NEW YORK (CNNMoney) — American Airlines has canceled more than 300 flights since Sunday and will cut back on the number of flights through the end of October,because pilots, unhappy with their labor contract, have started to call in sick, the airline said Wednesday.
The pilot’s union had new rules imposed on it by the bankruptcy court after 7,500 pilots last month overwhelmingly rejected the tentative deal that their union, the Allied Pilots Association, had reached with management.
he new contract imposes more flying hours on pilots and allows American to have more flights flown by partner airlines instead of American flight crews. It also doesn’t give them the equity stake in the airline or the profit sharing plan that were part of the tentative agreement the union rejected in August. American has also stopped making contributions to the pilots’ pension plan and is considering freezing or terminating it.
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