SF Gate: About 2,500 American Airlines pilots to lose their jobs

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This article was sent to you by someone who found it on SF Gate.
The original article can be found on SFGate.com here:
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inancial1404EST0154.DTL

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Tuesday, April 1, 2003 (AP)
About 2,500 American Airlines pilots to lose their jobs



   (04-01) 11:04 PST FORT WORTH, Texas (AP) --
   About 2,500 American Airlines' pilots will lose their jobs over the next
year, some through retirement, as part of the union's $660 million in
annual concessions to save the company from bankruptcy, union officials
said Tuesday.
   As part of the agreement reached with the airline Monday, pilots' salari=
es
will be slashed 23 percent in the first year, beginning May 1, and 17
percent each subsequent year of the 6-year pact, said John E. Darrah,
president of the 13,000-member Allied Pilots Association.
   Pilots have 14 days to ratify the new contract.

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Copyright 2003 AP

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