Labor unions representing American Airlines employees are making a ruckus about executive bonuses, according to a story in the Fort Worth Star-Telegram.
Even though the bonuses are based on the airline’s stock performance (an indication that this won’t be a bonanza), the unions are still ticked off.
A spokesman for American Airlines pilots compared the airline to AIG, because management has been collecting bonuses since 2003, when employees agreed to wage cuts that kept American out of bankruptcy.
"They've rewarded themselves with millions of dollars in bonuses ever since," said Scott Shankland, an American pilot. "And in the meantime, the airline is doing terrible."
American accused the unions of spinning things to suit their own interests.