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senior vice president of American Airlines, told employees in a letter. "I know many of you are worried that the pension benefits you have worked for will be lost and you will have no retirement ...
American Airlines ... its pension plans in recent months. The company was supposed to pay $100 million quarterly, but only put in $6.5 million. Last week the company sent a letter to employees ...
American Airlines ... Retirement Benefits: On November 1, the Defined Benefit pension plans and the pilot B Plan will be frozen; within the next few days, plan participants will receive a letter ...
The head of the PBGC, John Gotbaum, said the airline must show that terminating its pension plans is the only way it can reorganize. American Airlines ... Tom Horton sent a letter to all employees ...
NEW YORK (CNNMoney) -- American Airlines retreated Wednesday ... senior vice president of human resources, in a letter to employees. Freezing pension plans is a cost-saving measure for companies ...
AMR Corp., parent of American ... letter to employees on Wednesday. The airline has not changed plans to eliminate some 13,000 jobs. Pilots, who are typically high-paid and would suffer deep ...
Despite what American Airlines says, the Pension Benefit Guaranty Corp. thinks the airline's workers should be worried about their pensions. Responding to a letter that American executives sent to ...
American Airlines will freeze its four defined benefit pension plans in November, according to a letter to airline employees from Denise Lynn, senior vice president-people. To be frozen on Nov. 1 ...
DALLAS (AP) — American Airlines is trying to reassure employees that most of them will get full pensions even if the company terminates its retirement plans in bankruptcy. In a letter to ...
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