Judge sean lane grants amr management 1113
#31
This is more than just a win for all pilots, the rest of the AMR work groups have a "me too" clause that is any other workgroup receives a better deal (less than 17% cuts) they will reek the benefits as well.
#32
Gets Weekends Off
Joined APC: May 2005
Position: B777/CA retired
Posts: 1,484
It is a victory for labor because this is the first time a judge has actually held management accountable for their plan of reorganization. Horton's plan did not pass the smell test. Another blow to AMR management.
#33
http://www.amrcaseinfo.com/pdflib/4044_15463.pdf
After reading through a good chunk of the 111 pages it seems the judge believes abrogation is necessary for AA, but not under the current term sheet plan. Like you said, if they fix the furlough and codesharing sections so they have some limits then it has a good chance of passing.
Still, like cactusmike said, this is a good win for the industry because management is being held accountable for their plan of reorganization and BK isnt a card to be used for whatever the company wants without and pushback.
#34
Moderators seriously need to edit this post or lock it. They lock and move threads for so many petty reasons and when factually inaccurate headlines and misleading/fake press releases are allowed to remain the credibility of everything posted here declines. IBTL.
#35
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
Here is a link to the filing if anyone wants to read through it:
http://www.amrcaseinfo.com/pdflib/4044_15463.pdf
After reading through a good chunk of the 111 pages it seems the judge believes abrogation is necessary for AA, but not under the current term sheet plan. Like you said, if they fix the furlough and codesharing sections so they have some limits then it has a good chance of passing.
Still, like cactusmike said, this is a good win for the industry because management is being held accountable for their plan of reorganization and BK isnt a card to be used for whatever the company wants without and pushback.
http://www.amrcaseinfo.com/pdflib/4044_15463.pdf
After reading through a good chunk of the 111 pages it seems the judge believes abrogation is necessary for AA, but not under the current term sheet plan. Like you said, if they fix the furlough and codesharing sections so they have some limits then it has a good chance of passing.
Still, like cactusmike said, this is a good win for the industry because management is being held accountable for their plan of reorganization and BK isnt a card to be used for whatever the company wants without and pushback.
#36
APA owned up to their mistake, APA communications is who made the mistake. I agree that the title should be updated but this wasn't people making rumors.
#37
#39
From the Ruling:
The Court concludes that American’s proposed changes to furlough and codesharing have not been justified by either reference to the Business Plan or the practices of American’s competitors. Given the significance of these two provisions collectively to American’s proposal, the Court finds that American has not shown that the proposal is necessary as required by Section 1113. For the reasons set forth above, therefore, American’s Motion to reject the collective bargaining agreements of the APA is denied. This denial is without prejudice to remedying the two defects identified in this Opinion and submitting a new application under Section 1113. Debtors’ counsel shall settle an order on three days’ notice.
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