AMR Says Airline Must Drop Union Contracts To Survive

Law360, New York (June 4, 2012, 6:18 PM EDT) -- As talks between American Airlines' bankrupt parent corporation and its unions continue, the company on Monday urged a New York bankruptcy judge to let it drop its collective bargaining agreements and implement a new business plan, moves it says are essential to the company's survival.

AMR Corp. said in a brief that American's labor costs far outstripped those of its competitors and it could not compete without lowering them by changing its agreements with the Allied Pilots Association, the Professional Flight Attendents Association and the Transit...
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