jimntx
Veteran
Jim,
AA would have to pay retirement benefits one way or the other - at least based on what every other peer does in the industry. Dumping the DB plans for defined contribution plans may not reduce AA's costs at all - or not that much.
Of course the longer the stock market stays in the toilet, the more costly DB plans become.
Note the smiley face. What I posted is commonly referred to as a joke--an (evidently unsuccessful) attempt at humor.