Transport Workers Union Local 514 http://twu514.org We are the people who maintain American Airlines in: Tulsa Ok., Oklahoma City Ok., El PasoTx., San Antonio Tx., Memphis Tn. Sat, 04 Feb 2012 21:00:06 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 ATD Today February 4, 2012 http://twu514.org/blog/2012/02/04/atd-today-february-4-2012/ http://twu514.org/blog/2012/02/04/atd-today-february-4-2012/#comments Sat, 04 Feb 2012 21:00:06 +0000 Al Ball http://twu514.org/blog/2012/02/04/atd-today-february-4-2012/
  • AA Bankruptcy Update
    Dear Brothers and Sisters:

    As we all know, the AMR bankruptcy has exacerbated an already difficult time for our members. TWU recognizes the anxiety and fear inflicted by their actions on you and your families. Be assured, we are taking all actions possible to protect your job, your wages and benefits.

    On Wednesday Feb. 1, AMR announced their restructuring plan, a plan that deals a heavy blow to nearly 9,000 of our members. Their reorganization plan will be evaluated and challenged by our negotiating teams.

    AMRs proposed business plan would terminate all existing pension plans, eliminate nearly a third of its maintenance employees at the Tulsa base, and close the Alliance maintenance base in Fort Worth, Texas. Only the Texas Aero Engine Services (TAESL) joint venture with Rolls Royce LTD could remain.

    AMR also proposed outsourcing 27 stations that would affect over 4,000 fleet service workers and a variety of other job classifications across the AA system.

    In total, the AMR plan will slash at least 13,000 jobs – over 15 percent of its workforce. This is a devastating hit to families already suffering through economic hard times. It is even more troubling for those who gave up so much in 2003 to keep this company from filing bankruptcy.

    To counter this unbelievable proposal, the TWUs plan is in full operation. We need you to join us. We all realize that this is the most critical time in our member’s lives and their careers.

    Our action plan includes:
    Nationally recognized legal counsel specialized in 1113 airline bankruptcy
    A team of leading labor attorneys
    Expert economists and financial advisors to review AMRs balance sheet
    Members mobilization, communication and outreach to business communities
    Political and civic leader involvement, locally and nationally
    External national media communications plan

    We are counting on your support to rally your coworkers, friends and family members. You can help us get the message out – AMRs plan is devastating to working families and our communities. We will continue to update you via the web site, texts and email blasts.

    **(AAs Term sheets forDispatch, Fleet Service, Instructors, MCT, Mechanics, Sim Techs, and Storesare posted on the TWU website: http://aa.twu.org/

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    ]]>     http://twu514.org/blog/2012/02/04/atd-today-february-4-2012/feed/ 0     AMR and the return of the bare-knuckled bankruptcy Read more: AMR and the return of the bare-knuckled bankruptcy – The Deal Pipeline http://twu514.org/blog/2012/02/04/amr-and-the-return-of-the-bare-knuckled-bankruptcy-read-more-amr-and-the-return-of-the-bare-knuckled-bankruptcy-the-deal-pipeline/ http://twu514.org/blog/2012/02/04/amr-and-the-return-of-the-bare-knuckled-bankruptcy-read-more-amr-and-the-return-of-the-bare-knuckled-bankruptcy-the-deal-pipeline/#comments Sat, 04 Feb 2012 14:38:57 +0000 Al Ball http://twu514.org/?p=5195 These are some clippings from the article:

    They (Companies) gab with unions that represent their workers and creditors and banks that hold their debt. Some even put out press releases telling the world just how well they’re doing.
    It ordered $38 billion worth of planes four months before submitting its Chapter 11 petition — hardly a distress call about what was to come. Nor did it tell its unions that its latest offer to them would be its last before a bankruptcy filing.

    The cunning with which AMR carried out its pre-Chapter 11 business and its long resistance to bankruptcy when so many of its rivals filed so readily shows that the Fort Worth-based carrier has no interest in the kind of quick, well-oiled bankruptcy proceeding, where financing and reorganization plans have been vetted, voted on and delivered with a blow in the bankruptcy petition itself. Instead, AMR has girded for a fight.

