Tags: US | American | Airlines | Labor

American Airlines, Pilots 'Far Apart' On Contract

Tuesday, 09 Mar 2010 12:48 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

American Airlines' chief financial officer admits his company and its pilots' union are "far apart" on a new labor contract.

American argues that its labor costs are higher than for its rivals. CFO Thomas Horton said Tuesday his company wants pilot costs to be "competitive" with other airlines.

"It's fair to say we are far apart with the pilots' union," Horton said at an investor conference in New York.

The pilots' union at one point proposed pay raises of more than 50 percent to restore their purchasing power to 1992 levels. The company rejected that proposal, and the two sides are currently in negotiations overseen by a federal mediator.

American is also in mediator-led talks with its flight attendants and ground workers.

Flight attendants are scheduled to vote next month on whether to authorize a strike.

Federal law makes it difficult for airline employees to strike. The flight attendants' union plans to ask mediators next week to declare the talks to be stalemated, which could lead to the start of a 30-day cooling-off period after which the union could strike.

The Transport Workers Union, which represents American's mechanics, is expected to ask mediators this week to let it begin a cooling-off period.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved