walton 2/28/2012 Business Analysis Finalize partner revenue and activity analysis based on feedback from AMR and send to

Rothschild for posting1.8 900.00$

Seth Walton 2/28/2012 Business Analysis Review output of ASM cap analysis with C Irvin (AMR), iterate 1.5 750.00$ Seth Walton 2/28/2012 Business Analysis Update ASM cap analysis based on new data on regional market service; send to C Irvin and

team (AMR)1.1 550.00$

Seth Walton 2/28/2012 Business Analysis Finalize stage length growth analysis and send to Rothschild for posting 0.9 450.00$ Seth Walton 2/28/2012 Business Analysis Meeting with S Goldstrom (McK) and C Irvin (AMR) to discuss project staffing and short-term


Seth Walton 2/28/2012 Business Analysis Review updated market coverage analysis with N Jayasundaram (McK) 0.6 300.00$ Seth Walton 2/28/2012 Business Analysis Call with D. Dorton (McK) to prepare for 1113 filings discussion at the direction of counsel 0.6 300.00$

Naveen Jayasundaram 2/28/2012 Business Analysis Added DL and NW city list and created comparative codeshare presentation 2.1 682.50$ Naveen Jayasundaram 2/28/2012 Business Analysis Updated codeshare analysis and sorted airports served list based on total departures 1.9 617.50$ Naveen Jayasundaram 2/28/2012 Business Analysis Created list of cities served for OA 1.7 552.50$ Naveen Jayasundaram 2/28/2012 Business Analysis Checked city list against network plan and online schedule data 1.2 390.00$ Naveen Jayasundaram 2/28/2012 Business Analysis Applied custom formating to city list 1.1 357.50$ Naveen Jayasundaram 2/28/2012 Business Analysis Email exchange with E Parsons (AMR) on RASM history by carrier 0.8 260.00$ Naveen Jayasundaram 2/28/2012 Business Analysis Review with S Walton (McK) on codeshare analysis 0.6 195.00$ Naveen Jayasundaram 2/28/2012 Business Analysis Discussion with D Ebenstein (McK) on RASM history and benchmarking 0.4 130.00$ Jason Holt 2/28/2012 Business Analysis Analysis of revenue and flight data for client and peer carriers 2.0 400.00$ Seth Goldstrom 2/29/2012 Business Analysis Call with C Irvin (AMR), D. Dorton (McK),.Walton (McK) to discuss cost analysis 1.0 895.00$ Seth Goldstrom 2/29/2012 Business Analysis Call with S. Flickr Paul Hastings, C Irvin (AMR), D. Dorton (McK), D. ebenstein (McK), S. Walton

(McK) on preparations for 1113 filings at the direction of counsel0.8 716.00$

Alex Dichter 2/29/2012 Business Analysis Call with D. Ebenstein (McK) re: preparations for 1113 filings at the directions of counsel 0.4 380.00$

David Dorton 2/29/2012 Business Analysis Call with C Irvin (AMR), S. Goldstrom (McK), S. Walton (McK) to discuss cost analysis 1.0 650.00$ David Dorton 2/29/2012 Business Analysis Call with S. Flickr Paul Hastings, C Irvin (AMR), S. Goldstrom (McK), D. Ebenstein (McK), S.

Walton (McK) on preparations for 1113 filings at the direction of counsel0.8 520.00$

David Ebenstein 2/29/2012 Business Analysis Collect and revew research on impact of OTAs on pricing for 1113 filings at the directions of counsel

0.9 495.00$

10 of 19




Name Date Task Code Description Time AmountDavid Ebenstein 2/29/2012 Business Analysis Call with C. Irvin (AMR) McKinsey & Paul Hastings to discuss preparations for 1113 filings at the


David Ebenstein 2/29/2012 Business Analysis Collect and review research on LCC penetration, impact on pricing (for 1113 filings at the directions of counsel)

0.7 385.00$

David Ebenstein 2/29/2012 Business Analysis Call with A. Dichter (McK) re: discuss preparations for 1113 filings at the directions of counsel 0.4 220.00$

Seth Walton 2/29/2012 Business Analysis Review files from December to determine which documents were shared with AMR senior leadership

1.2 600.00$

Seth Walton 2/29/2012 Business Analysis Call with C Irvin (AMR) and S. Goldstrom (McK), and D. Dorton (McK) to to discuss cost analysis 1.0 500.00$

Seth Walton 2/29/2012 Business Analysis Finalize ASM cap analysis and send to broader AMR team (Quayle, Czuchlewski) 1.0 500.00$ Seth Walton 2/29/2012 Business Analysis Update "airports served" analysis and send to C Irvin (AMR) 0.9 450.00$ Seth Walton 2/29/2012 Business Analysis Follow-up call with C Irvin (AMR) and S. Goldstrom (McK), D. Ebenstein (McK), and D. Dorton

(McK) to discuss preparations for 1113 filings at the directions of counsel0.8 400.00$

Naveen Jayasundaram 2/29/2012 Business Analysis Structured city pairs analysis to isolate top 250 markets by region 2.2 715.00$ Naveen Jayasundaram 2/29/2012 Business Analysis Converted codeshare analysis to include city pairs using MAC mappings 1.8 585.00$ Naveen Jayasundaram 2/29/2012 Business Analysis Created 3rd variation of geographic network comparison in addition to US and Rest of world 1.7 552.50$

Naveen Jayasundaram 2/29/2012 Business Analysis Consolidate codeshare analysis with newer version from S Walton (McK) to include organic network growth for US

1.5 487.50$

Naveen Jayasundaram 2/29/2012 Business Analysis Created pivot table to calculate new city pairs reached through organic network growth for International markets

1.4 455.00$

Naveen Jayasundaram 2/29/2012 Business Analysis Updated codeshare analysis to separate AA's mainline vs regional split 1.3 422.50$ Jason Holt 2/29/2012 Business Analysis Synthesis of external content on OTA effect on price competition 1.0 200.00$ Jason Holt 2/29/2012 Business Analysis Preparation of internal materials on LCC effect on pricing 1.0 200.00$

Total Business Analysis 581.2 293,643.50$

11 of 19





Seth Goldstrom 2/1/2012 Creditor Interaction Meeting with C. Irvin (AMR), K. Williams (McK) and Rothschild to discuss Friday creditors plan 0.5 447.50$

Keith Williams 2/1/2012 Creditor Interaction Meeting with C. Irvin (AMR), S. Goldstrom (McK) and Rothschild to discuss Friday creditors plan 0.5 350.00$

Joe Schottland 2/1/2012 Creditor Interaction Analyse benchmarks on value of codeshare (% of revenue) from OA in preparation for Friday creditor meeting

2.1 1,501.50$

Joe Schottland 2/1/2012 Creditor Interaction Meeting with C. Irvin (AMR), W. Kersh (McK), D. Ebenstein (McK) and S. Walton (McK) to prepare for Creditor Revenue presentation

1.1 786.50$

Joe Schottland 2/1/2012 Creditor Interaction Integrate relevant content from public business plan deck into Friday creditor presentation 0.8 572.00$

David Ebenstein 2/1/2012 Creditor Interaction Review creditor presentation provide comments to McKinsey team 1.3 715.00$ David Ebenstein 2/1/2012 Creditor Interaction Meeting with C. Irvin (AMR), W. Kersh (McK), J. Schottland (McK) and S. Walton (McK) to

prepare for Creditor Revenue presentation1.1 605.00$

Seth Walton 2/1/2012 Creditor Interaction Meeting with C. Irvin (AMR), W. Kersh (McK), J. Schottland (McK) and D. Ebenstein (McK) to prepare for Creditor Revenue presentation

1.1 550.00$

William Kersh 2/1/2012 Creditor Interaction Review of 02/03/12 creditor Revenue model 3.1 930.00$ William Kersh 2/1/2012 Creditor Interaction Review of 02/03/12 creditor Revenue presentation draft 2.4 720.00$ William Kersh 2/1/2012 Creditor Interaction Meeting with C. Irvin (AMR), J. Schottland (McK), D. Ebenstein (McK) and S. Walton (McK) to

prepare for Creditor Revenue presentation1.1 330.00$

Seth Goldstrom 2/2/2012 Creditor Interaction Prepare for creditor model review 0.5 447.50$ Keith Williams 2/2/2012 Creditor Interaction Discussion with H Parkhill (Roths) re: meeting with advisors on 2/3 and pension related items 0.8 560.00$

Keith Williams 2/2/2012 Creditor Interaction Review revenue model and prepare questions for S Walton (McK) 0.6 420.00$ David Ebenstein 2/2/2012 Creditor Interaction Prepare for creditor meeting (with McKinsey, AMR & Rothschild) 2.9 1,595.00$ David Ebenstein 2/2/2012 Creditor Interaction Review Wright Amendment analysis, product analyses, gauge analyses, make updates / edits

for creditor meeting1.4 770.00$

Seth Walton 2/2/2012 Creditor Interaction Prepare for Friday presentation (broader AMR and McKinsey / Rothschild teams) 2.9 1,450.00$ Seth Goldstrom 2/3/2012 Creditor Interaction creditor meeting on model review 2.8 2,506.00$ Keith Williams 2/3/2012 Creditor Interaction Meeting with creditor advisors, Labor advisors, some committee members, AMR employees,

Mck team, and Rothschild team re: Revenue model and business plan assumptions2.8 1,960.00$

Keith Williams 2/3/2012 Creditor Interaction Discussions post meeting with various members of the creditor committee, including advisors and counsel

0.4 280.00$

Joe Schottland 2/3/2012 Creditor Interaction Presentation to creditors on revenue and business plan models and meeting follups 3.5 2,502.50$ Joe Schottland 2/3/2012 Creditor Interaction Preparation for creditor meeting 2.0 1,430.00$ Joe Schottland 2/3/2012 Creditor Interaction Call with J Butler (AMR) to discuss results of creditors meeting 0.8 572.00$ David Ebenstein 2/3/2012 Creditor Interaction Participate in creditor meeting on business plan and forecast model construction and meeting

follups3.8 2,090.00$

David Ebenstein 2/3/2012 Creditor Interaction Debrief of creditor meeting with McKinsey team, outline next steps 0.4 220.00$ Seth Walton 2/3/2012 Creditor Interaction Presentation to creditor on revenue and business plan models 3.5 1,750.00$ Naveen Jayasundaram 2/3/2012 Creditor Interaction Meeting with AMR Leadership, financial and legal advisors on revenue model 2.5 812.50$ Keith Williams 2/6/2012 Creditor Interaction Converation with C Shillinger re: diligence requests and meetings 0.4 280.00$ Keith Williams 2/7/2012 Creditor Interaction Review Mesirow due diligence list and provide feedback to C Irvin (AMR) 0.3 210.00$ Joe Schottland 2/7/2012 Creditor Interaction Reviewed initial due diligence question list from Mesirow and Moelis 0.5 357.50$ Joe Schottland 2/7/2012 Creditor Interaction Review Mesirow and Moelis initial due diligence question list 0.5 357.50$ Seth Walton 2/7/2012 Creditor Interaction Develop preliminary responses and analyses required for Moelis and Mesirow diligence

questions2.3 1,150.00$

Seth Walton 2/7/2012 Creditor Interaction Review Moelis and Mesirow initial due diligence question list 0.5 250.00$ Keith Williams 2/8/2012 Creditor Interaction Meeting with C Irvin (AMR), S Walton (McK), J. Schottland (Mck) R Solomon (AMR) regarding

Mesirow list and other due diligence requests0.8 560.00$

Keith Williams 2/8/2012 Creditor Interaction Follow up conversation with C Irvin (AMR) on due diligence and materials to be prepared 0.7 490.00$

Keith Williams 2/8/2012 Creditor Interaction Review and comment on Mesirow Cash flow diligence requests 0.3 210.00$ Joe Schottland 2/8/2012 Creditor Interaction Internal McK team meeting (S. Walton, N. Jayasundaram) to discuss Mesirow and Moelis due

diligence list1.0 715.00$

Joe Schottland 2/8/2012 Creditor Interaction Review 1st draft MM reponse back-up presentation with S Walton (McK) 0.8 572.00$ Joe Schottland 2/8/2012 Creditor Interaction Meet with C Irvin (AA) K. Williams (McK) and S. Walton (McK) to agree on proposed approach

to due diligence questions0.8 572.00$

Joe Schottland 2/8/2012 Creditor Interaction Meet with S Walton (McK) to discuss due diligence action plan 0.8 572.00$ Seth Walton 2/8/2012 Creditor Interaction McK team meeting (Schottland, Jayasundaram) to preliminary approach to Moelis and Mesirow

question list1.0 500.00$

Seth Walton 2/8/2012 Creditor Interaction Review draft diligence reponse back-up presentation with Schottland (McK) 1.0 500.00$ Seth Walton 2/8/2012 Creditor Interaction Meet with C Irvin (AA) K. Williams (McK) and J. Schottland (McK) to agree on proposed

approach to due diligence questions0.8 400.00$

Seth Walton 2/8/2012 Creditor Interaction Follow up with J. Schottland (McK) on responses to Moelis and Mesirow 0.8 400.00$ Naveen Jayasundaram 2/8/2012 Creditor Interaction Internal McK team meeting (S. Walton, J. Schottland) to discuss Mesirow and Moelis due

diligence list1.0 325.00$

Seth Goldstrom 2/9/2012 Creditor Interaction Call with Rothschild, C. Irvin (AMR), B. Goulet to discuss creditor data request 0.4 358.00$ Keith Williams 2/9/2012 Creditor Interaction Call with C Irvin (AMR) Rothschild, and Mck Team (S. Walton, J. Schottland) to discuss requests

made by Mesirow and Moelis during phone conversation with CRO1.0 700.00$

Keith Williams 2/9/2012 Creditor Interaction Review request from Greenhill and provide comments 0.6 420.00$ Keith Williams 2/9/2012 Creditor Interaction Review TWU request and provide comments to team 0.4 280.00$

12 of 19




Name Date Task Code Description Time AmountKeith Williams 2/9/2012 Creditor Interaction Review CF variance report prior to call to give comments to AMR team 0.4 280.00$ Joe Schottland 2/9/2012 Creditor Interaction Review BPM and revenue model questions from Greenhill 1.1 786.50$ Joe Schottland 2/9/2012 Creditor Interaction Conf call with Rothschild and AA to discuss feedback from M&M 1.0 715.00$ Joe Schottland 2/9/2012 Creditor Interaction Review question list from Greenhill 0.5 357.50$ Joe Schottland 2/9/2012 Creditor Interaction Review TWU document request list 0.5 357.50$ Seth Walton 2/9/2012 Creditor Interaction Additional prep for call with Greenhill on revenue model 3.2 1,600.00$ Seth Walton 2/9/2012 Creditor Interaction Review Greenhill BPM and revenue model questions and proposed responses with J Schottland

(McK) and D Ebenstein (McK)1.1 550.00$

Seth Walton 2/9/2012 Creditor Interaction Conf call with Rothschild and AMR teams to discuss feedback from M&M 1.0 500.00$ Seth Walton 2/9/2012 Creditor Interaction Initial prep for revenue model discussion with Greenhill 0.8 400.00$ Seth Walton 2/9/2012 Creditor Interaction First draft or responses to TWU 0.6 300.00$ Seth Walton 2/9/2012 Creditor Interaction Review initial TWU document request list 0.5 250.00$ Naveen Jayasundaram 2/9/2012 Creditor Interaction Created stage length growth table from network plan for Greenhill 1.8 585.00$ Naveen Jayasundaram 2/9/2012 Creditor Interaction Reviewed backup data requests from Greenhill 1.2 390.00$ Seth Goldstrom 2/10/2012 Creditor Interaction Call with Greenhill, Rothschild and J. Schottland (McK), D. Ebenstein (McK), S. Walton (McK) to

answer questions0.8 716.00$

Seth Goldstrom 2/10/2012 Creditor Interaction Call with Rothschild, C. Irvin (AMR), D. ebenstein (McK), J. Schottland (McK), and S. Walton (McK) to discuss Mesirow and Moelis Q&A document

0.7 626.50$

Seth Goldstrom 2/10/2012 Creditor Interaction Call to prepare for Grenhill Q&A session with S. Walton (McK), D. ebenstein (McK), J Schottland (McK)

0.3 268.50$

Seth Goldstrom 2/10/2012 Creditor Interaction Call with Rothschild, C. Irvin (AMR), creditor advisers to discuss their questions 0.2 179.00$ Seth Goldstrom 2/10/2012 Creditor Interaction Call with J. Schottland (McK) on diligence list 0.1 89.50$ Keith Williams 2/10/2012 Creditor Interaction Call with Mesirow and Moelis, AMR Team, Rothschild and follow up on discussion topics 1.3 910.00$

