This week the TWU Negotiating Team methodically scrutinized the company’s reorganization plan and spent much of each day analyzing company financial data and spread sheet comparisons. Individual work groups began drafting their questions for the company and presented some to them on Thursday afternoon. Others will follow into next week. The questions passed to AMR…
Tag: Bankruptcy
AMR – Debtors’ Motion to Pay or Honor Obligations with Labor Arbitration Hearings
Yesterday the Debtors filed a Motion to Pay or Honor Certain Prepetition Obligations in Connection with Labor Arbitration Hearings (the “Motion”). The Debtors are required, under the Railway Labor Act and certain collective bargaining agreements (the “CBAs”), to establish and engage in a regulated procedure to settle labor grievances. The Railway Labor Act requires the…
AMR Bankruptcy Update – 02-02-2012
Brothers and Sisters, As we all know, the AMR bankruptcy has exacerbated an already difficult time for our members. TWU recognizes the anxiety and fear inflicted by their actions on you and your families. Be assured, we are taking all actions possible to protect your job, your wages and benefits. On Wednesday Feb. 1, AMR…
Today’s the day of the bad news at AMR, American Airlines and American Eagle
This from: Dallas News Here’s what we expect, in general: Around 10 a.m., chairman, president and CEO Tom Horton will begin describing the company’s business plan for reorganization as he meets with leaders of the Allied Pilots Association, Association of Professional Flight Attendants and Transport Workers Union. Beverly Goulet, vice president, treasurer and chief restructuring officer,…
AMR – Pleading Update 01/27/2012 – Bankruptcy
Notice of Presentment of Stipulation and Order Approving Extension for N9420D The Debtors filed a notice of presentment of a stipulation and order between the Debtors and AWAS Aviation Acquisitions Limited, MSA I, and Wilmington Trust Company approving a Section 1110(b) extension for tail number N9420D. Presentment Date is February 3, 2012 at 4:30 p.m. …
AMR – Hearing / Docket Update 01/27/12 – Bankruptcy
HEARING UPDATE The Court considered and granted the Motion of Debtors for Entry of Order Pursuant to 11 U.S.C. Sections 105(a), 345(b), 363(b), 363(c), and 364(a) and Fed. R. Bankr. P. 6003 and 6004 (A) Authorizing Debtors to (i) Continue Using Existing Cash Management System, (ii) Honor Certain Prepetition Obligations Related to the Use Thereof,…
AMR Bankruptcy – February 1st Meetings
Dear Brothers and Sisters: The meetings scheduled for February 1, 2012 will take place at Flagship University in the Americana Room . The AA group will meet at 10:00 am and the purpose of this meeting is to initiate the process for changes to our collective bargaining agreements pursuant to Section 1113 of the Bankruptcy…
AMR Bankruptcy Update: Robert Gless, January 25, 2012
American Airlines has asked the TWU International to convene the AA TWU Negotiating Committees in Dallas next Wednesday, February 1, 2012. We are in the process of obtaining additional details regarding this request. We plan to schedule a conference call with the Negotiating Committees tomorrow and anticipate having additional information at this time. As of…
AMR – Pleading Update 01/23/2012 – Bankruptcy
Limited Objection to Notice of Presentment and Establishment Procedures for the Protection of Confidential Information Provided by the Debtors to the Official Committee of Unsecured Creditors The debtors seek the authority to condition disclosure of AerCap Confidential Information to the Official Committee of Unsecured Creditors upon entry of a confidentiality agreement which is acceptable to…
AMR – Pleading Update 1/16/2012 – Bankruptcy
Motion Further Extending Time to File Statements and Schedules The Debtors filed a motion requesting that the Court further extend the deadline to file their (i) schedules of assets and liabilities, (ii) schedules of executory contracts and unexpired leases, and (iii) statements of financial affairs by an additional thirty (30) days – through February 27,…