It has come to our attention that notices of eligibility that were sent to some TWU represented AA employees did not have correct data for years of service with AA in a TWU represented craft/class. Those notices were based on information from the Company which the TWU Equity Distribution Committee has determined to contain inaccuracies.…
Tag: Equity- Stock Distribution
Update on Equity Distribution Mailings – September 2, 2013
Dear Brothers & Sisters: We recently extended the deadline when TWU represented employees would receive their eligibility information regarding the Equity Distribution. The prior deadline was set for September 2, 2013. In consultation with the mailing service provider, we were advised that they sent the eligibility mailings via bulk rate U.S. Mail. The time frame…
Equity Distribution
Dear Brothers & Sisters: We have received reports from Locals and members stating that they have received their first Equity Distribution mailings from the TWU and there has been some confusion. It is important to note that the equity distribution mailings will be separate. You will receive one letter that explains your eligibility to participate…
Equity Eligibility Notification Deadline Update
We recently extended the deadline when TWU represented employees would receive their eligibility information regarding the Equity Distribution. The prior deadline was set for August 22, 2013. In consultation with the mailing service provider we were advised of literally several hundred discrepancies in mailing addresses due to members retiring, being laid off and relocating which…
W9 for Equity Stake Taxing
Step by Step.. 1. Go to JetNet, and sign in. 2. Click on the SuperSaver link, and sign in. 3. Click on Common Stock. 4. Once on the Computer Share website, click on “View Account”. 5. Click on “Manage My Account” on the tool bar. 6. Click on Certify online. 7. The screen will appear…
Notification Deadline Update – Notice regarding their eligibility to participate in the equity distribution
August 15th was a significant date in relation to the bankruptcy for American Airlines as the Bankruptcy Court was scheduled to confirm their Plan of Reorganization. That confirmation would have paved the road towards an exit from bankruptcy in the next several weeks. Due to the anticipation of the confirmation, it was critically important for…
Letter from Denise Lynn, on Equity Shares, with FAQ – August 9, 2013
Dear American Airlines Colleague: We are quickly approaching the completion of our successful restructuring and the merger with US Airways, which will position the new American for great success. As we look toward that future, I want to thank you for your dedication and your focus on our customers. In recognition of the…
Letter to Don Videtich on 757 Distribution list, August 9, 2013
Don Videtich, Deputy Director Air Transport Division Transport Workers Union of America 1791 Hurstview Drive Hurst, TX 76054 Re: 757 Distribution List Dear Brother Videtich: Attached is the list of Tulsa members for the 757 portion of the equity according to the Horowitz decision rendered August 5, 2013. As you know, we were on a…
AA / TWU Equity
The TWU Equity Distribution Committee has completed its work of developing TWU’s plan for distribution of the equity TWU will received once American Airlines emerges from bankruptcy. After consideration of the input provided by members at the road show meetings, as well as the comments received by mail and email, the Committee re-affirmed the outline…
i-Team Committee Update
The I-Team is currently making visits on base and off base sites to give information and answer questions regarding the following items: • Equity distribution – Explaining the current and up to date info. There has been some additional info since the June 13, 2013 meeting. • Pay rate increase of 4.3% when New American…