Keith Williams 2/10/2012 Creditor Interaction Check in conversation with C Irvin (AMR) on weekly meetings and deliverables 0.9 630.00$ Keith Williams 2/10/2012 Creditor Interaction Call with Greenhill, Rothschild and Mck Team (ebenstein and Walton)to discuss due diligence

items0.8 560.00$

Keith Williams 2/10/2012 Creditor Interaction Review and comment on further Moelis and Mesirow requests for upcoming call 0.4 280.00$ Joe Schottland 2/10/2012 Creditor Interaction Grenhill preparatory call with Rothschild and AMR 1.0 715.00$ Joe Schottland 2/10/2012 Creditor Interaction Greenhill and Rothschild conference call to discuss initial question list 0.8 572.00$ Joe Schottland 2/10/2012 Creditor Interaction Call with Rothschild, C. Irvin (AMR), creditor advisers to discuss their questions 0.2 143.00$ Joe Schottland 2/10/2012 Creditor Interaction Call with S. Goldstrom (McK) on diligence list 0.1 71.50$ David Ebenstein 2/10/2012 Creditor Interaction Draft responses to Mesirow/Moelis diligence request (including necessary analysis) 2.8 1,540.00$ David Ebenstein 2/10/2012 Creditor Interaction Draft responses to Greenhill data request 1.6 880.00$ David Ebenstein 2/10/2012 Creditor Interaction Complete historical RASM vs. Capacity analysis in response to Mesirow/Moelis request 1.3 715.00$

David Ebenstein 2/10/2012 Creditor Interaction Call with Greenhill re: model and business plan diligence 1.0 550.00$ David Ebenstein 2/10/2012 Creditor Interaction Call with Rothschild, AMR, McKinsey on Mesirow/Moelis diligence request 0.8 440.00$ David Ebenstein 2/10/2012 Creditor Interaction Review diligence request from all creditors 0.8 440.00$ David Ebenstein 2/10/2012 Creditor Interaction Call with McK (Schottland, Naveen, Walton) re: plan for responding to Moelis/Mesirow 0.8 440.00$

Seth Walton 2/10/2012 Creditor Interaction Call to prep for Greenhill teleconference with AMR and Rothschild teams 1.0 500.00$ Seth Walton 2/10/2012 Creditor Interaction Call with Greenhill to respond to revenue and BPM model questions 1.0 500.00$ Seth Walton 2/10/2012 Creditor Interaction Call with AMR, Rothschild, and McK teams to discuss response to Moelis and Mesirow

questions list (long version)0.8 400.00$

Seth Walton 2/10/2012 Creditor Interaction Update written responses from Greenhill call and send to M Chou (Rothschild) 0.8 400.00$ Seth Walton 2/10/2012 Creditor Interaction Internal McK team call to discuss upcoming Greenhill teleconference 0.5 250.00$ Seth Walton 2/10/2012 Creditor Interaction Review latest Moelis and Mesirow response document with J Schottland (McK) 0.4 200.00$ Naveen Jayasundaram 2/10/2012 Creditor Interaction Updated Greenhill talking points document to answer questions on traffic demand 1.5 487.50$ Naveen Jayasundaram 2/10/2012 Creditor Interaction Updated Greenhill talking point document to include sources and examples 1.2 390.00$ Naveen Jayasundaram 2/10/2012 Creditor Interaction Discussed Moelis and Mesirow information request with S Walton (McK), D Ebenstein (McK)

and J Schottland (McK), S. Goldstrom (McK), C. Irvin (AMR)1.0 325.00$

Naveen Jayasundaram 2/10/2012 Creditor Interaction Discussion with S Walton (McK), J Schottland (McK) and D Ebenstein (McK) on revenue model Q&A for Greenhill

0.5 162.50$

David Ebenstein 2/11/2012 Creditor Interaction Develop preliminary responses to AFPA diligence request 1.8 990.00$ David Ebenstein 2/11/2012 Creditor Interaction Revise McK responses to Mesirow/Moelis request 1.4 770.00$ David Ebenstein 2/11/2012 Creditor Interaction Combine McKinsey and AMR responses to Mesirow/Moelis into single draft, make edits 1.1 605.00$

David Ebenstein 2/11/2012 Creditor Interaction Develop sharable OA capacity model in response to Mesirow/Moelis request 0.8 440.00$ Seth Walton 2/11/2012 Creditor Interaction Begin follow-up responses to Greenhill - Wright amendment clarification 1.1 550.00$ Seth Walton 2/11/2012 Creditor Interaction Email exchange with N Jayasundaram (McK) on response to demand growth questions from

Moelis and Mesirow0.7 350.00$

Seth Walton 2/11/2012 Creditor Interaction Consolidate current draft of Moelis and Mesirow responses and send to team 0.6 300.00$ Seth Walton 2/11/2012 Creditor Interaction Review TWU question list from C Irvin (AMR) 0.5 250.00$ Seth Goldstrom 2/12/2012 Creditor Interaction Call with Rothschild,B. Goulet (AMR), C. Irvin (AMR), D. ebenstein (McK), J. Schottland (McK),

and S. Walton (McK) to discuss Mesirow and Moelis Q&A document1.8 1,611.00$

Seth Goldstrom 2/12/2012 Creditor Interaction Call with J. Schotland on Q&A 0.2 179.00$ Evan Van Metre 2/12/2012 Creditor Interaction Prep for Creditors questions 1.5 1,342.50$ Joe Schottland 2/12/2012 Creditor Interaction Mesirow and Moelis due diligence preparation 3.2 2,288.00$ Joe Schottland 2/12/2012 Creditor Interaction Updates to various Moelis and Mesirow questions 3.1 2,216.50$

13 of 19




Name Date Task Code Description Time AmountJoe Schottland 2/12/2012 Creditor Interaction Call with Rothschild,B. Goulet (AMR), C. Irvin (AMR), D. ebenstein (McK), S. Goldstrom (McK),

and S. Walton (McK) to discuss Mesirow and Moelis Q&A document1.8 1,287.00$

Joe Schottland 2/12/2012 Creditor Interaction Call with S. Goldstrom on Q&A 0.2 143.00$ David Ebenstein 2/12/2012 Creditor Interaction Run revenue scenerios, prepare revised resonse to Moelis & Mesirow data request regarding

downside scenerios tested2.1 1,155.00$

David Ebenstein 2/12/2012 Creditor Interaction Call with Rothschild,B. Goulet (AMR), C. Irvin (AMR),J. Schottland (McK), S. Goldstrom (McK), and S. Walton (McK) to discuss Mesirow and Moelis Q&A document

1.8 990.00$

Seth Walton 2/12/2012 Creditor Interaction Additional updates to various Moelis and Mesirow questions (including revenue variables) 3.1 1,550.00$

Seth Walton 2/12/2012 Creditor Interaction Call with Rothschild,B. Goulet (AMR), C. Irvin (AMR), J. Schottland (McK), S. Goldstrom (McK), and D. Ebenstein (McK) to discuss Mesirow and Moelis Q&A document

1.8 900.00$

Seth Walton 2/12/2012 Creditor Interaction Incorporate feedback from A Dicther (McK) into Moelis and Mesirow responses 0.8 400.00$ Seth Goldstrom 2/13/2012 Creditor Interaction Review draft Q&A documents 0.3 268.50$ Seth Goldstrom 2/13/2012 Creditor Interaction Weekly adviser call (partial attendance) 0.1 89.50$ Keith Williams 2/13/2012 Creditor Interaction Weekly update call with advisors 0.4 280.00$ Joe Schottland 2/13/2012 Creditor Interaction Review initial APFA due diligence request and make revisions and comments for Walton (McK) 2.0 1,430.00$

Joe Schottland 2/13/2012 Creditor Interaction Review TWU due diligence list and identify sources of information from other dd answers with S. Walton (McK)

1.1 786.50$

Joe Schottland 2/13/2012 Creditor Interaction Reviewed first draft of A Bhatia (McK) JBA analysis 1.1 786.50$ Joe Schottland 2/13/2012 Creditor Interaction Meeting with B. Norman (AMR) to discuss JBA due diligence materials 1.1 786.50$ Joe Schottland 2/13/2012 Creditor Interaction Review Wright Ammendment bottom up analysis in response to due diligence request 0.8 572.00$

Joe Schottland 2/13/2012 Creditor Interaction Discuss APFA due diligence clarifications with C. Irvin (AMR) 0.5 357.50$ David Ebenstein 2/13/2012 Creditor Interaction Draft responses to TWU diligence request 1.1 605.00$ David Ebenstein 2/13/2012 Creditor Interaction Review responses to TWU request, make edits and provide comments to McKinsey team 0.7 385.00$

Seth Walton 2/13/2012 Creditor Interaction Review initial APFA due diligence request 1.6 800.00$ Seth Walton 2/13/2012 Creditor Interaction Review TWU due diligence list and compare potential responses to previous responses (with J

Schottland (McK))1.1 550.00$

Seth Walton 2/13/2012 Creditor Interaction Review current APFA responses with C Irvin (AMR) 1.1 550.00$ Seth Walton 2/13/2012 Creditor Interaction Incorporate edits from D Ebenstein (McK) into APA response 0.7 350.00$ Seth Walton 2/13/2012 Creditor Interaction Review and incorporate edits from Schottland (McK) on APFA diligence request 0.6 300.00$ Seth Walton 2/13/2012 Creditor Interaction Discuss APFA due diligence clarifications with C. Irvin (AMR) and Schottland (McK) 0.5 250.00$ Seth Walton 2/13/2012 Creditor Interaction Initial review of APA request (via N Safran AMR) 0.4 200.00$ Naveen Jayasundaram 2/13/2012 Creditor Interaction Create single leg sample for SPD analysis as part of M&M diligence request 2.2 715.00$ Keith Williams 2/14/2012 Creditor Interaction Review information for 2/15 meeting with creditor advisors 0.9 630.00$ Keith Williams 2/14/2012 Creditor Interaction Call with Jefferies, C Irvin (AMR) and S Walton (Mck) regarding due diligence items and model 0.8 560.00$

Keith Williams 2/14/2012 Creditor Interaction Review information to be posted on Intralinks for creditors 0.6 420.00$ Keith Williams 2/14/2012 Creditor Interaction Review correspondance and cash reports b/w G Schwindinger and Mesirow on Cash 0.4 280.00$ Joe Schottland 2/14/2012 Creditor Interaction Meeting with C. Irvin (AMR), McKinsey (Ebenstein & Walton) and Rothschild to review diligence

responses for TWU and APFA1.0 715.00$

Joe Schottland 2/14/2012 Creditor Interaction Integration of AA data on JBs into JBA/codeshare pack for due diligence response 1.0 715.00$ Joe Schottland 2/14/2012 Creditor Interaction Greenhill due diligence response reviews 0.8 572.00$ Joe Schottland 2/14/2012 Creditor Interaction Review APFA draft and develop talking points and accountability for responses 0.5 357.50$ Joe Schottland 2/14/2012 Creditor Interaction Review latest draft of Wright Ammendment spreadsheets for due diligence request 0.5 357.50$ Joe Schottland 2/14/2012 Creditor Interaction Further review and comment on next draft of APFA responses 0.5 357.50$ David Ebenstein 2/14/2012 Creditor Interaction Meeting with C. Irvin (AMR), McKinsey (Schottland & Walton) and Rothschild to review

diligence responses for TWU and APFA1.0 550.00$

Seth Walton 2/14/2012 Creditor Interaction Further update to APFA request based on edits from David Ebenstein (McK) and C Irvin (AMR) 2.9 1,450.00$

Seth Walton 2/14/2012 Creditor Interaction Additional updates to APFA and TWU written responses 1.4 700.00$ Seth Walton 2/14/2012 Creditor Interaction Meeting with C. Irvin (AMR), McKinsey (Schottland & Ebenstein) and Rothschild to review

diligence responses for TWU and APFA1.0 500.00$

Seth Walton 2/14/2012 Creditor Interaction Review and edit APFA response file (from C Irvin AMR) 0.9 450.00$ Seth Walton 2/14/2012 Creditor Interaction Final prep for meeting with Moelis and Mesirow on BPM responses with J Schottland (McK) 0.9 450.00$

Seth Walton 2/14/2012 Creditor Interaction Call with Jefferies, C Irvin (AMR) and K Williams (Mck) regarding due diligence items and model 0.8 400.00$

Seth Walton 2/14/2012 Creditor Interaction Finalize follow ups to previous week's Greenhill call with C Irvin (AMR) 0.8 400.00$ Keith Williams 2/15/2012 Creditor Interaction Meeting with creditor advisors. AMR team, Rothschild and McKinsey team (S. Walton, J.

Schottland) on business plan and revenue models.3.7 2,590.00$

Keith Williams 2/15/2012 Creditor Interaction Meeting with AMR financial planning group and creditor advisors on models (partial attendance)

1.4 980.00$

Keith Williams 2/15/2012 Creditor Interaction Discussion with L Lattig (Mesirow) and Z jamal (Moelis) regarding business plan and diligence items

0.5 350.00$

Joe Schottland 2/15/2012 Creditor Interaction Meeting with creditor advisors. AMR team, Rothschild and McKinsey team (S. Walton,K. Williams) on business plan and revenue models.

3.7 2,645.50$

14 of 19




Name Date Task Code Description Time AmountJoe Schottland 2/15/2012 Creditor Interaction Meeting with Meserow and Moelis to go through detailed labor models due diligence 2.0 1,430.00$

Joe Schottland 2/15/2012 Creditor Interaction Provide comments on latest draft of APFA due diligence response 1.1 786.50$ Joe Schottland 2/15/2012 Creditor Interaction Debrief with McKinsey team (Ebenstein, Walton) on Moelis and Mesirow meeting, next steps 0.6 429.00$

David Ebenstein 2/15/2012 Creditor Interaction Debrief with McKinsey team (Schottland, Walton) on Moelis and Mesirow meeting, next steps 0.6 330.00$

Seth Walton 2/15/2012 Creditor Interaction Meeting with creditor advisors. AMR team, Rothschild and McKinsey team (J. Schottland,K. Williams) on business plan and revenue models.

3.7 1,850.00$

Seth Walton 2/15/2012 Creditor Interaction Meeting with AMR and Moelis and Mesirow to review labor models 3.0 1,500.00$ Seth Walton 2/15/2012 Creditor Interaction Review draft of APFA due diligence response with J Schottland (McK) 1.1 550.00$ Seth Walton 2/15/2012 Creditor Interaction Update APFA response based on Rothschild feedback 0.8 400.00$ Seth Walton 2/15/2012 Creditor Interaction Debrief with McKinsey team (Schottland, Ebenstein) on Moelis and Mesirow meeting, next

steps0.6 300.00$

Seth Walton 2/15/2012 Creditor Interaction Send final draft of Greenhill responses to Rothschild for posting on Intralinks 0.5 250.00$ Seth Walton 2/15/2012 Creditor Interaction Prep for Greenhill call 0.5 250.00$ Naveen Jayasundaram 2/15/2012 Creditor Interaction Created word document shell based on APA diligence questions assigned to McKinsey team 2.1 682.50$

Naveen Jayasundaram 2/15/2012 Creditor Interaction Email exchange with S Walton (McK) on APA / Lazard due diligence request 0.5 162.50$ Joe Schottland 2/16/2012 Creditor Interaction Meet with Greenhill advisors to creditors 2.5 1,787.50$ Joe Schottland 2/16/2012 Creditor Interaction Provided updates to APFA due diligence responses 2.1 1,501.50$ Joe Schottland 2/16/2012 Creditor Interaction Provided updates to APFA due diligence responses 1.5 1,072.50$ Joe Schottland 2/16/2012 Creditor Interaction Meet with C Irvin (AMR) and S Walton (McK) to discuss codeshare valuation 0.8 572.00$ Seth Walton 2/16/2012 Creditor Interaction Meet with Greenhill and AMR team on labor-related diligence questions 2.5 1,250.00$ Seth Walton 2/16/2012 Creditor Interaction Meet with C Irvin (AMR) and J Schottland (McK) to discuss codeshare and Lazard diligence

responses0.8 400.00$

Seth Walton 2/16/2012 Creditor Interaction Review Lazard responses drafted by N Jayasundaram (McK) 0.7 350.00$ Naveen Jayasundaram 2/16/2012 Creditor Interaction Tabulated fleet additions and retirements to address diligence questions 1.4 455.00$ Naveen Jayasundaram 2/16/2012 Creditor Interaction Created answer to codeshare revenue diligence question by reviewing prior documents 1.1 357.50$

Naveen Jayasundaram 2/16/2012 Creditor Interaction Correspondence with S Walton (McK) on outstanding Lazard diligence questions 0.6 195.00$ Keith Williams 2/17/2012 Creditor Interaction Meeting with Lazard, APA, AMR team regarding diligence items and follow ups with AMR team

members1.7 1,190.00$

Keith Williams 2/17/2012 Creditor Interaction Call with Jefferies, C Irvin (AMR) and S Walton (Mck) regarding due diligence items and model 0.7 490.00$

Keith Williams 2/17/2012 Creditor Interaction Review information and prepare for APA meeting 0.6 420.00$ Keith Williams 2/17/2012 Creditor Interaction Discussion with C Irvin (AMR) regarding APA discussion and follow ups 0.6 420.00$ David Ebenstein 2/17/2012 Creditor Interaction Call with Jefferies re: APFA diligence request responses 1.1 605.00$ Seth Walton 2/17/2012 Creditor Interaction Review Lazard due diligence responses with C Irvin (AMR) 1.1 550.00$ Seth Walton 2/17/2012 Creditor Interaction Update APFA/Jeffries written responses prior to conference call 0.8 400.00$ Seth Walton 2/17/2012 Creditor Interaction Call to review APFA responses on revenue and BPM models with Jeffries (APFA advisor),

