Regulator’s Objection To AMR CEO Payout Provides Possible Solution

The bankruptcy court overseeing AMR Corp.’s Chapter 11 reorganization should block the next step in the company’s plan to emerge from court protection and merge with US Airways because of the nearly $20 million in severance promised to Chairman and CEO Tom Horton, the U.S. Justice Department (DOJ)...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.