That's just mean. :(

Yet you are a no vote to OUR TA? Who will be setting the bar again?

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My prediction: APA will negotiate an agreement with AMR management prior to June 22. That will buy them time. If they go to June 22 without an agreement it is my view their contract will be rejected. Look at the history over the last decade...judges throw out contracts and don't take the union side.

AMR management has conditional exclusivity...so the creditors can pull down AMR managements exclusive rights prior to September. The 3 unions only need to get 2 more creditors on board to derail management's plans. That's a tough business case to make in front of folks that want more of the pie, but at least they have a shot.

I'm thinking they only need one more vote since the PBGC is on the creditor's board and has already filed motions against AMR dumping their pensions.

Anybody know where to read the APA or AMR term sheets/proposals?

AMR has a website for restructuring with term sheets for all of the labor groups. Here's the long version for the APA.

http://restructuringamr.com/document...0419_FINAL.pdf

This TA will not reduce the need for as many reserve pilots and her's why:

The increase to max reserve resolves the situation in a category with long
trips in which a reserve pilot with, for example, 30 hours for the month cannot be assigned even a single rotation without taking him/her above the ALV, which
is currently max reserve. The staffing formula is designed to require enough reserve pilots to cover about 60 hours
of flying each. In any rolling 12-month period, if the average reserve pilot flies less than 60 hours, the staffing formula requires incrementally fewer reserve pilots in succeeding months. If, on the other hand, the average reserve pilot flies more than 60 hours, the formula requires incrementally more reserve pilots. The more reserve pilots fly, the more reserve pilots are required. In other words, if the increase to max reserve causes reserve pilots to fly more, the staffing formula will in turn require more reserve pilots, which will subsequently reduce the aver- age flown by reserves.

Currently, a reserve pilot can be as- signed flying not to exceed the ALV. Once his projection is within two hours of the ALV, he is considered “FULL” and is no longer required to remain on call for the rest of the bid period. The TA will increase the amount of flying to which
a reserve pilot can be assigned to ALV + 15:00. However, he will be considered
F ULL when his projection equals exceeds his reserve guarantee.
or
Consider, for example, a pilot who has two weeks of vacation and is awarded a reserve line. His reserve guarantee will
be set at approximately 38:00 (depending upon the ALV and the number of days in the bid period), and his line will contain approximately nine on-call days. Under the current PWA, this pilot must remain on call until his projection is within two hours of the ALV. Under the TA, he will be F ULL once his projection reaches 38:00.
Also, the contractual staffing formula adjusts to reserve duty periods worked and reserve plus premium hours flown. The formula creates an average of 60 hours and corrects to that number. If reserve and premium hours flown grow, then the staffing formula adjusts up proportionally, driving a requirement for more pilots, not fewer. Regardless of max reserve, the staffing formula will not allow pilots to average above 60 hours over time.

WOW

Another reason to look hard at reality v. emotional (in some cases valid) reasons to vote no on this TA.

Where does anyone think we will do better in this climate today? Lets move forward with gains, the alternative is very ugly today. Just sayin....