NORTH TEXAS (CBSDFW.COM) - American Airlines’ flight attendants union, the Association of Professional Flight Attendants, has decided to send the airline’s last, best offer to its members.
The APFA is the last of American’s three main worker’s unions to do so.
Members of American’s pilots union will begin voting next Wednesday by electronic ballot.
Mechanics and store clerks are also considering American’s last, best offer.
Analysts say when results of the pilots’ union vote are announced August 7th, that could influence results of the other unions, and the future of American Airlines.
American’s CEO has said all along they want to emerge from bankruptcy alone, but that they would consider a merger or partner afterwards.
On Thursday, a bankruptcy judge gave American until after Christmas, three more months than before, to come up with a plan to leave bankruptcy.
Friday morning Bruce Hicks, a spokesman for American Airlines, issued the following statement -
“American Airlines is pleased that the Association of Professional Flight Attendants has agreed to put the company’s final proposal out to flight attendants for a vote. We believe this proposal will help build a new American that can compete and win. With the tentative agreement we reached with the remaining two TWU groups, we’re closer to reaching consensual deals with all of our unions and positioned to emerge successfully.
“In productive bargaining and discussions with APFA, we’ve worked creatively to address the items that APFA said were priorities. This final offer includes substantial enhancements over our term sheet, including reallocating profit sharing to provide pay raises and more guaranteed income up front, lowering the cost savings target from 20 percent to 17 percent, and an Early Out incentive that could eliminate the need for the company to furlough flight attendants. We’re pleased our flight attendants will have an opportunity to review and vote on this final offer, and are eager to move forward to the next phase of our restructuring.”
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