Thu, Dec 18, 2014, 11:41 AM EST - U.S. Markets close in 4 hrs 19 mins

Recent

% | $
Quotes you view appear here for quick access.

AMR Corporation Message Board

  • lilgodfther lilgodfther Aug 14, 2013 8:14 PM Flag

    US Airways Flight Attendants Slam Justice Department Over Merger, Vows a Fight

    The union representing US Airways Flight Attendants came out swinging today, promising to fight efforts by the U.S. Department of Justice to block the merger of US Airways and American Airlines. The Association of Flight Attendants-CWA, AFL-CIO (AFA) vowed to defend the merger on behalf of Flight Attendants.
    “The Justice Department seems to forget that American Airlines was mired in bankruptcy without a viable, stand-alone strategy when US Airways announced it would purchase, and merge with, American,” said Roger Holmin, AFA President at US Airways. “In the name of encouraging competition, DOJ is engaging in a fantasy that risks destroying the only merger that has a chance of competing with the nation’s other mega-carriers in order to protect consumers.”
    US Airways Flight Attendants and other workers helped pull their airline out of the depths of bankruptcy through hard work and with life-changing sacrifices forced upon workers through that process. US Airways became a success story on Wall Street, yet frontline workers have yet to see a full return on their sacrifice and hard work. The merger promises new opportunities for these workers who have carried the airline industry restructuring on their backs. The story at American is even more dire for workers who, even as the industry has recovered, find themselves in the midst of bankruptcy today with little hope for a viable option for their airline without the merger approval. DOJ itself approved earlier mergers – United and Continental; Delta and Northwest – creating the number one and two airlines. The US Airways purchase of American would simply put American on par with these other airlines, creating real competition in the process and real opportunities for workers and the communities served by the merged airline.

    There is more to the story, just use the header and Google it

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.