Sorry AAL_Silverbird - the comment about 'greedy pilots' was largely a tongue-in-cheek one prompted by our friend Notso Fantastic (and others) who say that I blame everything on the 'greedy pilots'. As this article included an atribution of the losses to increased labour costs, I couldn't resist it.
That said, bearing in mind that Delta's latest round of pay increases add half a billion dollars to overheads per annum (more than the cumulative profit over the last ten years) - what will the effect be with American?