Dear Brothers and Sisters, The following 1113 term sheets were provided to the TWU Negotiating Committees. Although narrow, we will do our best to mitigate the proposals. We are planning to review the Company’s Business plan with our attorneys and the financial analysts hired by President Little. The savings that the Company has proposed is…
Day: February 1, 2012
Letter from: Thomas W. Horton Chairman and Chief Executive Officer Feb.1, 2012
Dear American Team: American Airlines Several weeks into our restructuring process we continue to make progress on a comprehensive plan to restore American to industry leadership, profitability, and growth. From my travels around the system and talking with so many of our folks, I know the fierce commitment we all share to making American a…
Today’s the day of the bad news at AMR, American Airlines and American Eagle
This from: Dallas News Here’s what we expect, in general: Around 10 a.m., chairman, president and CEO Tom Horton will begin describing the company’s business plan for reorganization as he meets with leaders of the Allied Pilots Association, Association of Professional Flight Attendants and Transport Workers Union. Beverly Goulet, vice president, treasurer and chief restructuring officer,…