- - Wednesday, October 3, 2012

Beneath the heat of the August sun, the APA rejected a generous contract. A month later, the air has cooled and its leverage is frozen with its existing contract nullified and its legal recourse stymied (they cannot strike, per bankruptcy law, despite the strike threats). Worse yet, DebtWire’s sources speculate that the APA won’t see another offer as valuable as the last. After all, what brazen unions won’t accept, smart private-equity investors will gladly pursue.

The Allied Pilots Association has only itself to blame for its predicament, and it has no right to lash out in a way that ends up harming the well-being of consumers, American Airlines and, ultimately, its own members.

Timothy H. Lee is vice president of legal and public affairs at the Center for Individual Freedom.