Pilots approve new contract with American Airlines
DALLAS – Pilots at American Airlines are approving a new labor contract, which could clear the way for consideration of a merger with US Airways.
The pilots' union announced the results Friday. Pilots rejected a similar offer in August, but union leaders lobbied hard for passage the second time around.
Under the contract, pilots will get pay raises and own 13.5 percent of American Airlines' parent AMR Corp. after it emerges from bankruptcy protection.
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