Rothschild, and AMR0.7 350.00$

Seth Walton 2/17/2012 Creditor Interaction Final updates to JBA summary presentation prior to posting on Intralinks 0.6 300.00$ Naveen Jayasundaram 2/17/2012 Creditor Interaction Reviewed cost model for benchmark and margin information to answer Lazard diligence

questions1.6 520.00$

Naveen Jayasundaram 2/17/2012 Creditor Interaction Revised APA Lazard diligence answer sheet 1.3 422.50$ Naveen Jayasundaram 2/17/2012 Creditor Interaction Reviewed OA codeshare data for Lazard/APA questions 0.9 292.50$ Seth Walton 2/18/2012 Creditor Interaction Update and send next revision of codeshare "backup" presentation for creditor advisors 1.5 750.00$

Keith Williams 2/20/2012 Creditor Interaction Discussion with C Irvin (AMR) on codeshare and regional analysis requested by Mesirow and Moelis

0.9 630.00$

Keith Williams 2/20/2012 Creditor Interaction Review and comment on due diligence documents from creditors 0.8 560.00$ Keith Williams 2/20/2012 Creditor Interaction Review and comment on Moelis and Mesirow request list on business plan model 0.8 560.00$ Seth Walton 2/20/2012 Creditor Interaction Update codeshare presentation for creditor advisors with organic growth analysis 3.1 1,550.00$ Seth Walton 2/20/2012 Creditor Interaction Draft "value" section of regional flying presentation for creditor advisors 1.3 650.00$ Seth Walton 2/20/2012 Creditor Interaction Call with Nathan Safran (AMR) to discuss APA/Lazard responses 0.9 450.00$ Seth Walton 2/20/2012 Creditor Interaction Discussion with N. Jayasundaram (McK) on work plan for the week and APA diligence work

items0.8 400.00$

Seth Walton 2/20/2012 Creditor Interaction Consolidate APA/Lazard responses and send to N Safran (AMR) 0.6 300.00$ Naveen Jayasundaram 2/20/2012 Creditor Interaction Discussion with S Walton (McK) on work plan for the week and APA diligence work items 0.8 260.00$

Keith Williams 2/21/2012 Creditor Interaction Meeting with C Irvin (AMR), Mck Team (D. Ebenstein, S. Walton) Mesirow and Moelis regarding code share and regional

0.7 490.00$

Keith Williams 2/21/2012 Creditor Interaction Review information to be posted on Intralinks for creditors 0.7 490.00$ David Ebenstein 2/21/2012 Creditor Interaction Conference call re: regional and codeshare flying with Mesirow & Moelis 0.9 495.00$ Seth Walton 2/21/2012 Creditor Interaction Update "Priority" Lazard responses and send to Rothschild for posting on Intralinks 0.8 400.00$ Seth Walton 2/21/2012 Creditor Interaction Call to present regional and codeshare backup information with creditor advisors (C Irvin and

various other AMR team members in addition to Moelis and Mesirow)0.7 350.00$

Keith Williams 2/22/2012 Creditor Interaction Review request materials from creditors and corresponding responses 0.8 560.00$ Seth Walton 2/22/2012 Creditor Interaction Edits to APA/Lazard responses 2.2 1,100.00$ Seth Walton 2/22/2012 Creditor Interaction Call to review comprehensive APA/Lazard response with N Safran and various attorneys 1.0 500.00$

Seth Walton 2/22/2012 Creditor Interaction Update and send APA/Lazard responses to attorneys 0.8 400.00$

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Name Date Task Code Description Time AmountSeth Walton 2/22/2012 Creditor Interaction Review and edit latest APA/Lazard responses with C Irvin (AMR) 0.6 300.00$ Naveen Jayasundaram 2/22/2012 Creditor Interaction Reviewed creditor deck to identify international vs. domestic split of AMR traffic 0.9 292.50$ Keith Williams 2/23/2012 Creditor Interaction Call with Greenhill regarding diligence items 0.9 630.00$ Seth Walton 2/23/2012 Creditor Interaction Call with Greenhill to discuss BPM and revenue plan diligence "follow up" questions 1.0 500.00$ Seth Walton 2/23/2012 Creditor Interaction Call with J. Gross and C. Irvin (AMR) to determine appropriate response to APA dilgence

request re. codeshare0.6 300.00$

Keith Williams 2/24/2012 Creditor Interaction Meeting with Jefferies, AMR team, Rothschild and union representatives to discuss business plan and follow ups with AMR team members

1.8 1,260.00$

Keith Williams 2/24/2012 Creditor Interaction Prepare for Greenhill call 0.4 280.00$ Keith Williams 2/24/2012 Creditor Interaction Prepare for Jefferies meeting 0.3 210.00$ Seth Walton 2/27/2012 Creditor Interaction Initial review of PBGC follow up requests 0.8 400.00$ Seth Walton 2/28/2012 Creditor Interaction Meeting with C Irvin and AMR team to discuss roles for upcoming Network / IFS meeting with

creditor advisors0.6 300.00$

Seth Walton 2/28/2012 Creditor Interaction Review ownership of PBGC data request items with C Irvin and team (AMR) and M Chou and team (Rothschild)

0.5 250.00$

David Ebenstein 2/29/2012 Creditor Interaction Call with S. Walton (McK) re: plan for 3/1 creditor meeting 0.6 330.00$ Seth Walton 2/29/2012 Creditor Interaction Update APA/Lazard request and send to N Safran (AMR) and attorneys 0.8 400.00$ Seth Walton 2/29/2012 Creditor Interaction Call with D. Ebenstein (McK) to plan for creditor meeting on Thursday 0.6 300.00$


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Seth Goldstrom 2/1/2012 Travel Travel from AMR to Atlanta 2.0 1,790.00$ David Ebenstein 2/1/2012 Travel Travel from DFW to NYC 1.1 605.00$ Naveen Jayasundaram 2/1/2012 Travel Travel from Dallas to San Francisco 5.5 1,787.50$ Seth Goldstrom 2/2/2012 Travel Travel from Atlanta to Dallas AMR HQ 2.0 1,790.00$ Joe Schottland 2/2/2012 Travel Travel from NY to Dallas 0.8 572.00$ David Ebenstein 2/2/2012 Travel Travel from NYC to DFW 1.8 990.00$ Seth Walton 2/2/2012 Travel Travel from Atlanta to Dallas 2.3 1,150.00$ Naveen Jayasundaram 2/2/2012 Travel Travel from San Francisco to Dallas 5.5 1,787.50$ William Kersh 2/2/2012 Travel Travel from Dallas, TX to New York, NY 6.0 1,800.00$ Seth Goldstrom 2/3/2012 Travel Travel from Dallas to Atlanta 2.0 1,790.00$ Joe Schottland 2/3/2012 Travel Travel from Dallas to NY 1.0 715.00$ David Ebenstein 2/3/2012 Travel Travel from DFW to NYC 1.8 990.00$ Seth Walton 2/3/2012 Travel Travel from Dallas to Atlanta 2.3 1,150.00$ Naveen Jayasundaram 2/3/2012 Travel Travel from Dallas to New York 6.0 1,950.00$ Seth Walton 2/6/2012 Travel Travel from Atlanta to Dallas 2.3 1,150.00$ Naveen Jayasundaram 2/6/2012 Travel Travel from NYC to Dallas 3.0 975.00$ Evan Van Metre 2/7/2012 Travel Travel to AMR 2.0 1,790.00$ Joe Schottland 2/7/2012 Travel Travel from NY to Dallas 2.2 1,573.00$ Evan Van Metre 2/8/2012 Travel Travel from AMR 2.1 1,879.50$ Seth Walton 2/8/2012 Travel Travel from Dallas to Atlanta 2.2 1,100.00$ Joe Schottland 2/9/2012 Travel Travel time from Dallas to NY 1.7 1,215.50$ Naveen Jayasundaram 2/9/2012 Travel Travel from Dallas to New York 1.6 520.00$ David Ebenstein 2/10/2012 Travel Travel from MIA to DFW 1.5 825.00$ Seth Walton 2/10/2012 Travel Travel from Atlanta to Dallas 2.3 1,150.00$ David Ebenstein 2/11/2012 Travel Travel DFW to NYC 1.8 990.00$ Joe Schottland 2/12/2012 Travel Travel from NY to Dallas 0.4 286.00$ David Ebenstein 2/13/2012 Travel Travel NYC to DFW 1.5 825.00$ Naveen Jayasundaram 2/13/2012 Travel Travel from NYC to Dallas 3.0 975.00$ David Ebenstein 2/15/2012 Travel Travel DFW to NYC 1.8 990.00$ Naveen Jayasundaram 2/15/2012 Travel Travel from Dallas to NYC 3.0 975.00$ Joe Schottland 2/16/2012 Travel Travel from Dallas to NY 0.4 250.25$ Seth Walton 2/16/2012 Travel Travel from Dallas to Atlanta 2.3 1,150.00$ Naveen Jayasundaram 2/20/2012 Travel Travel from NYC to Dallas 3.0 975.00$ Seth Walton 2/21/2012 Travel Travel from Atlanta to Dallas 2.3 1,150.00$ Naveen Jayasundaram 2/22/2012 Travel Travel from Dallas to NYC 2.3 747.50$ Seth Walton 2/23/2012 Travel Travel from Dallas to Atlanta 2.2 1,100.00$ Joe Schottland 2/27/2012 Travel Travel from NY to Dallas 0.7 500.50$ Seth Walton 2/27/2012 Travel Travel from Atlanta to Dallas 2.2 1,100.00$ Naveen Jayasundaram 2/27/2012 Travel Travel from NYC to Dallas 3.0 975.00$ Joe Schottland 2/29/2012 Travel Travel to Dallas 1.2 858.00$ Seth Walton 2/29/2012 Travel Travel from Dallas to Atlanta 2.2 1,100.00$

Total Travel 94.3 45,992.25$

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Alison Proshan 2/11/2012 Administrative Finalize time sheet details 0.2 110.00$ Ryan Froelich 2/13/2012 Administrative Collect and review december time entries for fee app 2.5 750.00$ Ryan Froelich 2/13/2012 Administrative Summarize december time entries 1.5 450.00$ Ryan Froelich 2/13/2012 Administrative Aggregate CST time entries 1.5 450.00$ Amber Unkraut 2/13/2012 Administrative Prepare and review time entries 1.0 100.00$ Seth Goldstrom 2/14/2012 Administrative Review and discuss draft draft monthly fee statement with Keith Williams (McK) 0.5 447.50$ Keith Williams 2/14/2012 Administrative Review and discuss draft monthly fee statement with Keith Williams (McK) 0.5 350.00$ Ryan Froelich 2/14/2012 Administrative Collect January time entries and summarize entries 3.0 900.00$ Ryan Froelich 2/14/2012 Administrative Prepare December summary time detail 2.0 600.00$ Ryan Froelich 2/14/2012 Administrative Review and comment on detailed December time entries 2.0 600.00$ Ryan Froelich 2/14/2012 Administrative Review detailed December invoice 1.5 450.00$ Amber Unkraut 2/14/2012 Administrative Prepare fee invoice detail 1.5 150.00$ Ryan Froelich 2/15/2012 Administrative Support to team on invoice 2.5 750.00$ Ryan Froelich 2/15/2012 Administrative Aggregate january time entries into master database 2.0 600.00$ Ryan Froelich 2/15/2012 Administrative Continued to reivew and support team on invoice 1.5 450.00$ Ryan Froelich 2/16/2012 Administrative Incorporate Feedback into December time entries 3.0 900.00$ Ryan Froelich 2/16/2012 Administrative Check master time entries versus individual entries and reconcile differences with the team 2.5 750.00$

Ryan Froelich 2/17/2012 Administrative Review outstanding expenses 3.5 1,050.00$ Ryan Froelich 2/17/2012 Administrative Work with team to incorporate latest time entries into the December invoice 2.5 750.00$ Ryan Froelich 2/17/2012 Administrative Work with team on jan time entries 2.0 600.00$ Ryan Froelich 2/17/2012 Administrative Draft jan invoice 1.5 450.00$ John Fisher 2/29/2012 Administrative time sheet analysis, phone calls with A Proshan (McK) , R Froelich (McK) 1.6 400.00$ Ryan Froelich 2/29/2012 Administrative time sheet analysis, phone calls with A.Proshan (McK) , J. Fisher (McK) 1.6 480.00$

Total Administrative 41.9 12,537.50$

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Seth Goldstrom 2/2/2012 Application to Employ Call with M. Gore (Weil), A. Proshan (McK) and outside counsel on retention 0.5 447.50$ Alison Proshan 2/2/2012 Application to Employ Call with M. Gore (Weil), S. Goldstrom (McK) and outside counsel on retention 0.5 275.00$ Alison Proshan 2/2/2012 Application to Employ Conference among Mathew Goren, Seth Goldstrom (McK), Keith Williams (McK), Peter Ivanick

regarding service to AMR0.5 275.00$

David Dorton 2/3/2012 Application to Employ Conference with Evan Van Metre (McK) and Alison Proshan 0.2 130.00$ Alison Proshan 2/3/2012 Application to Employ Conference with E. Van Metre (McK) and D. Dorton (McK) 0.2 110.00$ Evan Van Metre 2/3/2012 Application to Employ Conference with D. Dorton(McK) 0.2 179.00$ Alison Proshan 2/7/2012 Application to Employ Correspondence with Jean Molino re: retention 0.1 55.00$ Alison Proshan 2/10/2012 Application to Employ Conferences with colleague re: external interviews 1.0 550.00$ Alison Proshan 2/10/2012 Application to Employ Conferences with S. Goldstrom (McK) re: external interviews 0.3 165.00$ Alison Proshan 2/10/2012 Application to Employ Correspondence with Jean Molino re: external interviews 0.2 110.00$ Alison Proshan 2/11/2012 Application to Employ Correspondence with P. Ivanick re: call with AUST 0.1 55.00$ Seth Goldstrom 2/16/2012 Application to Employ Call with Weil, K. Williams (McK), A. Proshan, C. Irvin (AMR) to discuss retention 0.2 179.00$ Keith Williams 2/16/2012 Application to Employ Call with Weil, S. Goldstrom (McK), A. Proshan, C. Irvin (AMR) to discuss retention 0.2 140.00$ Alison Proshan 2/16/2012 Application to Employ Draft Declaration Supp. No. 2, conference with J. Molino re: same 1.0 550.00$ Alison Proshan 2/16/2012 Application to Employ Conference with A. Perez, M. Goren, S. Goldstrom (McK), K. Williams (McK), P. Ivanick, C. Irvin

(AMR) re: scope services0.2 110.00$

Alison Proshan 2/16/2012 Application to Employ Conference with J. Molino, P. Ivanick re: Declaration Supp. No. 2 0.2 110.00$ Seth Goldstrom 2/17/2012 Application to Employ Call with J. Molino (McK) and A. Proshan (McK) on affidavit 0.2 179.00$ Alison Proshan 2/17/2012 Application to Employ Revise Second Supplement to Declaration 0.4 220.00$ Alison Proshan 2/17/2012 Application to Employ Call with S. Goldstrom (McK), J. Molino re: Second Supplemental Declaration 0.2 110.00$ Alison Proshan 2/21/2012 Application to Employ Review revised Second Supplemental Declaration; correspondence with J. Molino and S.

