American Airlines Group strikes key labor deal

American Airlines Group (AAL +0.7%) says it reached a tentative agreement with the International Association of Machinists.

The union group is key as it covers more than 11K mechanics, service agents, and maintenance workers.

What to watch: American's ability to enter labor negotiations with a cleaner contract slate post-bankruptcy has improved its leverage.

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Comments (2)
  • The Average Investor
    , contributor
    Comments (102) | Send Message
    Great job by Doug Parker, Beverly Goulet and entire management team for an outstanding integration and performance.
    AAL long to over $100 per share by 2017.
    16 Jun 2014, 12:39 PM Reply Like
  • Bone Dry
    , contributor
    Comments (5) | Send Message
    What a management team. Looks like AAL will keep flying upward.
    17 Jun 2014, 09:47 AM Reply Like
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