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American Airlines meets with union leaders to discusses potential merger

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-23-08 09:47 PM
Original message
American Airlines meets with union leaders to discusses potential merger

http://www.iht.com/articles/ap/2008/02/22/business/NA-FIN-COM-US-American-Airlines-Consolidation.php

The Associated Press
Published: February 22, 2008

FORT WORTH, Texas: American Airlines executives met with labor union leaders this week to discuss a potential merger with another carrier.

American spokesman Andy Backover said they've had meetings for more than a year regarding airline industry consolidation with the unions, which include the Transport Workers Union that represents ground workers and the Association of Professional Flight Attendants.

The meetings have been subject to a confidentiality agreement, preventing all parties from revealing details of the discussions, Backover told the Fort Worth Star-Telegram.

Gregg Overman, a spokesman for Allied Pilots Association, confirmed on Friday that the union was represented at the most recent meeting.

"Our board's position on this is that we're not in favor of mergers," Overman said. "American's history as far as mergers and acquisitions are concerned is not a good one."

Although unions aren't required to approve mergers, their resistance could make a deal difficult to complete.

FULL story at link.

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Yael Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-23-08 10:22 PM
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1. Interesting. With Delta and Northwest joining up, I wonder who American is looking at
United?
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cpamomfromtexas Donating Member (453 posts) Send PM | Profile | Ignore Sat Feb-23-08 10:38 PM
Response to Reply #1
2. If AMR merges, the bigwigs have big bonuses hit
These people just don't understand why the rank and file pilots don't think they deserve more when the pilots are working for 1992 wages, taking their kids out of schools, working 2nd jobs, postponing things, selling houses, etc.

FURP!
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