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November 1, 2007
US Airways Change of Control Update
To :
All IAM Members Employed By US Airways
Printable Version
Dear
Sisters and Brothers:
As you will recall the Change In Control arbitration case was presented
to Arbitrator Bloch on September 13,2007, to be followed by written
briefs by both the Company and the IAM after receipt of the written
transcripts of the hearing.
The written transcripts have been received and the parties (Company and
IAM) have until the second full week of November to submit their written
briefs to Arbitrator Bloch. Upon receipt of the written briefs,
Arbitrator Bloch will reconvene the members of the System Board for
final review and comment.
A written opinion and decision from Arbitrator Bloch should be
forthcoming thirty (30) to sixty (60) days upon recess of the System
Board. The membership will be advised immediately upon receipt of the
decision rendered by Arbitrator Bloch.
We will continue to update you as events allow and dictate.
In Solidarity, we remain,
S.R. (Randy) Canale
PDGC
District lodge 141 |
Tom Higginbotham
PDGC
District Lodge 142 |
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September
17, 2007
US
Airways Change in Control Arbitration Update
TO: All US Airways
IAM Members
Printable Version
Dear Sisters and
Brothers:
On September 13, a
hearing was held in Phoenix on the change in control grievances filed by
District Lodges 141 and 142 before a System Board of Adjustment
comprised of neutral arbitrator Richard Bloch and representatives of the
IAM and US Airways.
The IAM presented
testimony at the hearing that there was a "change in control" as that
term is defined in the Mechanics and Related and Fleet Service
agreements because the transactions that created the new US Airways in
2005 involved the sale of all or substantially all of the assets of the
Company and the sale US Airways' common stock to a group of investors
acting in concert.
US Airways presented
contrary testimony that there was no sale of its assets in 2005, that
the then-outstanding common stock of the Company was cancelled in
bankruptcy, and that the investors in the new US Airways acted
independently and not as a group.
The Union and the
Company will submit post-hearing briefs to the arbitrator in late
October or early November. A decision will come after the submission of
the briefs.
We will keep you
informed of developments in this case.
Sincerely and
Fraternally,
S.R. (Randy) Canale
PDGC
District lodge 141 |
Tom Higginbotham
PDGC
District Lodge 142 |
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