AMR merger with US Airways approved, but $20M CEO severance/bonus on hold | LeveragedLoan.com

$20M bonus not currently approved, on hold...

A lone American Airlines pilot was among the parties to speak at today’s hearing, reading a prepared statement that decried the large bonus and general lack of leadership among company management over the past decade. He proposed an alternative offer for Horton: $500,000 and free coach tickets for life...

AMR merger with US Airways approved, but $20M CEO severance/bonus on hold | LeveragedLoan.com