Yesterday, Ed Wytkind of the Transportation Trades Department (TTD), AFL-CIO, wrote DOJ opposing their challenge of the US Air – American Airlines merger. The letter states that DOJ’s actions stand to harm U.S. workers and that if the merger is not allowed to proceed, “both American Airlines and US Airways could once again find themselves in financial peril and the jobs, rights, wages and benefits of front-line workers would likewise be put at serious risk.”
ALPA opposes DOJ’s actions to block the merger, which has the support of labor groups, investors on Wall Street, the Pension Benefit Guaranty Corporation (PBGC), and other stakeholders. The DOJ’s challenge to the merger ignores decades of instability in the airline industry that has caused many carriers to go out of business, communities to lose service, and employees to lose jobs. Furthermore, DOJ’s actions are not rooted in the economic reality facing the aviation industry and its workers, one of the most fiercely competitive industries in the global economy.
Read the full letter from TTD here: http://www.ttd.org/federal-comments/2013-comments/ttd-opposes-dojs-attempts-to-block-americanus-airways-merger/