Update of FAA Reauthorization Passage Following three-and-a-half years without a full FAA reauthorization, which led to 23 stopgap extensions and one painful showdown of the FAA, the Senate approved the “FAA Air Transportation Modernization and Safety Improvement Act” 75-20. The bill was introduced at the beginning of the 112th Congress, and contains several issues of…
Day: February 7, 2012
AMR Bankruptcy Update for February 6, 2012
The TWU Negotiating Committee met today to continue the arduous task of reviewing the company’s business plan proposals. This is the next step in the 1113 process. After a short presentation by AMR, regarding Active/Retiree medical benefits, the Negotiating Committee began drafting specific questions for the company, based on their projected cost savings per the…
AMR – Court Update 2/6/2012
Meeting of Creditors The initial meeting of creditors has been adjourned to March 22, 2012 at 4:00 p.m. (ET) at 80 Broad Street, 4th Floor, New York, NY 10004. Nicole Stefanelli Associate Lowenstein Sandler PC