Tag: Tom Horton

Paid To Fail: Bankrupt American Airlines CEO Slated For $20 Million Severance

SOURCE: gnom.es national news service But alas, after further reading, I returned to my normal state of cynicism when learning of new deca-million dollar bonuses paid to corporate managers.  Perched high on bench in his lower Manhattan courtroom, U.S. Bankruptcy judge Sean Lane sang the praises of the proposed AMR Corp. (parent of American Airlines) and U.S. Airways…

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…