Pilot union leaders at American Airlines reached a tentative agreement with management on Wednesday

Discussion in 'American Airlines | AAdvantage' started by stuartfla, Jun 27, 2012.  |  Print Topic

  1. stuartfla
    Original Member

    stuartfla Silver Member

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    http://www.reuters.com/article/2012/06/28/us-american-pilots-idUSBRE85Q1QY20120628

    Pilot union leaders at American Airlines reached a tentative agreement with management on Wednesday on a steep cost-cutting contract...The Allied Pilots Association board voted 9 to 7 to send the last and best offer to its membership for consideration, the union and the company said.
    A vote by members is expected in coming weeks, prompting the judge overseeing American's case in New York to postpone a ruling that had been scheduled for Friday on whether to allow the airline to abrogate the pilots' contract, the airline said.
    Ratification by pilots would end years of bitter negotiations and introduce a measure of labor stability to American's bankruptcy.
    The airline is seeking more than $1.2 billion in cost cuts from its unions annually, a key factor in its decision to seek Chapter 11 protection from creditors last November.
    Added certainty from labor would allow the parties to shift focus to American's planned emergence later this year and whether it will do so alone or as part of a merger.
     
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  2. JNB280

    JNB280 Silver Member

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    God I hope this is actual progress....
     
  3. jbcarioca
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    jbcarioca Gold Member

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    Me too. Overheard MIA AA pilots (usually the firebrands) talking two days ago and they sounded supportive. Fingers crossed.
     
  4. LETTERBOY
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    LETTERBOY Gold Member

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    Hopefully the negotiators for the AA unions did a better job than their AC counterparts. If anyone doesn't know, there have been several times recently where AC & their unions have negotiated agreements, only to have the union members vote down the proposed agreement.
     
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  5. thetravelanalyst

    thetravelanalyst Silver Member

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    Ditto. I also hope American Airlines decides that the best way forward is to remain solo and not merge with another airline. Not only would AA benefits and cultures be seriously diluted, but reducing the size of major airlines would hurt price competition. I guess we wait and see . . .
     
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  6. DCtrAAveler
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    DCtrAAveler Gold Member

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    +1
     
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  7. jmjgp12

    jmjgp12 Silver Member

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    Lets hope this is good news for AA to remain solo as AA!! :)
     
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  8. marcwint55

    marcwint55 Gold Member

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    Let's hope that the pilots will see AA as a stand alone carrier being the best alternative for all parties. merging with another carrier would cause disruption and uncertainty to all parties, especially AA employees who would most likely be competing with employees of another carrier for seniority.
     
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