FOR IMMEDIATE RELEASE
Captain Tom Hoban
ALLIED PILOTS ASSOCIATION: "WE LOOK FORWARD TO SHARING IN THE MERGER'S SUCCESS"
FORT WORTH, Texas (July 24, 2014) — Allied Pilots Association President Capt. Keith Wilson issued a statement in response to American Airlines' second-quarter results announced earlier today. The airline posted a record net quarterly profit of $1.5 billion and announced its first shareholder dividend since 1980.
The full text of Capt. Wilson's statement:
"We're very encouraged by the news that American Airlines produced the highest quarterly profit in the airline's history. The merger of American Airlines and US Airways is proceeding rapidly and producing results that significantly exceed the most optimistic pre-merger projections. By many metrics, American Airlines' financial performance is already in line with industry leader Delta Air Lines.
"The pilots of American Airlines advocated aggressively for the merger of American Airlines and US Airways. We recognized that further consolidation was in the best interests of our pilots, fellow employees, investors and the traveling public. We are pleased that the merger came to fruition and are gratified by the airline's financial results, which stand as a strong testament to the capabilities of our management team and fellow front-line employees.
"After a decade of deep sacrifice, we look forward to sharing in the merger's success. Our pilots' compensation should be commensurate with American Airlines' robust financial performance and in line with our industry peers."
Founded in 1963, the Allied Pilots Association — the largest independent pilots union in the United States — is headquartered in Fort Worth, Texas. APA represents the 10,000 pilots of American Airlines, including several hundred pilots on full-time military leave of absence serving in the armed forces. The union's website is www.alliedpilots.org. American Airlines is the world's largest passenger airline.