American Airlines chief executive Don Carty resigned at a board meeting on 24 April. The news came at the end of a week in which American teetered on the brink of Chapter 11 bankruptcy protection. After months of negotiation, Carty won union consent to a package of deep wage cuts, but then enraged unions by revealing generous executive pay deals the next day. Pilots, cabin crew and ground staff all threatened to withdraw their consent, and although the other two have now signed a revised package, the flight attendants' union had still not agreed on 25 April.
Source: Flight International
