Passages

Passages “Death leaves a heartache no one can heal, love leaves a memory no one can steal.”

Teamsters Negotiate Equity Deals But Members Haven’t Received a Penny

This fall, TWU members will receive an equity stock distribution of considerable value from American Airlines. The Teamsters claim they have negotiated better equity deals at Global Aviation and YRCW (Yellow Freight).  Let’s take a closer look. The Teamsters say their equity deals call on the companies to pay administrative costs, and that equity payments…

Unofficial results for TWU-514 Elected officials – July 15th 2013

(Highlighted in Green are  duly elected – Unofficial) President Dale Danker 570 John Hewitt 431 Steve Luis 258 Kunal Shinde 185 Don Canann 123 James Booker 111 Harry Ashbaugh 101 Ron Ingles 38 Vice President Gary Yingst 677 Ray Wilson 675 Terry Lesperance 433 Secretary Treasurer D’Ann Johnson 734 Mark Bruski 268 Patrick Thornton 264…

The Facts and Moving Forward

The past year has been a very challenging one. The bankruptcy process has been very stressful on our members. But, we secured an agreement that is far better than any other union has negotiated with a bankrupt company. In fact, the TWU scope protection protects more good paying jobs than any other labor agreement in…

AMR & US Airways Merger Information for AMR Investors (Updated 4/17/2013)

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 and Settlement Agreement which were filed by AMR Corporation (“AMR”) with the Securities and Exchange Commission (the “SEC”) as exhibits…

TWU Members Currently Owning AMR Stock Will Vote on POR

On June 20, AMR mailed copies of their Plan of Reorganization (POR) to all creditors, members of the Unsecured Creditors Committee, and all individual owners of AMR stock. The purpose of the mailing is to provide recipients the opportunity to review the POR and vote on it. Those of us that held AMR Stock Options,…

More on the TWU Equity Distribution – July 8, 2013

The formula for distribution of stock to American’s unsecured creditors, including all labor groups, is complex and a number of members have asked for further clarification. The TWU has negotiated for our members to receive actual stock with considerable value. This stock will be distributed directly to our members as soon as American exits bankruptcy…