Printer Friendly
The Free Library
14,508,224 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Labor Unions at AA Voice Concern over Executive Bonuses.


FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities.  -- The leaders of the three unions at American Airlines -- the Allied Pilots Association, the Association of Professional Flight Attendants The Association of Professional Flight Attendants (APFA) represents the 19,900 US-based flight attendants of American Airlines. APFA union headquarters is located in Euless, Texas.  and the Transport Workers Union Transport Workers Union may refer to:
  • The Transport Workers Union of America
  • The Transport Workers Union of Australia
  • The Swedish Transport Workers' Union
 -- convened this morning in a special meeting to discuss Friday's announcement by AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12.  regarding the bonuses to be awarded to approximately 1,000 management employees under their Management Performance Unit Plan.

Following this meeting, the unions released a joint statement that reads as follows:

"APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated.

APA - Application Portability Architecture
, APFA APFA American Professional Football Association (now National Football League)
APFA Association of Professional Flight Attendants
APFA Abortion Providers' Federation of Australasia
APFA American Pipe Fittings Association, Inc.
 and TWU TWU Texas Woman's University
TWU Transport Workers Union
TWU Trinity Western University
TWU Two Worlds United
TWU Texas Wesleyan University
TWU Transport Workers Union of America
TWU Telecommunications Workers Union
 are concerned over the irrationality of tying cash bonuses solely to the performance of our stock.

"The union-represented employees at American Airlines have devoted a tremendous amount of energy, time and resources working together with management in an effort to return our airline to profitability. Management has continuously acknowledged that these joint efforts have contributed not only to the great strides our company has made, but also to Wall Street's confidence in American Airlines.

"All three unions have requested a meeting with senior management to seek in-depth clarification on the Management Performance Unit Plan. We seriously question the logic behind these cash bonuses."

Founded in 1977, the Association of Professional Flight Attendants is the largest independent union in the nation. It represents the more than 22,620 flight attendants of American Airlines, including 4,084 furloughed flight attendants. The APFA's Web site is www.apfa.org.

Founded in 1934, the Transport Workers Union represents nearly 125,000 workers in the nation's transportation industries, including 55,000 workers in the airline and government service industry in virtually all Class and Crafts. The Air Transport Division represents 42 Locals with 59 labor contracts. The Airline Division Web site is www.twuatd.org.

Founded in 1963, APA is headquartered in Ft. Worth, TX. APA represents the more than 13,000 pilots who fly for American Airlines, including 2,819 pilots on furlough. The furloughs began shortly after the September 11, 2001 terrorist attacks. Also, several hundred AA pilots are on full-time military leave of absence serving in the armed forces. APA's Web site address is www.alliedpilots.org.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jan 9, 2006
Words:340
Previous Article:Oregon Economy Fueled by Robust Tourism Industry; State Experiences Record Visitor Spending, Strong Employment Growth.
Next Article:Network Engines Appoints Gregory A. Shortell as President and CEO; Former Nokia Executive and Network Security Industry Veteran to Lead Appliance...
Topics:



Related Articles
Rank and bile: how the Teamsters try to silence dissenters.(International Brotherhood of Teamsters)
CHANGING THE RULES.(Eliseo Medina)(Interview)
For the team.(Gerard Arpey named CEO of American Airlines)(Brief Article)
Workers of the world: the AFL-CIO struggles to define a global agenda for labor.(report)(American Federation of Labor-Congress of Industrial...
Standing up for workers' rights.
Union turns up pressure on Starwood as hotel talks drag.(Up Front)(Starwood Hotels & Resorts Worldwide Inc.)
Rare gains, big setbacks highlight shifting fortunes of labor unions.(Up Front)
Company Watch - American Airlines.
Airline Finance News - North America.
Company Watch - American Airlines.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles