May 10, 2012 Dear Jim: There have been a number of misstatements recently made on the various Internet blogs, YouTube videos and other collateral material produced by some of the TWU Locals about the Company’s March Term Sheets that are before the Court. They paint a very inaccurate picture of what will happen if the…
Category: Bankruptcy
American Airlines TWU Settlement Proposal Q&A 5.10.12
General Q. Is it true that the Company will implement the 1.5% annual salary increases if the proposal is not ratified? No, the 1.5% increases, along with Profit Sharing, the 401(k) match, the gain sharing proposal, and the Early Out are all contingent upon achieving a consensual, ratified agreement. That has been made very clear…
TWU Early-Out Incentive Program Q&A – May 10, 2012
Process When will I be able to sign up for the Early-Out? Information about the sign-up window will be available subsequent to ratification of the TWU agreements. How do I sign up for the Early-Out? That process is still being finalized, but will most likely be similar to how employees sign up for Stand-in-Stead options.…
TWU Early Out recipients Can collect UnEmployment
To Oklahoma TWU members: We reviewed the Early Out Incentive Allowance you submitted and based on that alone, it appears individuals taking this option would be preventing an involuntary furlough, in which case we would allow UI benefits based upon those facts. This is not a determination, as notice will go to the employer once…
KRMG Interview with John Hewitt
This is the Interview with KRMG on 5-9-2012 with John Hewitt discussing the Last Best Offer. It is in MP3 format. KRMG Interview with John Hewitt 5-9-2012 MP3 audio format
Review the facts…Make up your own mind…and then vote!!!
This upcoming vote is your chance to decide the next step. We urge you, before voting, to carefully review the facts so that you will be fully informed before making this important decision for you and your family. Note that we have made no recommendation on how you should vote. We have, however, provided you…
TWU Urging American Airlines Workers to Vote
(TULSA, Okla.) — Transport Workers Union officials in Tulsa on Wednesday urged thousands of American Airlines mechanics and related workers to vote on the “Last Best Offer” from American Airlines. The polling begins at 12:01 a.m. Thursday, May 10 and ends Monday, May 14 just before midnight. Members can vote online or by telephone using…
American Going Eastern?
by Todd Wissing Make no mistake: this is not about the survival of AMR corporation or American Airlines. Entering bankruptcy with over $5 billion, the company is not in legitimate jeopardy; the bankruptcy filing is, all involved acknowledge, simply a strategy employed to break the unions, its employees and to completely throw out union contracts.…
Jim Little Conference call, May 7th 2012
See the below link for the Conf. Call made on May 7th 2012, 6:10 pm CDT. Jim Little Conference call May 7th 2012 in MP3 Format
Prefunding info on Jetnet.com
Employee Prefunding Balance Your employee prefunding balance is $(Your Balance Displayed Here) as of March 31, 2012, and includes investment earnings through this date, this does not include Company contributions. Review the information below for additional information. Key Topic – Prefunding Today, TWU-represented employees at American Airlines contribute an amount each pay period to a trust…