Special AA Bankruptcy Update – Judge Delays Contract Decision
Published 21 Jun, 2012
Today Judge Sean Lane indicated he was postponing his decision on whether to reject the contracts of all three unions for at least a week pending the APA's decision on whether to submit the Company's LBO to its membership. In the interim there will be no changes in rates of pay, rules and working conditions for any represented work group, including those who have ratified agreements. The parties will confer with the Court on Monday to get further information on the Court's schedule. We will post more information as soon as it is available.