TWU Negotiating Committee Update All title groups continued with the bankruptcy negotiations throughout this week. The goal is clear…mitigate the company’s TWU “ask” of over $390 million, including about 9,000 layoffs. Your Negotiating Team leaders analyze the documents, data and business plans. The various experts retained by TWU, assist them as we bargain at a…
TWU, Local 514 Veterans Committee & Tulsa 66ers Bingo Night
All TWU Veterans are invited to the TWU/Tulsa 66er’s Bingo Night Wednesday, March 14, 2012 3:00 pm – 4:30 pm TWU, Local 514 Union Hall 11945 East Pine Street, Tulsa, OK Bingo prizes will be provided by Tulsa 66ers. This is a TWU, Local 514 Veterans Committee project for Veterans. In order to attend, you…
Vets Fight for Jobs They Left Behind
Michael Schutz came back to Truman, Minn., after being deployed to Kuwait with the Navy and expected to strap on his gun belt, refasten his badge and slide back into the police cruiser for the city, where he had worked full time as a cop before he left to serve his country. Instead he…
AMR – Court Update 3/1/2012
The Bankruptcy Court approved the debtors’ applications to retain and employ Skyworks Capital, LLC as an aircraft restructuring advisor, McKinsey Recovery & Transformation Company, Inc. Japan as a management consultant and Boston Consulting Group, Inc as a strategic consultant including to review and streamline the debtors’ management structure. As to Boston Consulting Group, Inc., the…
Informational Picket, Tulsa International, 2-29-2012
UStream video: Click Here The Informational picket starts @ 11:00 and will run for 3 hours! Arrival, @ Tulsa International Airport.. Hello Brothers and Sisters, There will be an informational picket at the Tulsa International Airport, on Wednesday, the 29th of February. We need your participation. It will run from 11:00 AM till 2:00pm. This…
Good faith Bargaining?
This is the APFA Update for Feb. 28th… American Airlines continues to make its commitment to busting organized labor on its property crystal clear. Yesterday, the airline’s parent company revealed in its Statement of Financial Affairs an expenditure of nearly $400,000 to a firm that specializes in union busting. American Labor Relations Services, which according…
Interesting tidbits from the AMR/American Airlines bankruptcy case
SOURCE: Dallas News You can find out interesting things in the AMR/American Airlines bankruptcy filings When a company files for Chapter 11 protection under the federal bankruptcy code, it has to disclose a lot of things. That’s true for AMR, American Airlines and the various other subsidiaries. Some of those things are interesting, important or both.…
American paid $12.375 million to advisors/consultants for bankruptcy-related services in the past year
According to the financial statement of American Airlines filed in bankruptcy court on Monday, the carrier paid $12.375 million to nine different advisors and consultant firms related to its bankruptcy filing. The payments were made within the past year immediately prior to its bankruptcy filing made in November. The statement said that these payments were…
AA Restructuring – members effected by reduction..
To all members, It has been a question as of late, Just how many members will be effected by reduction due to the restructuring of AA here in Tulsa. Back on February 1st we received the “ASK” terms from AA. The numbers they were asking for are in that letter. (See Below) To my knowledge…
AMR Bankruptcy Update for February 27, 2012
NEGOTIATIONS UPDATE AMR SAYS NO TO EARLY OUT AS DESIGNED Late Friday AA presented its rationale for rejecting TWU’s proposal for an early out proposal. The Company asserts that the program as designed is too costly. However, AA indicated that it would still review such concepts during the entire 1113 process. An early out program…