American and pilots reach tentative pact

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11-09-2012, 02:26 PM

misterwl

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American and pilots reach tentative pact

American Airlines and its pilots union reach tentative pact | LeveragedLoan.com

APA communications director Gregg Overman, “This afternoon the APA board of directors voted to present AMR management with a comprehensive counter-proposal. Management responded by agreeing to APA’s proposal.”

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American Airlines and its pilots union reach tentative pact | LeveragedLoan.com

11-09-2012, 03:36 PM

PinnacleFO

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Quote:

Originally Posted by misterwl

I hope it good and i hope American stays independent!

11-09-2012, 04:21 PM

fastsail

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Anyone have the details?

11-09-2012, 05:08 PM

Gallifrey

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Curious as well. Good luck AA

11-09-2012, 05:23 PM

texaspilot76

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Quote:

Originally Posted by PinnacleFO

I hope it good and i hope American stays independent!

An AA/ US merger would create an exceptional company and a force to be reckoned with. They would be on par with delta and united. Plus, consolidation is good. It forces airfares higher, leading to higher profits, which leads to more pay for us.

11-09-2012, 05:57 PM

lckck84

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I wonder what happens to American Eagle?

11-09-2012, 06:42 PM

Gallifrey

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It sounds like AA/US would spin AE off. Then they would compete and do the regional whipsaw dance

11-09-2012, 08:12 PM

lolwut

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So does this increase or decrease the chances of a merger if APA gets a new contract/deal?

11-09-2012, 08:37 PM

fullflank

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Quote:

Originally Posted by lolwut

So does this increase or decrease the chances of a merger if APA gets a new contract/deal?

My guess is that if the TA is ratified, AA will exit bankruptcy as a stand alone carrier. However, Horton will now be seeking a US merger as the controlling entity, thus meeting resistance from Parker. Just my guess.

11-10-2012, 03:14 AM

#10

eaglefly

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Early word is that APA caved on scope and pay. Skimpy raises, loads of 76-seaters and wide-open code sharing. If the early word is accurate, a new sales tour will begin to once again convince the pilots to lick a dogpoop lollipop.......only with frosting this time.