Goldstrom (McK) re: same1.0 550.00$

Alison Proshan 2/21/2012 Application to Employ Correspondence with K. Williams (McK) and S. Goldstrom (McK) re: scope of services 0.2 110.00$ Seth Goldstrom 2/27/2012 Application to Employ Review and sign supplemental declaration 0.2 179.00$ Alison Proshan 2/27/2012 Application to Employ Correspondence with P. Ivanick and M. Khambati re: Second Supplement 0.5 275.00$ Alison Proshan 2/27/2012 Application to Employ Revise Second Supplemental Declaration 0.5 275.00$ Alison Proshan 2/27/2012 Application to Employ Conference with S. Goldstrom (McK) re: Second Supplemental Declaration 0.1 55.00$ Alison Proshan 2/27/2012 Application to Employ Conference with K. Williams (McK) re: Second Supplemental Declaration 0.1 55.00$ Alison Proshan 2/28/2012 Application to Employ Correspondences with M. Khambati (Dewey) and P. Ivanick (Dewey) re: AMR hearing 0.2 110.00$ Alison Proshan 2/29/2012 Application to Employ Review data for monthly fee statement; conference with S. Goldstrom (McK) re: same 2.0 1,100.00$


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AMR Corporation, et al.Expense reimbursement, December 12, 2011 to March 31, 2012Expense detail

Date Employee Name Category Description Amount13-Dec-11 Seth Goldstrom Air Travel Atlanta - Dallas 400.20$ 13-Dec-11 Joseph Schottland Air Travel New York/Dallas/New York 1,203.99$ 14-Dec-11 Seth Goldstrom Air Travel Dallas - Atlanta 400.20$ 15-Dec-11 Seth Walton Air Travel Dallas/Miami 807.57$ 19-Dec-11 Seth Goldstrom Air Travel Atlanta/Dallas 400.22$ 19-Dec-11 Seth Walton Air Travel Atlanta/Dallas/Atlanta 800.43$ 26-Dec-11 John Fisher Air Travel Atlanta/Dallas/Atlanta 800.43$ 27-Dec-11 Seth Walton Air Travel Atlanta/Dallas 400.22$ 29-Dec-11 Joseph Schottland Air Travel Dallas/New York 602.00$ 03-Jan-12 William Kersh Air Travel New York/Dallas 1,397.80$ 05-Jan-12 Joseph Schottland Air Travel Dallas/New York 10.80$ 09-Jan-12 Joseph Schottland Air Travel New York/Dallas 530.77$ 09-Jan-12 Joseph Schottland Air Travel Dallas/Atlanta 400.30$ 12-Jan-12 William Kersh Air Travel Dallas/New York 602.09$ 16-Jan-12 Joseph Schottland Air Travel New York/Dallas/New York 1,204.19$ 16-Jan-12 William Kersh Air Travel New York/Dallas/New York 602.10$ 23-Jan-12 Joseph Schottland Air Travel New York/Dallas/New York 1,204.19$ 23-Jan-12 William Kersh Air Travel New York/Dallas 602.09$ 26-Jan-12 William Kersh Air Travel Dallas/New York/Dallas 1,322.45$ 30-Jan-12 Seth Goldstrom Air Travel Atlanta/Dallas/Atlanta 800.63$ 30-Jan-12 Joseph Schottland Air Travel New York/Dallas 720.35$ 30-Jan-12 Joseph Schottland Air Travel Dallas/New York 602.10$ 01-Feb-12 Joseph Schottland Taxi / Car Services Client - Hotel 14.10$ 01-Feb-12 Joseph Schottland Taxi / Car Services Other - Office 9.30$ 01-Feb-12 Joseph Schottland Taxi / Car Services Home - Airport 74.34$ 01-Feb-12 Joseph Schottland Taxi / Car Services Airport - Client 71.28$ 01-Feb-12 Joseph Schottland Air Travel Dallas-New York-02-01-2012 726.15$ 01-Feb-12 Seth Walton Taxi / Car Services Airport - Home 49.50$ 01-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 13.99$ 01-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.62$ 01-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Home 56.80$ 01-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 5.17$ 01-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 33.50$ 01-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.55$ 01-Feb-12 Naveen Jayasundaram Air Travel Dallas-San francisco-02-01-2012 750.30$ 01-Feb-12 William Kersh Meals 1 - Travel Dining Alone Lunch 7.56$ 01-Feb-12 William Kersh Meals 1 - Travel Dining Alone Breakfast 8.20$ 01-Feb-12 William Kersh Room Rate (May Include Tax) Hotel 220.35$ 01-Feb-12 William Kersh Parking Parking for travel 25.00$ 01-Feb-12 William Kersh Meals 1 - Travel Dining Alone Dinner 50.62$ 02-Feb-12 Seth Goldstrom Telecom Internet while travelling 11.11$ 02-Feb-12 Seth Goldstrom Room Rate (May Include Tax) Hotel 298.95$ 02-Feb-12 Seth Goldstrom Air Travel Atlanta-Dallas-02-02-2012 510.29$ 02-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - J. Schottland (McK) 16.83$ 02-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - K. Williams (McK) 16.83$ 02-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - R. Solomon (AMR) 16.83$ 02-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 16.83$ 02-Feb-12 Joseph Schottland Room Rate (May Include Tax) Hotel 182.85$ 02-Feb-12 Joseph Schottland Air Travel New York-Dallas-02-02-2012 726.15$ 02-Feb-12 David Ebenstein Taxi / Car Services Airport - Client 32.00$ 02-Feb-12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 02-Feb-12 David Ebenstein Air Travel New York-Dallas-02-02-2012 726.15$ 02-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.14$ 02-Feb-12 Seth Walton Taxi / Car Services Home - Airport 45.75$ 02-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 02-Feb-12 Seth Walton Air Travel Atlanta-Dallas-02-02-2012 424.34$ 02-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Home 13.00$ 02-Feb-12 Naveen Jayasundaram Rental Car Rental car for travel 663.27$ 02-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 02-Feb-12 Naveen Jayasundaram Air Travel San Francisco-Dallas-02-02-2012 641.74$ 02-Feb-12 William Kersh Meals 1 - Travel Dining Alone Dinner 14.42$ 02-Feb-12 William Kersh Meals 1 - Travel Dining Alone Breakfast 6.64$ 02-Feb-12 William Kersh Air Travel Dallas-New York-02-02-2012 664.09$ 03-Feb-12 Seth Goldstrom Parking Parking for travel 32.00$ 03-Feb-12 Seth Goldstrom Mileage : Personal Car Airport - Home - 18.87$ 03-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 8.80$ 03-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - H. Parkhill (Rothschild) 8.80$ 03-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - J. Schottland (McK) 8.80$ 03-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - K. Williams (McK) 8.80$

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Date Employee Name Category Description Amount03-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 8.80$ 03-Feb-12 Joseph Schottland Taxi / Car Services Airport - Home 89.32$ 03-Feb-12 Joseph Schottland Taxi / Car Services Client - Airport 24.00$ 03-Feb-12 Joseph Schottland Meals 1 - Travel Dining Alone Breakfast 5.74$ 03-Feb-12 Joseph Schottland Air Travel Dallas/New York-02-03-2012 1,150.80$ 03-Feb-12 David Ebenstein Taxi / Car Services Client - Airport 32.00$ 03-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 14.99$ 03-Feb-12 David Ebenstein Telecom Phone / Internet - wifi on plane, sending files 10.77$ 03-Feb-12 David Ebenstein Taxi / Car Services Home - Airport 111.18$ 03-Feb-12 David Ebenstein Taxi / Car Services Airport - Home 126.48$ 03-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 4.32$ 03-Feb-12 David Ebenstein Taxi / Car Services Airport - Hotel 34.00$ 03-Feb-12 David Ebenstein Air Travel Dallas-New York-02-03-2012 674.09$ 03-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Dinner 27.99$ 03-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 7.42$ 03-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 5.33$ 03-Feb-12 Seth Walton Taxi / Car Services Airport - Home 47.00$ 03-Feb-12 Seth Walton Rental Car Rental car for travel 72.15$ 03-Feb-12 Seth Walton Air Travel Dallas-Atlanta-02-03-2012 424.34$ 03-Feb-12 Aditya Bhatia Taxi / Car Services Home - Airport 40.00$ 03-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 1.61$ 03-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 15.07$ 03-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Home 45.00$ 03-Feb-12 Naveen Jayasundaram Taxi / Car Services Home - Airport 52.45$ 03-Feb-12 Naveen Jayasundaram Rental Car Rental car for travel 73.45$ 03-Feb-12 Naveen Jayasundaram Air Travel Dallas-New York-02-03-2012 664.09$ 03-Feb-12 William Kersh Taxi / Car Services Airport - Home 43.50$ 04-Feb-12 David Dorton Fuel Fuel - Rental Car - gas for rental car 61.00$ 06-Feb-12 Seth Goldstrom Room Rate (May Include Tax) Hotel 264.45$ 06-Feb-12 Joseph Schottland Taxi / Car Services Home - Office 34.95$ 06-Feb-12 Joseph Schottland Meals 3 - Group Outside Office Lunch - Client / Team Discussion - J. Schottland (McK) 19.13$ 06-Feb-12 Joseph Schottland Meals 3 - Group Outside Office Lunch - Client / Team Discussion - M. Schulte 19.13$ 06-Feb-12 Seth Walton Taxi / Car Services Home - Airport 45.00$ 06-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 2.00$ 06-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Irvin (AMR) 16.48$ 06-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - K. Williams (McK) 16.48$ 06-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - N. Jayasundaram (McK) 16.48$ 06-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 16.48$ 06-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 252.00$ 06-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - K. Williams (McK) 51.14$ 06-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 51.14$ 06-Feb-12 Seth Walton Air Travel Atlanta-Dallas-02-06-2012 500.29$ 06-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 53.90$ 06-Feb-12 Naveen Jayasundaram Air Travel Travel to Dallas 1,361.80$ 06-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 06-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 2.91$ 06-Feb-12 Naveen Jayasundaram Taxi / Car Services Home - Airport 29.00$ 06-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 220.35$ 07-Feb-12 Seth Goldstrom Fuel Fuel - Rental Car - fuel 7.77$ 07-Feb-12 Seth Goldstrom Mileage : Personal Car Airport - Home - 18.87$ 07-Feb-12 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 11.88$ 07-Feb-12 Seth Goldstrom Rental Car Rental car for travel 105.89$ 07-Feb-12 Seth Goldstrom Air Travel Dallas-Miami 02-07-2012 560.01$ 07-Feb-12 Evan Van Metre Mileage : Personal Car Home - Airport - 22.20$ 07-Feb-12 Evan Van Metre Taxi / Car Services Airport - Client 25.00$ 07-Feb-12 Evan Van Metre Meals 1 - Travel Dining Alone Breakfast 9.00$ 07-Feb-12 Evan Van Metre Meals 1 - Travel Dining Alone Lunch 12.00$ 07-Feb-12 Evan Van Metre Telecom Internet while travelling 11.11$ 07-Feb-12 Evan Van Metre Room Rate (May Include Tax) Hotel 310.45$ 07-Feb-12 Evan Van Metre Meals 1 - Travel Dining Alone Dinner 50.00$ 07-Feb-12 Evan Van Metre Air Travel Atlanta/Dallas/ORD-02-07-2012 247.90$ 07-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Irvin (AMR) 18.05$ 07-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - J. Schottland (McK) 18.05$ 07-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - K. Williams (McK) 18.05$ 07-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Goldstrom (McK) 18.05$ 07-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 18.05$ 07-Feb-12 Joseph Schottland Meals 1 - Travel Dining Alone Breakfast 8.24$ 07-Feb-12 Joseph Schottland Taxi / Car Services Home - Airport 75.99$ 07-Feb-12 Joseph Schottland Room Rate (May Include Tax) Hotel 194.35$

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Date Employee Name Category Description Amount07-Feb-12 Joseph Schottland Air Travel New York-Dallas-02-07-2012 734.40$ 07-Feb-12 David Dorton Mileage : Personal Car Home - Airport: 16 Miles @.555 rate- One way 8.88$ 07-Feb-12 David Dorton Room Rate (May Include Tax) Hotel 293.20$ 07-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 7.98$ 07-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 252.00$ 07-Feb-12 Naveen Jayasundaram Parking Parking for travel 16.75$ 07-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 07-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 6.22$ 07-Feb-12 Naveen Jayasundaram Parking Parking for travel 12.00$ 07-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.55$ 07-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 220.35$ 08-Feb-12 Evan Van Metre Air Travel Dallas/Atlanta-02-08-2012 567.80$ 08-Feb-12 Joseph Schottland Room Rate (May Include Tax) Hotel 182.85$ 08-Feb-12 Joseph Schottland Meals 1 - Travel Dining Alone Dinner 44.10$ 08-Feb-12 David Dorton Parking Parking for travel 32.00$ 08-Feb-12 David Dorton Rental Car Rental car for travel 130.05$ 08-Feb-12 David Dorton Meals 1 - Travel Dining Alone Breakfast 5.00$ 08-Feb-12 David Dorton Meals 1 - Travel Dining Alone Dinner 16.85$ 08-Feb-12 David Dorton Meals 1 - Travel Dining Alone Lunch 13.98$ 08-Feb-12 David Dorton Mileage : Personal Car Airport - Home - 8.88$ 08-Feb-12 David Dorton Fuel Fuel - Rental Car - gas for rental car 8.76$ 08-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Irvin (AMR) 7.19$ 08-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - K. Williams (McK) 7.19$ 08-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - N. Jayasundaram (McK) 7.19$ 08-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 7.19$ 08-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 7.30$ 08-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Dinner 53.09$ 08-Feb-12 Aditya Bhatia Taxi / Car Services Client - Hotel 30.00$ 08-Feb-12 Aditya Bhatia Taxi / Car Services Hotel - Client 38.50$ 08-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 6.50$ 08-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 40.00$ 08-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 08-Feb-12 Naveen Jayasundaram Parking Parking for travel 12.00$ 08-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 220.35$ 08-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.55$ 09-Feb-12 Keith Williams Other External Report Production - Research for Bankruptcy Client - Copies o 11.21$ 09-Feb-12 Joseph Schottland Meals 1 - Travel Dining Alone Lunch 15.22$ 09-Feb-12 Joseph Schottland Taxi / Car Services Hotel - Client 20.00$ 09-Feb-12 Joseph Schottland Taxi / Car Services Airport - Home 71.28$ 09-Feb-12 Joseph Schottland Taxi / Car Services Client - Airport 62.67$ 09-Feb-12 Joseph Schottland Air Travel Dallas-New York-02-09-2012 732.05$ 09-Feb-12 Seth Walton Taxi / Car Services Airport - Home 50.00$ 09-Feb-12 Seth Walton Air Travel Dallas-Atlanta-02-09-2012 424.34$ 09-Feb-12 Naveen Jayasundaram Rental Car Rental car for travel (4 days) 328.07$ 09-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.77$ 09-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 12.80$ 09-Feb-12 Naveen Jayasundaram Parking Parking for travel 12.00$ 09-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.55$ 09-Feb-12 Naveen Jayasundaram Air Travel Dallas-New York-02-09-2012 782.35$ 10-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 37.95$ 10-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - D. Ebenstein (McK) 37.95$ 10-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Schillinger (AMR) 37.95$ 10-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - K. Williams (McK) 37.95$ 10-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 37.95$ 10-Feb-12 Joseph Schottland Taxi / Car Services Home - Office 23.80$ 10-Feb-12 David Ebenstein Room Rate (May Include Tax) Hotel 135.87$ 10-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 12.63$ 10-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 6.69$ 10-Feb-12 David Ebenstein Taxi / Car Services Home - Airport 119.60$ 10-Feb-12 David Ebenstein Taxi / Car Services Airport - Client 127.50$ 10-Feb-12 David Ebenstein Taxi / Car Services Airport - Home 124.44$ 10-Feb-12 David Ebenstein Taxi / Car Services Airport - Client 28.00$ 10-Feb-12 David Ebenstein Air Travel Miami-Dallas-02-10-2012 655.45$ 10-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 2.03$ 10-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 10.01$ 10-Feb-12 Seth Walton Taxi / Car Services Airport - Home 43.25$ 10-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 243.40$ 10-Feb-12 Seth Walton Air Travel Atlanta-Dallas-02-10-2012 500.29$ 11-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 4.92$

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Date Employee Name Category Description Amount11-Feb-12 David Ebenstein Other Miscellaneous hotel expense 6.00$ 11-Feb-12 David Ebenstein Taxi / Car Services Hotel - Client 25.00$ 11-Feb-12 David Ebenstein Telecom Phone / Internet - internet on flight / in airport 10.77$ 11-Feb-12 David Ebenstein Taxi / Car Services Other - Client 50.00$ 11-Feb-12 David Ebenstein Taxi / Car Services Client - Airport 26.00$ 11-Feb-12 David Ebenstein Air Travel Dallas-New York-02-11-2012 674.09$ 11-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Irvin (AMR) 14.69$ 11-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - D. Ebenstein (McK) 14.69$ 11-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 14.69$ 11-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.17$ 11-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Home 43.00$ 12-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Dinner 34.41$ 12-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 148.35$ 13-Feb-12 Seth Goldstrom Room Rate (May Include Tax) Hotel 321.95$ 13-Feb-12 Seth Goldstrom Parking Parking for travel 11.94$ 13-Feb-12 Joseph Schottland Meals 1 - Travel Dining Alone Breakfast 3.70$ 13-Feb-12 Joseph Schottland Meals 1 - Travel Dining Alone Lunch 11.26$ 13-Feb-12 Joseph Schottland Air Travel Dallas-New York-02-13-2012 622.04$ 13-Feb-12 Joseph Schottland Air Travel New York-Dallas-02-13-2012 726.15$ 13-Feb-12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 13-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 7.99$ 13-Feb-12 David Ebenstein Telecom Phone / Internet - wifi in airport and airplane 9.95$ 13-Feb-12 David Ebenstein Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 32.58$ 13-Feb-12 David Ebenstein Meals 3 - Group Outside Office Dinner - Client / Team Discussion - D. Ebenstein (McK) 32.58$ 13-Feb-12 David Ebenstein Meals 3 - Group Outside Office Dinner - Client / Team Discussion - J. Schottland (McK) 32.58$ 13-Feb-12 David Ebenstein Meals 3 - Group Outside Office Dinner - Client / Team Discussion - N. Jayasundaram (McK) 32.58$ 13-Feb-12 David Ebenstein Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 32.58$ 13-Feb-12 David Ebenstein Air Travel New York-Dallas-02-13-2012 792.35$ 13-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 14.97$ 13-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.71$ 13-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 148.35$ 13-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 13-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 14.74$ 13-Feb-12 Naveen Jayasundaram Taxi / Car Services Home - Airport 43.00$ 13-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 13-Feb-12 Naveen Jayasundaram Air Travel Chicago-Dallas-02-13-2012 584.92$ 14-Feb-12 Seth Goldstrom Fuel Fuel - Rental Car - fuel 4.20$ 14-Feb-12 Seth Goldstrom Rental Car Rental car for travel 88.89$ 14-Feb-12 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 12.04$ 14-Feb-12 Seth Goldstrom Fuel Fuel - Rental Car - fuel 3.40$ 14-Feb-12 Keith Williams Other Market Research - Research - Court documents for bankruptcy client 8.80$ 14-Feb-12 Joseph Schottland Taxi / Car Services Hotel - Client 27.60$ 14-Feb-12 Joseph Schottland Air Travel New York-Dallas-02-14-2012 726.15$ 14-Feb-12 David Dorton Mileage : Personal Car Airport - Home - 8.88$ 14-Feb-12 David Ebenstein Other Miscellaneous hotel expense 2.95$ 14-Feb-12 David Ebenstein Room Rate (May Include Tax) Hotel 182.85$ 14-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 9.18$ 14-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.17$ 14-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 9.28$ 14-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 148.35$ 14-Feb-12 Naveen Jayasundaram Taxi / Car Services Hotel - Client 24.00$ 14-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 17.23$ 14-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.77$ 14-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Home 52.00$ 14-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 14-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 15-Feb-12 Joseph Schottland Air Travel Dallas-New York-02-15-2012 622.04$ 15-Feb-12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 2.95$ 15-Feb-12 David Ebenstein Telecom Phone / Internet - wifi in airport and on plane 10.77$ 15-Feb-12 David Ebenstein Air Travel Dallas-New York-02-15-2012 674.09$ 15-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.70$ 15-Feb-12 Seth Walton Rental Car Rental car for travel 16.69$ 15-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 148.35$ 15-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 24.00$ 15-Feb-12 Naveen Jayasundaram Telecom Phone / Internet - Needed printing and internet at hotel 5.40$ 15-Feb-12 Naveen Jayasundaram Air Travel Dallas-DC-02-15-2012 571.72$ 16-Feb-12 Seth Walton Rental Car Rental car for travel 725.87$ 16-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 10.54$ 16-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.71$

