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Twu Aa Tentative Agreement

Twu Aa Tentative Agreement

«Our Maintenance and Fleet Service team members are the best in the business and work incredibly hard to care for our customers,» said Doug Parker, President and CEO of American Chairman and Fleet Service. «They deserve contracts that have significant improvements in wages, quality of life and job protection. Preliminary agreements respect all of this – and more. We appreciate the negotiators of the association and the companies that have worked so hard to join us until today, as well as the National Mediation Board for their advice. WASHINGTON, January 30, 2020 – The TWU-IAM Association announced today that it has entered into tentative agreements with American Airlines for five new collective agreements (JCBAs) worth $4.2 billion for more than 30,000 members of Mechanic – Related, Fleet Service, Maintenance Control, MLS/Stores and Maintenance Maintenance Specialist. Interim agreements provide the industry with peak wages, benefits and working conditions. The interim agreements provide the industry with the best protection against outsourcing and the safety of iron use. These agreements require immediate increases between 4% and 18%. These increases, combined with the 2016 interim wages, have increased pay rates from 23% to 53% since the merger of American Airlines and US Airways. These agreements also offer the industry`s best profit-sharing formula, which includes bonuses of $3,000 to $6,000, increases premium payments, maintains generous improvements in retirement plans, affordable health insurance options, and ensures each member`s work at their current location. «Preliminary agreements respect all of that – and more,» Parker said.

The impact of the severe COVID 19 pandemic on the operation of the company has created uncertainty about the ability to predict specific implementation dates for certain contractual elements that the company must undertake. That is why the parties have agreed to meet within 60 days of ratification and ongoing, in order to reach agreement on all outstanding agreements after the ratification date and not in the implementation agreement reached today. FORT WORTH, Texas — American Airlines and the TWU-IAM Association this week reached preliminary agreements on new joint collective agreements that cover more than 31,000 team members. The interim agreements are subject to ratification by members of the Maintenance And Fleet Service, who are represented by the Association. Details of the agreements will be given by the association to its members in the coming weeks. CHICAGO (Reuters) – American Airlines Holdings Inc. O and its union announced on Thursday, after more than four years of often acrimonious negotiations, interim collective agreements for five fleet maintenance and service groups. For more details on the agreements, click here. Additional information, including the full language of the contract, will be made available to all members prior to the scheduled vote.

The agreements are worth $4.2 billion and provide more than 30,000 employees with salaries, benefits, work rules, job security and pension plans, as the union, the TWU-IAM Association, said on its website. They are still subject to ratification by union members. The Association and American Airlines have reached an agreement on the implementation of certain elements of the JCBAs. The following concerns salary, retirement and certain benefits that are most important to our membership: «The negotiating team had the opportunity to quickly accept a low-quality contract or to do the hard and tedious work to fight for the best possible contract,» said Sito Pantoja, president of the association and vice-president Alex Garcia.

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