DALLAS (AP) — American Airlines CEO Thomas Horton suggests that his management team has earned the right to keep leading the company even if it merges with US Airways.
The approval of a new labor contract by pilots last week was the last major hurdle American and parent AMR Corp. needed to clear before emerging from bankruptcy protection in the next few months. American is positioned to finish its Chapter 11 restructuring faster than Delta Air Lines and United Airlines did theirs last decade.
"If you look at the speed and the result of this restructuring, I think it stands apart from all the others," Horton said Monday. "This team has done an outstanding job, and I'm very proud of them."
American's unions, however, are pushing for new management, and some analysts agree with them.
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