We’ve shared before that the majority of U.S.-based legacy American employees are eligible to receive 23.6 percent of the shares of common stock in the new company (AAL) distributed to holders of allowed unsecured claims. As of March 9, American has distributed approximately 27.5 million AAL shares to eligible U.S.-based legacy American employees. With respect…
Category: American Airlines
514 – What’s on the plate
Prefunding, Company Portion (1114) I called Judge Lanes office on Thursday, No decision has been made on the 1114. Judge Lane’s Opinion Site is where it will be posted as soon as it is made LINK HERE What Unions Do Respect on the job? Check. Fairness. Check. Training opportunities? Check. A voice at work? Check. Read MORE Shop…
Stand in Steads Release Date is Friday, April 11, 2014
There were 43 members that took the recent Stand in Stead package here in Tulsa. Today Mark Easton Notified us that the effective date of release will be Friday April 11, 2014. All employees should be notified this week by their supervisor.
Letter from President Dale Danker – RE: IAC increasing the equity reserve to 14%
To All Local 514 Members, The former AA/TWU (Early Outs) employees who were excluded from three (3) components of the equity are in fact claiming this equity is theirs. Class action lawsuits have been filed on their behalf. In preparation to defend against these lawsuits and prevent a possible injunction to halt any further distributions…
Update to American Airlines Employees Eligible for Equity Distributions
March 23, 2014 TO: TWU AA Locals 501 – 591 RE: Update to American Airlines Employees Eligible for Equity Distributions Over the last four months, three class actions have been filed on behalf of former AA employees who were excluded from equity distributions under the TWU Equity Distribution Plan adopted last year. TWU, acting at…
American Airlines / Aircraft Maintenance Prescription Safety Glasses Policy Guidelines
Aircraft Line Maintenance, TULE and DWH Base Operating Units have selected 3M as the supplier of prescription safety glasses for Aircraft Maintenance Technicians, Stores personnel, and Supervisory personnel. Program Scope: The Company will provide prescription Safety Glasses to Aircraft Maintenance Technicians, Aircraft Maintenance Stores personnel, and those management and support staff exposed to…
The Transport Workers Union’s Lombardo Expresses Full Support for Machinists Union’s Effort to be Free to Strike American Airlines
Washington –The President of the Transport Workers Union of America (TWU), Harry Lombardo, today announced that the International Association of Machinists (IAM) would have TWU’s full support in its efforts to seek release from the federal National Mediation Board (NMB). Under the Railway Labor Act, airline and railroad workers in the United States must seek…
Bankruptcy judge says he’s preparing to rule on American Airlines retiree issue
SOURCE: Dallas Morning News U.S. Bankruptcy Judge Sean Lane told American Airlines attorneys Tuesday that he expects to rule soon on whether the airline can modify retiree health and life insurance benefits. Retirees, who face losing American’s help on paying insurance premiums, have been waiting for the judge to rule since Lane held a…
514 – What’s on the plate
2013 – Profit Sharing Payment should now be in your account Here is a Q&A from Jetnet with some more specifics Congratulations to Mark Bruski 2013 George Meany Scouting Award Recipient In recognition of contributions to America’s future, the AFL-CIO Executive Council established the George Meany Award. MORE HERE Jarrett Clingan Tool Raffle TWU514 member,…
2013 – Profit Sharing
An update on the profit sharing not showing in epays. The fix is supposed to be in place by 11:00 am, but in the until that time, if employees check their bank accounts they should see the monies deposited. The issue wasn’t with the “checks being cut” it was just an IT issue with it…