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A group of AMR (AAMRQ.PK) bondholders have told the bankrupt airline's pilots union that it will...

A group of AMR (AAMRQ.PK) bondholders have told the bankrupt airline's pilots union that it will only support the carrier's exit from bankruptcy protection as a standalone company if a new board is appointed comprising mostly of directors with no prior affiliation to the company. The group includes JPMorgan (JPM) and holds up to $885M in AMR debt.
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Comments (4)
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    American Airlines is about to go the way of the Twinkie.
    29 Nov 2012, 05:40 AM Reply Like
  • Tack
    , contributor
    Comments (14325) | Send Message
     
    Not even a remote chance.
    29 Nov 2012, 05:52 AM Reply Like
  • MexCom
    , contributor
    Comments (3067) | Send Message
     
    They should also seat representatives of the preferred stock holders to the board and demand past payment of dividends.
    29 Nov 2012, 06:55 AM Reply Like
  • aaretired
    , contributor
    Comments (29) | Send Message
     
    Never going to happen so get OVER IT! Why do think they have BK filings? Where have you been
    29 Nov 2012, 09:42 PM Reply Like
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