154 search results for "Equity"

Teamsters Promise…

Teamsters Keep Promising They Will Get What the TWU Has Already Negotiated For You The Teamsters claim… They will get you the 4.8% equity stake that is exclusively controlled by the TWU to distribute to the groups we represent.  To the contrary, the TWU will never allow the Teamsters to determine how our 4.8% will…

TWU Follow Up Questions and Answers

Does the current MOU eliminate the former “me too” language for comparison of wages, benefits and working conditions for non-union hourly and the non-union salaried and management employees of the Company for all “me too” purposes? The “me too” was only with AA. If AA remained stand alone the “me too” would stay in effect through its defined…

AMR answers questions about AMR stock

AMR put these questions and answers on its investor relations page. We put it here unedited. AMR COMMON STOCK Q&As Important note: The brief answers below are provided for informational purposes only and are not intended to be a substitute for a careful review of the relevant documents, which include the merger agreement and support…

TWU AA/US Airways Merger Talking Points

What does the Merger announcement mean for our TWU members? TWU work groups will continue to operate under the American Airlines collective bargaining agreements. The Memorandum of Understanding (MOU) negotiated last month with American Airlines and US Airways will provide a wage increase of 4.3 percent over and above previously negotiated contract agreements for TWU…

Reality Check

So you want a new Union because:  The old one could not stop American Airlines from going Bankrupt  The old one negotiated an agreement that saved Jobs  The old one kept your pension frozen rather than GONE  The old one fought and kept 31 maintenance docks / lines working  The old one kept the outsourcing…

Bill Moyers interviews Bill Fletcher Jr. and Stephen Lerner on Unions in Peril

Bill Moyers interviews Bill Fletcher Jr. and Stephen Lerner on Unions in Peril Lost in the Supreme Court media chatter last week: a disturbing ruling in Knox vs. SEIU Local 1000 that restricts labor unions from directing collected dues toward political causes. There’s no similar limit on corporations, naturally – yet another indication that the…

TWU President Announces New Merger Transition Agreement

TULSA –Ground workers employed at American Airlines, represented by the Transport Workers Union of America, will receive an across the board 4.3 percent raise — if American Airlines and US Airways merge. The increase in pay represents significant new money to TWU members.  The wage increase and other items related to transition issues in the event…

James Little, TWU president, pushes in-house work at American Airlines

SOURCE: Tulsa World The international president of the Transport Workers Union, Little said the proof is in American’s bankruptcy in which the company – even after recent job cuts – is committed post-bankruptcy to doing more in-house aircraft maintenance work than any major U.S. carrier. Little was in Tulsa on Tuesday to meet with TWU…