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Strong profit to boost wage hikes: American

Flight attendants to get 4 percentage points more on top of raises averaging 10 per cent

THANKS TO OIL: American's profits have risen as oil prices have collapsed. It also did not hedge against prices rising.

New York

AMERICAN Airlines Group Inc said on Tuesday that it plans to pay flight attendants an additional four percentage points on top of raises already averaging 10 per cent, thanks to profits that have strengthened as oil prices have collapsed.

In a letter to employees, chief...

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