American, TWU Contracts Approved as Labor Talks Continue
AMR Corp.'s American Airlines won court approval for new labor agreements with five groups represented by the Transport Workers Union as the airline works to reach deals with pilots and flight attendants, Bloomberg News reported yesterday. Bankruptcy Judge Sean Lane said at a court hearing today that American, which is seeking to cut labor costs as part of its restructuring, can enter into the new agreements. The approval comes as pilots at American are set to vote on new contract terms with the airline. Flight attendants and two other TWU groups that have not reached agreements with the carrier are planning to resume talks.