Category: Bankruptcy

Unemployment Benefits and the Early Out / Stand in Stead packages.

In the Employee Information Package General Information for TWU Employees Accepting an Early Out Incentive Package located on JetNet, it states in part: “As a condition of accepting the Early Out Incentive Package and being approved, with respect to any claim for state benefits including unemployment compensation.” Question: Does this mean that if an employee accepts the…

AMR Bankruptcy Update for August 30, 2012

American Airlines/ Early Out Info Attention: Maintenance and Related and Stores (Material Logistics Specialists) There are a number of assumptions, speculation and misinformation out there about the Early Out requirements and deadlines associated with it. To clarify some facts for Maintenance and Related and Material Logistics Specialists, an extensive Q and A has been posted…

Prefunding

The prefunding for Maintenance & Related and Stores are still in effect at this time. The indication from the company is that prefunding will cease near the end of the year or possibly earlier. This means that if you were to retire this year, you are entitled to retiree medical until the program is terminated.…

M&R Early Out letter – August 29, 2012

As most of you know we are looking at September 12, 2012 as the date our M&R and Stores agreements are approved by the court.  We have been waiting for the Company to finalize their ‘transition’ plan – so we can identify the actual timeline for the movement of work to TUL and DWH and…

Stores Early Out Letter from the ATD – August 29, 2012

As most of you know we are looking at September 12, 2012 as the date our M&R and Stores agreements are approved by the court.  We have been waiting for the Company to finalize their ‘transition’ plan – so we can identify the actual timeline for the movement of work to TUL and DWH and…

AA Bankruptcy Update

Court Update Today, the debtors (American Airlines) filed a motion seeking court approval and authorization of the recently ratified new collective bargaining agreements (CBA’s) with the TWU Mechanic & Related and Stores employee groups. The agreements reached, came about after an extensive proceeding under section 1113 of the Bankruptcy Code, a lot of hard work…

AMR filed a renewed motion for 1113 relief against the APA on August 17, 2012

The motion is scheduled for hearing on September 4, 2012. Memorandum In Support Of Renewed Motion Pursuant To 11 U.S.C. § 1113 Authorizing Debtors To Reject Collective Bargaining Agreement Renewed Motion Of Debtors For Entry Of Order Pursuant To 11 U.S.C. § 1113 Authorizing Rejection Of Collective Bargaining Agreement With The Allied Pilots Association Declaration…

Flight Attendants in Favor of American Airlines’ Contract Offer

The bankruptcy laws of this country were set up to protect corporate assets and not people. Placing their futures into the hands of the bankruptcy court would have been a costly mistake for flight attendants. Like ground workers represented by TWU, APFA’s members knew that they could not rely on a court decision for a…

APFA Website – Bankruptcy Court’s Ruling – Devastating for AA’s Unions

Contrary to early reports Wednesday, the Section 1113 ruling was devastating for organized labor at American Airlines. Unfortunately, the more we read of the 111-page ruling on American’s Section 1113 motion, the more clear it is that the judge has no interest in preserving labor contracts at American Airlines. Abrogation of the pilots’ contract is…