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

(Reuters) - An

(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.

(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.

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 ...

Directors at AMR Corp.’s American Airlines and US Airways Group Inc. approved an US$11-billion merger that will create the world’s largest carrier and shrink the U.S. industry to three dominant companies, people familiar with the matter said. The airlines’ boards voted today after the two sides agreed to final terms, said the people, who asked not to be identified because the talks are private. Those decisions set the stage for an announcement tomorrow, the people said.