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Binding Arbitration between American Airlines and the Allied Pilots Association

Mr. Bass was an actuarial consultant for the Allied Pilots Association of American Airlines in their dealings with American Airlines and its parent company, AMRDuring labor negotiations, they could not come to an amicable arrangement regarding Pension Plans and Health Insurance PlansThe agreed to take the case to Binding Arbitration before a Magistrate where his decision would be finalThe case involved a difference of opinion of tens of millions of dollarsIt was agreed that there would be a minimum amount (which American Airlines desired) to a maximum amount (which the Allied Pilots Association desired)While there were many parties involved in this matter, Mr. Bass testified on behalf of the Allied Pilots Association as to the economic requirements for the Allied Pilots Association.   The final ruling by the Arbitrator was outside the range in favor of the Allied Pilots Association.