Commercial Aviation PDF
By:JayEtta Z. Hecker
Published on 2006-03-01 by DIANE Publishing
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.
This Book was ranked at 20 by Google Books for keyword Commercial.
Book ID of Commercial Aviation's Books is NhDjMtWwvwMC, Book which was written byJayEtta Z. Heckerhave ETAG "pma8+A6oajs"
Book which was published by DIANE Publishing since 2006-03-01 have ISBNs, ISBN 13 Code is 9781422304327 and ISBN 10 Code is 1422304329
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Book which have "85 Pages" is Printed at BOOK under Category
Book was written in en
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