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American Airlines retirees’ poignant letters to court on their benefits post-merger
TransportAs the federal bankruptcy judge signed off Wednesday on the $11 billion merger of American Airlines and US Airways, a few things are still unclear: what will happen to the $20 million severance package for outgoing American CEO Tom Horton, and more importantly, what will happen to AA’s nearly 47,000 retirees, if they’ll have to pay [...]
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American Airlines and US Airways workers fret the details
SkiftXInsiders call the process harmonization, but for American Airlines, US Airways and their employees, the process of merging two companies together won’t sound anything like a joyful chorus. Bankruptcy courts and federal antitrust regulators, assuming those processes go smoothly on their own, will be just the beginning of a potentially arduous process that will yield [...]
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The new American Airlines: Tough labor talks are ahead
TransportThe day American Airlines and US Airways announced their merger proposal, their union leaders smiled and shook hands with airline executives and one another. Some union presidents, including those who represent American’s pilots, flight attendants and ground workers, had advocated for a merger of the carriers for months, even signing conditional labor agreements with US [...]
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The new American Airlines: Maintenance crews breathe sigh of relief
TransportAmerican Airlines’ 6,500 employees in Tulsa are expected to have a new boss soon and maybe even new hope after the company announced it had reached a merger agreement with US Airways. After more than a year of speculation, board members of both companies approved the deal late Wednesday and announced it to employees and [...]
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US Airways pilots overwhelmingly approve labor agreement for a merger
TransportAs AMR Corp.’s American Airlines and US Airways Group Inc. intensify their talks on a possible merger that could be announced in the coming days, US Airways pilots on Friday widely approved a provisional labor agreement that would help smooth the path toward a combination, their union said. The US Airline Pilots Association, which represents [...]
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The secret agreements that American Airlines’ unions made with US Airways
TransportWhen American Airlines declared bankruptcy in 2011, it was not uncontroversial. With $4.1 billion in cash, American wasn’t exactly a poster-child for insolvency. Its unions opposed the plan, but perhaps less obviously, so did former CEO Gerard Arpey, who left the company without a severance package over his opposition to the move. But new CEO Tom Horton [...]
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US Airways and American Airlines pilots agree on post-merger working conditions
TransportPilots for bankrupt American Airlines and US Airways have agreed to a memorandum of understanding addressing working conditions related to a potential merger before American emerges from bankruptcy, union and company executives said Tuesday. The MOU document — a transitional labor contract — was negotiated over the past month by American’s Allied Pilots Association and [...]
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American Airlines’ former CEO backs merger with US Airways [VIDEO]
TransportRobert Crandall, the former CEO and chairman of American Airlines, has consistently been a backer of an American Airlines-US Airways merger, and a new video has emerged outlining his views. One of his main points is that a merger would make sense and ensure American’s future — but only if the two airlines’ pilots can [...]
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American Airlines’ pilots say a new contract is essential to a pre-bankruptcy exit deal with US Airways
TransportAn American Airlines merger with US Airways Group Inc. may not occur during the AMR Corp. unit’s bankruptcy unless pilot groups from the carriers agree on interim contract terms, American’s pilot union warned. If an accord is not reached “in the very near future, in all likelihood there will be no merger before American Airlines [...]
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American’s flight attendants now join airline and pilots in merger discussions
TransportThe Association of Professional Flight Attendants union, which represents workers at AMR Corp’s American Airlines, said on Thursday it had been invited to take part in confidential talks on a potential merger with US Airways Group. The union said it signed a non-disclosure agreement (NDA) that will permit its involvement in discussions with the two [...]