KBTX - Money - Headlines

American Airlines Moves Closer to Pilot Contract

By: Associated Press
By: Associated Press

NEW YORK -- The pilots union for American Airlines says it and the company have reached an agreement in principle for a new contract.

The agreement means pilots could vote to ratify the contract within three weeks. If approved, the contract would help pave the way for the Fort Worth, Texas-based airline to exit bankruptcy. AMR Corp., the parent of American Airlines, filed for Chapter 11 protection last November. It has reached labor agreements with all of its unions except for the pilots.

The pilots rejected a prior contract proposal this summer designed to save American more than $300 million a year. American then won permission from the bankruptcy court in September to impose new pay, benefit and work rules on pilots. The airline has about 7,500 active pilots.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 178201921