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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

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Pilots' union rejects contract at American Eagle 


DAVID KOENIG, AP Airlines Writer

FORT WORTH, Texas (AP) — The CEO of American Eagle says the American Airlines regional affiliate will be a different outfit that does less flying after leaders of the pilots' union rejected a contract offer.

Eagle wanted the pilots to make labor cost concessions in exchange for letting them fly new, larger planes. Leaders of the local Air Line Pilots Association chapter rejected the offer without sending it to members for a vote. The union said management demanded cuts that would lock in lower wages than pilots earn at other regional airlines.

Union officials said company negotiators warned repeatedly that without a deal, they would keep shrinking the airline until it's small enough to liquidate.

CEO Pedro Fabregas told employees Thursday that the airline would not shut down but would shift more to performing ground operations for other airlines.

Fabregas said American Airlines Group Inc. will begin looking for other airlines to fly 60 Embraer jets that it ordered in December, and the company might take away the largest planes already in Eagle's fleet. The 76-seat Embraers would have replaced some of Eagle's fleet of mostly 44- and 50-seat planes, which have been falling out of favor at current high fuel prices.

American has tried unsuccessfully to sell Eagle in recent years, and it began outsourcing some of its regional flying to other companies such as SkyWest Inc. to reduce costs.

As of December, Eagle had about 12,600 full-time and part-time employees, compared to about 63,000 at American.

 

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Midterms
What was the message of the midterm elections?