The Debtors’ filed a Sixth Omnibus Motion of Debtors for Entry of Order Pursuant to 11 U.S.C. § 365(a) Authorizing Rejection of Certain Executory Contracts (Docket No. 1338). According to the motion, over the years, in order to finance the costs of acquisition, construction, equipment, and improvement by American Airlines of certain airport facilities located…
Category: American Airlines
AMR – Court Update 2/22/2012
Today the TWU submitted its response to (i) the motion of the AMR Retirees Pension Protection Corp. (“ARPPC”) for entry of an order appointing an official committee of retired employees pursuant to section 1114(d) of title 11 of the United States Code (the “Bankruptcy Code”), and (ii) the motion (Docket No. 1132) of the Ad…
Bankruptcy Update: 2-22-2012
Posted now on TWUs bankruptcy website: The audio file of TWU’s February 13 Town Hall Call with International President James C. Little, ATD Director Garry Drummond and labor attorney Mark Richard is posted at: http://aa.twu.org. President Little answers questions submitted by members about the AMR bankruptcy. Listen now, go to: http://aa.twu.org.
AA Workers Call on Governor and State Reps for Support
(TULSA, Okla.) — American Airlines workers in Tulsa will be calling on Governor Mary Fallin and seven congressional delegates as well as other state representatives to add their names to www.IsupportAmericanJobs.com, which has attracted the support of more than 15,000 people from coast to coast. Workers also began printing and assembling hundreds of yard signs to publicize their campaign. “This…
Bankruptcy Update 2-20-2012
TWU Negotiators reconvened this afternoon at AMRs Flagship University. All represented work groups met with the company as they presented their analysis of cost outs covering the TWU pensions, medical coverage ptions, and sick time and retiree medical costs savings. The TWU Benefits Committee attended the presentation at the request of the Negotiating Committee. The…
Bankruptcy update .. 2-17-2012
This week has been a whirlwind of meetings, presentations, discussion and activities for TWU negotiators and members. Monday evening TWU International President James C. Little and Air Transport Division Director Garry Drummond hosted a telephonic town hall reporting on the AMR bankruptcy. Members submitted questions via email prior to the call and International President Little…
Q and A from the TWU informational website concerning the AA Bankruptcy
These are the questions that have been added to the TWU informational site concerning the AA Bankruptcy.. since my last emailing of the Q&A, This starts at question 72. You can always visit the aa.twu.org site for all the detailed information. Take Care, Allan Ball TWU514 IT/Communications _______________________________ How does our failed T/A compare (wages, benefits,…
American Airlines Pensions: Get the Facts
American Airlines has announced it wants to end the pension plans of its 130,000 workers and retirees. The company will ask the bankruptcy court to transfer its pension obligations to PBGC. Pensions are promises made to working Americans who count on them for a secure retirement. Those promises should not be broken lightly. PBGC will…
Transport Workers Union Gives AMR Early Out/Separation Proposal; Proposed $75K Incentive Payments an Alternative to Massive Layoffs During Bankruptcy
FORT WORTH – The Transport Workers Union presented plans to American Airlines management today that provide a blueprint for voluntary early out/separation as a way to avoid draconian, involuntary layoffs, while saving money for the company. On February 1, 2012, AMR management announced that it planned to reduce the company’s workforce by 9,000 from TWU-represented work…
TWU Negotiators Propose Early Out Package to AMR
Today, the TWU representing all work groups drafted a serious cost savings proposal for the company. The committee has proposed an early out package for all eligible employees in an immediate cost savings benefit for AMR. Eligibility for the package would include: Plan A: Retirement eligible • 10 years of service and age 55…