You had asked about last week’s order out of the bankruptcy court and whether it meant that the retirees were going to win and keep their medical insurance. The bottom line is that the order did not say that; on the other hand, it did not tell American that it could simply wipe out the…
Tag: Judge Lane
FYI – Yesterday’s APA Bankruptcy Court Decision
Following up on yesterday’s bankruptcy court decision on the APA’s contract being abrogated in the Dallas Morning News blog and the Article referencing that the Creditors Committee statement that “American Airlines must have a pilots deal before leaving bankruptcy” (also below). First, the comment about needing an agreement with the pilots to exit bankruptcy was…