American gets a tentative labor deal done

American Airlines, the only major legacy U.S. carrier that has not used bankruptcy to lower its labor costs, says that it has reached a tentative agreement on a new contract with the Transport Worker's Union, representing its ground-service workers. This is an example of the kind of deal that money-losing AA needs in order to compete effectively with the others. Read more from the airline's hometown paper, the Fort Worth Star-Telegram, at this link.