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Archive for the tag “American Airlines”

USAirways/American Air Merger – US Air won’t wait forever

For those following the US Airways/ American Air Merger

US Airways CEO won’t wait forever for merger

The CEO of US Airways says the airline may or may not be willing to wait for a merger until after American Airlines emerges from bankruptcy protection.
Read More HERE (Story via @wfaachannel8)

Related blogs:

AA Bankruptcy and AMR Merger

Continuing Story: American Air Bankruptcy/Merger

More on the American Airlines / USAirways Merger

US Airways/ American Airlines Merger continues…

05/15/2012 US Airways/ American Airlines Merger continues…

05/16/2012 US Airways/ American Airlines Merger continues…

More on the USAir/American Airlines hearings

Update on the #AmericanAir Hearing (transcript via @JasonWhitely) – June 27, 2012

Breaking News on the US Airways/American Air Merger (via @JasonWhitely)

Breaking News on the US Airways/American Air Merger (via @JasonWhitely)

BREAKING: @USAirways quietly buys @AmericanAir debt and now has a seat at the table in AA’s reorganization.

US Airways quietly became creditor of American Airlines  (story & original tweet via @JasonWhitely of @wfaachannel8)

Update on the #AmericanAir Hearing (transcript via @JasonWhitely) – June 27, 2012

Transcript via @JasonWhitely from @wfaachannel8

4:09 pm: DEVELOPING: Waiting to hear any minute from Allied Pilots Assoc. on whether it’ll send @AmericanAir‘s last best offer to its 10,000 pilots.

4:19 pm: BREAKING: Board for @AmericanAir‘s pilots union votes to send AA’s last best offer to its 10,00 pilots.

4:31 pm: .@AmericanAir says its pleased: “We believe this agreement addresses needs of our pilots while achieving the goals of our business plan.”

4:33 pm: BREAKING: Judge now delaying decision on voiding flight attendants, TWU contracts until pilots vote. Takes 6 wks to collect results.

4:35 pm: BREAKING: @AmericanAir says its last offer to pilots saves all 400 jobs to be cut, gives a pay raise & equity stake in restructured AA.

6:11 pm: UPDATE: Pilots union board voted 9 to 7 to pass @AmericanAir‘s last best offer to 10,000 pilots. Insiders said the room eupted in applause.

6:12 pm: UPDATE: August 8 is the new deadline for American’s pilots to have voted on AA’s last best offer. This gives other unions time to negotiate.

 

More on the USAir/American Airlines hearings

For those of you who’ve been following the US Airways / American Airlines merger  (Tweets are courtesy of @JasonWhitely from @wfaachannel8)

June 20:

7:24pm: UPDATE: AmericanAir says it’s “disappointed” the board of its pilots union did not let AA’s 10,000 pilots vote on AA’s final offer.

7:25 pm: UPDATE: AA’s final offer included pay increases, furlough protection, profit sharing, a frozen pension and an equity stake in the new AA.

8:07 pm: UPDATE: Pilots say they’re close to a deal w/ AmericanAir but need clarity on scheduling. They hope to keep negotiating.

June 21

5:16 pm:BREAKING: Two sources tell WFAA that AmericanAir and its pilots asking bankruptcy judge to delay canceling union contracts for another wk.

5:22 pm: BREAKING: Sources say AA, pilots talked to bankruptcy judge in NYC this afternoon. He was supposed to rule on canceling contracts in the AM.

5:24 pm: More than 7,000 union jobs at AA remain at stake in ruling. Pilots say they’re close to an agreement. AA wants to talk to TWU, flight attendants (APFAunity)

5:49 pm: BREAKING: AA bankruptcy judge has postponed ruling on American’s Section 1113 motion for all unions until June 29.

5:50 pm: BREAKING: AmericanAir says the extension will not change the terms of our final offer to the pilots union.

6:54 pm: UPDATE: Pilots union will vote again on @AmericanAir’s final offer on 6/27. AA not renegotiating but will answer questions & clarify.

Apologies: no USAir/AA hearing transcript today…

8:22 am: Flight attendants to call at least two of their three witnesses today. Adam Condrick will talk about the retirement plan.

8:25 am: Daniel Akins, an air transport economist, also to testify saying AAs problems stem from mergers by its competitors.

[unfortunately @JasonWhitely will not be covering the USAirways / American Airlines merger today as he returns home to DFW.  It is not yet known if he will be returning to NYC to cover more at a later date, but I’ll do my best to keep up-to-date]

 

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