AMR pilots’ union board approves merger framework MOU

[Omaha Steve]

Source: ATW

By Karen Walker

The board of the Allied Pilots Association (APA), the union representing American Airlines’ pilots, has approved a proposed memorandum of understanding (MOU) that would serve as a framework for the pilots of American and US Airways if the two companies merge.

The APA board has issued a statement saying that its board of directors approved the proposed MOU by an 11-5 vote.

It said details of the MOU could not be disclosed because of a non-disclosure agreement and Securities and Exchange laws. The MOU would become null and void if no merger occurs.

The vote is another step in progress towards a potential merger as American’s parent company, AMR Corp., works towards exiting the Chapter 11 bankruptcy protection it has been operating under for 13 months.

FULL story at link.



Read more: http://atwonline.com/operations-maintenance/news/amr-pilots-union-board-approves-merger-framework-mou-1231

[liberal N proud]

1. One less airline will raise prices even higher.

We so need high speed rail in this country to make travel affordable.