Tag: Bankruptcy

Comparison of M&R Bankruptcy Agreements

This document is not intended to be a comprehensive comparison.  It is intended to highlight major economic changes only. American TWU (July 2012) United AMFA (2nd bankruptcy agreement May 2005)* Northwest AMFA (Dec. 2005) US Airways IAM (2nd bankruptcy agreement Jan. 2005)** Duration 6 years, 48 month early opener 2005 – 5 years, 51 month…

Court Update for July 19, 2012

Hearing on the application of Jenner & Block to serve as counsel the section 1114 committee This morning the court approved the retention of Jenner & Block to serve as counsel the section 1114 committee. Hearing on motion to extend exclusivity This morning the court granted the joint motion American and the official unsecured creditors…

Letter from Garry Drummond, ATD Director to M&R and Stores, 7-16-2012

TO: ALL TWU MECHANIC & RELATED AND STORES AMERICAN AIRLINES MEMBERS You have the opportunity to consider the full text of the proposed tentative agreement between the TWU and American Airlines covering our mechanic & related and stores membership. If the agreement is approved, the Company will withdraw its motion to reject our collective bargaining…

Proof of Claim Forms, Please Read

Recently, we had a run on the question “What about those claim forms”. Local 514’s D’Ann Johnson and John Hewitt met with the Union Lawyers to see how and what to do with the Claim forms that were sent to every employee that works at American Airlines. In this meeting, it was suggested they file…

AMR Bankruptcy Update for July 9, 2012

TWU Negotiators representing Maintenance and Related and Stores work groups met with the Company today to review vital data requested last week. There are still remaining open issues to be resolved. The Negotiating Teams are meeting again tomorrow morning. We will keep you posted as updates become available. American Eagle TWU Negotiators will reconvene their…

AMERICAN AIRLINES INC. PROPOSAL TO THE RETIREE COMMITTEE TO MODIFY RETIREE MEDICAL AND LIFE INSURANCE BENEFITS 7-6-2012

American Airlines, Inc. (“Company”) proposes the following changes to retiree medical and life insurance benefits: Retiree medical option for age 65 and over will cease. Retirees will be offered access to purchase a guaranteed issue Medicare supplement plan through a third party administrator, to the extent available. Early retirees (non-pilots age 55 – 65 or…

AMR Bankruptcy Update for July 3, 2012

Today, TWU Stores and Maintenance and Related negotiators met again with the Company. While the talks were intense, critical information was needed by the TWU teams before any final decisions could be made. That information is still pending. AA indicated it would have the data to the union’s experts as soon as possible. Once the information…

AMR Bankruptcy Update for July 2, 2012

TWU Maintenance and Related and Stores negotiators met with the Company today at FSU. Both sides continue to try and reach consensual agreements. There was some positive news last week when the Company lowered its ask for APA. The TWU groups will meet with Company representatives again tomorrow. We will keep you posted as soon…

AMR Bankruptcy Update for June 28, 2012

Today TWU leaders and the Company signed the “me too” clause enhancements for Fleet Service, Dispatchers, Simulator Technicians, Ground School Instructors and Maintenance and Control Technicians. On June 26th and 27th the Negotiating Committee’s met with the Company in order to take advantage of the “me too” clauses included in the five ratified contracts. The…

AMR Bankruptcy Update for June 27, 2012

This afternoon the Allied Pilots Association announced they will send out AA’s “Last Best and Final” offer to their membership. As a result of this development, the Star-Telegram is reporting that judge Sean Lane will delay his ruling on American’s request to reject its labor agreements until August 8, pending the APA’s vote. This has…