AMR Corp. and its pilots union have reached an agreement on the language for a new labor deal, according to the union’s Friday announcement. The parent of American Airlines and the Allied Pilots Association (APA) have been in talks over the language of the agreement, as AMR tries to emerge from bankruptcy and reduce its labor costs. The union will vote on the new deal soon.
AMR accepted the APA’s “counter-proposal” to the company’s previous offers late last week. The union’s 7,500 pilots must ratify the new contract.