Amr Faces Twa Contract Lawsuit

[MrMarky]

Wow, the article says American PURCHASED TWA in a bankruptcy court auction in 2001 for 4.2 billion dollars.

PURCHASED, NOT MERGER!

According to the TWA lawsuit happy employees, this was a MERGER!

SOME MERGER WHEN ONLY ONE SIDE, AA, GETS THE PRIVILEGE OF PAYING $4.2 BILLION DOLLARS!

AND YOU WANT FULL SENIORITY?????????????????????????????????????

First of all, what a newspaper prints is not some kind of legally binding statement. Secondly, that story is woefully distorted. AA paid $742 million for TWA, not $4.2 billion. And they recovered almost half of that investment with the sale of Worldspan, which they got as part of the purchase. The $4.2 billion figure is the total value of the deal when aircraft leases and the like are taken into account. It does not represent cash paid out of AA's pocket, and AA had the right to reject any or all of the aircraft leases they did not wish to acquire. And they did reject those leases they didn't want -- 767-200, 717, DC-9 to name a few.

The author of the newspaper article is as poorly informed as you are.

 

[Hopeful]

Not to mention the instant astronomical medical costs added to AA's bottom line by absorbing an older workforce with existing medical conditions and spouses existing medical conditions and dependent's existing medical conditrions.

Get ready Mr. Marky! MCI will be reduced to nearly nothing within 2 years.

 

[Hopeful]

Hey Marky, my boy!

Did you add in TWA debt?

LATEST NEWS
April 9, 2001
Runway cleared for TWA purchase by American
FORT WORTH -- The parent company of American Airlines appears to have cleared Monday the last of the judicial hurdles that had delayed its purchase of Trans World Airlines for $724 million in cash and the assumption of another $3.5 billion in debt.


The Third U.S. Circuit Court of Appeals Monday denied a petition by the Jewish Labor Federation and, in effect, ended a temporary stay imposed on TWA's purchase by AMR Corp. (NYSE: AMR).

The union had asked the court to return the case to a Delaware bankruptcy court for further consideration of claims by about 100 Isreali TWA employees seeking $18 million in salaries and benefits.

"It may take a few hours to do all the paperwork, because there's a lot of paperwork involved," American Airlines spokesman John Hotard told the Associated Press late Monday morning.

"By the end of the day," he said, "we will own the assets of TWA."

Last month, American said it would not continue flights between Tel Aviv, Isreal, and New York -- a route that TWA suspended in March.

Monday morning, American said it will impose a $10 processing fee on the purchase of most paper tickets for flights on American Airlines and its commuter airline, American Eagle.

American said the charge will appy to most tickets purchased on its Web site, AA.com, through its reservation centers, and at travel centers and airports.

Passengers who pay the full fare, are members of the Executive Platinum program or buy paper tickets through travel agents will be exempt from the charge.

The airline, which said it is tacking on charge to recoup its processing costs and encourage electronic ticketing, also added a $25 fee Monday for passengers who request that their ticketing paperwork be sent by priority, overnight delivery.



© 2001 American City Business Journals Inc.

 

[Royal Ambassador]

...and the assumption of another $3.5 billion in debt.

Except that the debt represented operating leases for aircraft which were negotiated down by AMR to $2.8 billion from the original figure of $3.5 when the purchase announcement was originally made.

That journalist is simply wrong.

 

[MCI transplant]

Hopeful, Hopeful! Us old farts here in MCI have outpurformed all you "youngsers" in everything a.a. has sent us! With half the people! The moving of the 737 to TUL, will cost a.a. big time! I've heard figures as high as an estamated $22mill! Some say just a "Political move to help the TWU in it's fight with the AMFA! But if a.a. is satisfied with medioqer maintenance by their "Jiffy-Lub" mechanics in TUL. So be it!!!And if they close this place down, it'll be one of the dumbest things they could do!

 

[LiveInAHotel]

But if a.a. is satisfied with medioqer maintenance by their "Jiffy-Lub" mechanics in TUL. So be it!!!

I wouldn't talk negative towards our mechanics!! Considering most of the TWA planes had issues and were falling apart. I recently DHD on a TWA MD-80, what a piece of ****!

 

[kirkpatrick]

I wouldn't talk negative towards our mechanics!! Considering most of the TWA planes had issues and were falling apart. I recently DHD on a TWA MD-80, what a piece of ****!

