January 31, 2012
As Mitt Romney campaigns in today’s Florida presidential primary, airline workers have been following him with a message about one of his old company’s newest clients: Airline giant AMR, the parent company of American Airlines and American Eagle. AMR, which filed for bankruptcy in November, last week announced plans to retain the advice of Bain & Co., the consulting firm where Romney worked before co-founding private equity firm Bain Capital in 1985.
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January 28, 2012
American Airlines parent AMR Corp. (AMR)’s effort to hire a group of legal and financial advisers for its bankruptcy was put on hold amid objections from unions and the U.S. government.
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January 26, 2012
American Airlines has asked its three major unions to meet Wednesday to discuss changes it plans to make in bankruptcy.
The Allied Pilots Association, the Association of Professional Flight Attendants and the Transport Workers Union represent about 54,000 pilots, flight attendants, mechanics, ground workers and other personnel at the Fort Worth-based airline.
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