The Bankruptcy Court today conducted a hearing about confirmation of the AMR plan of reorganization. At the outset of the hearing, the Court read a prepared statement stating that it has questions about whether the confirmation hearing should proceed in light of the Justice Department lawsuit. The Court directed briefing on this issue and will…
Day: August 15, 2013
Statement by Transport Workers Union of America Air Transport Director Garry Drummond on Today’s American Airlines Bankruptcy Hearing and TWU Actions in Response to DOJ Lawsuit
It became even more apparent in Judge Lane’s courtroom today that the best course of action for American Airlines, its workers and consumers is for the merger with US Airways to go forward as planned. The Department of Justice through its legal maneuvers is trying to create a duopoly where United and Delta would dominate…
TWU Launches Campaign to Oppose DOJ’s Attempt to Block American Airlines–US Airways Merger
The TWU is preparing a comprehensive campaign to oppose the Department of Justice’s attempt to block the American Airlines-US Airways merger. The DOJ’s action is irresponsible and interferes with a reorganization plan that will place American Airlines on firm economic footing. The DOJ’s lawsuit fails to consider the economic turmoil that has caused instability in…