Allied Pilots Association Leadership Meets With AMR Executives in Effort to Identify Solutions to Current Challenges
Monday November 11, 7:21 pm ET
FORT WORTH, Texas--(BUSINESS WIRE)--Nov. 11, 2002--Leaders of the Allied Pilots Association, the collective bargaining agent for the 13,500 pilots of American Airlines (NYSE:AMR - News), met today with AMR CEO Don Carty and other senior executives to discuss ways to address the financial challenges at American Airlines.
"APA is seeking to have a voice in the future direction of American Airlines to enhance prospects for recovery at the airline," said Captain John E. Darrah, APA President.
During the meeting, APA discussed the company's ability to compete in the small jet marketplace. APA's intent is to work with the company to provide access to additional revenue streams while at the same time securing additional flying and expansion opportunities for pilots. The type of mutually beneficial agreement sought would allow American Airlines to expand in the small jet arena with a competitive cost structure while eliminating outsourcing. In APA's view, such an agreement would help position the company to become a much stronger, more competitive airline.
Aware of the financial turbulence impacting employees at other carriers, APA emphasized that the union is prepared to explore a range of compensation options that would simultaneously benefit its membership while allowing AMR to remain competitive. Presently, American Airlines' pilots work at deeply discounted rates as compared to their peers at Northwest, Delta and even United.
"Our current rates are still below the latest United pilot pay rates negotiated last week even though the prospect of bankruptcy looms over that company," said Darrah.
APA is also working with the other labor groups on the AMR property in an effort to identify mutually beneficial solutions. The hope at this time is that the fruits of a labor-management approach will provide the company a tool to facilitate a seamless operation with greater flexibility. Managing and leading all labor groups on the property in this effort will provide needed labor stability and help abate further financial erosion of the company.
"The APA pilots are attempting to proactively address volatile market shifts by addressing operational issues, ways to increase revenues, and product flexibility. We hope to position the company advantageously for recovery, improve the corporate balance sheet and make American Airlines the number one choice of the traveling public," said Darrah.
"It is time for a new direction at American Airlines," said Darrah. "We want this meeting to demonstrate that the employees of AMR wish to participate with management in a shared vision and commitment to the future of this company."
Monday November 11, 7:21 pm ET
FORT WORTH, Texas--(BUSINESS WIRE)--Nov. 11, 2002--Leaders of the Allied Pilots Association, the collective bargaining agent for the 13,500 pilots of American Airlines (NYSE:AMR - News), met today with AMR CEO Don Carty and other senior executives to discuss ways to address the financial challenges at American Airlines.
"APA is seeking to have a voice in the future direction of American Airlines to enhance prospects for recovery at the airline," said Captain John E. Darrah, APA President.
During the meeting, APA discussed the company's ability to compete in the small jet marketplace. APA's intent is to work with the company to provide access to additional revenue streams while at the same time securing additional flying and expansion opportunities for pilots. The type of mutually beneficial agreement sought would allow American Airlines to expand in the small jet arena with a competitive cost structure while eliminating outsourcing. In APA's view, such an agreement would help position the company to become a much stronger, more competitive airline.
Aware of the financial turbulence impacting employees at other carriers, APA emphasized that the union is prepared to explore a range of compensation options that would simultaneously benefit its membership while allowing AMR to remain competitive. Presently, American Airlines' pilots work at deeply discounted rates as compared to their peers at Northwest, Delta and even United.
"Our current rates are still below the latest United pilot pay rates negotiated last week even though the prospect of bankruptcy looms over that company," said Darrah.
APA is also working with the other labor groups on the AMR property in an effort to identify mutually beneficial solutions. The hope at this time is that the fruits of a labor-management approach will provide the company a tool to facilitate a seamless operation with greater flexibility. Managing and leading all labor groups on the property in this effort will provide needed labor stability and help abate further financial erosion of the company.
"The APA pilots are attempting to proactively address volatile market shifts by addressing operational issues, ways to increase revenues, and product flexibility. We hope to position the company advantageously for recovery, improve the corporate balance sheet and make American Airlines the number one choice of the traveling public," said Darrah.
"It is time for a new direction at American Airlines," said Darrah. "We want this meeting to demonstrate that the employees of AMR wish to participate with management in a shared vision and commitment to the future of this company."