What we’re reading: AMR needs staff concessions, IAD fourth North American destination for Etihad, Boeing may decide this year on 787-10


AMR needs staff deals in “matter of weeks”

AMR said that it will need concessions from its labor groups “in a matter of weeks” in order to emerge from bankruptcy protection.

In a strongly worded negotiations update, American said it must make major changes to its contracts and that it does have the “luxury of time.”

“As the company laid out in its February 1 restructuring announcement, we must make major changes to our labor agreements. And we need those changes in a matter of weeks,” the carrier said.

Washington Dulles will become Etihad’s fourth North American destination

Pending regulatory approval, Ethiad Airways will begin service between Abu Dabhi and Washington Dulles on March 31, 2012.

IAD will become Etihad’s fourth North American destination after New York JFK, Chicago O’Hare and Toronto. President and CEO James Hogan, in Washington Wednesday to announce the new route, said two more US cities are likely to be added over the next few years.

Boeing decision on 787-10 likely this year

Boeing hopes to decide on the 787-10, a larger capacity version of the Dreamliner, this year.

Boeing Commercial Airplanes CEO Jim Albaugh said, “We will do the 787-10 by all likelihood. We’re now working through design concepts. Assuming the customer interest is there, later this year [a decision will be made], and we will have something to offer toward the end of the year.” He says the 787-10 will have a shorter range than the -9 but will be able to carry 40 more passengers, so “the economics are very good.”

  • http://www.tourvey.com/ online tourism survey

    AMR also wants to terminate all four of its pension plans.

  • Em Hooper

    In a terrible job market, AMR is taking advantage of the workers who could, if there were other  jobs available, just walk away and let the corner office crowd fly the planes and tag the bags. I’d like to see that happen just once in my lifetime. Faint hope….