US Airways moves to merge with American

Regulatory/Transport

Friday, April 20, 2012

US Airways announced Friday that it has reached agreement with the three unions representing American Airlines workers on what a collective bargaining agreement would like if the company took over American. American is currently operating under bankruptcy protection and lost $1.2 billion in the first quarter. It is trying to force its unions to agree to a cost-cutting deal, including layoffs, outsourcing maintenance work, hiring more regional airlines to handle flights and changin...

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