Airline Financial stranges 03-17-2003 Union Chief Says AMR Not Bluffing About Bankruptcy ISSN: 10405410 Publication Date: 03-17-2003 Page: 1 Type: Periodical Language: English The head of the union representing flight attendants at American Airlines (AMR) says the carrier is not bluffing by the agency of claiming it may be forced into bankruptcy unles it prepares $1.
Airline Financial stranges
03-17-2003
Union Chief Says AMR Not Bluffing About Bankruptcy
The head of the union representing flight attendants at American Airlines (AMR) says the carrier is not bluffing by the agency of claiming it may be forced into bankruptcy unles it prepares $1.8 billion in annual labor concessions. According to John Ward, president of the Association of Professional Flight Attendants (APFA), American may have to file in a less degree than Chapter 11 bankruptcy reorganization "sooner rather than later."
