OUR UNION
AMR Bankruptcy Update – American Eagle
On Wednesday Feb. 1, AMR announced their restructuring plan, a plan that deals a heavy blow to nearly 9,000 TWU members working at American Airlines.
As for American Eagle’s restructuring, the company was short on specifics saying, “due to fleet uncertainty we have not finalized our plan as of now.” The fleet uncertainty is attributed to contractual articles being addressed in AAs bankruptcy.
As for American Eagle’s restructuring, the company was short on specifics saying, “due to fleet uncertainty we have not finalized our plan as of now.” The fleet uncertainty is attributed to contractual articles being addressed in AAs bankruptcy.
They are:
• Allied Pilots Association Scope clause - aircrafts number of seats
• TWUs cap on available seat miles (ASMs)
Eagle’s Chief Executive Officer Dan Garton said their reorganization plan would have to lag AAs bankruptcy because of this. Eagle expects to have proposals ready to pass in 2-3 weeks.
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• Allied Pilots Association Scope clause - aircrafts number of seats
• TWUs cap on available seat miles (ASMs)
Eagle’s Chief Executive Officer Dan Garton said their reorganization plan would have to lag AAs bankruptcy because of this. Eagle expects to have proposals ready to pass in 2-3 weeks.
...
Read More
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TWU |
TRANSPORT WORKERS UNION OF AMERICA AFL-CIO 501 3rd. St. NW 9th Floor Washington, D.C. 20001 202-719-3900 OFFICE 202-347-0454 FAX |
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