Usapa objects to POR
07-30-2013, 03:52 PM
#3
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Usapa objects to POR
Today, July 30, USAPA filed a Limited Objection (click here to view) to American Airline’s Plan of Reorganization (POR) in US Bankruptcy Court, Southern District of New York.
USAPA supports the merger of American Airlines and US Airways – as well as the signed Memorandum of Understanding, which is the basis for pay and working conditions when the merger is approved. USAPA filed this limited objection to ensure our rights are properly protected, and if necessary, the proposed POR is appropriately modified to address specific problems, including:
As written, the plan fails to demonstrate economic feasibility, as it lacks a viable business plan for American Eagle, a core part of the new airline’s economic future.
The plan improperly gives US Airways a possible way to avoid responsibility, if it violates its collective bargaining agreements and labor laws, such as pending grievances and other pre-POR matters.
The plan wrongly provides a prohibited severance payment to American’s management.
The plan requires clarification regarding USAPA’s collective bargaining agreements after the POR, and status of the union within the meaning of the plan.
USAPA supports the merger of American Airlines and US Airways – as well as the signed Memorandum of Understanding, which is the basis for pay and working conditions when the merger is approved. USAPA filed this limited objection to ensure our rights are properly protected, and if necessary, the proposed POR is appropriately modified to address specific problems, including:
As written, the plan fails to demonstrate economic feasibility, as it lacks a viable business plan for American Eagle, a core part of the new airline’s economic future.
The plan improperly gives US Airways a possible way to avoid responsibility, if it violates its collective bargaining agreements and labor laws, such as pending grievances and other pre-POR matters.
The plan wrongly provides a prohibited severance payment to American’s management.
The plan requires clarification regarding USAPA’s collective bargaining agreements after the POR, and status of the union within the meaning of the plan.
07-30-2013, 04:09 PM
#5
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Originally Posted by ncpilot624
They're just getting desperate now. I think they realize delaying isn't going to work much longer.
07-30-2013, 04:30 PM
#6
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Originally Posted by cactiboss
Parker has coddled these thieving mfers long enough, last time they pulled something like this they got the cactus call sign.
07-30-2013, 04:38 PM
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Its kinda funny that USAPA thinks they can affect this merger. Theres so much money involved belonging to so many powerful people that anyone who gets in the way is going to get steamrolled.
07-30-2013, 05:53 PM
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So did the city of Fort Worth, regarding the Alliance Airport maintenance facility lease.
Sky Talk: City of Fort Worth files limited objection against AMR's restructuring plan
....normal procedure.
Obviously they are not trying to block the merger, just trying to take care of things such as
- a viable business plan for American Eagle, i.e. perhaps looking out for that pilot group?
-addressed such as pending grievances and other pre-POR matters that are still on the table
-prohibited severance to overpay management during BK.
My bet is that these things get ironed out by the court before POR is presented, as too much is riding on it.
Sky Talk: City of Fort Worth files limited objection against AMR's restructuring plan
....normal procedure.
Obviously they are not trying to block the merger, just trying to take care of things such as
- a viable business plan for American Eagle, i.e. perhaps looking out for that pilot group?
-addressed such as pending grievances and other pre-POR matters that are still on the table
-prohibited severance to overpay management during BK.
My bet is that these things get ironed out by the court before POR is presented, as too much is riding on it.
07-30-2013, 07:30 PM
#10
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Posts: 1,353
Originally Posted by ncpilot624
They're just getting desperate now. I think they realize delaying isn't going to work much longer.
Come on really???? Last gasp of the criminally desperate about to get what they deserve. I hope some downgrades hit Philly, CLT at DCA so they can know the full jest of of their actions over the past 7yrs.WD at AWA
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