Thursday, April 24, 2014
Inquirer Daily News

UPDATED: Federal pension agency puts American on notice

The most recent development in the AMR bankruptcy case involves a sharp public warning issued yesterday by the head of the federal Pension Benefit Guaranty Corp. to the company: Do not use Chapter 11 to evade pension obligations. Here is a long, detailed story that includes background on the airline and its troubles.

UPDATED: Federal pension agency puts American on notice

The most recent development in the AMR bankruptcy case involves a sharp public warning issued yesterday by the head of the federal Pension Benefit Guaranty Corp. to the company: Do not use Chapter 11 to evade pension obligations. Here is a long, detailed story that includes background on the airline and its troubles.

UPDATE on Thursday: American says it plans to cut 13,000 jobs as part of the "process."

Tom Belden
About this blog
Tom Belden has been reporting about Philadelphia International Airport and other air travel subjects for more than 20 years, writing columns for The Inquirer's Travel and Business sections. His reporting (with colleague Craig McCoy) on baggage handling problems in Philadelphia have been credited with helping to improve the system. His previous blog was called Road Warrior. He can reached at tbelden@phillynews.com. Reach Tom at tbelden@phillynews.com.

Tom Belden
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