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American Airlines Pilots Union Loses Appeal to Highest Court.
Publication: The Dallas Morning News (Dallas, Texas) (via Knight-Ridder/Tribune Business News) Publication Date: 27-FEB-01 |
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COPYRIGHT 2001 The Dallas Morning News
Byline: Katherine Yung
Feb. 27--The union representing pilots at American Airlines Inc. said it lacks the funds to pay a $45.5 million judgment after the U.S. Supreme Court on Monday declined to hear an appeal of the penalty.
The judgment threatens to bankrupt the Allied Pilots Association unless the union can reach a settlement with the airline over collection of the money.
"It [the decision] was not unexpected," said union spokesman Drew Engelke. "The Supreme Court's action is not a ruling...
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