Pilots at American OK new contract
DALLAS — Pilots at American Airlines approved a new labor contract Friday, marking a key step in the company’s recovery from bankruptcy and possibly speeding up a merger with US Airways.
American CEO Thomas Horton said the company expects to make a decision on the merger soon.
Since American and parent AMR Corp. filed for bankruptcy protection a year ago, Horton has favored the airline emerging on its own before considering a merger. But US Airways has pushed for a deal sooner — and one that would leave its executives in charge.
A combination of American and US Airways might compete better with United Airlines and Delta Air Lines, which grew into the world’s two biggest carriers by absorbing other airlines.
The Allied Pilots Association announced Friday that 74