American Reaches Tentative Agreements

31st Mar 2003

FORT WORTH, Texas - American Airlines announced today that it has reached a tentative agreement on contractual changes with seven of the eight Transport Workers Union-represented groups that will help the company restructure its labor costs.

Late Saturday night, the company reached a tentative agreement with the Ground School Instructors, one of six smaller TWU units. Friday night and earlier Saturday, tentative agreements had been reached with Stock Clerks, Dispatchers, Meteorologists, Simulator Technicians and Technical Specialists. These six groups represent approximately 2,500 workers. On Thursday, a tentative agreement was reached with the Fleet Service group, with over 16,300 members. The TWU also represents approximately 16,200 mechanics and related employees.

“Face-to-face negotiations continue around the table, around the clock with the mechanics, flight attendants and pilots,” the company said. American is asking all employees, including management, for a total of $1.8 billion in permanent, annual savings necessary to help save the company and position the airline to compete more effectively in the future.


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