Friday, April 20, 2012

Reuters: Bankruptcy News: American Air unions would support US Airways merge

Reuters: Bankruptcy News
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American Air unions would support US Airways merge
Apr 20th 2012, 13:55

April 20 | Fri Apr 20, 2012 9:55am EDT

April 20 (Reuters) - Three unions representing workers at AMR Corp's American Airlines would support a merger with US Airways Group Inc, calling it the "best strategy and fastest option" to complete a restructuring at bankrupt AMR.

The Allied Pilots Association, Association of Professional Flight Attendants and Transport Workers Union said in a joint statement on Friday that they have reached agreements on term sheets for collective bargaining pacts that would govern American workers should there be a merger with US Airways.

The three unions together represent nearly 55,000 American Airlines employees.

US Airways confirmed the agreement with the American Airlines unions in a federal filing of its own and added that no agreement on any business combination has been reached with American parent AMR.

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