Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

American Tries To Clear The Air


In Business This Week

AMERICAN TRIES TO CLEAR THE AIR

American Airlines CEO Bob Crandall is not one to make the same mistake twice. In a bid to avert a confrontation with the pilots on the heels of a disastrous flight attendants' strike, Crandall and Allied Pilots Assn. President Richard LaVoy agreed on Jan. 18 to a proposal that would limit the negotiation period in coming contract talks--followed by mediation and binding arbitration if no agreement can be reached. It's an unusual and potentially risky move. Some question whether Crandall now will push an equity-for-concessions deal, such as that reached at United Airlines, since he is unlikely to allow such a change to be decided by an arbitrator. American says it hasn't ruled out such a deal.EDITED BY KEITH H. HAMMONDS


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus