TWU Bankruptcy Attorney, Sharon Levine, addresses the facts of the AMR bankruptcy and its impact on workers. Watch this video. [youtube_video id=”LBDHbMdxtxk”]
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AA Bankruptcy Update – Sharon Levine Addressing the Facts, 7-30-2012
Court Update for July 30, 2012
As you may recall, AMR filed a complaint asking the Bankruptcy Court to declare that none of AMR’s current retirees (both union and non-union) have a vested right to retiree medical benefits. Under ERISA, the health and welfare benefits the debtors provide to current retirees are welfare benefits and that these welfare benefits only vest…
Early Out Letter for Fleet Service – Employees interested in the SIS will be able to sign up starting July 23, 2012
This letter will confirm our understanding relative to the implementation of the Early Out Letter of agreement contained within the recently ratified AA/TWU Fleet Service agreement. As you know, in accordance with the “Me,too” provision, the Company cannot implement the new terms and conditions of the restructured agreement until such time consensual ratified agreements have…
Stores March 22, 2012 Term Sheet vs. July 10, 2012 Tentative Agreement Explained
How we got here American Airlines entered in to bankruptcy on November 29, 2011 Each major employee group union and non-union were required to make cost cuts that would equate to $1.25 billion annually. The five major groups were each targeted to be responsible for 20% of the $1.25 billion. Stores was responsible for $18.1…
SUMMARY OF TERMS UNDER CHAPTER 11 EXIT AGREEMENTS
US Airways Enter – August 2000 Exit – September 2005 (1113c Agreement) United Airline Enter – December 2002 Exit – January 2006 (1113c Agreement) Northwest Airlines Enter – September 2005 Exit – May 2007 (Strike Settlement) American Airlines Enter – November 2011 Exit – ???(Tentative Agreement) 1. Contract Duration 7 yrs. 6 mos. 7/1/02…
The TWU-ATD mailed out the Voting Instructions last Friday
The TWU-ATD mailing will contain your Activation Code. We should be seeing them in the mail soon. I have appended the following voting information that came from the http://twubkfacts.org/ website. TA Voting Instructions To vote, follow the instructions below. You may vote as many times as you like, using either the telephone or Internet, only your last vote will be…