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American Eagle Pilots Vote to Ratify Restructuring Agreement

WASHINGTON--(BUSINESS WIRE)-- The American Eagle pilots, represented by the Air Line Pilots Association, Int’l (ALPA) today ratified a bankruptcy restructuring agreement that both ALPA and Eagle’s senior executives tentatively agreed to in August. With more than 85 percent of eligible pilots casting ballots, 75 percent of Eagle pilots voted in favor of the agreement. Representatives of the American Eagle Master Executive Council (MEC), the union’s governing body, approved the tentative agreement in September and sent it out for a ratification vote to all Eagle pilots.

"We are pleased with the level of pilot participation in this very important process as well as the result of the vote,” said Capt. Tony Gutierrez, chairman of the EGL unit of ALPA. “Emerging from bankruptcy with the majority of our hard fought contract in place is a major achievement in helping ensure that Eagle remains a viable career choice for both existing and future pilots. The hard work is not yet over but a massive piece of this process is now complete and we look forward to expeditious approval from the Court."

The newly-ratified contract will now be submitted to the bankruptcy court for 2nd District of New York for final approval.

Founded in 1931, the Air Line Pilots Association, International (ALPA) is the largest airline pilot union in the world and represents nearly 51,000 pilots at 35 U.S. and Canadian airlines, including the more than 3,100 pilots at American Eagle.

ALPA
Dave Ryter, 817-657-8490

Source: Air Line Pilots Association, International