Part one of term paper
Business Week Heavy Weather at American Jan.27 1997 pg 32 There is a big shake up at American Airlines. The pilots want more money but management has already spent it. Another strike you say. Yip, looks like it. The chief executive of American Airlines was stunned when on January 8, by an overwhelming vote, pilots rejected a tentative ...

Part two of term paper
... having to pay higher pilot salaries and buy new aircraft makes it an uneconomical investment, in other words they can not do both and still stay in business. A strike could even threaten a purposed alliance with British Airways. American in not alone though. With industry profits on the constant rise, employees of other airlines are pushing for higher pay also, but undeniably American is in the worst position right now. It looks to me like the pilots were not very happy with the decision to pu ...