American Airlines and Labor Negotiations

[Tim Nelson]

I highly doubt the IAM and TWU will slug it out so the point is moot. And the point will be even more moot when we vote in JCBA’s.

When people are fat and satisfied financially they ain’t gonna give two chits about any silly card drives or pissing contests.

Wow, I actually agree with ya!!!! That said, if they aren't satisfied and we get a real crap sandwich that gets ratified, even with a no recommendation, then all bets are off. Your mechanic group tried for a new union prior to the negotiations and I have a hunch that they will be picking that up immediately after a JCBA if such agreement is truly disappointing. History suggest AMFA again and history suggest they will keep the TWU. Love/hate relationship.

 

[1AA]

Is it possible to have a card drive splitting the Association, TWU vs. IAM?

A card drive to rid the association and both unions has a better chance than having both International presidents agreeing in writing to end the association and have a vote.

 

[CremaDiLimone]

I didn’t vote in 2003

i voted no..

but, i don't believe it mattered. if one group voted 'no', the company's attorneys were supposedly on the steps of BK court, ready to do the deed.

i remember the FAs voting 'no', then were told to vote again. get it right, i suppose.

 

[P. REZ]

No, what I meant was we have a baseline on what AA is offering number wise to the 401k without the IAM pension being included. If AA agrees to continue the IAM pension and their number offered for the 401k goes below their original offer because of the IAM pension, that is a non starter for me. The IAM pension does nothing at all for me so why would I settle on a lower 401k offer because of it.

The company was contributing between 5.5%-11.3% to the pension, FYI. It's a little less now because of the interim raises given.

P. Rez

 

[Kev3188]

Up to 9%, it depends on how much the employee contributes. The company will automatically contribute 5% of an employees annual salary to their 401k. They will MATCH up to an additional 4% of the employees contribution. Here is the bullet point from the company propaganda..."‍‌‌‌‌‌‌‌‌‌‌‌‌‍All TWU-IAM-represented team members would transition to an enhanced 401(k) plan. Company contributions would be an automatic 5% of your annual salary (no matching funds required by members), which is a higher contribution toward retirement than the current IAM pension plan or the current TWU 401(k). In addition, the company would match employee contributions up to 4% of the team member’s salary, for a total company contribution of up to 9%. IAM pension plan participants would retain any benefits already vested in their pension plan."

FWIW, DL has a 3% fixed contribution, and will match up to a further 6% for a total of 9%.

 

[cltrat]

Where DL trumps anything AA is offering is the profit sharing, we get a chit sandwich in comparison,the way ours is now I’d personally rather have a much higher hourly rate and they can have the ps

 

[WeAAsles]

Where DL trumps anything AA is offering is the profit sharing, we get a chit sandwich in comparison,the way ours is now I’d personally rather have a much higher hourly rate and they can have the ps

Welcome to the club. Besides the smaller contribution, AA has around 30 to 40,000 more employees to share the pool with causing even further dilution.

 

[Buck]

Has anyone heard if the company in negotiatiions is going to pay a Taxi-Tow Premium?

 

[Kev3188]

Where DL trumps anything AA is offering is the profit sharing, we get a chit sandwich in comparison,the way ours is now I’d personally rather have a much higher hourly rate and they can have the ps

I would like that too, but here we are.

The company line (paraphrasing, of course) is that they don’t want to give big raises, only to take them back of the industry takes a nose dive. This way, they can offer “industry standard” wages, and have variable compensation making up for that.

 

[cltrat]

Keg if you don,t mind me asking because I have heard different figures. What % did you actually get and how was it figured?

 

[Kev3188]

This past year was goofy. A couple of years ago, they switched to lower paying formula. This year, they switched back to the higher paying one, but the "old" formula counted for the first 9 months of the year. So for all earnings from Jan 1-Sept. 30, it worked out to about 8.5% of my earnings. For the balance of the calendar year, it worked out to about 15% of my earnings for that period.

The current payout thresholds are: 10% of profits for the first $2.5B of profits and 20% of profits in excess of $2.5B.

They take that number, and divide it by the total amount of eligible wages earned by everyone. Whatever that comes out to is the payout percentage. They then take that percentage number of your income, and that's what you get for a check.

 

[CremaDiLimone]

The current payout thresholds are: 10% of profits for the first $2.5B of profits and 20% of profits in excess of $2.5B.

last year aa earned $3.8 billion, pre-tax. if we used dl's formula..

$250 million
+
$280 million

$530 million in PS, instead of the $240 million that was given.

 

[cltrat]

Thks Kev first year ours was 3.5% of income year two without so much as en explanation it dropped to 2%. Some said it was due to giving everyone that 1000 bucks from tax cut.If the company said that I never seen it.Either way it’s pretty much a joke of a program.

 

[Tim Nelson]

This past year was goofy. A couple of years ago, they switched to lower paying formula. This year, they switched back to the higher paying one, but the "old" formula counted for the first 9 months of the year. So for all earnings from Jan 1-Sept. 30, it worked out to about 8.5% of my earnings. For the balance of the calendar year, it worked out to about 15% of my earnings for that period.

The current payout thresholds are: 10% of profits for the first $2.5B of profits and 20% of profits in excess of $2.5B.

They take that number, and divide it by the total amount of eligible wages earned by everyone. Whatever that comes out to is the payout percentage. They then take that percentage number of your income, and that's what you get for a check.

amazingly, that is more than delta +7 although parker just wants "delta +0" now. Eventually, after Sito shuts his mouth about Johnson and straightens up, the company will deal civilly. Hangup is mx. Fleet will be $33.

 

[NYer]

Thks Kev first year ours was 3.5% of income year two without so much as en explanation it dropped to 2%. Some said it was due to giving everyone that 1000 bucks from tax cut.If the company said that I never seen it.Either way it’s pretty much a joke of a program.

The percentage moves because the amount of the overall PS pool changes.

Example: If the pool is $300M and you may get 3% of your wages. If the pool is $400M then you may get 4% of your wages because there is more in the pool to make a higher payout

If the pool is $200M, then you may get 2% because the pool is smaller. It doesn't have enough to pay someone 3% or 4% of their wages because there isn't enough to cover that higher amount.