June 30, 2012

WE'RE BANKRUPT,  HERE'S YOUR RAISE


American Pilots will vote soon on the latest and final offer by American Airlines.
AMR Pilots to Vote on Contract Paring Cuts in Bankruptcy, Bloomberg News, June 27.  
This puts the US Airways end run merger attempt on hold and possibly dead if American wants to be a stand alone carrier in the future.

The Bankruptcy Judge is holding off on all decisions regarding other employee union contracts until the pilot voting results are made available sometime in early August.  The latest and final offer by the Company includes pay raises and increased furlough protection for pilots.

A major item in the contract offer, is the ability for American Airlines to increase the size and amount of regional jet flying.  If this contract passes the new seat maximum for a regional partner flying under the American brand will increase from 50 to 79.  The amount of regional aircraft allowed will be increased significantly.  The pilots are exchanging future jobs for more pay.

Contract proposal AA to American Pilots, June 26, 2012