Home Stock American Airways union postpones vote for contract settlement By Reuters

American Airways union postpones vote for contract settlement By Reuters

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American Airways union postpones vote for contract settlement By Reuters

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© Reuters.

(Reuters) – American Airways (NASDAQ:)’ pilot union has indefinitely postponed the ratification vote for a tentative contract settlement, it mentioned in a memo on Sunday.

The voting will now happen “at a date and time to be decided”, the union mentioned.

American Airways pilots have been as a consequence of vote on Monday after the corporate on Friday raised the worth of its contract supply to pilots by greater than $1 billion. The union had earlier warned that ratification was in jeopardy.

The Texas-based provider mentioned on Friday’s adjustments introduced the entire worth of the four-year proposed contract to $9 billion and would match the pay charges and retroactive pay in United Airways’ tentative settlement.

American Airways didn’t instantly reply to a Reuters request for remark.

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