And the beat goes on!

[MCI transplant]

Latest from the New York Times: http://www.nytimes.com/reuters/2012/11/14/business/14reuters-americanairlines-creditors.html?src=busln

 

[jimntx]

Creditors get 70%, AMR executives get 30%, employees get squat. Sounds like the perfect plan to me! (Well, other than we probably need to cut employee wages and benefits again...just to be sure.)

 

[pit_needs_help]

Maybe it is time to walk away? Amr cost is already higher than planned when they entered with payroll and percentage of airline going to employees.

 

[NYer]

Employees are a Creditor...that's where the Equity comes from.

 

[Bob Owens]

Executives are employees

 

[MCI transplant]

Here;s more of AA's B.S.! http://www.forbes.com/sites/edwardsiedle/2012/11/14/conflicts-abound-at-american-airlines-pension-and-401k-plans/?partner=yahootix