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Date Employee Name Category Description Amount16-Feb-12 Seth Walton Air Travel Dallas-Atlanta-02-16-2012 424.34$ 16-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Home 57.00$ 17-Feb-12 Keith Williams Other Market Research - Bankruptcy documents related to client work. 17.04$ 17-Feb-12 Joseph Schottland Room Rate (May Include Tax) Hotel 129.00$ 17-Feb-12 Joseph Schottland Room Rate (May Include Tax) Room tax 19.35$ 17-Feb-12 David Ebenstein Taxi / Car Services Airport - Home 124.44$ 17-Feb-12 David Ebenstein Taxi / Car Services Home - Airport 124.44$ 18-Feb-12 Joseph Schottland Room Rate (May Include Tax) Hotel 129.00$ 18-Feb-12 Joseph Schottland Room Rate (May Include Tax) Room tax 19.35$ 19-Feb-12 Joseph Schottland Room Rate (May Include Tax) Hotel 129.00$ 19-Feb-12 Joseph Schottland Room Rate (May Include Tax) Room tax 19.35$ 19-Feb-12 Naveen Jayasundaram Taxi / Car Services Home - Airport 57.00$ 19-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 220.35$ 19-Feb-12 Naveen Jayasundaram Air Travel DC-Dallas-02-19-2012 571.72$ 20-Feb-12 Joseph Schottland Room Rate (May Include Tax) Hotel 129.00$ 20-Feb-12 Joseph Schottland Room Rate (May Include Tax) Room tax 19.35$ 20-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 25.00$ 20-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Client 53.00$ 20-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 45.00$ 20-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 220.35$ 20-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 32.77$ 21-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 14.60$ 21-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 2.00$ 21-Feb-12 Seth Walton Taxi / Car Services Home - Airport 43.50$ 21-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 37.15$ 21-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 37.15$ 21-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 21-Feb-12 Seth Walton Air Travel Atlanta-Dallas-02-21-2012 500.29$ 21-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 21-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.56$ 21-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 49.49$ 21-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 81.27$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - G. Scwindinger (AMR) 81.27$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - K. Williams (McK) 81.27$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Dinner - Client / Team Discussion - N. Safran (AMR) 81.27$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Irvin (AMR) 24.95$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - K. Williams (McK) 24.95$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - K Carmody (McK) 24.95$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - N. Jayasundaram (McK) 24.95$ 22-Feb-12 Keith Williams Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 24.95$ 22-Feb-12 Kevin Carmody Meals 1 - Travel Dining Alone Dinner 7.00$ 22-Feb-12 Kevin Carmody Meals 1 - Travel Dining Alone Breakfast 5.21$ 22-Feb-12 Seth Walton Taxi / Car Services Airport - Home 49.50$ 22-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.16$ 22-Feb-12 Seth Walton Telecom Internet while travelling 10.77$ 22-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Dinner 18.16$ 22-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 22-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Irvin (AMR) 25.00$ 22-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Schillinger (AMR) 25.00$ 22-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 25.00$ 22-Feb-12 Naveen Jayasundaram Taxi / Car Services Hotel - Client 53.00$ 22-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.50$ 22-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 22-Feb-12 Naveen Jayasundaram Taxi / Car Services Client - Hotel 25.00$ 22-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 6.35$ 22-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 50.00$ 22-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 182.85$ 23-Feb-12 David Ebenstein Taxi / Car Services Airport - Home 126.48$ 23-Feb-12 Seth Walton Rental Car Rental car for travel 222.67$ 23-Feb-12 Seth Walton Parking Parking for travel 16.23$ 23-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.34$ 23-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 10.26$ 23-Feb-12 Seth Walton Air Travel Dallas-Atlanta-02-23-2012 424.34$ 23-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.57$ 23-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 11.88$ 23-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 19.24$ 23-Feb-12 Naveen Jayasundaram Taxi / Car Services Client - Airport 27.00$ 23-Feb-12 Naveen Jayasundaram Air Travel Dallas-Chicago-02-23-2012 499.56$

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Date Employee Name Category Description Amount24-Feb-12 Kevin Carmody Rental Car Rental car for travel 195.06$ 24-Feb-12 Seth Walton Taxi / Car Services Airport - Home 42.25$ 25-Feb-12 Naveen Jayasundaram Taxi / Car Services Home - Airport 39.05$ 25-Feb-12 Naveen Jayasundaram Taxi / Car Services Airport - Home 26.00$ 27-Feb-12 Keith Williams Other Market Research - Research - court documents for bankruptcy client 11.34$ 27-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 5.23$ 27-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - R. Solomon (AMR) 34.89$ 27-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 34.89$ 27-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 5.92$ 27-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 10.48$ 27-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 27-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 7.10$ 27-Feb-12 Naveen Jayasundaram Taxi / Car Services Home - Airport 27.40$ 27-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 3.02$ 27-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 34.00$ 27-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 194.35$ 28-Feb-12 Keith Williams Meals 3 - Group Outside Office Breakfast - Client / Team Discussion - C. Irvin (AMR) 3.14$ 28-Feb-12 Keith Williams Meals 3 - Group Outside Office Breakfast - Client / Team Discussion - K. Williams (McK) 3.14$ 28-Feb-12 Keith Williams Meals 3 - Group Outside Office Breakfast - Client / Team Discussion - S. Walton (McK) 3.14$ 28-Feb-12 Kevin Carmody Meals 1 - Travel Dining Alone Dinner 4.02$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Irvin (AMR) 21.82$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - C. Schillinger (AMR) 21.82$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - N. Jayasundaram (McK) 21.82$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - R. Solomon (AMR) 21.82$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 21.82$ 28-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.78$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 31.83$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - J. Schottland (McK) 31.83$ 28-Feb-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 31.83$ 28-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 28-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 9.04$ 28-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 29.30$ 28-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 194.35$ 28-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 28.00$ 28-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 29.54$ 29-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 7.34$ 29-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Dinner 7.00$ 29-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 2.45$ 29-Feb-12 Seth Walton Rental Car Rental car for travel 209.95$ 29-Feb-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.98$ 29-Feb-12 Seth Walton Room Rate (May Include Tax) Hotel (252.00)$ 29-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 9.71$ 29-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Lunch 15.18$ 29-Feb-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 33.22$ 29-Feb-12 Naveen Jayasundaram Room Rate (May Include Tax) Hotel 194.35$ 01-Mar-12 Kevin Carmody Meals 1 - Travel Dining Alone Dinner 28.02$ 01-Mar-12 Seth Walton Parking Parking for travel 12.26$ 01-Mar-12 Seth Walton Air Travel Dallas / Salt Lake City-03-01-2012 841.55$ 01-Mar-12 Naveen Jayasundaram Rental Car Rental car for travel 297.24$ 01-Mar-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Breakfast 6.50$ 01-Mar-12 Naveen Jayasundaram Meals 1 - Travel Dining Alone Dinner 32.00$ 02-Mar-12 Kevin Carmody Meals 1 - Travel Dining Alone Breakfast 4.28$ 02-Mar-12 Seth Walton Taxi / Car Services Airport - Home 44.00$ 06-Mar-12 Kevin Carmody Meals 1 - Travel Dining Alone Dinner 15.00$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - K. Williams (McK) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - Homer Parkhill (Roths) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - Keri Dixon (Roths) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - Matt Chou (Roths) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - Hark Bedy (Roths) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - James Queen (Roths) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - Cathy Schillinger (AMR) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - Joe Schottland (McK) 44.26$ 07-Mar-12 Kevin Carmody Meals 3 - Group Outside Office Dinner - Client / Team Discussion - K Carmody (McK) 44.26$ 07-Mar-12 Kevin Carmody Meals 1 - Travel Dining Alone Breakfast 3.01$ 07-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 22.98$ 07-Mar-12 Seth Walton Parking Parking for travel 9.59$ 07-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 1.83$ 07-Mar-12 Seth Walton Parking Parking for travel 25.00$

6 of 7




Date Employee Name Category Description Amount07-Mar-12 Seth Walton Room Rate (May Include Tax) Hotel 236.17$ 07-Mar-12 Naveen Jayasundaram Telecom Phone / Internet - Wi-fi connection 15.00$ 08-Mar-12 Kevin Carmody Meals 1 - Travel Dining Alone Lunch 11.98$ 08-Mar-12 Joseph Schottland Room Rate (May Include Tax) Hotel 209.00$ 08-Mar-12 Joseph Schottland Room Rate (May Include Tax) Room tax 27.17$ 08-Mar-12 Seth Walton Rental Car Rental car for travel 152.04$ 08-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.82$ 09-Mar-12 Seth Walton Parking Parking for travel 32.00$ 11-Mar-12 Seth Goldstrom Room Rate (May Include Tax) Hotel 205.85$ 12-Mar-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Goldstrom (McK) 18.39$ 12-Mar-12 Seth Walton Meals 3 - Group Outside Office Lunch - Client / Team Discussion - S. Walton (McK) 18.39$ 12-Mar-12 Seth Walton Taxi / Car Services Home - Airport 43.00$ 12-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.38$ 12-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 6.92$ 12-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.83$ 12-Mar-12 Seth Walton Room Rate (May Include Tax) Hotel 228.85$ 13-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.49$ 13-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.16$ 13-Mar-12 Seth Walton Room Rate (May Include Tax) Hotel 228.85$ 13-Mar-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - C. Irvin (AMR) 52.83$ 13-Mar-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - M. Thomas (AMR) 52.83$ 13-Mar-12 Seth Walton Meals 3 - Group Outside Office Dinner - Client / Team Discussion - S. Walton (McK) 52.83$ 13-Mar-12 Naveen Jayasundaram Taxi / Car Services Airport - Hotel 49.00$ 13-Mar-12 Naveen Jayasundaram Taxi / Car Services Hotel - Airport 50.00$ 14-Mar-12 Seth Goldstrom Room Rate (May Include Tax) Hotel 205.85$ 14-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.17$ 14-Mar-12 Seth Walton Rental Car Rental car for travel 170.10$ 14-Mar-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 15-Mar-12 Seth Goldstrom Meals 1 - Travel Dining Alone Lunch 13.91$ 15-Mar-12 Seth Goldstrom Rental Car Rental car for travel 89.33$ 15-Mar-12 Seth Goldstrom Fuel Fuel - Rental Car - fuel 5.21$ 15-Mar-12 Joseph Schottland Meals 1 - Travel Dining Alone Breakfast 4.87$ 15-Mar-12 David Ebenstein Meals 1 - Travel Dining Alone Breakfast 12.40$ 15-Mar-12 David Ebenstein Meals 1 - Travel Dining Alone Lunch 16.77$ 15-Mar-12 David Ebenstein Telecom Phone / Internet - Wifi in airport/plane 10.77$ 15-Mar-12 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal - D. Ebenstein (McK) 22.44$ 15-Mar-12 Seth Walton Meals 3 - Group Outside Office Dinner - Travel Meal - S. Walton (McK) 22.44$ 15-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.18$ 16-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.00$ 17-Mar-12 Seth Walton Taxi / Car Services Airport - Home 49.50$ 19-Mar-12 Seth Walton Taxi / Car Services Airport - Home (49.50)$ 20-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.80$ 20-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Dinner 37.36$ 20-Mar-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$ 21-Mar-12 Seth Walton Parking Parking for travel 32.00$ 21-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.16$ 21-Mar-12 Seth Walton Rental Car Rental car for travel 139.43$ 22-Mar-12 David Ebenstein Taxi / Car Services Home - Airport 124.44$ 22-Mar-12 David Ebenstein Taxi / Car Services Airport - Home 110.41$ 23-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.21$ 23-Mar-12 Seth Walton Taxi / Car Services Airport - Client 35.00$ 23-Mar-12 Seth Walton Taxi / Car Services Client - Airport 35.00$ 23-Mar-12 Seth Walton Taxi / Car Services Home - Airport 43.00$ 24-Mar-12 Joseph Schottland Room Rate (May Include Tax) Hotel 199.00$ 24-Mar-12 Joseph Schottland Parking Parking for travel 27.00$ 24-Mar-12 Joseph Schottland Room Rate (May Include Tax) Room tax 25.87$ 24-Mar-12 Seth Walton Taxi / Car Services Airport - Home 49.50$ 27-Mar-12 Seth Walton Taxi / Car Services Home - Airport 45.00$ 27-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 4.21$ 28-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 8.42$ 28-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Breakfast 3.17$ 28-Mar-12 Seth Walton Meals 1 - Travel Dining Alone Lunch 1.25$ 29-Mar-12 Seth Walton Room Rate (May Include Tax) Hotel 182.85$


7 of 7



AMR Corporation, et al.

Case hours, March 1, 2012 to March 31, 2012

Travel time at 50%


Seth Goldstrom 3/1/2012 Business Analysis Call with S. Flicker (Paul Hastings ) to discuss 1113 timeline 0.1 89.50$

Seth Goldstrom 3/1/2012 Business Analysis Call with C. Irvin to discuss next steps 0.1 89.50$

Evan Van Metre 3/1/2012 Business Analysis Call with A. Dichter (McK) J. Schottland (McK) and D. Ebenstein (McK) re: preparations for

1113 filings at the directions of counsel

0.6 537.00$

Alex Dichter 3/1/2012 Business Analysis Call with E. Van Metre (McK), J. Schottland (McK) and D. Ebenstein (McK) re: preparations for


0.6 570.00$

Joe Schottland 3/1/2012 Business Analysis Call with A. Dichter (McK) D. Ebenstein (McK) and E. Van Metre (McK) re: preparations for


0.6 429.00$

David Ebenstein 3/1/2012 Business Analysis Revise Dichter 1113 declaration at the direction of counsel 2.8 1,540.00$

David Ebenstein 3/1/2012 Business Analysis Update supporting analyses for Alex Dichter 1113 declaration at the direction of counsel 1.7 935.00$

David Ebenstein 3/1/2012 Business Analysis Call with A. Dichter (McK) J. Schottland (McK) and E. Van Metre (McK) re: preparations for


0.6 330.00$

David Ebenstein 3/1/2012 Business Analysis Review and revise 1113 comments from AMR and Paul Hastings 0.5 275.00$

David Ebenstein 3/1/2012 Business Analysis Correspondence with A. Dichter re: declaration at direction of counsel 0.4 220.00$

David Ebenstein 3/1/2012 Business Analysis Correspondence with Paul Hastings re: preparations for 1113 filings at the directions of

counsel

0.2 110.00$

Naveen Jayasundaram 3/1/2012 Business Analysis Updated slides with results from top 250 market analysis for codeshares 1.4 455.00$

Naveen Jayasundaram 3/1/2012 Business Analysis Discussion with C Irvin (AMR) on checking results against other analysis 0.4 130.00$

Naveen Jayasundaram 3/1/2012 Business Analysis Integrated separate data sheets for codeshare and carrier comparison analysis 1.9 617.50$

Naveen Jayasundaram 3/1/2012 Business Analysis Updated pivot tables in analysis to combine DL + NW markets 1.6 520.00$

Joe Schottland 3/2/2012 Business Analysis Discussion with N Jayasundaram (McK) on revenue forecasts results and methodology 0.7 500.50$

David Ebenstein 3/2/2012 Business Analysis Discussion with N Jayasundaram (McK) on outstanding items in AMR‐McK declaration at

direction of counsel

0.8 440.00$

Naveen Jayasundaram 3/2/2012 Business Analysis Updated checked list of city pairs based on revised analysis and sorting 1.4 455.00$

