Day: May 10, 2012

American Airlines TWU Settlement Proposal Q&A 5.10.12

General Q. Is it true that the Company will implement the 1.5% annual salary increases if the proposal is not ratified? No, the 1.5% increases, along with Profit Sharing, the 401(k) match, the gain sharing proposal, and the Early Out are all contingent upon achieving a consensual, ratified agreement. That has been made very clear…

TWU Early-Out Incentive Program Q&A – May 10, 2012

Process When will I be able to sign up for the Early-Out? Information about the sign-up window will be available subsequent to ratification of the TWU agreements. How do I sign up for the Early-Out? That process is still being finalized, but will most likely be similar to how employees sign up for Stand-in-Stead options.…

TWU Early Out recipients Can collect UnEmployment

To Oklahoma TWU members: We reviewed the Early Out Incentive Allowance you submitted and based on that alone, it appears individuals taking this option would be preventing an involuntary furlough, in which case we would allow UI benefits based upon those facts. This is not a determination, as notice will go to the employer once…