American Airlines Drops Plan To Kill Pensions Under Pressure From TWU

Last year American Airlines filed for bankruptcy in an effort to cut jobs and pensions, while paying executives large bonuses. The Pension Benefit Guaranty Corporation and the Transport Workers Union recently concluded negotiations with

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Last year American Airlines filed for bankruptcy in an effort to cut jobs and pensions, while paying executives large bonuses. The Pension Benefit Guaranty Corporation and the Transport Workers Union recently concluded negotiations with American that led to the airline dropping the plan, which would've eliminated 13,000 jobs and canceled 90,000 pensions. TWU President James C. Little said:

The company initially wanted to terminate our pension plan, shift the cost to the government and put our members at risk. Our negotiating team drew a line in the sand and said this was totally unacceptable—and today we are pleased to report that [American] has informed us they are willing to accept our proposal for a freeze of the current pension plan.

Those in support of the workers at American Airlines can sign TWU's petition that calls for no attacks on pensions and no outsourcing of jobs.

This success is a good sign that when unions fight back and work hard, they can stop anti-worker provisions pushed by corporations and conservatives.

About Kenneth Quinnell

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