Tag: Bankruptcy

Jason Whitley’s Tweets from the Bankruptcy Court, 5-15-2012

12:40a UPDATE: The 5 TWU groups that accepted AA’s final offer still lose 2,900 jobs. Would have been worse. AA’s “final offer” offer saved 1,300. 12:30a A NEW DEAL? AA tells me it will still try reach “consensual agreements” with two TWU groups that rejected its “final offer.” Talks continue. 11:15a Lawrence Rosselot testifying now…

AMERICAN AIRLINES ANNOUNCES FIVE TRANSPORT WORKERS UNION WORKGROUPS, COVERING 11,000 EMPLOYEES, RATIFY AGREEMENTS

FORT WORTH, Texas Bruce Hicks, American Airlines spokesperson, issued the following statement: “American Airlines is pleased to announce ratified agreements with five workgroups represented by the Transport Workers Union (TWU), including Fleet Service, Dispatch, Maintenance Control Technicians, Simulator Technicians, and Ground School and Simulator Pilot Instructors. These consensual agreements preserve approximately 1,300 jobs, and provide…

Voting Has Started – AA’s “Last, Best and Final”

Brothers and Sisters, The voting has begun on the company’s “last, best and final offer.” Just one day into the vote, members were calling in confused and asking questions about American’s LBO. There is misinformation being generated on blog sites, social networking pages, and a few local web sites. Get the facts. Read the full…

American Airlines TWU Settlement Proposal Q&A 5.10.12

General Q. Is it true that the Company will implement the 1.5% annual salary increases if the proposal is not ratified? No, the 1.5% increases, along with Profit Sharing, the 401(k) match, the gain sharing proposal, and the Early Out are all contingent upon achieving a consensual, ratified agreement. That has been made very clear…

TWU Early-Out Incentive Program Q&A – May 10, 2012

Process When will I be able to sign up for the Early-Out? Information about the sign-up window will be available subsequent to ratification of the TWU agreements. How do I sign up for the Early-Out? That process is still being finalized, but will most likely be similar to how employees sign up for Stand-in-Stead options.…

Voting Instructions

NOTE: Your Activation Code will be found in the Voting Notice and Instructions you are to receive in the mail. Polling Times Open at 12:01 AM CT, Thursday May 10, 2012 Close at 11:59 PM CT, Monday May 14, 2012 CLICK HERE FOR A PRINTABLE VERSION OF THE VOTING INSTRUCTIONS Telephone Voting Instructions If you have your…

A Letter From President James C. Little

DEAR SISTERS AND BROTHERS, This is one of the most critical letters I have ever sent to you. It is now time for you to vote. At the start of this bankruptcy case, a very labor unfriendly process indeed, I made two promises. First, it was clear that the TWU strategy needed to be one…

TWU-AA Bankruptcy Contract Language, Side By Side Comparisons and Term Sheets and President Little Phone Call.

    Letter From President James C. Little To All AA Members(Download Printable PDF Version Here)      April 2012 Contract Language Side-By-Side Comparisons Term Sheets March 22, 2012 Questions & Answers Dispatch Full Text Language Dispatch Comparison Charts Dispatch 1113 Term Sheet Dispatch Q&A Fleet Service Full Text Language Fleet Service Comparison Charts Fleet Service 1113…