American Airlines (Dallas/Fort Worth) is facing resistance from the Department of Justice according to this report by Reuters. The DOJ is opposing American Airlines’ Chapter 11 reorganization plan to pay outgoing CEO Tom Horton $19.9 million in severance pay (the CEO that got AA into bankruptcy). The unions have opposed this large payout after being asked to give back on salaries and benefits.
Read the full article: CLICK HERE
In other news by Reuters, American Airlines is warning regulators that any requirement to give up certain airport slots could lead to a reduction in service to smaller markets from slot-controlled airports. American Airlines and US Airways (Phoenix) are seeking a merger approval to build the world’s largest airline.
Read the full article: CLICK HERE
Copyright Photo: Marcelo F. De Biasi.ย American Eagle Airlines‘ (2nd) Bombardier CRJ700 (CL-600-2C10) N508AE (msn 10072) climbs away from Washington’s Reagan National Airport, one airport that could see a reduction in slots for the merged carrier.

You must be logged in to post a comment.