Published 07 Mar, 2012 AMR Drops Demand to Shift Pensions to U.S Gov’t Agency; Backs off Demand for Additional Concessions in Return Dallas — In a major development in the ongoing AMR bankruptcy case, TWU members at American Airlines have won a freeze of current pension plans. “The company initially wanted to terminate our pension…
Published 12 Jan, 2012 DALLAS – Representatives of the Transport Workers Union (TWU) and executives from AMR subsidiary American Eagle were notified Wednesday evening that the National Mediation Board (NMB) remains committed to helping unions at American Airlines and American Eagle reach labor agreements with parent company AMR – despite the company’s November bankruptcy filing….
Published 19 Jan, 2012 Washington — The Transport Workers Union (TWU) announced today that the union has retained Gordian Group, LLC to provide investment-banking services during the bankruptcy reorganization proceedings at AMR Corporation, parent company of American Eagle and American Airlines. “We’ve said from day one that we’re going to fight like hell for our…
Published 15 Feb, 2012 FORT WORTH – The Transport Workers Union presented plans to American Airlines management today that provide a blueprint for voluntary early out/separation as a way to avoid draconian, involuntary layoffs, while saving money for the company. On February 1, 2012, AMR management announced that it planned to reduce the company’s workforce…