AMR Cancels Flights as Pilots "Call In Sick"
Sep 30th 2012 4:42PM
Updated Sep 30th 2012 4:52PM
American Airlines has been forced to cancel hundreds of flights because of a shortage of pilots. The unions have been in a battle with parent company AMR for months, and pilots were in support of a proposed merger with U.S. Airways back in April. Although it hasn't happened yet, Fool.com analyst Brendan Byrnes believes that a merger is ultimately likely. Much consolidation has taken place in the airlines industry lately -- Delta and Northwest; United and Continental; Southwest and AirTran -- with U.S. Airways and AMR up next.
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The article AMR Cancels Flights as Pilots "Call In Sick" originally appeared on Fool.com.Austin Smith, Brendan Byrnes, and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend Southwest Airlines. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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