MUST HAVE REGISTERED BY November 15TH, TO ATTEND THIS EVENT
Read more →American Airlines has announced it wants to end the pension plans of its 130,000 workers and retirees. The company will ask the bankruptcy court to transfer its pension obligations to PBGC. Pensions are promises made to working Americans who count on them for a secure retirement. Those promises should not be broken lightly. PBGC will…
FORT WORTH – The Transport Workers Union presented plans to American Airlines management today that provide a blueprint for voluntary early out/separation as a way to avoid draconian, involuntary layoffs, while saving money for the company. On February 1, 2012, AMR management announced that it planned to reduce the company’s workforce by 9,000 from TWU-represented work…
Today, the TWU representing all work groups drafted a serious cost savings proposal for the company. The committee has proposed an early out package for all eligible employees in an immediate cost savings benefit for AMR. Eligibility for the package would include: Plan A: Retirement eligible • 10 years of service and age 55…
Labor Union to Suggest Alternatives to AMR Cost Cuts (Reuters) – The union representing seven categories of ground workers at bankrupt American Airlines will offer alternatives to some of the job cuts and concessions the company says it needs to survive, the head of the Transport Workers Union said on Tuesday.TWU has asked American’s parent…
DFW Airport Labor Solidarity Rally Monday and Tuesday the TWU Negotiating Team hunkered down at Flagship University continuing their careful evaluation of AMRs financial spread sheets, and drafting their “ask” for specific documents needed for review – the company is obligated to produce these for the TWU negotiators. Additionally, some work groups attended company presentations…