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Statement by President James C. Little on Bankruptcy Filing by American and American Eagle We are very disappointed by today’s action by AMR. The Transport Workers Union will do everything possible to protect our members at both American Airlines and American Eagle. Work at both airlines will continue through the Chapter 11 reorganization. Our union…
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 Today and the poor excuse for news coverage on network television last Tuesday would lead an…
Just a few clicks to your pension estimate page on Jetnet: 1. Log into Jetnet 2. Click on “Benefits” directly below the Jetnet logo on the masthead 3. Click “Benefit Service Center” at the top of the blue navigation pane on the left side 4. Click on ” My Pension” on the masthead 5. Select“EstimateYourPension”…
WASHINGTON — A watchdog report says the agency that insures pensions for millions of U.S. workers made serious errors in valuing pension plans for United Airlines employees and as a result some retirees may have received less than they were due. The report issued Wednesday by an assistant inspector general of the Pension Benefit Guaranty…
In case you do, we have provided your questions to the international. Those that we can answer locally have been. Please take some time and read through the http://aa.twu.org site, the PCGB site and if you still have questions, submit them HERE. We understand your need for answers, we feel the same as you. ,…
There are many ways the bankruptcy date rule can affect your benefits. As an example, assume an employee of Company X has 20 years of service as of July 1, 2009, when Company X files for bankruptcy. July 1, 2009, is the bankruptcy filing date. Let’s also say the plan ends July 1, 2011, at…