Category: Bankruptcy

AA/US Airways Merger Celebration

Sisters and Brothers, Do to the fact that we are still under a concessionary contract I see no reason to celebrate or participate in the merger celebration today at the base. Dale Danker President,  TWU local 514    Merger Celebration Letter in PDF  

514 – What’s on the plate

Exit Bankruptcy and Equity Stake Questions and Answers, Equity Hub Letter from AA, November 29th, 2013 Letter on Equity Distribution for Unions- See all the letters HERE American Airlines Group Inc. [AAL] to Ring The NASDAQ Stock Market Opening Bell Remotely From Dallas/Fort Worth International Airport – Read more MOU 4.3% Pay increase on Effective date of AA/US…

Letter from Garry Drummond, ATD Director on Equity

December 4, 2013 TO: TWU/AA Members RE: AA Equity Distribution Dear Brothers and Sisters: The closing of the merger between American Airlines and US Airways is now upon us, and as a result, the distribution to TWU-represented employees of equity in the new merged company is also imminent—the current plan is for it to take place on…

November 29th Letter from AA on Merger and Equity Distribution..

Dear American Airlines Colleague, We will soon be entering a new chapter in the American Airlines story as we near the close of our pending merger with US Airways. And, while closing of the merger feels a lot like a finish line given the amount of hard work and dedication that has gone into the…

AMR Merger update from TWU’s Sharon L. Levine

As you likely heard, Judge Lane approved the Debtors’ motions regarding the Rule 9019 settlement of the Clayton Act and authorizing immediate consummation of the Plan and the Merger. The Court also denied the Alioto Plaintiffs’ motion for a temporary restraining order. As part of the bench ruling during a thirty minute hearing that just…

Judge Lane Says He’ll Render Decision on AA Bankruptcy By Wednesday, Latest

Yesterday, a Bankruptcy Court hearing was held on three motions – two brought by American Airlines and one filed by individual plaintiffs, who contend that the merger violates the anti-trust law (“Clayton Act Plaintiffs”).  In American’s motions, the Company is asking the Court (1) to approve the Settlement Agreement between American, US Airways, the U.S.…

TWU Equity Distribution Committee – Status Report DATE: November 7, 2013

MEMORANDUM FROM: TWU Equity Distribution Appeals Panel: Gary Peterson, John Plowman, Sam Cirri and Jim Fudge RE: Status Report DATE: November 7, 2013 A Panel of four members of the TWU Equity Distribution Appeals Committee held the Committee’s second meeting on November 4, 5 and 6 at the offices of The Labor Bureau Inc., in…