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Message from Sam Cirri, 1/3/2012
“Today Mike and I attended a press conference held by the Chamber of Commerce. The purpose of the press conference was to show the public that a coalition has been formed. The coalition includes city, state, Federal agencies and the TWU working together to help secure the future of the Tulsa Maintenance Base.” Sam Cirri,…
Message From ATD Director Garry Drummond
Dear Brothers: As expected, we were not confronted with an 1113 “ask” over the holidays. Once we do receive the section 1113 proposals, we will let you know and post them. Fraternally, Garry Drummond Director Air Transport Division International Vice President
ATD Today December 22, 2011
Public and Congress should be Up in Arms over the Bankruptcy at the airline called “American” By James C. Little AMR, parent of American Airlines and American Eagle, filed for bankruptcy last week even though the company is sitting on $4.1 billion in cash and is able to pay its bills. AMR’s ads in USA…
PBGC Director Josh Gotbaum Responds to Comments Made by American Airlines’ Counsel Harvey Miller
When American Airlines filed for bankruptcy they took great pains to say to their customers that nothing will change, that they will still have their frequent flyer miles and service will continue. But they didn’t make the same promises to their employees about the future of their pensions. Recent comments by the company’s bankruptcy counsel,…
AMR – Pleading Update, Published 12/20/2011
Reclamation Demands Under the Bankruptcy Code, if certain conditions are met, a creditor has the right to reclaim goods delivered to a debtor within 45 days of the debtor’s bankruptcy filing. Numerous creditors have filed reclamation demands with the Bankruptcy Court. 1. Brown Printing Company filed notice that it had served its written demand for…