More on the USAir/American Airlines hearings
7:24pm: UPDATE: AmericanAir says it’s “disappointed” the board of its pilots union did not let AA’s 10,000 pilots vote on AA’s final offer.
7:25 pm: UPDATE: AA’s final offer included pay increases, furlough protection, profit sharing, a frozen pension and an equity stake in the new AA.
8:07 pm: UPDATE: Pilots say they’re close to a deal w/ AmericanAir but need clarity on scheduling. They hope to keep negotiating.
5:22 pm: BREAKING: Sources say AA, pilots talked to bankruptcy judge in NYC this afternoon. He was supposed to rule on canceling contracts in the AM.
5:24 pm: More than 7,000 union jobs at AA remain at stake in ruling. Pilots say they’re close to an agreement. AA wants to talk to TWU, flight attendants (APFAunity)
5:49 pm: BREAKING: AA bankruptcy judge has postponed ruling on American’s Section 1113 motion for all unions until June 29.
5:50 pm: BREAKING: AmericanAir says the extension will not change the terms of our final offer to the pilots union.
6:54 pm: UPDATE: Pilots union will vote again on @AmericanAir’s final offer on 6/27. AA not renegotiating but will answer questions & clarify.