AMR Seeks Waiver of Contract Provision
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AMR Corp. asked its American Airlines pilots union to waive a contract provision limiting growth at its American Eagle unit as the largest airline company tries to stem losses.
The Allied Pilots Assn. pact restricts growth at American Eagle, whose pilots are paid less than those at American Airlines, as long as pilots at the main carrier remain laid off.
The contract also lets American Airlines pilots scheduled to be laid off take jobs at the commuter carrier.
In other news, American Airlines added express lanes at some U.S. airport security checkpoints in an attempt to attract more business travelers.
Passengers paying business and first-class fares can use express lanes at airports in Chicago, Los Angeles, San Diego and Reno/Tahoe, Nev., the airline said. Beginning next week, lanes will be added at New York’s John F. Kennedy airport and in St. Louis.
AMR shares rose $1.24 to $25.79 on the NYSE.
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