Category: Bankruptcy

Q and A from the TWU informational website concerning the AA Bankruptcy

These are the questions that have been added to the TWU informational site concerning the AA Bankruptcy.. since my last emailing of the Q&A, This starts at question 72. You can always visit the aa.twu.org site for all the detailed information. Take Care, Allan Ball TWU514 IT/Communications _______________________________   How does our failed T/A compare (wages, benefits,…

American Airlines Pensions: Get the Facts

American Airlines has announced it wants to end the pension plans of its 130,000 workers and retirees. The company will ask the bankruptcy court to transfer its pension obligations to PBGC. Pensions are promises made to working Americans who count on them for a secure retirement. Those promises should not be broken lightly. PBGC will…

Transport Workers Union Gives AMR Early Out/Separation Proposal; Proposed $75K Incentive Payments an Alternative to Massive Layoffs During Bankruptcy

FORT WORTH – The Transport Workers Union presented plans to American Airlines management today that provide a blueprint for voluntary early out/separation as a way to avoid draconian, involuntary layoffs, while saving money for the company. On February 1, 2012, AMR management announced that it planned to reduce the company’s workforce by 9,000 from TWU-represented work…

TWU Negotiators Propose Early Out Package to AMR

Today, the TWU representing all work groups drafted a serious cost savings proposal for the company. The committee has proposed an early out package for all eligible employees in an immediate cost savings benefit for AMR. Eligibility for the package would include:   Plan A: Retirement eligible • 10 years of service and age 55…

AMR Bankruptcy Update for February 14, 2012

DFW Airport Labor Solidarity Rally Monday and Tuesday the TWU Negotiating Team hunkered down at Flagship University continuing their careful evaluation of AMRs financial spread sheets, and drafting their “ask” for specific documents needed for review – the company is obligated to produce these for the TWU negotiators. Additionally, some work groups attended company presentations…

Stay Relief Motions February 11, 2012 – AMR Bankruptcy

On February 10, 2012, the TWU filed a motion for relief from the automatic stay on behalf of Everton White.  By this motion, the TWU seeks an order terminating or, alternatively, modifying the automatic stay imposed pursuant to section 362 of the Bankruptcy Code, to permit  Mr. White to continue to pursue a certain claim…

Transportation to DFW Protest “SHORT NOTICE”

Local 514 will be supplying transportation to the the “Valentine’s Day Protest@DFW” informational Pickett to protest AA Bankruptcy for members that are interested. Members would be on there own time, Vacation  or Day Off,  you would also have to leave Tulsa around 4:30 to 5:00 am Tuesday morning just to get to Dallas on time. Please…