The Association of Professional Flight Attendants announced on Sunday that its members have approved American Airlines' "last, best and final" contract offer.
The APFA announced that 59.52 percent of its members voted in favor of the offer and 40.48 percent voted against it. It said that 13,544 of which 12,570 cast a ballot representing 92.8 percent of the eligible voters.
The APFA noted that the contract offer will take effect immediately following approval of the Bankruptcy Court. It expects a decision from the court within the next two weeks.
"In light of last week's announcement from the Creditors' Committee, our bankruptcy team firmly believes we have achieved everything possible," the APFA said in a statement.
APFA said that it will now continue its strong and concise message that it has zero confidence in American's management team. APFA also said it firmly believes that the only way for American Airlines, a part of AMR Corp. (AAMRQ.PK), to grow and compete and perhaps even to survive is through a merger that puts Doug Parker and his team in charge.
"With this vote behind us, our focus will be on achieving a merger with US Airways which will improve on the LBFO and re-establish pride and viability to American Airlines," the APFA noted.
Fort Worth, Texas-based AMR in November 2011 filed for bankruptcy citing cost disadvantages vis-a-vis rivals.
| || |
| To receive FREE breaking news email alerts for AMR Corp. and others in your portfolio|
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org