Either a reporter really goofed in paragraph 3 below, or th AA pilots have agreed to make hamburger flipper wages at the end of the 6 years, No wonder they avoided bankruptcy!
American Airlines 'to ground 2,500 pilots'
Union officials say about 2,500 American Airlines' pilots will lose their jobs over the next year.
Some of the losses will come through retirement, and as part of the union's £420 million in annual concessions to save the company from bankruptcy.
As part of the agreement reached with the airline, pilots' salaries will be cut by 23% in the first year, beginning on May 1, and 17% each subsequent year of the six year pact.
John Darrah, president of the 13,000-member Allied Pilots Association says pilots have 14 days to ratify the new contract.
© Associated Press
Story filed: 20:37 Tuesday 1st April 2003