TWA Pilots Reach Agreements with TWA Airlines LLC

Agreements Provide Waivers Necessary to Facilitate Smooth Transition With

American Airlines



Apr 03, 2001, 01:00 ET from Air Line Pilots Association, International

    ST. LOUIS, April 3 /PRNewswire/ -- TWA pilots, represented by the Air Line
 Pilots Association, International (ALPA), have reached agreements with TWA
 Airlines LLC, the wholly owned American Airlines subsidiary that will operate
 as the successor to TWA.
     The agreements include amendments to the Scope, Benefits and Successorship
 provisions of the pilots' Collective Bargaining Agreement as required by
 American's asset purchase agreement with TWA.  In a letter to American
 Chairman and CEO Donald J. Carty today, Captain Robert A. Pastore said the
 pilots wanted "to ensure a prompt closing" of American's acquisition of TWA,
 noting their strong support for the acquisition.  Pastore is chairman of the
 TWA ALPA Master Executive Council.
     In the letter, Captain Pastore cited commitments made by Mr. Carty in
 saying that the pilots "expect issues related to the integration of our pilots
 into the American system will be fairly resolved with our participation."
     ALPA and its pilot members pledged their cooperation for a smooth
 integration and a commitment to the successful operation of TWA Airlines
 LLC, at a superior level.  Under the new contract, ALPA will continue as the
 pilots' union and bargaining agent when TWA Airlines LLC begins operating.
     The full text of today's letter to Mr. Carty from ALPA, copies of which
 were also sent to TWA President and CEO William Compton, Missouri Sens. Kit
 Bond and Jean Carnahan, Rep. Richard Gephardt, and Missouri Gov. Bob Holden,
 follows:
 
         "The pilots of TWA, represented by the Air Line Pilots
      Association, International, have been strong supporters of American's
      acquisition of TWA.  That support arises from the commitments you made
      along with the conviction that the acquisition is the best next step in
      TWA's long and distinguished history.  You have described TWA as a
      "perfect fit." We share that spirit and hope that it will guide the
      integration of TWA and American.
         "Consistent with our support for the transaction, we have
      reached a new agreement with TWA Airlines LLC, the wholly owned American
      Airlines subsidiary that will operate as the successor to TWA.  Although
      the agreement, in order to ensure a prompt closing, does not address all
      our concerns, we fully expect that issues related to the integration of
      our pilots into the American system will be fairly resolved with our
      participation as we go forward.
         "At ALPA, in continuing as the TWA pilots' union and
      bargaining agent, we pledge our cooperation for a smooth integration and
      commitment to the successful operation of TWA Airlines LLC, at a superior
      level.  TWA brings much value to this new endeavor as part of the
      American Airlines family:  A solid operation, a key Midwest hub, valuable
      slots, gates and routes and, most of all, a top-notch pilot group."
 
     CONTACT:  Scott Sherrin for Air Line Pilots Association, International,
 314-770-8500
 
 

SOURCE Air Line Pilots Association, International
    ST. LOUIS, April 3 /PRNewswire/ -- TWA pilots, represented by the Air Line
 Pilots Association, International (ALPA), have reached agreements with TWA
 Airlines LLC, the wholly owned American Airlines subsidiary that will operate
 as the successor to TWA.
     The agreements include amendments to the Scope, Benefits and Successorship
 provisions of the pilots' Collective Bargaining Agreement as required by
 American's asset purchase agreement with TWA.  In a letter to American
 Chairman and CEO Donald J. Carty today, Captain Robert A. Pastore said the
 pilots wanted "to ensure a prompt closing" of American's acquisition of TWA,
 noting their strong support for the acquisition.  Pastore is chairman of the
 TWA ALPA Master Executive Council.
     In the letter, Captain Pastore cited commitments made by Mr. Carty in
 saying that the pilots "expect issues related to the integration of our pilots
 into the American system will be fairly resolved with our participation."
     ALPA and its pilot members pledged their cooperation for a smooth
 integration and a commitment to the successful operation of TWA Airlines
 LLC, at a superior level.  Under the new contract, ALPA will continue as the
 pilots' union and bargaining agent when TWA Airlines LLC begins operating.
     The full text of today's letter to Mr. Carty from ALPA, copies of which
 were also sent to TWA President and CEO William Compton, Missouri Sens. Kit
 Bond and Jean Carnahan, Rep. Richard Gephardt, and Missouri Gov. Bob Holden,
 follows:
 
         "The pilots of TWA, represented by the Air Line Pilots
      Association, International, have been strong supporters of American's
      acquisition of TWA.  That support arises from the commitments you made
      along with the conviction that the acquisition is the best next step in
      TWA's long and distinguished history.  You have described TWA as a
      "perfect fit." We share that spirit and hope that it will guide the
      integration of TWA and American.
         "Consistent with our support for the transaction, we have
      reached a new agreement with TWA Airlines LLC, the wholly owned American
      Airlines subsidiary that will operate as the successor to TWA.  Although
      the agreement, in order to ensure a prompt closing, does not address all
      our concerns, we fully expect that issues related to the integration of
      our pilots into the American system will be fairly resolved with our
      participation as we go forward.
         "At ALPA, in continuing as the TWA pilots' union and
      bargaining agent, we pledge our cooperation for a smooth integration and
      commitment to the successful operation of TWA Airlines LLC, at a superior
      level.  TWA brings much value to this new endeavor as part of the
      American Airlines family:  A solid operation, a key Midwest hub, valuable
      slots, gates and routes and, most of all, a top-notch pilot group."
 
     CONTACT:  Scott Sherrin for Air Line Pilots Association, International,
 314-770-8500
 
 SOURCE  Air Line Pilots Association, International