    Read the entire article HERE
    ]]>     http://twu514.org/blog/2012/02/04/amr-and-the-return-of-the-bare-knuckled-bankruptcy-read-more-amr-and-the-return-of-the-bare-knuckled-bankruptcy-the-deal-pipeline/feed/ 0     This Week @ Local 514 http://twu514.org/blog/2012/02/03/this-week-local-514/ http://twu514.org/blog/2012/02/03/this-week-local-514/#comments Fri, 03 Feb 2012 19:46:31 +0000 Al Ball http://twu514.org/?p=5181 Negotiations Update:

    The information you received yesterday, 2-1-2012, was distributed to the media and published to AA web sites, yet it was not shared with the Negotiations Committee. Now that the negotiations committee has seen these proposals we know that they are asking for much more than they can justify. The numbers given out are subject to change if necessary because of future negotiations. The real numbers remain to be seen.

    The Negotiations Committee is now charged with asking for all the information that AA is using to justify their position. Make no mistake, They are fighting for our jobs and rights. The cuts are deep and outright wrong. The Negotiating Team will be working to limit the desires of the company. The Negotiating Team has the facts on our side. They are ready to use these facts in court with the Creditor’s Committee.

    Email:
    It has come to my attention that some emails we have sent, about the American Airlines terms, have made it look like we here at local 514 agree with or are wanting to promote AA and the decisions that they have made to achieve such proposals. That could not be further from the truth. We are putting any and all information out as it becomes available. You need to ask your questions, you need to be educated on this process, and we will do our best to get you there. You can submit questions on the TWU514.org website at any time, Call the Grievance office @ 918-292-3213 and even call the hall, @ 918-437-4300.
    Bankruptcy Questions:
    We have received numerous questions on the TWU514.org website relating to the AA bankruptcy. Although we are diligently working toward finding these answers they have been piling up. Please take time and visit the AA.TWU.org website and read the Q&A section to see if your question has been answered. If you have not received a reply from us, chances are we do not have your answer. Many question you have submitted will be answered in the days to come through the courts and negotiations process. All others we will do our best to get answered.
    ]]>     http://twu514.org/blog/2012/02/03/this-week-local-514/feed/ 0     Drawing for FREE OKC Thunder Basketball Tickets http://twu514.org/blog/2012/02/03/drawing-for-free-okc-thunder-basketball-tickets/ http://twu514.org/blog/2012/02/03/drawing-for-free-okc-thunder-basketball-tickets/#comments Fri, 03 Feb 2012 18:47:15 +0000 Al Ball http://twu514.org/?p=5183 Twenty lucky members will win a pair of tickets to one of the following games: Friday, February 17, 2012 and Sunday, February 19, 2012.  (We have ten pairs of tickets to each game)

    In order to win, simply go by the Union Hall Office, 11945 East Pine St., Tulsa, and place your name and a contact phone number in the drawing box. Only one entry per person per game. However, If you bring a non-perishable item for the community food bank, you will receive an additional chance to win the tickets. The drawing will be held on Wednesday, February 15, 2012, 9:00am at the Union Hall Office.

     

    OKC Thunder Feb 2012-PDF

    ]]>     http://twu514.org/blog/2012/02/03/drawing-for-free-okc-thunder-basketball-tickets/feed/ 0     Recent Bankruptcies Just the Beginning? http://twu514.org/blog/2012/02/03/recent-bankruptcies-just-the-beginning/ http://twu514.org/blog/2012/02/03/recent-bankruptcies-just-the-beginning/#comments Fri, 03 Feb 2012 11:21:40 +0000 Al Ball http://twu514.org/?p=5178 Peter Kaufman, Gordian Group president and head of Restructuring and Distressed M&A, on the recent bankruptcies from Eastman Kodak and AMR, and why this is just the beginning.

     

    View the video here

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