Saturday, April 28, 2012

Union pact with U.S. Air touts job savings vs. AMR plan

(Reuters) - An agreement between US Airways Group and the union representing seven work groups at bankrupt American Airlines calls for fewer job cuts should a merger materialize between the two carriers than an American bankruptcy plan, according to documents being distributed to union members on Friday. The US Airways pact would save thousands more jobs held by members of the Transport Workers Union and provide better severance and medical benefits than terms that American would impose

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