OK Governor Mary Fallin Says American Airlines Should Remain Its Own Entity | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 03.23.17

Airborne
03.27.17

Airborne
03.28.17

Airborne
03.29.17

Airborne
03.30.17

Airborne 03.24.17

Airborne-Unmanned 03.28.17

Airborne-YouTube

AMA 03.23.17

Airborne
03.27.17

Airborne
03.28.17

Airborne
03.29.17

Airborne
03.30.17

Airborne 03.24.17

Airborne-Unmanned 03.28.17

Tue, Apr 17, 2012

OK Governor Mary Fallin Says American Airlines Should Remain Its Own Entity

Issues An Official Statement on American Airlines Restructuring

In a propared statement released Friday, Oklahoma Governor Mary Fallin said that the best thing for her state would be for American Airlines to emerge from bankruptcy looking much like it did before it fell on hard times.
 

Fallin (pictured) said that as governor, her priority has always been "to retain and create as many good jobs as possible for working Oklahomans and their families." She said that the state Department of Commerce and her office have been monitoring the progress of American Airline’s restructuring under Chapter 11 of the Bankruptcy Code. She said that it is necessary for American to emerge a viable company and a strong competitor from what she described as a difficult and painful process.
 
“Questions have risen recently about what the best outcome of the bankruptcy process may be for Oklahoma, including the possibility of a hostile takeover of the company," Fallin said. "I want to make this clear:  for Oklahoma’s sake, there is no question that the best outcome for our state and its workforce is for American to rapidly and successfully exit from bankruptcy in control of its own destiny. A hostile takeover would create delay and an uncertain future for workers and their families.
 
“American Airlines has developed a business plan built upon growth and on retaining thousands of jobs in Oklahoma. While the company’s plan must obtain final approval from the bankruptcy judge and creditors, American’s management and its union leaders are working hard to find an agreement that will ensure American exits bankruptcy a viable and independent competitor. We hope that occurs so a maximum number of American Airlines jobs remain in Oklahoma.”

Tulsa World reports that court documents show that the restructuring plan presented by AMR Corp. calls for deep cuts in the airline's labor force ... as many as 13,000 jobs and $1.25 billion overall. Some 2,100 of those could come from the Maintenance and Engineering Center in Tulsa, OK.

FMI: www.ok.gov 

Advertisement

More News

Airborne-Unmanned 03.28.17: Gremlins UAS, Drone Privacy, Alpha Unmanned Helo

Also: Knifefish UUV, Runway Inspection Drones, Drone Hinders Firefighting, Canada's New Drone Regs DARPA has awarded two Phase 2 contracts of its Gremlins program to Dynetics, Inc.>[...]

G5 Electronic Flight Instrument Approved As A DG/HSI In Certificated Aircraft

Dual G5 Installation Options Support Safety-Enhancing Redundancy With Dual ADAHRS And Back-Up Battery Garmin has announced the approval of the G5 electronic flight instrument for i>[...]

Garmin TeamX Introduces New G3X Touch Display For Experimental Aircraft

Updated Device Features Seven-Inch Portrait Display Garmin has announced a new addition to the G3X Touch glass flight display family, the 7-inch G3X Touch portrait display. For fir>[...]

Airborne 03.29.17: F-16 Makes A Move, Sumwalt to NTSB, DJI Proposes Drone IDs

Also: SKYe SH09, AEA 2017 Opening/NPI, FAA Certifies Elite, Carrier Strike Group, G650 Sim, SBIRS Satellite, Hawaiian Airlines The ‘electric jet’ is moving to South Car>[...]

Airborne 03.28.17: Dynon ADS-B/WX Recvrs, B-29 'Doc' Touring!, Atlanta Tech

Also: Safety Focus, Aero-Calendar, Mechanic Pay, Alaska Airlines, GAMA, CA Aviation Hall Of Fame, Gogo Biz 4G Dynon’s new dual band SV-ADSB-472 receives ADS-B traffic via 978>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC