American Airlines (Dallas/Fort Worth) is facing a new round of questioning in the bankruptcy court to further explain the large $19.9 million severance package afforded to departing CEO Tom Horton. According to this report by Reuters, Trustee Tracy Hope Davis is asking the carrier to explain the large settlement and also the “sweeping changes” to its employee pay programs under the Chapter 11 bankruptcy reorganization.
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Top Copyright Photo: Brian Peters. Boeing 777-323 ER N717AN (msn 31543) arrives at the large Dallas-Fort Worth International Airport hub.
Bottom Copyright Photo: American Airlines. Outgoing AA CEO Tom Horton.