It has been recently revealed in a report that the AA retiree committee shall now incorporate plans for safeguarding the needs and requirement of the pensioners in the nation. It was revealed by the AMR Corporation's American Airlines which is currently planning to exit the bankruptcy they had filed. It has been revealed by the Chief Executive Officer, Tom Horton, that the firm shall consider making acquisitions later on.

"All of our energy and focus is on completing the restructuring as an independent company," "We don't want to be distracted by the notion of mergers right now." "I don't think we need to combine with anybody, but I think there will be ample opportunities", he said further

It is the third largest airline which has become a target for takeovers, after it had filed for protection by the court in November last year.

It was further added that the restructuring plans in U. S. need a boosting in the revenue up to $1 billion in the next five years, which would also mean cutting the labor costs by a further 20%. They shall also need to give away the pension plans and this is one major hitch which they would face.

In the cut throat competition in the airlines market, there are many strategies that have to be developed by the companies for keeping their positions safe. What they fail to see here is that these might tend to affect the needs and rights of the workers as well as the general people. There is need for the firms to frame policies that work for the benefit of one and all in the time to come. They shouldn't dream of making castles while they make the pensioners suffer brutally.