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Airline Stocks Plunge After American's 'Worrying Precedent' on Pay – Bloomberg
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Bloomberg Airline Stocks Plunge After American's 'Worrying Precedent' on PayBloombergAmerican Airlines Group Inc. sent industry stocks reeling after unexpectedly granting pay raises to pilots and flight attendants — a move seen as weakening the case that carriers are poised to generate steady profits. The pay bumps will add $930 …American Airlines' stock sinks as pay-raise […]

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