American Airlines in February detailed a bankruptcy-restructuring plan that eliminated 2,100 jobs from its Tulsa maintenance base. Workers are worried about their jobs, and business leaders are concerned layoffs could mean losing about 10 percent of the area’s aerospace workforce. And while the bulk of the base’s employees live in big-city Tulsa, the bankruptcy could [...]
US Airways has been wooing labor unions to support a possible bid for bankrupt American Airlines. Last week, the Transport Workers Union — which represents about 2,100 workers targeted for layoffs at American’s maintenance base in Tulsa — joined pilots and flight attendants unions in supporting a US Airways takeover. Under a US Airways agreement [...]
American Airlines and its labor unions squared off Monday in federal bankruptcy court. The airline’s lawyers argued cutting labor costs was necessary to remain competitive, while union lawyers suggested a merger with US Airways. American is asking its three unions to give up about $990 million a year in wages and benefits, the Tulsa World [...]
US Airways has made deals with labor unions at American Airlines to win support for a merger. A merger could save almost half of the 13,000 jobs likely to be eliminated by American, whose parent company, AMR Corp., is operating under bankruptcy protection. But a merger might not be so easy.
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