-
Recent Posts
- Trump Tariff Flops – December Goods Trade Deficit Up $15.7B
- Tennessee Triumph – VW Workers Ratify UAW Contract!
- Sting Operations Hit ~550 CDL Training Schools
- Average Gallon Price for Gasoline Drops Slightly, But…
- February 2026 U.S. Vehicle Sales Forecast is Down Again
- Sustainable Energy in America – Mixed Progress in 2025
- GM Canada – C$63M Outlay in Oshawa Assembly
- EV Owner Satisfaction at New High Amid Sales Slump
- Audi Revolut F1 Team and Fanwear Launched
- Toyota bZ Woodland Mid-Size SUV EV Priced at $45,300
- CAFE Regs Intact Post Trump Endangerment Finding Repeal
- First Look – 2027 Volkswagen Atlas Prototype
- Park Outside – More Jaguar I-PACE Battery Fire Recalls
- Magna Posts 2025 EBIT of $2,364 Million
- Trump’s EPA Kills Greenhouse Gas Endangerment Finding
Recent Comments
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
- Laverne Oliver on Ford Fuel Injector Leak Recall Now at ~694,000
Archives
Meta
Tag Archives: amr
NASCAR Expands Concussion Protocol to SCAT3
The move comes at a time when the Wall Street Journal is questioning the very survival of the National Football over its massive and ongoing concussion problem and scandal. Continue reading
Posted in racing, safety
Tagged amr, autoinformed, autoinformed.com, brain function, concussions, Ken Zino, NASCAR head injuries, nfl, SCAT3
Leave a comment
PBGC Says American Airlines Workers Should Worry About Pensions and Medical Care – So Should Taxpayers
The Pension Benefit Guaranty Corporation has called out what it says is misleading statements to American Airlines employees by its management about their pension plans under a bankruptcy reorganization. “American Airlines is telling their workers and retirees not to worry, … Continue reading
Posted in aviation, economy, financial results, labor issues, news, news analysis, people, results, transportation
Tagged american airlines, amr, auto informed, auto news, autoinformed, autoinformed.com, automotive news, Ken Zino, pbgc, pension, pension benefit guaranty corporation, zino
Leave a comment
American Airlines Files for Bankruptcy – Pensions Threatened?
American Airlines has four traditional pension plans that cover almost 130,000 participants. As of today, the plans collectively had only about $8.3 billion in assets to cover about $18.5 billion in benefits, according to the Pension Benefit Guaranty Corporation. If American Airlines were to end their plans, the agency would be responsible for paying about $17 billion in benefits; about $1 billion in benefits would be lost. Continue reading
