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FORT WORTH, Texas (AP) - American Airlines pilots asked the company Thursday for a 30.5 percent pay raise plus signing bonuses, which union leaders said would make up for pay cuts that the employees accepted in 2003.
The pilots' union put the cost of the raises at $450 million a year and said signing bonuses would be a one-time expense of $400 million. One union official suggested the costs could be met with "fairly minimal" fare increases.
American's parent, AMR Corp., earned $231 million last year, its first profitable year since 2000.
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