Sep 4, 2012 7:34 PM by Lacey Steele

Judge throws out union contracts of American Airlines' pilots

NEW YORK (AP) - U.S. Bankruptcy Judge Sean H. Lane is throwing out the union contract of American Airlines' pilots as part of the company's restructuring.

A key part of the bankruptcy proceedings, the ruling clears the way for the Fort Worth, Texas-based airline to dramatically cut costs and quicken its emergence from Chapter 11 bankruptcy protection.

The airline has successfully renegotiated contracts with all its other labor unions.


»Topics in this article

More News

Weather - Forecast
Story Photo

4 hours ago

Cooler Thursday

Windy early with blowing dust in some areas. Wind ending overnight tonight. An isolated thunderstorm possible early. Overnight low temperatures will drop...

Most Popular

Top Videos

1 2 3 4