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American Airlines Pensions a Rich Target in Bankruptcy Proceedings
Star-Telegram Link to more items from this source
Dec. 5, 2011

One option for American would be to lobby Washington for more time to pay off its pensions, as Northwest and Delta received in 2006. Those rule changes also included a new penalty: Bankrupt companies that terminate pensions must later pay $1,250 per participant per year -- for three years.  MORE >>

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