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Pilots at AMR (AAMRQ.PK) and US Airways (LCC) are assessing a transitional labor deal that would...

Pilots at AMR (AAMRQ.PK) and US Airways (LCC) are assessing a transitional labor deal that would possibly take effect if the airlines merge and is based on a contract between AMR's pilots and US Airways, Bloomberg reports. Meanwhile, the board of the APA pilots union yesterday approved a strike authorization vote at AMR should the bankrupt carrier implement any givebacks.
Comments (3)
  • All the AMR bankruptcy will do is take monies from legitimate creditors and free it up for a union grab! Only an insane investor would back this deal with loans or buy equity in the deal.
    23 Aug 2012, 11:56 AM Reply Like
  • Strike vote, for what? This entire matter is in the hands of the BK Court. Didn't the pilots union pay a huge fine for sick-outs approx 15 years ago?
    23 Aug 2012, 04:42 PM Reply Like
  • The court has the right to rewrite the contract, but the pilots don't have to accept it. A broken contract by a court is a broken contract. The pilots get to walk. It is kind of like if you bought a plane ticket for $100, and the court decided that is really takes $120 to deliver the flight, the court cant just assess you the extra $20. The court can cancel the deal but can't enforce additional concessions from you.

     

    The walkout you refer to was during the middle of an existing contract, therefore the union refused to make good on their signed deal and caused AA some $400 million in damages. That is why they were liable.
    29 Aug 2012, 10:22 AM Reply Like
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