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SOURCE: Dallas News You can find out interesting things in the AMR/American Airlines bankruptcy filings When a company files for Chapter 11 protection under the federal bankruptcy code, it has to disclose a lot of things. That’s true for AMR, American Airlines and the various other subsidiaries. Some of those things are interesting, important or both.…
According to the financial statement of American Airlines filed in bankruptcy court on Monday, the carrier paid $12.375 million to nine different advisors and consultant firms related to its bankruptcy filing. The payments were made within the past year immediately prior to its bankruptcy filing made in November. The statement said that these payments were…
To all members, It has been a question as of late, Just how many members will be effected by reduction due to the restructuring of AA here in Tulsa. Back on February 1st we received the “ASK” terms from AA. The numbers they were asking for are in that letter. (See Below) To my knowledge…
NEGOTIATIONS UPDATE AMR SAYS NO TO EARLY OUT AS DESIGNED Late Friday AA presented its rationale for rejecting TWU’s proposal for an early out proposal. The Company asserts that the program as designed is too costly. However, AA indicated that it would still review such concepts during the entire 1113 process. An early out program…
Ten lucky members will win a pair of tickets to the following game: Saturday, March 10, 2012. In order to win simply go by the Union Hall Office, 11945 East Pine St., Tulsa, and bring a non- perishable item or a monetary donation (all monies will be used for purchasing food)for the community food bank.…
Chase is proud to be the exclusive mortgage provider for the Union Plus Mortgage Program, offering mortgage assistance and exclusive benefits for active and retired union members, their parents and children. Interest-free mortgage assistance loans: These loans from Union Plus cover up to six monthly Chase mortgage payments in the event of unemployment, disability, union-approved…