Naveen Jayasundaram 3/2/2012 Business Analysis Discussion with D Ebenstein (McK) on outstanding items in AMR‐McK declaration at direction

of counsel

0.8 260.00$

Naveen Jayasundaram 3/2/2012 Business Analysis Reviewed draft Dichter declaration at direction of counsel for items 1.7 552.50$

Naveen Jayasundaram 3/2/2012 Business Analysis Summarized impact of cost savings from fleet investments, corresponded with D Ebenstein

(McK)

1.9 617.50$

Naveen Jayasundaram 3/2/2012 Business Analysis Discussed non‐labor cost savings with A Bhatia (McK), summarized for inclusion in declaration

at direction of counsel

1.8 585.00$

Naveen Jayasundaram 3/2/2012 Business Analysis Discussion with J Schottland (McK) on revenue forecasts results and methodology 0.7 227.50$

Guenter Fuchs 3/2/2012 Business Analysis Schedule data analysis 1.0 200.00$

Seth Goldstrom 3/3/2012 Business Analysis Review draft declaration at direction of counsel 0.3 268.50$

Seth Goldstrom 3/4/2012 Business Analysis Call with J. Schottland (McK) and S. Walton (McK) to discuss key analyses and priorities for the

week

0.3 268.50$

Joe Schottland 3/4/2012 Business Analysis Call with S. Goldstrom (McK) and S. Walton (McK) to discuss key analyses and priorities for

the week

0.3 214.50$

David Ebenstein 3/4/2012 Business Analysis Review A. Dichter edits on Dichter declaration at direction of counsel, provide comments and

additional edits, create charts/analyses, re‐send document to A. Dichter

3.1 1,705.00$

Seth Walton 3/4/2012 Business Analysis Call with J. Schottland (McK) and S. Goldstrom (McK) to discuss key analyses and priorities for

the week

0.3 150.00$

Kevin Carmody 3/5/2012 Business Analysis Call with S. Walton (McK) to discuss restructuring process and priorities for the week 0.5 350.00$

Joe Schottland 3/5/2012 Business Analysis Review capacity share presentation 1.0 715.00$

Joe Schottland 3/5/2012 Business Analysis Review and edit materials on AMR market share 0.7 500.50$

Joe Schottland 3/5/2012 Business Analysis Call with S. Goldstrom (McK) and S. Walton (McK) to discuss priorities for the week 0.3 214.50$

Joe Schottland 3/5/2012 Business Analysis Review updates and edits to the capacity share analysis 0.5 357.50$

Seth Walton 3/5/2012 Business Analysis Complete new version of capacity analysis and discuss with C Irvin (AMR) 3.1 1,550.00$

Seth Walton 3/5/2012 Business Analysis Draft charts for capacity share analysis 1.5 750.00$

Seth Walton 3/5/2012 Business Analysis Call with N Jayasundaram (McK) to discuss updates and edits to the capacity share analysis 1.0 500.00$

Seth Walton 3/5/2012 Business Analysis Review and edit market share analysis 1.0 500.00$

Seth Walton 3/5/2012 Business Analysis Call with J. Schottland (McK) and S. Goldstrom (McK) to discuss priorities for the week 0.3 150.00$

Seth Walton 3/5/2012 Business Analysis Update call with Kevin Carmody (McK) to discuss restructuring process and priorities for the

week

0.5 250.00$

Seth Walton 3/5/2012 Business Analysis Draft email and call with N Safran (AMR) to clarify documents required for APA due diligence

response

0.4 200.00$

Naveen Jayasundaram 3/5/2012 Business Analysis Call with S Walton (McK) to discuss updates to carrier capacity analysis 1.0 325.00$

Naveen Jayasundaram 3/5/2012 Business Analysis Checked analysis to include geographies requested by C Irvin (AMR) 1.9 617.50$

Naveen Jayasundaram 3/5/2012 Business Analysis Recreated ex‐codeshare charts based on top 250 markets 2.3 747.50$

Seth Goldstrom 3/6/2012 Business Analysis Check in call with S. Walton (McK) and J. Schottland (McK) to discuss market share analysis 0.2 179.00$

Kevin Carmody 3/6/2012 Business Analysis Review draft 1113 declaration of Alex Dichter at direction of counsel 1.2 840.00$

Kevin Carmody 3/6/2012 Business Analysis Call with M.Chou (Rothschild) and J.Queen (Rothschild) to discuss claims analysis 0.3 210.00$

Joe Schottland 3/6/2012 Business Analysis Review labor due diligence request related to network and regional 0.8 572.00$

Joe Schottland 3/6/2012 Business Analysis Discussion with N Jaysundaram (McK) on revenue forecasts results and methodology 0.7 500.50$

Joe Schottland 3/6/2012 Business Analysis Check in call with S. Walton (McK) and S. Goldstrom (McK) to discuss market share analysis 0.2 143.00$

1 of 10





Travel time at 50%


Seth Walton 3/6/2012 Business Analysis Review A. Dichter draft 1113 declaration at direction of counsel and provide feedback on

appropriate data sources for various exhibits

1.9 950.00$

Seth Walton 3/6/2012 Business Analysis Update network 3.0 analysis and provide summary to Ryan Solomon (AMR) 1.6 800.00$

Seth Walton 3/6/2012 Business Analysis Consolidated market share analysis and other analysis into single presentation 1.2 600.00$

Seth Walton 3/6/2012 Business Analysis Edit "departures per day" analysis based on codeshare vs no codeshare and resend to N

Jayasundaram (McK)

1.1 550.00$

Seth Walton 3/6/2012 Business Analysis Consolidated previous network coverage analyses; and send to C Irvin 1.0 500.00$

Seth Walton 3/6/2012 Business Analysis Draft labor DD response for P Quayle (AMR) re. regional revenue 1.1 550.00$

Seth Walton 3/6/2012 Business Analysis Call with N Jayasundaram (McK) to discuss edits to market share analysis 0.7 350.00$

Seth Walton 3/6/2012 Business Analysis Call with C Irvin (AMR) to discuss latest market share analysis 0.6 300.00$

Seth Walton 3/6/2012 Business Analysis Check in call with S. Goldstrom (McK) and J. Schottland (McK) to discuss market share analysis 0.2 100.00$

Naveen Jayasundaram 3/6/2012 Business Analysis Call with S. Walton (McK) to discuss edits to market share analysis 0.7 227.50$

Naveen Jayasundaram 3/6/2012 Business Analysis Created presentation to show segments 1.9 617.50$

Naveen Jayasundaram 3/6/2012 Business Analysis Manual sanity check on regional departures as part of comparitive carrier analysis 2.0 650.00$

Naveen Jayasundaram 3/6/2012 Business Analysis Discussion with J Schottland (McK) on revenue forecasts results and methodology 0.7 227.50$

Evan Van Metre 3/7/2012 Business Analysis Review of draft Dichter declaration at the declaration of counsel 1.0 895.00$

Joe Schottland 3/7/2012 Business Analysis Dichter declaration edits at the direction of counsel 2.5 1,787.50$

David Ebenstein 3/7/2012 Business Analysis Work on Dichter 1113 draft declaration at direction of counsel, incorporate edits from various

sources

2.7 1,485.00$

David Ebenstein 3/7/2012 Business Analysis Update analysis on historical RASM trends 0.9 495.00$

Seth Walton 3/7/2012 Business Analysis Update network 3.0 analysis and provide summary to R. Solomon (AMR) 1.6 800.00$

Seth Walton 3/7/2012 Business Analysis Draft response to Michael Oestreich (AMR) on competitive analysis 0.8 400.00$

Seth Walton 3/8/2012 Business Analysis Email exchange with N Jayasundaram (McK) on updates to market share and yield analyses 0.3 150.00$

Seth Goldstrom 3/9/2012 Business Analysis Review draft Dichter declaration at direction of counsel 0.3 268.50$

Joe Schottland 3/9/2012 Business Analysis Conference call with C Irvin (AMR) and S. Walton (McK) on plan for next Wednesday 0.6 429.00$

David Ebenstein 3/9/2012 Business Analysis Call with Seth Walton (McK) re: yield inflation 0.4 220.00$

David Ebenstein 3/9/2012 Business Analysis Revise draft Dichter 1113 declaration at direction of counsel 0.4 220.00$

David Ebenstein 3/9/2012 Business Analysis Email correspondence with Paul Hastings re. 1113 declaration progress and next steps 0.3 165.00$

Seth Walton 3/9/2012 Business Analysis Organize and send an end of week update email to C Irvin (AMR) 0.8 400.00$

Seth Walton 3/9/2012 Business Analysis Conference call with C Irvin (AMR) and J Schottland (McK) on plan for next Wednesday 0.6 300.00$

Seth Walton 3/9/2012 Business Analysis Compile and send latest market share and various other diligence items to C Irvin (AMR) 0.6 300.00$

Seth Walton 3/9/2012 Business Analysis Call with D.Ebenstein (McK) to review yield inflation 0.4 200.00$

Joe Schottland 3/11/2012 Business Analysis Conf Call with S. Walton (McK) to prepare for AMR call 0.8 572.00$

Seth Walton 3/11/2012 Business Analysis Conf Call with J. Schottland (McK) to prepare for AMR call 0.8 400.00$

Seth Walton 3/11/2012 Business Analysis Update draft of "unit profitability" presentation and send to C Irvin (AMR) and J Schottland

(McK)

1.2 600.00$

Seth Walton 3/11/2012 Business Analysis Communicate with AD Bhatia (McK) on completion factors and seasonality assumptions

associated with network 3.0

0.7 350.00$

Seth Walton 3/11/2012 Business Analysis Call with S. Iverson (AMR) to explain completion factors and seasonality assumptions

associated with network 3.0

0.6 300.00$

Seth Goldstrom 3/12/2012 Business Analysis Weekly adviser call 0.5 447.50$

Evan Van Metre 3/12/2012 Business Analysis Review of Dichter declaration and AMR declarations at the direction of counsel 1.5 1,342.50$

Kevin Carmody 3/12/2012 Business Analysis Participate in weekly AMR status call 0.5 350.00$

Joe Schottland 3/12/2012 Business Analysis Review draft "network implementation" presentation with Patrick Quayle, C Irvin, and others

from AMR and S. Walton (McK)

2.1 1,501.50$

Seth Walton 3/12/2012 Business Analysis Consolidated updates to "network implementation" presentation, proofread, and send to

AMR (C Irvin, R Solomon)

2.2 1,100.00$

Seth Walton 3/12/2012 Business Analysis Review draft "network implementation" presentation with Patrick Quayle, C Irvin, and others

from AMR and J. Schottland (McK)

2.1 1,050.00$

Seth Walton 3/12/2012 Business Analysis Update "unit profitability" presentation and send to R. Solomon (AMR) 1.2 600.00$

Seth Walton 3/12/2012 Business Analysis Update draft of "unit profitability" presentation to include "growth based analysis" from Ryan

Solomon

1.4 700.00$

Seth Walton 3/12/2012 Business Analysis Discuss timing of 1113 declaration process with AMR (C Irvin) and update McK team 0.4 200.00$

John Fisher 3/12/2012 Business Analysis CASM time series analysis 0.6 150.00$

John Fisher 3/12/2012 Business Analysis Capacity share analysis of selected carriers in cornerstone cities 1.6 400.00$

Evan Van Metre 3/13/2012 Business Analysis Review of various declarations at the directions of counsel 1.2 1,074.00$

Joe Schottland 3/13/2012 Business Analysis Review and comment on network analysis for due diligence requests 1.5 1,072.50$

Joe Schottland 3/13/2012 Business Analysis Conf call with S. Walton (McK) regarding latest versions of Network and Unit revenue

presentations

0.5 357.50$

David Ebenstein 3/13/2012 Business Analysis Revisions to Dichter 1113 declaration at the direction of counsel 2.4 1,320.00$

David Ebenstein 3/13/2012 Business Analysis Organize backup materials for Dichter declaration at the direction of counsel 1.4 770.00$

David Ebenstein 3/13/2012 Business Analysis Preparations for 1113 filings at the directions of counsel 1.0 550.00$

David Ebenstein 3/13/2012 Business Analysis Review cost benchmarking analysis to incorporate into 1113 declaration preparations at the


0.8 440.00$

David Ebenstein 3/13/2012 Business Analysis Email correspondence with Paul Hastings re. 1113 declaration progress and next steps 0.3 165.00$

Seth Walton 3/13/2012 Business Analysis Conf call with J. Schottland (McK) regarding latest versions of Network and Unit revenue

presentations

0.5 250.00$

2 of 10





Travel time at 50%


Seth Walton 3/13/2012 Business Analysis Incorporate updates to "network implementation" presentation 1.4 700.00$

Seth Walton 3/13/2012 Business Analysis Incorporate company's comments to "unit profitability" presentation 1.1 550.00$

Seth Walton 3/13/2012 Business Analysis Call with McK team (Ebenstein, Goldstrom, others) to discuss Dichter 1113 declaration

preparation at the direction of counsel

1.0 500.00$

Seth Walton 3/13/2012 Business Analysis Consolidate and send backup market share data to P Quayle (AMR) for "network

implementation" presentation

0.9 450.00$

Seth Walton 3/13/2012 Business Analysis Follow up discussion with R Solomon (AMR) on drivers of non‐labor, non‐fuel cost increases 0.6 300.00$

Seth Walton 3/13/2012 Business Analysis Correspondence with S Morris (AMR) re: network implementation 0.6 300.00$

Seth Walton 3/13/2012 Business Analysis Meet with P Quayle and M Vanette (AMR) to discuss network implementation 0.5 250.00$

David Ebenstein 3/14/2012 Business Analysis Preparations for 1113 filings at the directions of counsel 1.7 935.00$

Seth Walton 3/14/2012 Business Analysis Review "yield inflation" file with C Irvin (AMR), revise presentation and send to N Safran (AMR) 0.9 450.00$

John Fisher 3/14/2012 Business Analysis Correspondence to J Schottland (McK) regarding public industry data sources for book away 0.3 75.00$

Seth Goldstrom 3/15/2012 Business Analysis Meeting with Rothschild, C. Irvin (AMR), B. Goulet (AMR), C Shillinger (AMR), and J. Schottland

(McK), S. Walton (McK) and D. Ebenstein (McK) to discuss declaration preparations at the


1.1 984.50$

Seth Goldstrom 3/15/2012 Business Analysis Reviewing draft declarations at direction of counsel 1.0 895.00$

Joe Schottland 3/15/2012 Business Analysis Court declaration meeting with AMR restructuring team and Walton (McK), Goldstrom (McK)

and Ebenstein (McK)

1.1 786.50$

Joe Schottland 3/15/2012 Business Analysis Review financial model with C. Irvin (AMR) 1.1 786.50$

Joe Schottland 3/15/2012 Business Analysis Preparation for court declaration meeting at direction of counsel 0.8 572.00$

Joe Schottland 3/15/2012 Business Analysis Source operating statistics for model inputs 0.5 357.50$

David Ebenstein 3/15/2012 Business Analysis Review 1113 declarations with AMR (B. Goulet, C. Irvin, et al) and Paul Hastings (in person in

Dallas and on conference call)

2.0 1,100.00$

David Ebenstein 3/15/2012 Business Analysis Meeting with Rothschild, C. Irvin (AMR), B. Goulet (AMR), C Shillinger (AMR), and J. Schottland

(McK), S. Walton (McK) and S. Goldstrom (McK) to discuss declaration preparations at the


1.1 605.00$

David Ebenstein 3/15/2012 Business Analysis Review Dichter 1113 with S. Walton (McK) at direction of counsel 0.5 275.00$

Seth Walton 3/15/2012 Business Analysis Meeting with Rothschild, C. Irvin (AMR), B. Goulet (AMR), C Shillinger (AMR), and J. Schottland

(McK), D. Ebenstein (McK) and S. Goldstrom (McK) to discuss declaration preparations at the


1.1 550.00$

Seth Walton 3/15/2012 Business Analysis Review of A Dichter 1113 declaration at direction of counsel with D Ebenstein (McK) 0.5 250.00$

John Fisher 3/16/2012 Business Analysis Analysis of regional industry jet operating cost data and search for public info on capacity

purchase agreements

1.1 275.00$

John Fisher 3/16/2012 Business Analysis Correspondence with S Walton (McK) regarding industry fleet growth model 1.3 325.00$

Seth Goldstrom 3/18/2012 Business Analysis Reviewing case related emails 0.2 179.00$

David Ebenstein 3/18/2012 Business Analysis Update Dichter 1113 declaration at direction of counsel, incorporate comments A. Dichter

(McK)

2.4 1,320.00$


Joe Schottland 3/19/2012 Business Analysis Conf call with C. Irvin (AMR) on declarations and overlaps 0.7 500.50$

Joe Schottland 3/19/2012 Business Analysis Follow up conf call with C. Irvin (AMR) and S. Walton (McK), D. Ebenstein (McK) re declaration

document at direction of counsel

0.5 357.50$

Joe Schottland 3/19/2012 Business Analysis Call to review OA fleet / capacity analysis with S. Walton (McK) 0.6 429.00$

Joe Schottland 3/19/2012 Business Analysis Conf call with Seth Walton on approach to M&E meeting 0.5 357.50$

David Ebenstein 3/19/2012 Business Analysis Update Dichter 1113 declaration at direction of counsel, incorporate comments from

attorneys

2.0 1,100.00$

David Ebenstein 3/19/2012 Business Analysis Complete regional flying analysis for 1113 at direction of counsel 1.2 660.00$

