Brothers & Sisters, All individual claims that were scheduled to be heard/dismissed at tomorrow’s Omnibus hearing have been postponed (the rescheduled day has not determined yet). Only claims related to a Willie Ray Williams (20 different individual claims) are still on the docket and will be heard/dismissed. Please pass this on to any member…
Category: TWU-ATD
American Mechanics Lock-in Pay Increases and Industry Standard Pay by September 2015
Our contract guarantees wage increases that will return us to industry standard pay rates. Here are the pay Increases we have locked in: By this September, when the Company exits bankruptcy and we receive our pay increases, we will have received about an 11 percent increase since September of last year. This September, we receive…
TWU Acted to Oust Tom Horton — IBT No-Show at Bankruptcy Court
You may have seen some electioneering from the Teamsters lately regarding Tom Horton’s compensation and the bankruptcy court. Let’s be perfectly clear about what is really going on here: Not only is the TWU not supportive of excessive bonuses and compensation for Tom Horton – we worked with the other unions at American…
AA Bankruptcy and Individual Claims
A question was sent by Bobby Gless, TWU-ATD to Paul Kizel of Lowenstein Sandler LLP addressing Individual Claims. Brothers & Sisters, Some members filed individual claims for grievances (or other claims). Some of those individual claims are on the docket for next week and AA is looking to deny those claims. These should…
TWU Equity Distribution Informational Meeting – Hand Out
Introduction: As part of the resolution of the American Airlines bankruptcy, TWU negotiated a 4.8% share of the total claims recovered by general unsecured creditors. The post-bankruptcy Plan of Reorganization provides that unsecured creditors will receive their recovery in the form of new American Airlines Group (AAG) common stock. So TWU will receive 4.8% of…
Meeting Notice
TWU Equity Distribution Plan Presentation Where: TWU 514 Union Hall, 11945 East Pine Street, Tulsa Ok. When: Thursday, June 13, 2013 Times: 7:15 AM | 11:45 AM | 3:45 PM Meeting Notice- TWU Equity Distribution in PDF
As American Airlines merger date nears, questions abound (Dallas Morning News- 6-3-2013)
SOURCE, Dallas Morning News Tom Fox/Staff Photographer Wil the new American Airlines design remain as it is on fresly painted planes? An American exec says yes, but Doug Parker, who will be CEO of the combined company, doesn’t seem 100 percent. By TERRY MAXON Staff Writer tmaxon@dallasnews.com Published: 03 June 2013 11:20 PM Updated: 03 June 2013…
Equity Distribution Update, May 30, 2013
Dear Brothers & Sisters: The AA Presidents Council met on May 29 & 30, 2013 at the ATD office in Hurst, Texas to review the Power Point presentation and the preliminary plan document as presented by your TWU Equity Distribution Committee and legal counsel. We approved the Equity Distribution Plan and revised the presentation that…
Statement by TWU Air Transport Director Garry Drummond on Teamsters Raid on American Airlines Mechanics and Related Workers
In the Labor Movement we’re very good at pointing out problems with employers, we’re not very good at talking about what’s wrong within our own ranks. I believe that we’ve been silent for too long. Let’s tell it like it is The once proud International Brotherhood of Teamsters is a rogue union. In 2012, the…
Equity Distribution Update May 24, 2013
Dear Brothers & Sisters: Your TWU Equity Distribution Committee met again on May 23 and 24 at the TWU Headquarters in Washington D.C. to draft the procedures and principles for distribution of shares of Equity in the New American Airlines to eligible American employees represented by the TWU. During this week’s meetings, TWU’s counsel and…