Recent Posts

March 02, 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 very rapid pace as required by law.

March 01, 2012

American Airlines wants to terminate the pensions of 130,000 workers as part of its bankruptcy proceeding. The move would be good for the company's balance sheet, but would it be good for America?

American's pension termination would be the largest in U.S. history. The airline wants to end the plans and turn them over to the Pension Benefit Guarantee Corp (PBGC), a government-sponsored agency that insures most private-sector defined-benefit pensions through premiums paid by plan sponsors.

Read the entire article here

February 27, 2012

NEGOTIATIONS UPDATE
AMR SAYS NO TO EARLY OUT AS DESIGNED

Late Friday AA presented its rationale for rejecting TWU’s proposal for an early out proposal.  The Company asserts that the program as designed is too costly.  However, AA indicated that it would still review such concepts during the entire 1113 process.

An early out program is essential for this reorganization and as such your TWU bargaining team will be pushing the matter throughout the negotiations.  We consider such a mechanism to be very important in these difficult negotiations.

February 24, 2012

TWU Negotiating Committee

This week TWU Negotiators started passing first round counter proposals to the company after hours of relentless study, some of it over the past two weekends. All seven work groups drafted proposals for their respective units, responding to AMRs ask of $390 million dollars in cost savings from TWU represented workers.

The Negotiations Committee wants members to know that we are entrenched in 1113 bankruptcy negotiations, which are by bankruptcy law – concessionary - and not an easy task for any one of your leaders, and of course it is not easy for anyone of you.

February 22, 2012

Listen to the February 13, 2012 Telephone Town Hall regarding the AMR bankruptcy and its impact on TWU members and families at American Airlines and American Eagle.

February 20, 2012

TWU Negotiators reconvened this afternoon at AMRs Flagship University. All represented work groups met with the company as they presented their analysis of cost outs covering the TWU pensions, medical coverage options, and sick time and retiree medical costs savings. The TWU Benefits Committee attended the presentation at the request of the Negotiating Committee. The company held a brief Q and A session immediately following their presentation.

February 17, 2012

This week has been a whirlwind of meetings, presentations, discussion and activities for TWU negotiators and members.

Monday evening TWU International President James C. Little and Air Transport Division Director Garry Drummond hosted a telephonic town hall reporting on the AMR bankruptcy. Members submitted questions via email prior to the call and International President Little answered as many as possible during the limited time frame. The call was well received by members and there are tentative plans to hold another in the near future.

February 17, 2012

Saving money is not cheap, as one consulting contract for American Airlines and AMR is proving.

Boston Consulting Group has been helping new AMR/American Airlines chairman and chief executive officer Tom Horton reorganize the management structure at the air carrier.

On Thursday, AMR filed a motion seeking approval of the arrangement, with a "not-to-exceed" price tag of $11,732,000 for Boston Consulting's fees.

Read the entire article here

February 15, 2012

Mr. Jeff Brundage
Senior VP – Human Resources

Dear Jeff:

TWU as you know has been diligent in preparing to meet with American to address the complex issued raised in this bankruptcy proceeding. We are working round the clock to evaluate the financial issues raised as well as to look at a means of addressing those concerns in an effort to save jobs, save careers, and save the company.

Download the Early Out Proposal

AMR Bankruptcy Update for February 14, 2012
February 14, 2012

DFW Airport Labor Solidarity Rally

Monday and Tuesday the TWU Negotiating Team hunkered down at Flagship University continuing their careful evaluation of AMRs financial spread sheets, and drafting their "ask" for specific documents needed for review - the company is obligated to produce these for the TWU negotiators.

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This site is not meant to constitute a legal opinion or legal advice, and does not replace independent consultation with your own attorney as each employer and employee's situation is unique.