from APA website
This is Gregg Overman, APA Communications Director, with the APA Information Hotline for Tuesday, April 15 at 11:15 AM Central.
TENTATIVE AGREMENT VOTE RATIFICATION: APA President Captain John Darrah released the following statement a short time ago regarding the union membership’s ratification of an agreement with American Airlines management:
“With 95 percent of eligible pilots voting, the membership of the Allied Pilots Association has ratified the agreement with American Airlines management concerning cost savings by a margin of 69 percent. Of those casting a vote, 6,998 of our pilots voted for the agreement, and 3,136 voted against it.
“We recognize that the past several weeks have been tremendously difficult for our pilots, and I would like to thank them for their willingness to contribute to the recovery of American Airlines through their participation in the ratification process. Clearly, the gut-wrenching decision our pilots have had to make will have a major impact on their lives in terms of additional furloughs, pay cuts and retirement savings. That said, I commend our pilots for taking this courageous step—one that will hopefully allow American Airlines to avoid bankruptcy and help ensure its long-term viability.â€
That is the full text of Captain Darrah’s statement. We will have additional information as it becomes available later today. Thank you for calling.