TWU Telephone Briefing Tues., April 3 at 7:00 pm EDTBrothers and Sisters:We are facing tremendous challenges more than ever at American Airlines and American Eagle. The company has filed an 1113(c) motion with the court to reject all seven TWU labor contracts. This does not stop TWU from its effort to reach a consensual agreement…
A telephone Town Hall with Int’l President James C. Little is schedule on: April 3, 2012 6:00pm CST.
AMR Bankruptcy – Breaking News March 27, 2012
American Airlines Files to Reject Labor Contracts under Bankruptcy Code Section 1113 We understand that sometime today AMR will file its 1113 motion with the U.S. Bankruptcy Court in New York to reject all seven TWU labor agreements. AA’s filing does not affect our contracts immediately, but is the next step in the legal process.…
AMR Bankruptcy Update for March 24-25, 2012
American Airlines During this weekend, the TWU’s legal and economic advisors worked tirelessly expediting last minute reviews of AA documents, company explanations and analysis of TWU counter proposals. These cost analysis and labor proposals will be ready for presentation this week. Tom Roth, TWU’s labor economist, met with AA financial analysts on Saturday, reviewing their…
Motion of Debtors for Entry of Order Extending Time to Assume or Reject Leases
The Debtors filed a motion asking the Court to extend the initial period granted by the Bankruptcy Code to assume (keep) or reject (terminate) nonresidential real property leases. Section 365(d)(4)(B) of the Bankruptcy Code gives a debtors 120-days to assume or reject unexpired leases of nonresidential real property (the “Lease Rejection Period”). Absent the requested…
AMR Bankruptcy Update for March 23, 2012
All TWU Negotiating Committees representing American Eagle work groups met internally today and began their pre 1113 data requests. Some committee’s are preparing questions regarding the term sheets presented by the company yesterday. The Eagle staff discovered one error in the Fleet Service term sheet regarding health benefit eligibility. The revised term sheet is posted…
Sec. 1113. Rejection of collective bargaining agreements
Sec. 1113. Rejection of collective bargaining agreements (a) The debtor in possession, or the trustee if one has been appointed under the provisions of this chapter, other than a trustee in a case covered by subchapter IV of this chapter and by title I of the Railway Labor Act, may assume or reject a collective…