- Dec 21, 2002
- 5,998
- 347
March 6, 2009
To: Airport Services Employees Represented by the TWU
Dear Colleague,
Many of us have been impacted by the economic recession that is affecting nearly every industry and reaching every corner of the world. Whether family members have lost jobs or our own retirement savings have suffered with market swings, no one seems to be immune.
Within the airline industry, the recession has resulted in a serious dent in travel demand. At American, we’re experiencing the lowest advanced booking rates we’ve seen in a long time. Load factors are down by double digits year over year, affected by a decline in both business and leisure travelers. Recent economic forecasts indicate that these challenges will continue throughout the year.
As most responsible companies do, we closely monitor supply and demand. And, as conditions warrant, we make adjustments to find the right balance to support American’s long-term success. One of the areas of focus is always staffing – we need to ensure we have staffing levels that properly support our anticipated level of business. Unfortunately, the current market demand does not require the manning levels that are in place today in many locations. As a result, a Reduction in Force will be needed in some locations, effective May 2, 2009.
To minimize the number of involuntary furloughs, the “Stand-in-Stead†(SIS) option will continue to be available for TWU-represented employees. As a reminder, to be offered a SIS, TWU-represented employees must be in the same classification and status as those positions deemed surplus. The deadline to place your name on the list to be considered for a SIS in time for the upcoming reduction is March 25. Employees can add/delete their name up until this “freeze†date. Once the freeze is effective, there can be no additions or deletions to the list.
To learn more about this option, log onto Jetnet. From the home page, click on the “Policies and Procedures†tab located on the menu bar at the top of the page, and then select “People Reduction Information†from the left side menu. Next, click on “TWU Represented Employees†and then select “Stand-in-Stead.†As a reminder, your manager has the right to limit or deny employee elections based on operational necessity.
Please remember that timelines are extremely critical when applying for SIS. It is important to remove your name from the list in the event you no longer wish to apply for this option.
Note that the Voluntary Bridge to Retirement Program is no longer being offered and no additional VBRs will be granted.
We realize that selecting this option is an important decision. Take the time to make sure you are fully informed before making your decision. When reviewing information, please note that Jetnet contains the most accurate information regarding the voluntary programs. If you believe there are differences between information contained in this letter and on Jetnet, please rely on the Jetnet content.
If you have questions about the programs after reading the information on Jetnet, please call Talent Services at (800) 447-2000 or speak to your manager.
Sincerely,
The same letter was issued for airport agents
To: Airport Services Employees Represented by the TWU
Dear Colleague,
Many of us have been impacted by the economic recession that is affecting nearly every industry and reaching every corner of the world. Whether family members have lost jobs or our own retirement savings have suffered with market swings, no one seems to be immune.
Within the airline industry, the recession has resulted in a serious dent in travel demand. At American, we’re experiencing the lowest advanced booking rates we’ve seen in a long time. Load factors are down by double digits year over year, affected by a decline in both business and leisure travelers. Recent economic forecasts indicate that these challenges will continue throughout the year.
As most responsible companies do, we closely monitor supply and demand. And, as conditions warrant, we make adjustments to find the right balance to support American’s long-term success. One of the areas of focus is always staffing – we need to ensure we have staffing levels that properly support our anticipated level of business. Unfortunately, the current market demand does not require the manning levels that are in place today in many locations. As a result, a Reduction in Force will be needed in some locations, effective May 2, 2009.
To minimize the number of involuntary furloughs, the “Stand-in-Stead†(SIS) option will continue to be available for TWU-represented employees. As a reminder, to be offered a SIS, TWU-represented employees must be in the same classification and status as those positions deemed surplus. The deadline to place your name on the list to be considered for a SIS in time for the upcoming reduction is March 25. Employees can add/delete their name up until this “freeze†date. Once the freeze is effective, there can be no additions or deletions to the list.
To learn more about this option, log onto Jetnet. From the home page, click on the “Policies and Procedures†tab located on the menu bar at the top of the page, and then select “People Reduction Information†from the left side menu. Next, click on “TWU Represented Employees†and then select “Stand-in-Stead.†As a reminder, your manager has the right to limit or deny employee elections based on operational necessity.
Please remember that timelines are extremely critical when applying for SIS. It is important to remove your name from the list in the event you no longer wish to apply for this option.
Note that the Voluntary Bridge to Retirement Program is no longer being offered and no additional VBRs will be granted.
We realize that selecting this option is an important decision. Take the time to make sure you are fully informed before making your decision. When reviewing information, please note that Jetnet contains the most accurate information regarding the voluntary programs. If you believe there are differences between information contained in this letter and on Jetnet, please rely on the Jetnet content.
If you have questions about the programs after reading the information on Jetnet, please call Talent Services at (800) 447-2000 or speak to your manager.
Sincerely,
The same letter was issued for airport agents
