US Airways Files For American Airlines Merger; Unions On Board
DALLAS (CBSDFW.COM) – US Airways officially announced Friday morning that it wants to merge with Fort Worth-based American Airlines. While it has not made a takeover bid for American, it has struck a collective bargaining agreement with the airline’s three main unions — the Allied Pilots Association, the Transport Workers Union and the Association of Professional Flight Attendants.
American’s pilots’ union says the merged airline would retain the American Airlines name and Fort Worth headquarters and that may impact people in Phoenix.
On Friday morning, those three unions — which includes American’s pilots, mechanics and flight attendants — released a joint statement in support of a takeover of American Airlines by rival US Airways. The three unions make up 55,000 of American’s 73,000 employees.
Also on Friday morning, after reaching an agreement with the unions, US Airways filed notice with the SEC that it intends to take over American.
Thank you CBS DFW for the story. Click here to see the US Airways announcement and the latest on this news story.