KBTX - Money - Headlines

Union Rejects American Airlines Offer

By: Associated Press
By: Associated Press

FORT WORTH, Texas (AP) - The union that represents mechanics and
bag handlers at American Airlines has rejected a contract proposal
that called for lump-sum payments but no salary increases.
American says it offered to increase holidays and sick leave
while recognizing "the economic realities facing the industry and
our company."
American's parent company lost $328 million in the first quarter
of the year, mostly due to record prices for jet fuel.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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