Published 02 Mar, 2012 All title groups continued with the bankruptcy negotiations throughout this week. The goal is clear…mitigate the company’s TWU “ask” of over $390 million, including about 9,000 layoffs. Your Negotiating Team leaders analyze the documents, data and business plans. The various experts retained by TWU, assist them as we bargain at a…
Published 09 Mar, 2012 This week’s negotiations have shown some progress. On Wednesday AMR announced they would accept the TWU Negotiating Teams proposal to “freeze” existing defined benefit pension plans. This is a major move forward in these difficult negotiations, but remains subject to reaching consensual agreements with all TWU represented work groups. The TWU…
Published 13 Mar, 2012 The TWU Negotiators met today at Flagship University amid a flurry of media rumors reporting a possible merger with U.S. Airways and American Airlines. There are no facts to substantiate these rumors. Last week AMR filed for a six month extension for its exclusive reorganization time limit which expires March 28….
Published 14 Mar, 2012 Today, American Eagle confirmed with TWU leaders that they will begin their Section 1113 process next Wednesday, March 21 at the American Airlines Training and Conference Center at 9:00am cdt. The meeting is for all represented work groups and negotiating committees. American Eagle CEO Dan Garton will provide an overview of…