Bulletin: American Airlines Pilots' Union May Seek Strike Vote; No Rating Impact - S&P Global Ratings’ Credit Research

Bulletin: American Airlines Pilots' Union May Seek Strike Vote; No Rating Impact

Bulletin: American Airlines Pilots' Union May Seek Strike Vote; No Rating Impact - S&P Global Ratings’ Credit Research
Bulletin: American Airlines Pilots' Union May Seek Strike Vote; No Rating Impact
Published Aug 23, 2012
Published Aug 23, 2012
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Abstract:

NEW YORK (Standard&Poor's) Aug. 23, 2012--The Board of Directors of American Airlines Inc.'s (subsidiary of AMR Corp., both rated 'D') pilots' union said that it would ask members to authorize a strike if American moves to impose any terms of the airline's proposed labor contract. The statement, which media sources report as being in an e-mail to union members, is still several steps removed from any potential strike and has no implication for Standard&Poor's Ratings Services' issuer credit ratings on AMR and American (which are determined by the companies' bankruptcy status) or our ratings on specific debt issues. A strike cannot legally occur until the National Mediation Board (NMB) declares that the company and union are

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Airlines (20302010)
Sector
Global Issuers , Public Finance , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: American Airlines Pilots' Union May Seek Strike Vote; No Rating Impact" Aug 23, 2012. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-American-Airlines-Pilots-Union-May-Seek-Strike-Vote-No-Rating-Impact-1002942>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: American Airlines Pilots' Union May Seek Strike Vote; No Rating Impact Aug 23, 2012. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-American-Airlines-Pilots-Union-May-Seek-Strike-Vote-No-Rating-Impact-1002942>
  
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