April 20, 2012-
The International Association of Machinists and Aerospace Workers (IAM) today reassured its members at US Airways that it will aggressively represent their interests in any potential takeover of bankrupt American Airlines.
“The IAM’s first responsibility is to protect the seniority, job-security, wages, benefits and pensions of our members at US Airways,” said IAM Transportation General Vice President Sito Pantoja. “We have a long history at US Airways, with substantial experience defending members during mergers and uncertain economic times. We are fully prepared to protect our members as this process unfolds.”
While US Airways today made its intention to acquire American Airlines public, the move is certain to encounter many obstacles, including bankruptcy court, shareholder approval and regulatory scrutiny.
“Too often we have seen airline consolidation advance at the expense of airline workers, except for the corporate executives who cut jobs, raise fares, reduce service, and shower themselves with cash and bonuses,” said Pantoja. “The IAM will oppose any merger that would take place at the expense of workers, the flying public, and the communities served by these two airlines.”
In the days and weeks ahead, the IAM will provide employees with more detailed information regarding the merger process and what to expect.
“Employees at both carriers can be assured that the IAM will utilize every available resource to ensure they are protected during this process, said Pantoja. “The IAM will fight for the fair treatment of all employees at US Airways and American Airlines.”