Congressman: AMR, unions reach deal
Union, American Air negotiators need OK of their boards on deal to keep carrier out of bankruptcy.
April 24, 2003: 11:24 AM EDT
NEW YORK (CNN/Money) - Union and management negotiators at American Airlines have reached agreement on a framework to keep the company out of bankruptcy, but both sides need to win approval from their respective boards, according to a congressman who brought the two sides together.
AMR may have deal