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And, yes, I DO take it personally: The bastards at American Airlines - we KNEW this was coming
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Wednesday, March 21, 2012

The bastards at American Airlines - we KNEW this was coming

these pricks have telegraphed this move from day one...
AMR To Seek Termination Of Contracts

AMR, the bankrupt parent of American Airlines, will ask a US bankruptcy court to reject nine collective bargaining agreements with unions, after failing to secure cost-cutting concessions, Bloomberg reported on Wednesday.

Barring any last-minute agreement during ongoing negotiations with its unions, AMR will seek court approval to terminate the union contracts within a week in the Manhattan bankruptcy court, the report said, citing two sources it did not name.

AMR declined to confirm or deny the report, but spokesman Bruce Hicks said in a statement the company will update the court on the progress of its labor talks during a court hearing on Thursday.

"Our challenge remains the same: work quickly to restructure our contracts, achieve the targeted cost savings and begin implementing the changes so we can emerge from restructuring and return to a growing, profitable company," Hicks said.

yep... bankruptcy... the ultimate union-buster...

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