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Stock impact report

UPDATE 1-American Airlines asks court to block disruptive 'slowdown' by mechanics unions [Reuters]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Reuters
American Airlines asks court to block disruptive 'slowdown' by mechanics unions - Reuters 3 Min Read CHICAGO (Reuters) - American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that it said on Monday threatened to disrupt U.S. summer travel. The lawsuit, filed in the Northern District of Texas federal court, accuses the mechanics unions of directing a slowdown aimed at disrupting operations to improve their position in labor talks, which began in 2015. The unions did not immediately return a request for comment. American, the world’s largest airline by passenger traffic, said the mechanics’ action had intensified in recent weeks after causing 650 flight cancellations and more than 1,500 maintenance delays since February. “American estimates that, for each day that the slowdown continues into the summer, it will disrupt the travel plans of approximately 3,400 additional passengers per day Show less Read more
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