The casual observer might assume that the two sides are talking about a merger, but in reality US Airways is putting pressure on American creditors to do a deal while the company is in bankruptcy.
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US Airways is playing things smart by first winning support for a merger from the three main employee unions at American. Airline mergers generally don’t work out as well as planned because of the difficulty getting unions at the two airlines to agree to common pay scales, benefits and seniority rules. US Airways is trying to take care of that issue ahead of time.
American needs to trim as much as $1.25 billion per year in labor costs.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now