True, American Airlines isn’t doing well. The group has lost over $11 billion since 2001. The last financial report, published in October, points to $162M lost. And forecasts for the end of 2011 and beginning of 2012 are not much better. One third of the company’s planes are old McDonnell Douglas, which need a lot of fuel. Besides, the group’s 80,000 employees are paid much more than the employees of other airlines. Annual wage costs are $800 million higher than for its rivals, management says.
better. One third of the company’s planes are old McDonnell Douglas, which need a lot of fuel. Besides, the group’s 80,000 employees are paid much more than the employees of other airlines. Annual wage costs are $800 million higher than for its rivals, management says.
Last months, the talks started five years ago with the Allied Pilots Association failed. The union’s representatives refused to present their 8,000 members with collective agreement they deemed unacceptable. Relations with th
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