Application to Retain Perella Weinberg Partners as Financial Advisor The Debtors filed an application to retain Perella Weinberg Partners LP. (“PWP”) as their financial advisor, retroactive to the petition date, in accordance with the terms and conditions of an engagement letter dated December 15, 2011 and effective as of November 10, 2011. According to the…
Category: TWU-ATD
National Mediation Board Meeting Notifications
Board Member Harry Hoglander and Director of Mediation Services Larry Gibbons will hold a status conference. View the notices below: Meeting Notice – NMB Case Numbers A-13472 A-13491 in PDF Subject: NMB Case Numbers: A-13472 & A-13491 American Eagle Airlines, Inc. & TWU Board Member Harry Hoglander and Director of Mediation Services Larry Gibbons will…
Message From ATD Director Garry Drummond
Dear Brothers: As expected, we were not confronted with an 1113 “ask” over the holidays. Once we do receive the section 1113 proposals, we will let you know and post them. Fraternally, Garry Drummond Director Air Transport Division International Vice President
ATD Today December 22, 2011
Public and Congress should be Up in Arms over the Bankruptcy at the airline called “American” By James C. Little AMR, parent of American Airlines and American Eagle, filed for bankruptcy last week even though the company is sitting on $4.1 billion in cash and is able to pay its bills. AMR’s ads in USA…
Docket Update 12/15/11 – AA Bankruptcy
Dallas/Fort Worth International Airport Board’s Objection to the Debtors’ Request for Entry of a Final Order on the Debtors’ Tax Motion Dallas/Fort Worth International Airport Board (“DFWIAB”) filed an objection to the Debtors’ motion for entry of an order authorizing the Debtors’ to pay prepetition taxes and assessments and authorizing financial institutions to honor and…
Post 1113C Committee, Letter to Jim Little, from ATD Garry Drummond
Per the instructions of the IAC letter, the negotiating committees have appointed the following people to the Post 1113C Committee: NAME Local Craft & Class David Virella 501 Fleet Service Donald Dougherty 513 Facilities Maintenance John Hewitt 514 M&R – Base Jason Best 514 Mntc. Control Technicians Jim Fudge 541 Simulator Technicians Mike Cook 541…
TWU AA/AE Negotiations Structure, On Behalf of the International Administrative Committee (IAC)
Dear Sisters and Brothers: Since the AA/AE bankruptcy filing on November 29, 2011, we have been working diligently to provide thorough information to you regarding the bankruptcy process, as our legal team continues to navigate through the various court proceedings. We will also continue to provide you up to date information on our newly created…
AA Bankruptcy Q&A from the TWU ATD
1. What about My Pension? As a safeguard against the risk that a defined benefit pension plan may contain insufficient funds to pay the promised benefits to workers upon retirement, a federal statute, ERISA, imposes minimum funding standards on plan sponsors. ERISA also established a pension insurance program that guarantees that retirees receive at least…
ATD Today December 3, 2011
Statement by President James C. Little on Bankruptcy Filing by American and American Eagle We are very disappointed by today’s action by AMR. The Transport Workers Union will do everything possible to protect our members at both American Airlines and American Eagle. Work at both airlines will continue through the Chapter 11 reorganization. Our union…
The Public and Congress should be Up in Arms over the Bankruptcy Filing at the airline called “American”
By James C. Little AMR, parent of American Airlines and American Eagle, filed for bankruptcy last week even though the company is sitting on $4.1 billion in cash and is able to pay its bills. AMR’s ads in USA Today and the poor excuse for news coverage on network television last Tuesday would lead an…