Ft. Worth, Texas—On Wed., Mar. 21, the Transport Workers Union (TWU) will brief the media on AMR’s business plan and changes to working conditions affecting TWU workers at American Eagle. The union also will discuss next steps in the bankruptcy process and actions TWU intends to pursue. The briefing will follow meetings earlier in the…
Category: Bankruptcy
Letter from Sam Cirri, March 20, 2012
Your negotiating committee has been working on your behalf to make the company and the legal system understand the value you bring to this company. In doing so, we have enlisted many experts, i.e. Bankruptcy and Labor Attorneys, economists, Health Insurance specialists, etc. As you know, the Local 514 membership has a large stake in the outcome…
Tell us your story…
We are looking for families willing to have their picture taken and tell their story on how American Airlines’ bankruptcy has and could effect them. We are looking to use them for the “I Support American Jobs.com” Pledge site. Please contact the Union Hall at 918 437-4300 if you are interested. We will be setting…
PBGC Objection to Procedures
The PBGC filed an objection to the Debtors’ motion establishing procedures for settling certain claims. The PBGC objects to the provisions of the Debtors’ proposed procedures that would permit the Debtors to settle claims where the settlement amount is within 10% of the scheduled amount of the creditors claim, without court or creditor scrutiny, so…
AMR Bankruptcy Update for March 16, 2012
There were no scheduled negotiations between the TWU and AMR today. But, in a letter to the NMB late this afternoon, AMR rejected TWUs proffer of binding arbitration. In the letter, Senior VP Jeff Brundage made it clear that AMR would continue to seek consensual agreements with all of its labor groups through the 1113…
AMR Bankruptcy Update for March 15, 2012 – Negotiations
Today, many of the TWU negotiators broke into sub groups to work on their specific issues. There were multiple meetings that went back and forth with the company regarding costing out calculations, as well as discussing specific concessionary items. Our TWU Benefits sub-committee continued to question the company about its active healthcare proposal. The company…
AMR – Court Update 3/15/2012
On March 15, 2012, the Debtors filed an Objection to the TWU’s Motion For Entry of An Order Lifting or Modifying the Automatic Stay to Permit James Gregorio to Institute Proceedings Against the Debtors For Improper Wage Garnishment. James Gregorio presently works in the Debtors’ Facilities/GSE Maintenance division/center/office in Miami, Florida. In April 2011, Mr.…
American Eagle Update for March 14, 2012
Today, American Eagle confirmed with TWU leaders that they will begin their Section 1113 process next Wednesday, March 21 at the American Airlines Training and Conference Center at 9:00am cdt. The meeting is for all represented work groups and negotiating committees. American Eagle CEO Dan Garton will provide an overview of the company’s business plan…
Bankruptcy Update for March 13, 2012
The TWU Negotiators met today at Flagship University amid a flurry of media rumors reporting a possible merger with U.S. Airways and American Airlines. There are no facts to substantiate these rumors. Last week AMR filed for a six month extension for its exclusive reorganization time limit which expires March 28. If the court agrees…
AMR Bankruptcy Update for March 7 – 9th, 2012
This week’s negotiations have shown some progress. On Wednesday AMR announced they would accept the TWU Negotiating Teams proposal to “freeze” existing defined benefit pension plans. This is a major move forward in these difficult negotiations, but remains subject to reaching consensual agreements with all TWU represented work groups. The TWU website has posted an…