Bankruptcy court approves American Airlines’ new contract with pilots

American Airlines Boeing 777-200. By Rob Finlayson A US bankruptcy judge has approved American Airlines’ parent AMR Corp.’s new labor contract with the carrier’s 10,000 flight deck crew. The ruling formally ends the contentious process in which AMR management negotiated concessionary work agreements with its unionized employees as part of Chapter 11 bankruptcy restructuring. The judge also granted Dallas/Fort Worth-based AMR’s request to extend the period ...