-
By The Associated Press |
May 30, 2013
A fight over representing American Airlines mechanics will come down to two unions after a third union said Wednesday that it was blocked from the election.
-
By David Koenig |
May 14, 2013
Two major unions are seeking to avoid a fight and instead share representation of ground workers at American Airlines after the company merges with US Airways.
-
By The Associated Press |
February 14, 2013
Renewed worries about Europe overshadowed an encouraging U.S. jobs report, turning stocks mixed on Thursday.
-
By David Koenig |
February 14, 2013
American Airlines and US Airways agreed Thursday to merge in an $11 billion deal that would create the world's biggest airline.
-
By The Associated Press |
January 21, 2013
The pension fund for one of Hostess Brands' unions has hired an investment bank to represent workers and pensioners as the maker of Twinkies and Wonder Bread sells off its brands.
-
By David Koenig |
December 11, 2012
Last week's renewal of a labor and pension contract by pilots was the last major hurdle the airline and its parent company needed to clear before emerging from bankruptcy protection.
-
By Andy Stonehouse |
November 16, 2012
Despite successes in protecting retirement benefits for employees of companies such as American Airlines, the PBGC still faces a $34 billion funding deficit.
-
By Andy Stonehouse |
November 9, 2012
Following the freeze on pilot pensions, PBGC leader Josh Gotbaum met with American's pilots' union to discuss the next moves in the bankruptcy case.
-
By The Associated Press |
November 6, 2012
American Airlines and its pilots may be close to an agreement on a new contract, following a decision Nov. 1 to freeze all of the company's pensions.
-
By Andy Stonehouse |
October 30, 2012
Still relatively new at his post, PBGC leader Josh Gotbaum says retirement advisors and administrators can expect some positive changes - but need to keep working hard.