Join our mailing list!
(Your shopping cart is empty)
Diane Publishing Books
Commercial Aviation: Bankruptcy and Pension Problems Are Symptoms of Underlying Structural Issues
JayEtta Z. Hecker (au)
Since 2001 the U.S. airline industry has lost over $30 billion. Delta, Northwest, United, & US Air. have filed for bankruptcy, the latter two terminating & transferring their pension plans to the Pension Benefit Guaranty Corp. (PBGC). The net claim on PBGC from these terminations was $9.7 billion; plan participants lost $5.3 billion in benefits. Many in the industry have maintained that airlines’ use of bankruptcy protection as a means to continue operations is harmful to the industry. This debate has received even sharper focus with pension defaults. This report details: (1) the role of bankruptcy in the airline industry, (2) whether bankruptcies are harming the industry, & (3) the effect of airline pension underfunding on employees, airlines, & the PBGC. Illus.
McGraw-Hill Multimedia Handbook
Guide to Homoeopathy
Secret Agenda: One Man’s Fight Against High-Tech Terrorists & Their Biological & Nuclear Weapons of Mass Destruction
Between Friends: Writing Women Celebrate Friendship
Sexual Harassment: Women Speakout
Share your knowledge of this product with other customers...
Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
Become an Affiliate
Send Us Feedback
Copyright ï¿½ 2004 Diane Publishing Company. All Rights Reserved.