American Airlines CEO To Talk To Pilots Union
Follow the action on Twitter by using the widget on the righthand side of this page.
DALLAS (AP) – A leader of a pilots union says American Airlines CEO Thomas Horton will speak to the group’s directors, who favor a merger with US Airways.
Allied Pilots Association president Keith Wilson says says Horton on Thursday is scheduled to talk about the airline’s bankruptcy restructuring.
American’s three unions favor a merger that would turn over management of the company to US Airways executives. Horton hasn’t ruled out a merger but has hinted that he might favor American emerging from bankruptcy protection on its own.
Pilots last week pilots ratified a new contract that gives them about 13 percent ownership of American’s parent, AMR Corp., after it emerges from bankruptcy.
American didn’t immediately respond to a request for comment.
(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
Also Check Out: