Category: Bankruptcy

Key Upcoming Dates

These are tentative dates provided to us by the company. When and if we are notified of any changes we will immediately make that available to all. June 1st – 30th SIS Window Election Period July 6th M&E Provide RIF Numbers July 9th – 16th AFW / DFW / DWH Volunteer Opportunity July 23rd –…

US Airways Term Sheets

In the event of a possible merger between American Airlines and U.S. Airways coming to fruition, the respective term sheets covering TWU represented work groups, is now available for members to review. Please note, that this possible merger is not related to and has nothing to do with the upcoming 1113 voting on AA’s final…

American Eagle Bankruptcy Update, April 26,2012

American Eagle – TWU Negotiators reconvened meetings with the company on Tuesday April 24 at Flagship University. The TWU did not meet with Eagle negotiators the previous week, in order to give them time to gather requested documents. The TWU negotiators continued reviewing the few documents that had been provided and updated by the company.…

Nick Brown, Reuters – Tweets from Inside Bankruptcy Courthouse

Heading to #bankruptcy court for Day 4 of #AMR. Company’s HR head Jeff Brundage (who oversees labor issues) will take the stand. Brundage to argue biz plan maintains base pay rate as much as possible, outsources certain jobs where necessary. #AMR Brundage concedes what #AMR unions have argued: that biz plan seeks steeper labor cuts than pre-#bankruptcy negotiations. But justifies: Back then…

TWU on CNBC

Watch CNBC’s interview with TWU International President James C. Little during Mondays Battery Park protest in New York City and Peter Kaufman, CEO of the Gordian Group. President Little and Kaufman give their view on why the TWU and other AMR labor unions, support a possible merger by U.S. Airways.  The TWU hired the Gordian…

Important Bankruptcy Update, April 25,2012

When American Airlines declared bankruptcy the TWU had three options for a response. The first option was mandatory under the bankruptcy code. We had to attempt to negotiate an agreement which provided the Company with the relief necessary for it to reorganize under Chapter 11 of the Bankruptcy Code. We could also litigate the issue…

AMR Bankruptcy Update for April 25, 2012

Our negotiators are still in Dallas awaiting the final full text language on AA’s last concessionary ask. We are still attempting to mitigate parts of the Company’s last offer. We anticipate these talks to continue through most of this week. If this timeline holds up, we expect to then announce a ratification vote schedule on…

Jason Whitely, Tweets from AA Bankruptcy Court- April 24, 2012

JasonWhitely This is posted at 4:10pm, 4-24-2012— JasonWhitely I’ve stepped out of the courtroom to prepare a story for our 6p and another for our 10p newscasts. Court has about another hour.#aawfaa16 seconds ago · reply · retweet · favorite JasonWhitely @RoyceSeabaugh Questioning has dragged a little…53 seconds ago · reply · retweet · favorite JasonWhitely Bankruptcy judge is policing unions attorneys on being productive and not wasting time… #aawfaaabout 1 hour…

Reuters News article Stating that Vote will be held next week is FALSE

AMR union to vote next week on proposal: sources www.reuters.com (Reuters) – The union representing seven work groups at bankrupt American Airlines will vote starting next week on the carrier’s best and final contract offer, with results expected before unions testify This article currently has no merit. The vote on the last best offer has…