American Airlines and TWU-IAM Association Reach Interim Agreement on Pay Increases for 30,000 Ground Employees
August 05 2016 - 9:55AM
American Airlines (Nasdaq:AAL) and the TWU-IAM Association
today announced they have reached an interim agreement to provide
significant pay increases to the 30,000 maintenance, fleet service
and other related employees represented by the TWU-IAM Association.
The pay increases will go into place immediately while the
negotiating committees continue working toward a joint collective
bargaining agreement for the represented groups. The TWU-IAM
Association is an alliance between the Transport Workers Union
(TWU) and the International Association of Machinists and Aerospace
Workers (IAM).
“We are pleased to reach this innovative and unprecedented
agreement with the Association, which will provide immediate and
significant pay increases for 30,000 of American’s more than
100,000 team members,” said Robert Isom, Chief Operating Officer
for American. “With 12 diverse workgroups represented by the
Association, reaching a single agreement for this specific set of
co-workers is taking longer than any of us anticipated. Today’s
interim agreement is unique, and thanks to the experienced
leadership of Association Chair Sito Pantoja, Association Vice
Chair Harry Lombardo, and two extremely motivated and capable
negotiating committees, we have joined together to put the
interests of our co-workers and Association members first. We will
continue to work toward a single agreement that accommodates the
unique needs of each of these diverse groups, and remain committed
to reaching that single agreement as quickly as we can.”
The interim agreement provides average pay increases ranging
from 15 to 36 percent for maintenance and related employees, 24
percent for fleet service employees, 31 percent for tower planners
and 55 percent for weight and balance planners. These increases now
give employees in each of these groups the highest hourly wage
rates amongst their peers at other network carriers. Additionally,
the agreement provides for a provision that allows TWU-IAM
Association maintenance and related and fleet service and related
employees to perform work on either pre-merger American or US
Airways aircraft. This provision currently exists in a limited
fashion and expanding it will enable American to schedule its
aircraft more efficiently and allow its workforce to more
effectively maintain its fleet.
About American Airlines GroupAmerican Airlines
and American Eagle offer an average of nearly 6,700 flights per day
to nearly 350 destinations in more than 50 countries. American has
hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami,
New York, Philadelphia, Phoenix, and Washington, D.C. American is a
founding member of the oneworld alliance, whose
members serve more than 1,000 destinations with about 14,250 daily
flights to over 150 countries. Shares of American Airlines Group
Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its
stock joined the S&P 500 index. Connect with American on
Twitter @AmericanAir and at Facebook.com/AmericanAirlines.
Corporate Communications
817-967-1577
mediarelations@aa.com
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