American Airlines’ parent company owns $30-million town house
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Despite filing for bankruptcy last month, the parent company of American Airlines owns a $30-million town house in an upscale London neighborhood, according to bankruptcy documents.
And the flight attendants that work at the bankrupt airline are seeing red.
The president of the union that represents 18,000 American Airlines flight attendants issued a message to its members Wednesday, calling news of the apartment ownership ‘offensive’ and ‘wrong.’
Reuters news service reported Wednesday that the five-bedroom town house in London’s high-end Kensington district was one of eight properties declared in bankruptcy papers by parent company AMR Corp.
In a statement issued Wednesday, Laura Glading, president of the Assn. of Professional Flight Attendants, suggested that lavish spending by AMR executives lead to the bankruptcy.
‘If AMR executives had put as much thought and effort into maintaining what was for decades one of the most successful airlines in the world as they did into maintaining their own lifestyles of the rich and famous, American Airlines would not be in the position it is in today,’ she wrote in a message to members.
The message also announced several meetings to address the bankruptcy over the next three weeks.
-- Hugo Martin