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.

From other sites
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
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs