11.16.13 – (LAA) – APFA Hotline Clarification

APFA Hotline Clarification

November 16, 2013

 

Last evening’s hotline contained an error. The following paragraph should read:

“There have been a few questions about a provision contained in the April 12, 2012, original CLA prior to modification on 12/31/12. That unmodified CLA reached with US Airways reads: “In lieu of profit sharing arrangement, the flight attendants shall receive a 2.5 percent pay increase as of the Plan Effective Date.” To be clear, after the LBFO was ratified, the language was modified by the Memorandum of Understanding between APFA and US Airways and it was agreed that because the 3% raise secured in the LBFO was greater than the scheduled raise in the CLA (of 2.5%), the 3% would not be reduced by one-half percent once the CLA took effect. In short, we already received an increase greater than the required 2.5%.”

Most importantly, Flight Attendants are eligible for Profit Sharing in March of 2014 provided the company’s profits in the 4th quarter meet the financial threshold for a distribution. AA appears to be well on track for a profit sharing payout for the first time in more than a decade and FAs will receive almost a full year’s payout as a result.

AmericanAirlines + US Airways 
“Merging Ahead!”

Leslie Mayo
APFA National Communications Coordinator