American Airlines Merger Could Be Weeks Away
FORT WORTH (CBS 11 NEWS) – American Airlines’ CEO Tom Horton says it will be “a matter of weeks” before a decision is made about a merger with U-S Airways.
Horton made the statement in a letter to employees today.
Also tonight, the union representing American Airlines’ flight attendants approved a memo of understanding that could lead to a merger with U-S Airways.
This comes five days after American’s pilots union also approved the measure.
It covers temporary work rules and wages if there’s a merger.
American’s management, and executives and unions at U-S Airways are also considering the memo of understanding.
The AMR board meets January 9th.
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