Mechanic and Related STORES Effective DOS 3% Effective DOS 3.5% Effective DOS +12 mos, 3% Effective DOS +12 mos, 2% Effective DOS +24 mos, 3% Effective DOS +24 mos, 2% Effective DOS + 36 mos, 3% (1 Wage Adjustment) Effective DOS + 36 mos, 1.5% (1 Wage Adjustment) Effective DOS + 48 mos, 1.5% (Early…
Category: American Airlines
Special Jetwire – Tuesday, July 10, 2012
Dear American Team: Thanks to the efforts of each of you, American is well down the path to a successful restructuring to restore our company to industry leadership. Our strategy for the new American is strong and is rapidly gaining altitude. We have hubs in the most important markets, the best international alliance partners, and…
AMR Bankruptcy Update for July 9, 2012
TWU Negotiators representing Maintenance and Related and Stores work groups met with the Company today to review vital data requested last week. There are still remaining open issues to be resolved. The Negotiating Teams are meeting again tomorrow morning. We will keep you posted as updates become available. American Eagle TWU Negotiators will reconvene their…
AMERICAN AIRLINES INC. PROPOSAL TO THE RETIREE COMMITTEE TO MODIFY RETIREE MEDICAL AND LIFE INSURANCE BENEFITS 7-6-2012
American Airlines, Inc. (“Company”) proposes the following changes to retiree medical and life insurance benefits: Retiree medical option for age 65 and over will cease. Retirees will be offered access to purchase a guaranteed issue Medicare supplement plan through a third party administrator, to the extent available. Early retirees (non-pilots age 55 – 65 or…
Retiree Questions & Answers: AMR Bankruptcy – 7-6-2012
Added 7/6/2012 Q. What does it mean that American Airlines has made a proposal to the Retiree Committee? By making a proposal to the Retiree Committee, American Airlines has commenced the process to negotiate about changes in retiree medical and life insurance benefits for retirees. Added 7/6/2012 Q. Why is American Airlines making a proposal…
AMR Bankruptcy Update for July 3, 2012
Today, TWU Stores and Maintenance and Related negotiators met again with the Company. While the talks were intense, critical information was needed by the TWU teams before any final decisions could be made. That information is still pending. AA indicated it would have the data to the union’s experts as soon as possible. Once the information…
AMR Bankruptcy Update for July 2, 2012
TWU Maintenance and Related and Stores negotiators met with the Company today at FSU. Both sides continue to try and reach consensual agreements. There was some positive news last week when the Company lowered its ask for APA. The TWU groups will meet with Company representatives again tomorrow. We will keep you posted as soon…
AMR Request another extension to “Exclusivity” Period, from September 27, 2012 to December 27, 2012
AMR stated that the unsecured creditors agree to support the three month extension to AMR’s exclusive right to offer a restructuring plan. Judge Lane, is expected to rule on this request the first week in July. AMR spokeswoman Missy Cousino said that the company’s turnaround plan is gaining momentum and that creditors were “expressing confidence in…
American Airlines – Special Update “Me Too” Clause, June 30, 2012
The full description of the Fleet Service “me too” document signed by President Little is available here. The full documentation is being distributed to the TWU Locals and additional information will be posted in future updates. View the Fleet Service “me too” document
AMR Bankruptcy Update for June 28, 2012
Today TWU leaders and the Company signed the “me too” clause enhancements for Fleet Service, Dispatchers, Simulator Technicians, Ground School Instructors and Maintenance and Control Technicians. On June 26th and 27th the Negotiating Committee’s met with the Company in order to take advantage of the “me too” clauses included in the five ratified contracts. The…