By the time American Eagle president Dan Garton spoke with AIN in late March, he had just presented his labor groups with a restructuring plan that called for a 5-percent reduction in the number of employees to achieve the cost savings the company would need to emerge from Chapter 11 bankruptcy.
Notwithstanding US Airways estimates that a merger with bankrupt American Airlines would create at least $1.2 billion in new value for the combined companies, American continues to pursue its own path toward restructuring, arguing last week in bankruptcy court that it needs to void the contracts
US Airways has signed agreements with the three unions that represent nearly 55,000 American Airlines employees calling for all the parties to work collaboratively toward labor contracts should the two airlines merge.
Japan Airlines took delivery of the first two of 45 Boeing 787 Dreamliners it has ordered at a ceremony in Everett, Wash., on March 26.
American Eagle will furlough 50 pilots effective April 5 in connection with bankrupt parent company American Airlines’ decision to remove another nine ATR 72s from its regional subsidiary’s fleet, this time from its Miami base, according to an internal “Eaglewire” American Eagle president Dan Garton sent to employees yesterday.
The U.S. Federal Aviation Administration (FAA) issued a long-overdue Notice of Proposed Rulemaking (NPRM) last week that would require first officers to hold an Airline Transport Pilot (ATP) certificate, which requires 1,500 hours of p
The popular Apple iPad tablet computer, embraced by business and general aviation pilots for its numerous flight applications, low cost and ease of use, is catching on in the more structured environment of airline flight decks.
Global Aviation Holdings, the largest commercial provider of charter lift to the U.S. military, filed for Chapter 11 bankruptcy reorganization February 5 in New York. The company cited reduced rates paid by the military, the end of the war in Iraq, the drawdown of troops in Afghanistan and decreased demand for commercial cargo services as driving its decision to seek relief from creditors.
AMR management has proposed loosening the scope clause language in its Allied Pilots Association (APA) contract as part of its plan to return to profitability following its eventual exit from bankruptcy.
Transport Workers Union president James Little expressed “shock” last week at the depth of concessions AMR Corporation has asked from its employees as part of its plan to emerge from bankruptcy.