Financial Services Industry
Industry: Email Alert RSS FeedBoeing, AMR, others make contributions.(contribution to their pension plans)
Pensions & Investments, May, 2006
Several companies recently announced contribution to their pension plans. * Boeing Co., Chicago, made a $500 million discretionary contribution to its pension plans in the quarter ended March 31, the company reported in a 10-Q filing. Boeing plans no further pension contributions this year but expects to contribute $500 million in 2007, according to the filing.
The company had $43.484 billion in defined benefit pension assets and $45.183 billion in benefit obligations as of Sept. 30, according to the annual report. * AMR Corp., Fort Worth, Texas, parent of American Airlines, contributed $120 million to its pension plans so far this year, Chief Financial Officer Tom Horton said during a recent conference call with analysts and reporters. AMR plans to...
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