Originally Posted by Laura Einspanier

August 19, 2012

Dear Colleagues,

Today our flight attendants voted to ratify the company’s proposal, which means that we now have ratified agreements with APFA and all seven TWU groups. In addition to these eight ratified agreements, we are moving forward with implementing changes for our independent employees, and this past week we concluded the management/support staff redesign. We also filed a renewed Section 1113 motion with the court to reject our pilot contract so that we can move forward with the changes needed for our successful restructuring. These steps represent significant progress in our restructuring, and we’re well on our way to building the new American.

As was the case with our other unionized employees, our flight attendants had to make difficult decisions for themselves and their families. We very much appreciate everyone taking the time to consider what’s at stake and voice their opinions in the voting process.

We are pleased to have reached a consensual agreement with our flight attendants that offers significant improvements over the Term Sheet. The ratified agreement includes benefits that would not have been available without a consensual agreement, including: an Early Out incentive which could potentially eliminate the need for more than 2,000 furloughs, a lump sum payment on date of signing, pay increases over the next five years, an equity stake in the new American and more.

As we will be doing with the Mechanics & Related and Stores ratified agreements, we’ll be asking the Court to approve this new APFA agreement so we can begin implementing its terms.

Thank you for your dedication to your job, our company, and your continued care for our customers.

Sincerely,

Laura Einspanier
Vice President - Employee Relations