American Airlines, US Airways announce pilots’ agreement
American Airlines and US Airways have announced that they have completed discussions with the Allied Pilots Association and the US Airlines Pilots Association in preparation of an actual merger between the two airlines.
The statement said that the purpose of the discussion was to "develop a framework for the terms of employment for pilots, as well as a process for pilot integration, in the event of a merger between AA an US during restructuring."
A "memorandum of understanding" was created by all parties involved which will "assist all of the stakeholders, including the Boards of AMR and US Airways, in making an informed decision as to whether a merger should ultimately be pursued."
The statement said that the MOU was only one of several elements to be considered before a decision would be made on the mega-merger.
Details of what was in the memorandum were not disclosed but the public announcement appears to push the reality of the deal, which many industry analysts say would raise fares throughout the industry and create more crowded flights, from possible to probable.
Gretchen Kelly
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