This is George Price, APFA National Communications Coordinator, with an APFA Hotline Update for Tuesday, April 22, 2003.
The APFA Board of Directors met in special session today. The meeting concluded at approximately 6:30 P.M. Central Daylight Time with the Board passing a resolution by a vote of 17 yes and 1 abstention directing the APFA National Ballot Committee to conduct a re-balloting of the APFA membership on the company’s restructuring agreement. The full text of the resolution will be posted on the APFA Web site soon. The re-balloting is to begin expeditiously in accordance with the APFA Constitution.
In a statement, APFA President John Ward said that the re-balloting is being held for several reasons. The first is the fact the company committed a material breach of its obligation to disclose all relevant information to the APFA during the negotiations process by keeping the union in the dark about the supplemental pensions and cash retention bonuses it had approved for top company executives.
Second, the company interfered in the balloting process during the extension of the APFA’s original vote last week, by passing out materials and cornering Flight Attendants in one-on-one sessions. Finally, President Ward said that during almost the entire initial voting process from April 1 to April 16, the company continued to change language and add new provisions to its proposal, meaning the Flight Attendants did not ever have an opportunity to study the full proposal before casting a ballot.
The APFA Hotline will be updated with the details of the balloting process as soon as they are finalized by the APFA National Ballot Committee.
Questions have arisen as to the company taking steps to implement the restructuring agreement. It is the company’s stated position that they have ratified agreements with all three unions. We can anticipate the company moving forward with the implementation process. APFA is presently studying all of its legal options should the company elect to implement the restructuring agreement on May 1.
Dallas Congressman Martin Frost has invited leaders of all three unions and AMR CEO Don Carty to a meeting with members of the North Texas Congressional delegation to be held on Wednesday, April 23th in the DFW area. APFA has indicated it will attend.
American’s first quarter results will be released on Wednesday, April 23rd. The results will be posted on the APFA Web site once they have been released.
That is it for this special edition of the APFA Hotline. Please continue to call the hotline and visit the web site for updates.
This is George Price, APFA National Communications Coordinator, with an APFA hotline update.
It is currently 2:40 p.m. Central Time on Tuesday, April 22, 2003.
The APFA Board of Directors is meeting at this hour in the DFW area. The Board is discussing the APFA’s intent to re-ballot the APFA membership on the company’s restructuring agreement.
The APFA hotline will be updated at the conclusion of the meeting with more information. Please call back later this evening.