View Single Post
Old 05-27-2018, 10:42 AM
  #18  
filejw
Gets Weekends Off
 
Joined APC: Mar 2006
Position: retired
Posts: 560
Default

Originally Posted by nitefr8dog View Post
It could if the majority of the crewmembers all took retirement...also since Amazon owns a portion of ATSG they also are responsible for an amount equal to their portion. That said, I say again it could bury ATSG. The retirement is also underfunded so that has implications. Alot comes into play if ATSG lets ABX wither away. The PBGC has directly tied aircraft as available assets to ABX retirement. It is not cut and dried. I do agree with it being complete baloney though.
I don't think owning stock in a company exposes you to a pension liability.
filejw is offline