Despite little change to AMR Corp.’s third-quarter labor costs from the same period in 2011, the latest quarter’s improved financial performance suggests that once new contracts with two of the airline’s three main unions come into force, the company’s operating margin will continue to grow. AMR’s total wages, salaries and benefits expenses grew by 0.4% year-over-year. The company recently concluded new contracts with the Association of Professional Flight Attendants (APFA) and the ...


"AMR 3Q Results Indicate Potential Improvements With New Labor Deals" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.