David Ebenstein 3/19/2012 Business Analysis Follow up conf call with C. Irvin (AMR) and S. Walton (McK), J. Schottland (McK) re declaration

document prep at direction of counsel

0.5 275.00$

David Ebenstein 3/19/2012 Business Analysis Correspondence with Paul Hastings 0.5 275.00$

David Ebenstein 3/19/2012 Business Analysis Correspondence with McK Legal re: Dichter declaration preparation at direction of counsel 0.4 220.00$

David Ebenstein 3/19/2012 Business Analysis Update charts in 1113 declaration at direction of counsel 0.4 220.00$

Seth Walton 3/19/2012 Business Analysis Analysis and emails for D Ebenstein (McK) re. Dichter 1113 supporting data / footnotes at


0.9 450.00$

Seth Walton 3/19/2012 Business Analysis Email responses re. headcount and labor finance questions 0.6 300.00$

Seth Walton 3/19/2012 Business Analysis Call to review OA fleet / capacity analysis with J. Schottland (McK) 0.6 300.00$

Seth Walton 3/19/2012 Business Analysis Finalize OA fleet / capacity presentation 0.7 350.00$

Seth Walton 3/19/2012 Business Analysis Conf call with J Schottland (McK) on approach to M&E meeting 0.5 250.00$

Seth Walton 3/19/2012 Business Analysis Call to review OA fleet / capacity analysis with C Irvin 0.5 250.00$

Seth Walton 3/19/2012 Business Analysis Follow up conf call with C. Irvin (AMR) and D. Ebenstein (McK), D. Ebenstein (McK) re

declaration document preparation at direction of counsel

0.5 250.00$

Seth Walton 3/19/2012 Business Analysis Phone conversation with R Solomon (AMR) re. Compass Lexecon headcount and labor finance

questions

0.4 200.00$

Jason Holt 3/19/2012 Business Analysis Analysis of legacy carrier strength among top corporate travel accounts 3.0 600.00$

Seth Goldstrom 3/20/2012 Business Analysis Call with D. Ebenstein (McK), S. Walton (McK) and Paul Hastings to discuss 1113 declaration at


0.5 447.50$

Seth Goldstrom 3/20/2012 Business Analysis Reviewing case related emails 0.1 89.50$

Evan Van Metre 3/20/2012 Business Analysis Review of Dichter declaration at direction of counsel 1.0 895.00$

Joe Schottland 3/20/2012 Business Analysis Read and review of Kasper declaration at direction of counsel 1.5 1,072.50$


3 of 10





Travel time at 50%


David Ebenstein 3/20/2012 Business Analysis Call with S. Goldstrom (McK), S. Walton (McK) and Paul Hastings re: 1113 declarations at


0.5 275.00$

Seth Walton 3/20/2012 Business Analysis Additional analysis to respond to labor diligence question (Fuel) 1.1 550.00$

Seth Walton 3/20/2012 Business Analysis Provide input into latest labor diligence responses 0.8 400.00$

Seth Walton 3/20/2012 Business Analysis Provide additional backup / footnote detail for Dichter 1113 document at direction of counsel 0.8 400.00$

Seth Walton 3/20/2012 Business Analysis Initial preparation for American Eagle DD meeting on Friday 0.9 450.00$

Seth Walton 3/20/2012 Business Analysis Review Dichter 1113 declaration at direction of counsel following latest edits 0.6 300.00$

Seth Walton 3/20/2012 Business Analysis Correspond with N Safran (AMR) (and analysis) to determine proper charts to use in Dichter

1113 declaration at direction of counsel

0.6 300.00$

Seth Walton 3/20/2012 Business Analysis Call with Compass Lexecon and AMR (Solomon, Moesner) re. labor assumptions 0.5 250.00$

Seth Walton 3/20/2012 Business Analysis Call with D Ebenstein (McK), S. Goldstrom (McK) and Paul Hastings re. Dichter 1113 prep at


0.5 250.00$

Seth Walton 3/20/2012 Business Analysis Correspond with C Irvin (AMR) and E Parsons (AMR) to schedule revenue model meeting 0.4 200.00$

Seth Walton 3/20/2012 Business Analysis Draft original M&E presentation based on review of Schottland notes and internal documents 2.3 1,150.00$

Seth Walton 3/20/2012 Business Analysis Continue review of Dichter 1113 declaration at direction of counsel 0.3 150.00$

John Fisher 3/20/2012 Business Analysis Analysis of industry mainline and regional capacity 0.7 175.00$

John Fisher 3/20/2012 Business Analysis Correspondence with S Walton (McK) re: maintenance outsourcing precedents 1.2 300.00$

Guenter Fuchs 3/20/2012 Business Analysis Research on airline maintenance outsourcing 1.0 200.00$

Jason Holt 3/20/2012 Business Analysis Analysis of ASMs by operating carrier for major origins/destinations 2.0 400.00$

Evan Van Metre 3/21/2012 Business Analysis Preparations for 1113 filings at the directions of counsel 0.3 268.50$

Alex Dichter 3/21/2012 Business Analysis Correspondence with D. Ebenstein re: declaration at direction of counsel 0.3 285.00$

Kevin Carmody 3/21/2012 Business Analysis Meet with C. Irvin (AA) for status update. 0.8 560.00$

Joe Schottland 3/21/2012 Business Analysis Conf call with C. Irvin (AMR) on language in Kasper declaration at direction of counsel 0.5 357.50$

David Ebenstein 3/21/2012 Business Analysis Dichter 1113 declaration preparations at the directions of counsel 2.2 1,210.00$

David Ebenstein 3/21/2012 Business Analysis Review updated FAA report, update relevant charts 0.5 275.00$

David Ebenstein 3/21/2012 Business Analysis Call with N. Safran (AMR) to discuss process for coordinating charts across 1113 declarations

at direction of counsel

0.4 220.00$


Seth Walton 3/21/2012 Business Analysis Review Dichter and other 1113 declarations for redactions / comments at direction of counsel 2.5 1,250.00$

Seth Walton 3/21/2012 Business Analysis Meeting to review revenue model structure and details with AA RM team (Parsons, Irvin,

Yogesh, Ela, Marcus)

1.9 950.00$

Seth Walton 3/21/2012 Business Analysis Email conversation with P Quayle and team (AMR) and subsequent data acquisition for

regional data in declaration

1.2 600.00$

Seth Walton 3/21/2012 Business Analysis Additional analysis and email to D Ebenstein (McK) re. Dichter 1113 supporting data /

footnotes at direction of counsel

1.1 550.00$

Seth Goldstrom 3/22/2012 Business Analysis Conference call with D. Ebenstein and A. Dichter (McK) to discuss 1113 declaration

preparations at the directions of counsel (partial attendance)

0.3 268.50$

Seth Goldstrom 3/22/2012 Business Analysis Correspondance with team on next steps 0.1 89.50$

Alex Dichter 3/22/2012 Business Analysis Conference call with D. Ebenstein (McK) and S. Goldstrom (McK ‐ partial attendance) to

discuss 1113 declaration preparations at the directions of counsel (partial attendance)

1.2 1,140.00$

Joe Schottland 3/22/2012 Business Analysis Review Eagle business plan documents and presentations 2.1 1,501.50$

Joe Schottland 3/22/2012 Business Analysis Call with AMR (C Irvin, P Quayle), Paul Hastings (S Flicker), and McK (D Ebenstein, S. Walton)

to discuss various declarations

0.8 572.00$

David Ebenstein 3/22/2012 Business Analysis Review Vahidi and Goulet 1113 declarations at direction of counsel, provide comments

identify confidential info/redactions

1.8 990.00$

David Ebenstein 3/22/2012 Business Analysis Call with AMR (C Irvin, P Quayle), Paul Hastings (S Flicker), and McK (J. Schottland, S. Walton)

to discuss various declarations at direction of counsel

1.6 880.00$

David Ebenstein 3/22/2012 Business Analysis Conference call with S. Goldstrom (McK ‐ partial attendance) and A. Dichter (McK) to discuss

1113 declaration preparations at the directions of counsel

1.2 660.00$

David Ebenstein 3/22/2012 Business Analysis Review Rothschild 1113 declaration at direction of counsel 1.1 605.00$

David Ebenstein 3/22/2012 Business Analysis Call with C. Irvin (AMR) re: Dichter confidentiality/redactions at direction of counsel 0.6 330.00$

David Ebenstein 3/22/2012 Business Analysis Revise appendix to Dichter 1113 declaration at direction of counsel 0.6 330.00$

David Ebenstein 3/22/2012 Business Analysis Upload McKinsey charts and footnotes to Weil share site 0.5 275.00$

Seth Walton 3/22/2012 Business Analysis Correspond with R Solomon (AMR) and subsequent data acquisition on fleet ownership costs 1.3 650.00$

Seth Walton 3/22/2012 Business Analysis Review American Eagle "BPM Guide" (business plan model documentation) in preparation for

Eagle model meeting tomorrow

1.3 650.00$

Seth Walton 3/22/2012 Business Analysis Call with AMR (C Irvin, P Quayle), Paul Hastings (S Flicker), and McK (D Ebenstein, J Schottland)

to discuss various declarations at direction of counsel

1.6 800.00$

Seth Walton 3/22/2012 Business Analysis Review American Eagle background documents in preparation for Eagle model meeting 1.1 550.00$

Seth Walton 3/22/2012 Business Analysis Create initial draft of Dichter 1113 declaration (supporting documents) at direction of counsel 0.9 450.00$

Evan Van Metre 3/23/2012 Business Analysis Review of Dichter declaration edits at direction of counsel 0.5 447.50$

Alex Dichter 3/23/2012 Business Analysis Review of 1113 preparations at the directions of counsel 0.5 475.00$

Joe Schottland 3/23/2012 Business Analysis Eagle business model review meeting 2.0 1,430.00$

4 of 10





Travel time at 50%


Seth Walton 3/23/2012 Business Analysis Attend American Eagle model meeting with AMR (C Irvin, R Solomon, various other Eagle

attendees) and various Eagle labor groups and advisors

1.2 600.00$

Seth Walton 3/23/2012 Business Analysis Discuss labor codeshare diligence question (Irvin, Thomas, Caple from AMR) 1.0 500.00$

Seth Walton 3/23/2012 Business Analysis Review final materials for Eagle model meeting with C Irvin (AMR) 0.8 400.00$

Seth Walton 3/23/2012 Business Analysis Provide responses to labor supplemental diligence request (first 2 questions) 0.8 400.00$

Seth Walton 3/23/2012 Business Analysis Discuss sources for Dichter 1113 declaration (Safran from AMR) at direction of counsel 0.5 250.00$

David Ebenstein 3/24/2012 Business Analysis Incorporate edits into revised 1113 draft at direction of counsel 1.2 660.00$

David Ebenstein 3/24/2012 Business Analysis Call with C. Irvin (AMR) re: additional 1113 edits at direction of counsel 0.5 275.00$

David Ebenstein 3/24/2012 Business Analysis Call with S. Walton re: 1113 preparation at the directions of counsel 0.5 275.00$

Seth Walton 3/24/2012 Business Analysis Call with D Ebenstein (McK) to discuss additional edits to Dichter 1113 declaration

preparations at the directions of counsel

0.5 250.00$

Seth Goldstrom 3/26/2012 Business Analysis Review declaration preparations at the directions of counsel 0.6 537.00$


Kevin Carmody 3/26/2012 Business Analysis Review draft 1113 declarations at direction of counsel 1.3 910.00$

Seth Walton 3/26/2012 Business Analysis Consolidate supporting analyses into revenue model and send to AMR team (E Parsons et al) 2.9 1,450.00$

Seth Walton 3/26/2012 Business Analysis Organize 1113 supporting files for sharing with PH, etc. 0.8 400.00$

Seth Walton 3/26/2012 Business Analysis Update labor diligence response based on feedback from A. Caple (AMR) 0.7 350.00$

Seth Walton 3/26/2012 Business Analysis Follow up with Rothschild on labor diligence items 0.4 200.00$

Seth Walton 3/26/2012 Business Analysis Correspond with PH on 1113 issues 0.4 200.00$

Seth Walton 3/26/2012 Business Analysis Additional edits to labor response on codeshare 0.5 250.00$

Kevin Carmody 3/27/2012 Business Analysis Review 1113 materials and proposed timeline at direction of counsel 1.2 840.00$

Kevin Carmody 3/27/2012 Business Analysis Meet with H. Parkhill and M. Chou (Rothschild) and AA tax personnel to discuss data requests

for plan of reorganization

0.7 490.00$

David Ebenstein 3/27/2012 Business Analysis Develop new charts re: regional jets and codeshare for 1113 declaration at direction of

counsel

1.1 605.00$

David Ebenstein 3/27/2012 Business Analysis Call with Paul Hastings re: backup material for Dichter 1113 declaration at direction of counsel 0.6 330.00$

David Ebenstein 3/27/2012 Business Analysis Call with S. Walton re: backup material for Dichter 1113 at direction of counsel 0.4 220.00$

Seth Walton 3/27/2012 Business Analysis Discuss next week schedule and deliverables with C Irvin (AMR) 0.8 400.00$

Seth Walton 3/27/2012 Business Analysis Call with PH on Dichter 1113 declaration at direction of counsel 0.5 250.00$

Seth Walton 3/27/2012 Business Analysis Call with D Ebenstein on Dichter 1113 declaration at direction of counsel 0.4 200.00$

Seth Walton 3/27/2012 Business Analysis Review updated labor diligence questions 0.3 150.00$

Seth Walton 3/27/2012 Business Analysis Scheduling of follow up revenue model meeting with revenue management 0.2 100.00$

Seth Goldstrom 3/28/2012 Business Analysis Conf call with C. Irvin (AMR), J. Schottland (McK) and S. Walton (McK) on current work and

next steps

1.0 895.00$

Joe Schottland 3/28/2012 Business Analysis Conf call with C. Irvin (AMR), S. Goldstrom (McK) and S. Walton (McK) on current work and

next steps

1.0 715.00$

Seth Walton 3/28/2012 Business Analysis Compile and send additional 1113 documents to P Hastings 1.8 900.00$

Seth Walton 3/28/2012 Business Analysis Consolidate labor responses and send to N Safran (AMR) 1.2 600.00$

Seth Walton 3/28/2012 Business Analysis Complete labor response on seat size and discuss with C Irvin (AMR) 1.1 550.00$

Seth Walton 3/28/2012 Business Analysis Call with C Irvin (AMR), S Goldstrom (McK), A Dichter (McK) and J Schottland (McK) on current

work and next steps

1.0 500.00$

Seth Goldstrom 3/29/2012 Business Analysis Call with S Walton (McK), J Schottland (McK), A Dichter (McK), and C Irvin (AMR) on next steps 1.0 895.00$

Alex Dichter 3/29/2012 Business Analysis Call with S Goldstrom (McK), J Schottland (McK), S. Walton (McK), and C Irvin (AMR) on next

steps

1.0 950.00$

Joe Schottland 3/29/2012 Business Analysis Call with S Goldstrom (McK), S Walton (McK), A Dichter (McK), and C Irvin (AMR) on next steps 1.0 715.00$

David Ebenstein 3/29/2012 Business Analysis Call with Paul Hastings re: 1113 declarations at direction of counsel 0.7 385.00$

Seth Walton 3/29/2012 Business Analysis Draft revenue model guide (strategic elements) including organizing of supporting files 2.9 1,450.00$

Seth Walton 3/29/2012 Business Analysis Draft revenue model guide (market‐based) including organizing of support files 2.3 1,150.00$

Seth Walton 3/29/2012 Business Analysis Meet with C Irvin (AMR) and AMR rev mgm't team on revenue model 2.0 1,000.00$

Seth Walton 3/29/2012 Business Analysis Call with S Goldstrom (McK), J Schottland (McK), A Dichter (McK), and C Irvin (AMR) on next

steps

1.0 500.00$

Seth Walton 3/29/2012 Business Analysis Assist company staff in analysis at the request of C. Irvin (AMR) 2.4 1,200.00$

Seth Walton 3/29/2012 Business Analysis Refine analysis with updated schedule data 2.9 1,450.00$

Total Business Analysis 241.5 130,067.00$

5 of 10





Travel time at 50%


Joe Schottland 3/1/2012 Creditor Interaction Model review meeting with UCC 2.0 1,430.00$

Joe Schottland 3/5/2012 Creditor Interaction Conference call with AMR team (Goulet, Irvin, Butler, Schubert, etc.) and S. Walton (McK) to

discuss approach to answering additional diligence questions from Moelis and Mesirow

1.1 786.50$

Joe Schottland 3/5/2012 Creditor Interaction Call with C Irvin (AMR) and S. Walton (McK) to discuss specific analyses required for Moelis

and Mesirow diligence questions

0.6 429.00$

Seth Walton 3/5/2012 Creditor Interaction Conference call with AMR team (Goulet, Irvin, Butler, Schubert, etc.) and J. Schottland (McK)

to discuss approach to answering additional diligence questions from Moelis and Mesirow

1.1 550.00$

Seth Walton 3/5/2012 Creditor Interaction Call with C Irvin (AMR) and J. Schottland (McK) to discuss specific analyses required for Moelis

and Mesirow diligence questions

0.9 450.00$

Joe Schottland 3/6/2012 Creditor Interaction Discuss industry data needed for new M&M due diligence requests (with J. Fisher McK) 1.0 715.00$

Joe Schottland 3/6/2012 Creditor Interaction Call with J. Fisher (McK) and S. Walton (McK) to discuss potential analyses to support Moelis

and Mesirow DD response

0.7 500.50$

Joe Schottland 3/6/2012 Creditor Interaction Call with S. Walton (McK) and C Irvin (AMR) to discuss latest market share analysis and

potential follow ups for Moelis and Mesirow

0.7 500.50$

Seth Walton 3/6/2012 Creditor Interaction Call with J. Fisher (McK) and J. Schottland (McK) to discuss potential analyses to support

Moelis and Mesirow DD response

0.7 350.00$

Seth Walton 3/6/2012 Creditor Interaction Call with J Schottland (McK) and C Irvin (AMR) to discuss latest market share analysis and

potential follow ups for Moelis and Mesirow

0.7 350.00$

John Fisher 3/6/2012 Creditor Interaction Discuss industry data needed for new M&M due diligence requests (with J. Schottland McK) 1.0 250.00$

John Fisher 3/6/2012 Creditor Interaction Call with S. Walton (McK) and J. Schottland (McK) to discuss potential outside‐in analyses to

support Moelis and Mesirow DD response

0.7 175.00$

Kevin Carmody 3/7/2012 Creditor Interaction Review business plan materials in preparation for meeting on 3/7/12 with the creditors and

Jefferies.

