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Stock Market & Financial Investment News

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April 20, 2012
09:22 EDTAAMRQ, LCCUS Airways in collective bargaining pacts with three AMR unions
US Airways Group (LCC) announced that it had reached agreements for collective bargaining agreements that would govern the American Airlines employees represented by the Transport Workers Union, Association of Professional Flight Attendants and Allied Pilots Association. The effectiveness of these agreements is contingent upon a business combination involving the Company and AMR Corporation (AAMRQ), the parent of American Airlines, in connection with the pending bankruptcy case of AMR Corporation. No agreement for that business combination has been reached.
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