AA Bankruptcy Update Dear Brothers and Sisters: As we all know, the AMR bankruptcy has exacerbated an already difficult time for our members. TWU recognizes the anxiety and fear inflicted by their actions on you and your families. Be assured, we are taking all actions possible to protect your job, your wages and benefits. On…
Day: February 4, 2012
AMR and the return of the bare-knuckled bankruptcy Read more: AMR and the return of the bare-knuckled bankruptcy – The Deal Pipeline
These are some clippings from the article: They (Companies) gab with unions that represent their workers and creditors and banks that hold their debt. Some even put out press releases telling the world just how well they’re doing. It ordered $38 billion worth of planes four months before submitting its Chapter 11 petition — hardly…