Allied Pilots Association issues statement regarding American Airlines' plans to buy US Airways Shuttle operations.WASHINGTON--(BUSINESS WIRE)--May 29, 1997--Following the announcement earlier today by American Airlines that it has agreed to purchase the stock, warrants and debt of Shuttle Inc. and take over all operations between New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of LaGuardia and both Washington National and Boston, the Allied Pilots Association (APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture ) issued a statement regarding the transaction. "It is management's prerogative to undertake a wide variety of transactions. Although we generally prefer that American Airlines grow internally rather than through acquisition, the Shuttle appears to be a unique opportunity for our company," said Captain James G. Sovich, APA president. "Accordingly, we have no particular objection to this deal. I should point out that APA will have to negotiate all necessary arrangements with American Airlines' management if the acquisition is completed succesfully." APA issued its statement from Washington, D.C., where the association's board of directors has convened for a regularly scheduled quarterly meeting. American Airlines President Don Carty personally briefed the APA Board about the company's interest in acquiring the Shuttle in a meeting yesterday afternoon. APA serves as the collective bargaining collective bargaining, in labor relations, procedure whereby an employer or employers agree to discuss the conditions of work by bargaining with representatives of the employees, usually a labor union. agent for all 9,000 American Airlines pilots. Headquartered in Grand Prairie, Texas This article is about the city in Texas. For the city in Alberta, Canada, see Grande Prairie, Alberta. Grand Prairie is a city in Dallas County (USA), with a significant overlap into Tarrant County, and a minor overlap into Ellis County. , APA was founded in 1963. CONTACT: Allied Pilots Association, Grand Prairie Gregg Overman o·ver·man n. 1. A person having authority over others, especially an overseer or a shift supervisor. 2. See superman. tr.v. , 202/296-6943 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion