December 14, 2011
(Reuters) - Buried deep in American Airlines' Chapter 11 bankruptcy filing is a striking asset -- a town house in one of London's most expensive residential streets that property experts say could be worth up to $30 million.
The five-bedroom house in London's high-end Kensington district is a throwback to the airline's expansion two decades ago and stands a 10 minute walk from the former home of Princess Diana, with gentry and diplomats as neighbors.
Read the entire article here
December 12, 2011
Per the instructions of the IAC letter, the negotiating committees have appointed the following people to the Post 1113C Committee:
View the letter here
December 08, 2011
AMR Corporation, the parent company of both American Airlines and its regional carrier, American Eagle filed for bankruptcy in lower Manhattan on Nov. 28, 2011. Those two carriers employ well over 20,000 TWU airline division members across America in Fleet Service, Maintenance, Cabin Cleaning, Stores, Flight Dispatch, Meteorology and more. Other airlines have used bankruptcy proceedings to decimate collective bargaining agreements, destroy pension and health plans, and slash union jobs especially in overhaul maintenance.
Local 100 members took time at the union’s Dec. 3rd mass membership meeting to recognize this threat to our Brothers and Sisters at American and American Eagle by unanimously endorsing a resolution of support. Prior to presenting the resolution, Local 100 President John Samuelsen said that the bankruptcy filing “is an enormous challenge for our entire TWU International union. It is crucial that we as an organization pull together in a truly unified fashion to meet this attack on TWU members at American and American Eagle.”
Read the entire resolution here