American Airlines workers march in protest
By Editor - Sat May 12, 10:04 am
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FORT WORTH — Hundreds of uniformed American Airlines workers have marched to company headquarters to protest bankruptcy plans that could void their contracts.
Members of the Allied Pilots Association, flight attendants and transport workers rallied Friday outside AMR Corp. headquarters in Fort Worth. AMR in November sought Chapter 11 reorganization.
Also Friday, American Airlines says it is agreeing with creditors to consider potential mergers.
American parent AMR Corp. says that the company and its bankruptcy creditors agreed to develop “potential consolidation scenarios,” but that didn’t mean it would pursue a deal with any particular party.
Union leaders on Monday are expected in bankruptcy court in New York to oppose AMR’s plan to throw out their labor contracts. The company seeks to impose its own terms for pay, benefits and work rules.
Thousands of employees have signed a no-confidence petition.
American spokesman Bruce Hicks says the company respects the rights of unions and members to voice their opinions, but contract changes are necessary for successful restructuring.
Arizona-based US Airways Group Inc. has expressed interested in merging with American.
AMR management has said for months that it wants American to emerge from bankruptcy protection as an independent airline, but that hasn’t stopped US Airways, a smaller but profitable competitor, from trying to combine with American.
US Airways has lined up support from American’s three unions for a takeover. The unions believe that a combined company would cut fewer jobs and be more competitive with industry leaders United and Delta.
Source:AP
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