By now, you’ve all heard the terrific news that the DOJ announced a settlement on our merger with US Airways earlier today. I was able to share this news with members of my base at the JFK Roadshow this morning which made the news that much more meaningful.
The next legal step in this process is a final approval by the U.S. Bankruptcy court which is scheduled for November 25, 2013, ironically, the day we were scheduled to go to trial with the DOJ. Following that, we can anticipate exiting bankruptcy the first half of December.
What does that mean? For starters, it means we will begin receiving our equity stake in the new American in the form of unrestricted stock beginning on the day we exit. It also means that the LBFO will begin to be replaced by the Conditional Labor Agreement (“CLA”) as modified by the MOU and its associated improvements.
Congratulations to all flight attendants at both airlines. It would not have happened without your support. We have a lot to look forward to and still have work to do. I remain hopeful that we can reach agreement with AFA-CWA on how best to represent the flight attendants at the new American so we can get the contract we all deserve for building the world’s leading airline.
Tomorrow, I will be at the Miami roadshow along with the the APFA negotiating team and our advisors beginning at 11:00 a.m. Come join us if you can in the auditorium, Concourse D, Miami Airport, 4th Floor.
Lastly, please take a moment to remember our colleagues from AA Flight 587, several of whom were my friends. I am pleased that there is now some new hope associated with today’s date.
Here’s to the memory of those we lost 12 years ago today. We will never forget…
Edward States, Captain
Sten Molin, First Officer