TWA's 757's were much newer than AA's, and had just been delivered in the couple of years preceding the acquisition. TWA's MD80's averaged very slightly newer than AA's and included the newest 24 before they closed the assembly line.

As for deadheading on a TWA plane that was "a piece of ****," just who do you think has been maintaining them for the past three years?

MK

 

[Garfield1966]

I have been on 4 TW 757's and I thought they were quite nice. I really like the flip down monitors. Better than having those monstrosities hanging down in the aisle to smack tall folks in the head.

 

[Hopeful]

Hey Kirkpatrick!

Chill out and don't take it so personally when someone calls TWA planes a piece of $#%^! Mechanics refer to any aircraft that is not in good shape as a piece of #$%^. We use that that term affectionately. Mechanics don't distinguish between whose planes are crappier. It's one things to take personal attacks on individuals, but we're talking machines here. Relax! You don't see AAers getting insulted when the A300 is referred to as a piece of #$%^.

 

[jsn25911]

Hey Kirkpatrick!

Chill out and don't take it so personally when someone calls TWA planes a piece of $#%^! Mechanics refer to any aircraft that is not in good shape as a piece of #$%^. We use that that term affectionately. Mechanics don't distinguish between whose planes are crappier. It's one things to take personal attacks on individuals, but we're talking machines here. Relax! You don't see AAers getting insulted when the A300 is referred to as a piece of #$%^.

The way I understood MK was:

We left AA with some new Aircraft, infact newer than some of original AA planes.

If the planes are not the way we left them to AA - then they should not be regarded at TWA piece of **$#$! I would then considered them AA piece of **@#@!

 

[MCI transplant]

O.K, O.K.-----I see this is going nowhere! I'm sorry I poped off like that! :down:

 

[kirkpatrick]

I have been on 4 TW 757's and I thought they were quite nice.

I like the way the main cabin is divided into two cabins with the lavs between. It keeps the crowds away from the galley.

MK

 

[kirkpatrick]

Hey Kirkpatrick!

Hey Hopeful!

Chill out

Not hard to do, with the winter we've had so far here in New York!

MK

 

[Hopeful]

You seem to missing the point. When a mechanic refers to an aircraft as a piece of @#**, it's different than a F/A calling it a piece of *&^*!

If you mean that when TWA was bought with new aircraft and are being referred to as such because they are simply TWA aircraft, that's not true.

We get TWA aircraft that come through JFK that are no better and no worse overall than AA aircraft. Mechanics usually have preference of the types of aircraft they work on and I can almost speak for every JFK mechanic when I say we really hate the A300. In the good old days of overtime, it would be considered a moneymaker.

Mechanics usually have a preference to the engines they are used to working on as well. Where as MD80's all came with the same basic engine, the 757 came with basically two options, the P&W, and the RR.

Now if you guys want to get into a pissing match over who has better mechanics, TUL and MCI, be my guest!

 

[MCI transplant]

You seem to missing the point. When a mechanic refers to an aircraft as a piece of @#**, it's different than a F/A calling it a piece of *&^*!

If you mean that when TWA was bought with new aircraft and are being referred to as such because they are simply TWA aircraft, that's not true.

We get TWA aircraft that come through JFK that are no better and no worse overall than AA aircraft. Mechanics usually have preference of the types of aircraft they work on and I can almost speak for every JFK mechanic when I say we really hate the A300. In the good old days of overtime, it would be considered a moneymaker.

Mechanics usually have a preference to the engines they are used to working on as well. Where as MD80's all came with the same basic engine, the 757 came with basically two options, the P&W, and the RR.

Now if you guys want to get into a pissing match over who has better mechanics, TUL and MCI, be my guest!

<_< Hopeful----- You've pointed out one of the biggist differances! A TWA mechanic didn't have a "Prefferance" of Aircraft, or Engines!They did it all!!! And are proficant at it! From 747's, L-1011's, to MD-80's, 727's, 767's, 757's! They did it "ALL"! So which is best? That's a matter of opion!! If something broke! We fixed it! We couldn't afford to just replace every thing with "NEW"!We troubleshot a system!We didn't just change parts, and hope that would fix a problem! As a,a. does now! Our Engines, and Apu's flow longer than most other Airline! Our APU Shop was one of the best in the country! One of the first things a.a. did was to shut it down, and strip it! The A.pu's we're gitting from Tulsa now are trash! When you have to change out three to get a good one you know something is wrong!