In a filing made on Friday, American Airlines' parent company, AMR Corp., asked for more time to submit a restructuring plan.
The request was made jointly with the unsecured creditors committee and if granted, would give American the exclusive right to submit a restructuring plan to the court until March 11. Currently, American's exclusivity period ends on January 28.
"The relief requested will allow American to continue focusing on preserving and enhancing going concern values and restructuring American’s financial condition and operations to achieve a competitive and sustainable cost structure and, thus, achieve the objectives of chapter 11 – a successful rehabilitation. read more...
It has come to our attention that there are some questions about the bidding for vacation and Personal Days Off (PDOs) that is now taking place.
To be clear, the new vacation and PDO systems are expected to begin on or around January 1, 2013. At that time, we expect Dispatch will have completed the 1113 court process and the ratified contracts for all other Eagle groups will go into effect. Although the new contracts are not yet in effect, the bidding for vacations and PDOs must be done now for administrative purposes. read more...
American Eagle
T/A Vote Results Announced – AMT and Related Ratify Agreement; Dispatchers Reject
Today, BallotPoint confirmed the voting results with International Representative Jose Galarza and ATD Director Garry Drummond. AMT & Related members voted 82 percent in favor of the proposed agreement, while Dispatchers rejected their proposed agreement by 90 percent.
The vote results were announced to Local Presidents via a conference call this afternoon. Details and further updates for the Dispatcher group will be posted here when they become available. read more...
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September 24, 2013
The Court conducted the thirty-sixth omnibus hearing today. The main item on the agenda was a pretrial conference in the case of Fjord v. AMR Corporation, Adv. Pro. No. 13-1392. The plaintiffs in this action allege antitrust violations under section 7 of the Clayton Act. This is a separate action from the one brought by the Department of Justice and the Attorneys General pending in the District Court in Washington D.C.. After extensive argument the Court determined that the District Court action should be heard and determined first, with this private action proceeding after the District Court has rendered a ruling. In the event of a settlement of the District Court action, the parties are to return to the Bankruptcy Court to discuss scheduling.
October 02, 2013
Transport Workers Seek a Seat at the Table in US Airways/American Airlines Merger Case
Case will go forward despite government shutdown
Washington, DC - Oct 2, 2013 – The Transport Workers Union has taken legal action in federal court to protect the jobs, pay and benefits of its members, TWU President Harry Lombardo said today.
The TWU, Lombardo said, is seeking intervenor status in a lawsuit filed by the U.S. Department of Justice (DOJ) against the proposed merger of American Airlines and U.S. Airways. The case will go forward despite the current government shutdown, under terms of an order issued on Oct. 1 by U.S. District Judge Colleen Kollar-Kotelly.
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