Boeings employee relations have faced turbulent times in recent months as the Union Of Machinists launched a federal complaint against the company for opening a $750m non-union plant in South Carolina.

However, in early December the union agreed to drop the federal complaint. A tentative agreement was reached between Boeing and the uinions whereby Boeing gets stability in the workforce whereby the Boeing gets stability in the workforce whereby the machinists’ collective bargaining agreement is extended by 4 years in return for a guarantee on jobs.

"It's hopefully the start of a new day of doing business when it comes to negotiating…

Once the US’s largest carrier, American Airlines yesterday filed for bankruptcy protection and its parent company AMR Corporation did likewise. AMR Corporation has also replaced its chief executive Gerard Aprey.Incoming chief executive Tom Horton stated that "The world changed around us," and that "It became increasingly clear that the cost gap between us and our competitors was untenable.".

Bankruptcy protection of Chapter 11 could potentially allow American Airlines to restructure, reduce its labour costs and help it tackle its crippling debt burden. American Airlines have plunged by 60% on receipt of the…