Business
3:30 am
Mon August 20, 2012

Business News

Originally published on Mon August 20, 2012 12:52 pm

American is currently seeking to cut costs in bankruptcy protection so the flight attendants' union pushed hard for this vote — warning that rejecting the contract could mean even deeper cuts or furloughs. The company's trying to cut about a billion dollars in labor costs. Mechanics and other union workers had previously accepted new contracts but pilots rejected American's latest offer earlier this month.

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