Category: Bankruptcy

“Early Out” numbers as of September 12, 2012

All – FYI Below are the Early Out and Stand In Stead (SIS) numbers for Title I, II and V as of this morning. Starting tomorrow a breakdown for each station/title group will be on the Early Out page of jet net (the same place to go and sign up for EO). Fraternally, Don V…

Letter from Sam Cirri, President TWU 514

Dear Brothers and Sisters, Today Judge Lane made his decision to place AA’s restructuring Final Last Best Offer as our Current Bargaining agreement. Since November 2011, we have all been living and working under some very stressful conditions. Today will be the Date of Signing. Any raises will be effective as of September 12, 2012.…

Court Update Sept 12, 2012

On September 12, 2012, the Bankruptcy Court approved the motion of American Airlines to authorize American to enter into the new collective bargaining agreements with the Mechanic & Related and Stores employee groups and the related Settlement Letter and Letters of Memorandum. In addition, the Bankruptcy Court approved American’s motion to authorize it to enter…

Texas Members and the Early Out Program

Below are the two most frequently asked questions that we sent to the Texas Workforce Commission along with their answers: 1. If one of our members takes the early out package, would they still be eligible for unemployment if they would have been laid off anyway? If the location is closing and all workers would…

Early Out Workshops

Attn: Local 514 members Thursday, September 13 …….. 7:45 AM 11:45 AM Tuesday, September 18 ………. 3:45 PM Location…………………………… TWU Hall 11929 East Pine Street * Conducted by Mark Loeber of the Advancement Group. TWU of America, Local 514 Mike McDonald Vice President Early Out Workshops Bulletin in PDF

FYI – Yesterday’s APA Bankruptcy Court Decision

Following up on yesterday’s bankruptcy court decision on the APA’s contract being abrogated in the Dallas Morning News blog and the Article referencing that the Creditors Committee statement that “American Airlines must have a pilots deal before leaving bankruptcy” (also below). First, the comment about needing an agreement with the pilots to exit bankruptcy was…

Pre-Funded Retiree Medical Contributions – Letter from Don Videtich, 9-4-2012 to Local Presidents

Unfortunately we have had an issue with misinformation being disseminated to the membership and I have been receiving calls. The newly ratified TWU/AA agreements, approval of which is scheduled for hearing before the Bankruptcy Court next week, provides that TWU Members who are participants in the prefunding program will receive their own contributions plus investment…