By Bill Zeeble, KERA News, for Audio Texas
FT WORTH – Bankrupt AMR, parent company of American Airlines, has told its unions that without more concessions, it will move to cancel all contracts next week in court. Unions don’t like the plan, but may have little recourse.
Senior Vice President Jeff Brundage sent the letter to unions saying the company and unions have not made sufficient progress in saving money. Without more concessions, American spokesman Bruce Hicks says the company will ask the court next week to cancel all contracts.