TWU Negotiating Committee This week TWU Negotiators started passing first round counter proposals to the company after hours of relentless study, some of it over the past two weekends. All seven work groups drafted proposals for their respective units, responding to AMRs ask of $390 million dollars in cost savings from TWU represented workers. The…
Day: February 24, 2012
AMR – Court Update 2/24/2012
The Debtors’ filed a Sixth Omnibus Motion of Debtors for Entry of Order Pursuant to 11 U.S.C. § 365(a) Authorizing Rejection of Certain Executory Contracts (Docket No. 1338). According to the motion, over the years, in order to finance the costs of acquisition, construction, equipment, and improvement by American Airlines of certain airport facilities located…