Unions put pressure on again-profitable airlines

When the airline industry went into a deep slump after the 2001 terrorist attacks, American Airlines’ pilots, flight attendants and mechanics agreed to billions of dollars in cuts in wages and benefits to keep the carrier afloat.

Now AMR Corp., American’s parent, is back in the black, so much so that 874 top executives will receive more than $150 million in stock bonuses next week.

As for the 57,000 rank-and-file employees, they’re seeing red.

“We made huge sacrifices,” said Dana Davis, an 18-year American employee and spokeswoman for the Assn. of Professional Flight Attendants.

This doesn’t seem particularly fair. The unions gave up a lot to help out the airline during their bleak times and the airline is unwilling or unable to give back?

via Los Angeles Times

1 Comment »

  1. Eric said,

    October 30, 2007 at 5:22 pm

    Eric…

    Man i just love your blog, keep the cool posts comin…..

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