Union: AA ground workers would get raises from merger

DALLAS A labor union says American Airlines ground workers would get immediate 4.3 percent raises if the carrier merges with US Airways (LCC).

The Transportation Workers Union said Monday that it negotiated the pay hike with the two airlines, which have been discussing a potential merger for months.

The money would be in addition to terms of contracts that mechanics, bag handlers and other workers accepted in recent months.

American and parent AMR Corp. are operating under bankruptcy protection. AMR is considering whether to accept a merger pushed by US Airways Group Inc. or emerge from Chapter 11 on its own.

AMR's creditors will also have a role in the decision, which is expected in the next few weeks.

Comments

Market Data

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

Market News

Stock Watchlist

New Android App

For your Android phone and tablet, download the FREE redesigned app, featuring CBSN, live 24/7 news.

Download
The all new
CBS News App for Android® for iPad® for iPhone®
Fully redesigned. Featuring CBSN, 24/7 live news. Get the App