traderjake
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McKee conceded that he is not a supporter of the memorandum of understanding, expected to be approved in pilot voting that concludes on Friday, which would be implemented in an expected merger with American Airlines. The MOU would bring $1.6 billion worth of benefits to US Airways pilots. They would receive pay increases of 13% to 35% over current rates and substantial increases beyond that, as well as lump sum payments of $10,000 each, as their pay is brought to the level of American pilots.
http://www.forbes.com/sites/tedreed/2013/02/06/us-airways-pilots-in-charlotte-defeat-recall-effort/?partner=yahootix
http://www.forbes.com/sites/tedreed/2013/02/06/us-airways-pilots-in-charlotte-defeat-recall-effort/?partner=yahootix