2.1 1,470.00$

Joe Schottland 3/7/2012 Creditor Interaction Develop draft response to labor due diligence request 1.0 715.00$

Seth Walton 3/7/2012 Creditor Interaction Assemble and organize "yield inflation" file for APFA DD request 2.2 1,100.00$

Seth Walton 3/7/2012 Creditor Interaction Draft responses the three APFA DD questions 2.1 1,050.00$

Seth Walton 3/7/2012 Creditor Interaction Assemble and organize "gauge regression" file for APFA DD request 1.0 500.00$

Kevin Carmody 3/8/2012 Creditor Interaction Participate in diligence meeting with the UCC, members of the AMR management team,

Rothschild, J. Schottland (McK), and Seth Walton (McK)

4.4 3,080.00$

Kevin Carmody 3/8/2012 Creditor Interaction Participate in diligence meeting with D. Akins (Flight Attendants Advisor), Jefferies, Rothschild,

members of the AMR management team, J. Schottland (McK), and S. Walton (McK)

2.1 1,470.00$

Kevin Carmody 3/8/2012 Creditor Interaction Meet with B. Goulet (AMR), C. Irvin (AMR), H. Parkhill (Rothschild) and J. Schottland

(McKinsey) to discuss diligence meetings.

0.5 350.00$

Joe Schottland 3/8/2012 Creditor Interaction Participate in diligence meeting with the UCC, members of the AMR management team,

Rothschild, J. Schottland (McK), and Seth Walton (McK)

4.4 3,146.00$

Joe Schottland 3/8/2012 Creditor Interaction Participate in diligence meeting with D. Akins (Flight Attendants Advisor), Jefferies, Rothschild,

members of the AMR management team, K. Carmody (McK), and S. Walton (McK)

2.1 1,501.50$

Joe Schottland 3/8/2012 Creditor Interaction Meet with B. Goulet (AMR), C. Irvin (AMR), H. Parkhill (Rothschild) and K. Carmody (McKinsey)

to discuss diligence meetings.

0.5 357.50$

Seth Walton 3/8/2012 Creditor Interaction Participate in diligence meeting with the UCC, members of the AMR management team,

Rothschild, J. Schottland (McK), and K Carmody (McK)

4.4 2,200.00$

Seth Walton 3/8/2012 Creditor Interaction Participate in diligence meeting with D. Akins (Flight Attendants Advisor), Jefferies, Rothschild,

members of the AMR management team, K. Carmody (McK), and J. Schottland (McK)

2.1 1,050.00$

Seth Walton 3/8/2012 Creditor Interaction Finalize and send creditors due diligence request to C Irvin (AMR) 0.8 400.00$

Seth Walton 3/8/2012 Creditor Interaction Update network summary analysis for APFA diligence request 0.7 350.00$

Seth Walton 3/8/2012 Creditor Interaction Update market share presentation for APA diligence response 0.8 400.00$

Kevin Carmody 3/9/2012 Creditor Interaction Participate in diligence call with AMR management team, Rothschild, Moelis and Mesirow, S.

Walton (McK) and J. Schottland (McK).

1.1 770.00$

Joe Schottland 3/9/2012 Creditor Interaction Call with AMR team (C Irvin, B Goulet et al) Rothschild team, S. Walton (McK), and K. Carmody

(McK) to discuss plan for next Wednesday's diligence session with Moelis and Mesirow

1.1 786.50$

Seth Walton 3/9/2012 Creditor Interaction Call with AMR team (C Irvin, B Goulet et al) and Rothschild team, K. Carmody (McK) and J

Schottland (McK) to discuss plan for next Wednesday's diligence session with Moelis and

Mesirow

1.1 550.00$

Seth Walton 3/9/2012 Creditor Interaction Follow up with Rothschild on posting labor and creditors DD documents 1.0 500.00$

Joe Schottland 3/11/2012 Creditor Interaction Call with C Irvin (AMR) and S. Walton (McK) on prep plan for Wed session with Moelis and

Mesirow

0.7 500.50$

Seth Walton 3/11/2012 Creditor Interaction Call with C Irvin (AMR) and J Schottland (McK) on prep plan for Wed session with Moelis and

Mesirow

0.7 350.00$

Seth Walton 3/13/2012 Creditor Interaction Preparation for upcoming Mesirow and Moelis presentations on "unit profitability", "network

implementation", and "JBA accounting" (C Irvin, R Solomon, P Quayle, M Thomas from AMR)

2.2 1,100.00$

Kevin Carmody 3/14/2012 Creditor Interaction Participate in diligence call with Moelis and Mesirow with AMR management team,

Rothschild, Moelis, Mesirow, J. Schottland (McK) and S. Walton (Mck) ‐‐ partial attendance

4.3 3,010.00$

6 of 10





Travel time at 50%


Joe Schottland 3/14/2012 Creditor Interaction Meeting with Moelis and Mesirow and various AMR personnel (C Irvin, R Solomon, M

Thomas, etc.) K. Carmody (McK ‐ partial attendance) and S. Walton (McK) on due diligence

topics including "unit profitability" and "network implementation

3.1 2,216.50$



topics including "JBA accounting" and "merchandising"

3.4 2,431.00$



topics including "regional strategy"

1.2 858.00$

Joe Schottland 3/14/2012 Creditor Interaction Preparation for M&M due diligence 0.5 357.50$

Seth Walton 3/14/2012 Creditor Interaction Meeting with Moelis and Mesirow and various AMR personnel (C Irvin, R Solomon, M

Thomas, etc.) K. Carmody (McK ‐ partial attendance) and J. Schottland (McK) on due diligence

topics including "unit profitability" and "network implementation

3.1 1,550.00$



topics including "JBA accounting" and "merchandising"

3.4 1,700.00$



topics including "regional strategy"

1.2 600.00$

Seth Walton 3/14/2012 Creditor Interaction Discussion with N Safran (AMR) on labor due diligence responses 0.6 300.00$

Joe Schottland 3/15/2012 Creditor Interaction Meeting with Moelis and Mesirow and various AMR personnel (C Irvin, R Solomon) and S.

Walton (McK) on various due diligence topics including "MRO implementation" and

"benchmarking"

3.0 2,145.00$

Seth Walton 3/15/2012 Creditor Interaction Meeting with Moelis and Mesirow and various AMR personnel (C Irvin, R Solomon) and J

Schottland (McK) on various due diligence topics including "MRO implementation" and

"benchmarking"

3.0 1,500.00$

Seth Walton 3/15/2012 Creditor Interaction Meeting with P Quayle and C Irvin (AMR) on assignment of follow‐up items from Moelis and

Mesirow meetings

0.6 300.00$

Seth Walton 3/16/2012 Creditor Interaction Continue follow‐up analysis for M&M on OA fleet / capacity assumptions 2.2 1,100.00$

Seth Walton 3/16/2012 Creditor Interaction Conference call re. pension update with various UCC advisors 1.1 550.00$

Seth Walton 3/19/2012 Creditor Interaction Modify OA fleet / capacity presentation for Moeles and Mesirow based on conversation with

C Irvin (AMR)

1.4 700.00$

Seth Walton 3/19/2012 Creditor Interaction Update OA fleet / capacity analysis (for M&M) 1.3 650.00$

Seth Walton 3/19/2012 Creditor Interaction Create OA fleet / capacity analysis presentation for Moelis and mesirow 0.8 400.00$

Kevin Carmody 3/26/2012 Creditor Interaction Meeting to discuss American Eagle business plan with UCC advisors, Rothschild, AA personnel

and S. Walton (McK)

2.2 1,540.00$

Seth Walton 3/26/2012 Creditor Interaction Meeting to discuss American Eagle business plan with UCC advisors, Rothschild, AA personnel

and K. Carmody (McK)

2.2 1,100.00$

Seth Walton 3/26/2012 Creditor Interaction Draft initial response to labor diligence question on codeshare local vs. flow 1.1 550.00$

Seth Walton 3/27/2012 Creditor Interaction Eagle model meeting with UCC, and union advisors and AMR representatives (C Irvin, R

Solomon)

3.0 1,500.00$

Seth Walton 3/27/2012 Creditor Interaction Review updated creditor diligence questions 0.3 150.00$

Seth Walton 3/28/2012 Creditor Interaction Call with C Irvin et al (AMR) and creditor advisors on due diligence clarification 1.0 500.00$

Seth Walton 3/29/2012 Creditor Interaction Review suggested creditor topics for discussion 0.4 200.00$

Joe Schottland 3/30/2012 Creditor Interaction Review talkng points for creditor meeting 2.0 1,430.00$

Seth Walton 3/30/2012 Creditor Interaction Draft initial response to creditor's question on select initiatives 1.2 600.00$

Seth Walton 3/30/2012 Creditor Interaction Draft initial response to creditor question on capacity growth 1.1 550.00$

Seth Walton 3/30/2012 Creditor Interaction Call with C Irvin (AMR) to discuss potential responses for creditor discussion topics 0.6 300.00$

Seth Walton 3/30/2012 Creditor Interaction Call with C Irvin and M Thomas (AMR) to discuss approach to remaining creditor discussion

topics

0.6 300.00$


7 of 10





Travel time at 50%


Joe Schottland 3/1/2012 Travel Travel from LGA to DFW 2.0 1,430.00$

Joe Schottland 3/1/2012 Travel Travel from DFW to LGA 1.8 1,251.25$

Naveen Jayasundaram 3/1/2012 Travel Travel from Dallas to NYC 2.5 812.50$

Kevin Carmody 3/6/2012 Travel Travel from ORD to DFW 1.5 1,050.00$

Joe Schottland 3/7/2012 Travel Travel to DFW 2.0 1,430.00$

Seth Walton 3/7/2012 Travel Travel from Atlanta to Dallas 2.3 1,125.00$

Kevin Carmody 3/8/2012 Travel Travel from DFW to ORD 1.5 1,050.00$

Joe Schottland 3/8/2012 Travel Travel from DFW to LGA 1.8 1,251.25$

Seth Walton 3/8/2012 Travel Travel from Dallas to Atlanta 2.3 1,125.00$



Seth Goldstrom 3/14/2012 Travel Travel from Atlanta to Dallas AMR HQ 2.0 1,790.00$

Seth Goldstrom 3/15/2012 Travel Travel from Dallas to Atlanta 1.8 1,566.25$

David Ebenstein 3/15/2012 Travel Travel from NY to Dallas 1.5 825.00$

David Ebenstein 3/15/2012 Travel Travel from Dallas to LAS 1.1 577.50$


Joe Schottland 3/16/2012 Travel Travel from DFW to LAX 1.8 1,251.25$






Joe Schottland 3/23/2012 Travel Travel from DFW to ROC 2.5 1,787.50$

Seth Walton 3/23/2012 Travel Travel from Dallas to Atlanta 1.5 750.00$






Total Travel 55.3 34,007.50$

8 of 10





Travel time at 50%


Alison Proshan 3/1/2012 Administrative Review time records for monthly fee statement; correspondences with S. Goldstrom (McK)

and K. Williams (McK) re: same

2.0 1,100.00$

Ryan Froelich 3/1/2012 Administrative Collect and review January time entries for fee app 2.5 750.00$

Alison Proshan 3/2/2012 Administrative Review time records and correspond with R. Froelich (McK) re: format 1.0 550.00$

Alison Proshan 3/2/2012 Administrative Correspondence with P. Ivanick (Dewey) re: time records 0.1 55.00$

Ryan Froelich 3/2/2012 Administrative Summarize January time entries 1.8 540.00$

Alison Proshan 3/5/2012 Administrative Review draft monthly fee statement; correspond with M. Khambati (Dewey) re: same 1.0 550.00$

Ryan Froelich 3/5/2012 Administrative Aggregate CST time entries 1.5 450.00$

Alison Proshan 3/6/2012 Administrative Review and finalize monthly fee statement 2.0 1,100.00$

Ryan Froelich 3/6/2012 Administrative Collect February time entries and summarize entries 2.8 840.00$

Ryan Froelich 3/7/2012 Administrative Prepare January summary time detail 1.6 480.00$

Ryan Froelich 3/8/2012 Administrative Review and comment on detailed February time entries 2.3 690.00$

Ryan Froelich 3/9/2012 Administrative Review detailed January expense items 1.3 390.00$

Alison Proshan 3/12/2012 Administrative Review January time sheets 1.0 550.00$

Ryan Froelich 3/12/2012 Administrative Support to team on invoice 2.5 750.00$


Ryan Froelich 3/13/2012 Administrative Aggregate February time entries into master database 2.2 660.00$

Alison Proshan 3/14/2012 Administrative Correspondences with R. Froelich re: time sheets 0.5 275.00$

Alison Proshan 3/14/2012 Administrative Correspondence with H. Aaronson and M. Khambati (Dewey) re: fee statements 0.2 110.00$

Ryan Froelich 3/14/2012 Administrative Continued to review and support team on January invoice 1.7 510.00$


Ryan Froelich 3/15/2012 Administrative Incorporate feedback into January invoice 2.9 870.00$


Ryan Froelich 3/16/2012 Administrative Check master time entries versus individual entries and reconcile differences with the team 2.5 750.00$


Ryan Froelich 3/19/2012 Administrative Reconcile airfare expenses 3.3 990.00$

Ryan Froelich 3/20/2012 Administrative Work with team to incorporate latest time entries into the February invoice 2.5 750.00$

Ryan Froelich 3/21/2012 Administrative Work with team on January and February time entries 2.0 600.00$

Ryan Froelich 3/22/2012 Administrative Draft jan invoice pleading 1.5 450.00$

Ryan Froelich 3/23/2012 Administrative Draft February invoice pleading 1.6 480.00$

Ryan Froelich 3/26/2012 Administrative Revise January pleading and invoice detail 1.5 450.00$

Seth Walton 3/27/2012 Administrative Review Jan and Feb fee applications and incorporate Carmody and Froelich edits 1.2 600.00$

Ryan Froelich 3/27/2012 Administrative Revise February invoice pleading and detail 2.0 600.00$

Seth Walton 3/28/2012 Administrative Revise fee application expense detail 2.1 1,050.00$

Seth Walton 3/28/2012 Administrative Follow up on fee application details 1.1 550.00$

Seth Walton 3/28/2012 Administrative Clarify airline expense data on fee application 0.4 200.00$

Alison Proshan 3/29/2012 Administrative Review February time sheets 1.0 550.00$

Seth Walton 3/29/2012 Administrative Final updates to fee application expense; send to K Carmody 0.6 300.00$

Seth Walton 3/29/2012 Administrative Correspond with McK accounting (Santos, Lyons) on expense finalization 0.2 100.00$

Alison Proshan 3/30/2012 Administrative Review and finalize January and February monthly fee statements 1.5 825.00$

Alison Proshan 3/30/2012 Administrative Correspondences with H. Aaronson and M. Khambati (Dewey) to prepare monthly fee

statements for filing with court

0.8 440.00$

Alison Proshan 3/30/2012 Administrative Conferences with H. Aaronson to coordinate fee statement filing 0.5 275.00$

Total Administrative 61.4 23,490.00$

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Travel time at 50%


Amber Unkraut 3/19/2012 Application to Employ Created new RTS team clean excel sheet and tracked responses 1.0 100.00$

Amber Unkraut 3/19/2012 Application to Employ R&I request for new IP list search 0.3 30.00$

Amber Unkraut 3/19/2012 Application to Employ Follow up correspondence with team 0.3 30.00$

Amber Unkraut 3/20/2012 Application to Employ Update team tracking sheet with responses 1.0 100.00$

Amber Unkraut 3/21/2012 Application to Employ FPIS search for IP list ‐ 3 month check in 2.0 200.00$







10 of 10



Documents

MCKINSEY RECOVERY& TRANSFORMATION SERVICES U.S., LLC, MCKINSEY