Fort Worth Star Telegram
Posted on Sun, Mar. 22, 2009
By TREBOR BANSTETTER
“… Labor officials are criticizing executives with American Airlines parent AMR Corp., comparing a slate of upcoming executive bonuses to payouts distributed by the bailed-out insurance giant American International Group.

…The comparison to the poster child for corporate gluttony may be a difficult one. Despite its financial troubles, American hasn’t received taxpayer money. And the airline’s executive bonuses will be far less lucrative than the $165 million in retention payments to top AIG managers.

… The airline’s bonuses, based on AMR’s stock performance during the past three years, will be much smaller than previous payouts. AMR’s shares have fallen steeply during the past year and performed worse than those of several rival carriers.”

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