AAL - What's Going On With American Airlines Shares On Friday? | Benzinga
After a big dip on Friday morning, American Airlines Group Inc. (NASDAQ:AAL) shares are now trading higher.
The air carrier faces potential labor unrest as its unionized flight attendants threaten to strike, following failed negotiations over a new contract.
Union representatives indicated major issues, including wage increases and retroactive pay, remain unresolved, according to a report from Bloomberg.
The union advised all flight attendants to prepare for a possible strike, citing significant differences on key issues.
It expressed doubt that the National Mediation Board (NMB), which had been mediating the discussions, would schedule further talks.
The union cannot ...