American union sees vote on concessions by month end

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American union sees vote on concessions by month end

DALLAS (Reuters) =97 The union representing pilots at American Airlines said=
=20
Tuesday its board will likely vote by the end of this month on a=20
wage-concession deal the union is hammering out with management at the=20
struggling carrier. "We expect that our board will likely vote on a=20
proposed package of changes to the collective bargaining agreement by the=20
end of this month," said Gregg Overman, a spokesman for the Allied Pilots=20
Association. The union represents some 13,500 pilots at American, a=20
division of AMR. The union's board of directors has been meeting for=20
several days in the Dallas. The union has said it was working to strike a=20
deal that will help the airline avoid bankruptcy and its rank and file will=
=20
have final say on any deal.
Overman said the war in Iraq has added more financial pain to the company =
=97=20
which lost an airline industry record $3.5 billion last year =97 because of=
=20
decreased demand for air travel. AMR has said it needs to cut structural=20
costs by about $4 billion a year to keep flying. It is in talks with all=20
three of its major unions over a call it made last month for $1.8 billion=20
in annual wage concessions as a part of its cost- cutting plan.


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