It appears that American Airlines (AAMRQ.PK) and its pilots union have finally agreed in...
Friday, November 9, 2012, 6:51 PM ETIt appears that American Airlines (AAMRQ.PK) and its pilots union have finally agreed in principle on a new contract. The pilots' union confirmed the new deal, which could pave the way for the troubled airline to emerge from bankruptcy. After filing for Chapter 11 bankruptcy protection nearly a year ago, the company has since forged deals with all its employee unions except its 7,500 pilots.
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