Over 500 agents to get Early Out Buyout

[eolesen]

Oh, it's possible they could find the money, but if the US unions are brought up to AA's payscales, I don't see how it would be sustainable.

 

[jersey777]

Frontline ....read this from the Wall Sreet Journal and that might explain to you why the UCC agreed to an extension...

Creditors prefer to have US Airways or other interested merger partners competing against an AMR stand-alone plan perceived as strong, so they can get the best possible deal, according to people familiar with the process. If a company in Chapter 11 loses exclusive control over proposing a reorganization plan, a case can get contentious, with an array of creditors and other parties suggesting their own road maps for getting the company out of court.

 

[john john]

Oh, it's possible they could find the money, but if the US unions are brought up to AA's payscales, I don't see how it would be sustainable.

AA agents pay scale is more than US agents ????

What are the terms of the AA agent buyout?

 

[LowManOnThePole]

US Agents pay is 21.18 an hour max. 10 holidays, 2x pay.. I know this because I walked over there and asked.

 

[john john]

US Agents pay is 21.18 an hour max. 10 holidays, 2x pay.. I know this because I walked over there and asked.

actually
$21.44 hr plus shift differential
5 weeks vacation 2 weeks holidays or X2 pay
12 sick days a year

 

[john john]

Which of the unions were able to successfully negotiate a buyout, John John?

The Pilots got 4% DOS & 2% every year afterwards & 13% stake in the Company
Are the agents with there “me too” getting the same thing

 

[700UW]

The agents are non-union, there isnt a real me-too clause as they have no CBA.

 

[WantFriesWithThat?]

No but agents got options when the unions did and also the same seniority deal as the ramp when the lists were combined after TWA