Airline Pensions

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Airline Pensions

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Author : United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Aviation
language : en
Publisher:
Release Date : 2006

Airline Pensions written by United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Aviation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Law categories.

Commercial Aviation

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Author : JayEtta Z. Hecker
language : en
Publisher: DIANE Publishing
Release Date : 2006-03

Commercial Aviation written by JayEtta Z. Hecker and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03 with Transportation categories.

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.

Airline Pensions

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Author : United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Aviation
language : en
Publisher:
Release Date : 2006

Airline Pensions written by United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Aviation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Law categories.

Private Pensions

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Author : United States Government Accountability Office
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-05-29

Private Pensions written by United States Government Accountability Office and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-29 with categories.

Private Pensions: Airline Plans' Underfunding Illustrates Broader Problems with the Defined Benefit Pension System

Gao 06 630 Airline Deregulation

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Author : United States Government Accountability Office
language : en
Publisher: Createspace Independent Publishing Platform
Release Date : 2018-01-29

Gao 06 630 Airline Deregulation written by United States Government Accountability Office and has been published by Createspace Independent Publishing Platform this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-29 with categories.

GAO-06-630 Airline Deregulation: Reregulating the Airline Industry Would Likely Reverse Consumer Benefits and Not Save Airline Pensions

Airline Industry

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Author : JayEtta Z. Hecker
language : en
Publisher: DIANE Publishing
Release Date : 2008

Airline Industry written by JayEtta Z. Hecker and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Transportation categories.

The airline industry generates operating revenues of $172 billion in 2007, amounting to over 1% of the U.S. gross domestic product. It carried more than 700 million passengers in 2007. Airline deregulation in 1978 led, at least in part, to increasingly volatile airline profitability, resulting in periods of significant losses and bankruptcies. In response, some airlines have proposed or are considering merging with or acquiring another airline. This report describes: (1) the financial condition of the U.S. passenger airline industry; (2) whether the industry is becoming more or less competitive; (3) why airlines seek to merge with or acquire other airlines; and (4) the role of fed. authorities in reviewing proposed airline mergers and acquisitions. Charts and tables.

Examining The Federal Aviation Administration S Age 60 Rule

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Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
language : en
Publisher:
Release Date : 2011

Examining The Federal Aviation Administration S Age 60 Rule written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Law categories.

Protecting Employees In Airline Bankruptcies

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Author : United States. Congress. House. Committee on the Judiciary. Subcommittee on Commercial and Administrative Law
language : en
Publisher:
Release Date : 2010

Protecting Employees In Airline Bankruptcies written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Commercial and Administrative Law and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.

Airline Mergers Issues Raised By The Proposed Merger Of United And Continental Airlines

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Author : Susan Fleming
language : en
Publisher: DIANE Publishing
Release Date : 2010-10

Airline Mergers Issues Raised By The Proposed Merger Of United And Continental Airlines written by Susan Fleming and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10 with Business & Economics categories.

In early May 2010, United Air Lines and Continental Airlines announced plans to merge the two airlines and signed a merger agreement. The passenger airline industry has struggled financially over the last decade, and these two airlines believe a merger will strengthen them. However, as with any proposed merger of this magnitude, this one will be carefully examined by the U.S. Dept. of Justice to determine if its potential benefits for consumers outweigh the potential negative effects. This statement describes: (1) an overview of the factors that are driving mergers in the industry; (2) the role of federal authorities in reviewing merger proposals; and (3) key issues associated with the proposed merger of United and Continental. Illustrations.

Competition In The Airline Industry

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Author : United States. Congress. House. Committee on the Judiciary. Subcommittee on Economic and Commercial Law
language : en
Publisher: Center
Release Date : 1993

Competition In The Airline Industry written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Economic and Commercial Law and has been published by Center this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.