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Showing blog posts tagged with bankruptcy

TWU Demands Respect from American Airlines' Bankruptcy Court

Workers took to the street yesterday as American Airlines’ bankruptcy hearings began in New York City. Members of the Transport Workers (TWU), which represents American Airlines’ mechanics and fleet service employees, rallied with other union and community activists to demand that the court protect American jobs and collective bargaining rights and respect the value of work during the bankruptcy proceedings. Take a look at TWU’s video.

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American Backs off Plan to Dump Pensions

In February, American Airlines announced plans to eliminate the jobs of 13,000 workers and dump pension plans for nearly 90,000 workers into the federal government’s Pension Benefit Guaranty Corp. (PBGC) as part of its bankruptcy plan. Roughly 9,000 Transport Workers (TWU) members are employed at American. But yesterday, following negotiations with the TWU and PBGC, American announced it was abandoning its pension proposal.

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Transport Workers Set to Protest ‘Job Cremator’ Romney

Members of the Transport Workers (TWU), whose jobs are facing elimination by Bain & Co., will protest outside campaign offices of Republican presidential candidate Mitt Romney during the days leading up to the Florida primary election on Jan. 31. Calling Romney ”a job cremator, not a job creator,” TWU President James Little says Romney:

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Hostess Bankruptcy Filing Hits 5,000 BCTGM Members

Hostess Brands, the company that has brought us such iconically American snacks as Twinkies, yesterday filed for bankruptcy protection for the second time since 2004. But the move does more than affect our universal sweet tooth—it has vast repercussions for some 5,000 workers, members of the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM).

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