Published 27 Mar, 2012 We understand that sometime today AMR will file its Section 1113 motion with the U.S. Bankruptcy Court in New York to reject all seven TWU labor agreements. AA’s filing does not affect our contracts immediately, but is the next step in the legal process. This issue will be tried in front…
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….