kirkpatrick
Veteran
DOW JONES NEWSWIRES
American Airlines parent AMR Corp. (AMR) said Friday it approved a 1.5% salary increase for officers and American Airlines employees, and disclosed that Chief Executive Gerard J. Arpey got a $5.6 million compensation package for 2006.
The salary increase is effective for all American employees on the company's U.S. payroll and for executives as of May 1, according to the company's quarterly report filed with the Securities and Exchange Commission.
Does anyone know if this is something new in addition to the 1.5% scheduled to happen on May 1, or did the press just pick up on the raise that was supposed to occur anyway?
MK
American Airlines parent AMR Corp. (AMR) said Friday it approved a 1.5% salary increase for officers and American Airlines employees, and disclosed that Chief Executive Gerard J. Arpey got a $5.6 million compensation package for 2006.
The salary increase is effective for all American employees on the company's U.S. payroll and for executives as of May 1, according to the company's quarterly report filed with the Securities and Exchange Commission.
Does anyone know if this is something new in addition to the 1.5% scheduled to happen on May 1, or did the press just pick up on the raise that was supposed to occur anyway?
MK