Washington, Jan 25 – Today, Congressman John Sullivan met with American Airlines CEO Tom Horton, to discuss issues surrounding the companies bankruptcy filing. “We had a productive meeting – American Airlines is the largest private employer in Oklahoma, and big part of the Tulsa community. I appreciate him taking the time to speak with me so…
Day: January 31, 2012
At a Time When Information is Critical
We, at Local 514, receive information on a daily basis. We hear from members on the floor, retirees, line stations, and even emails from Pilots and Flight Attendants. When reporting information, we have an obligation to you, our brothers and sisters of this local, to put out the facts. I can guarantee that as soon…
PBGC files liens on American assets as the carrier didn’t make its full pension payment in Jan.
The Pension Benefit Guaranty Corp. said it has placed liens on some of American Airlines’ assets in Texas and overseas since the carrier did not make its full $100 million pension payment due in January. The agency said it filed over 70 liens, totalling $91.7 million, on behalf of the four pension plans that American…