TWU Local 512

American Airlines has sealed the first portion of its industry-record $10bn debt deal that highlights the extent to which investors are searching for income even in sectors badly hit by the pandemic. The Texas-based airline issued $6.5bn worth of junk bonds on Wednesday as part of a package that also includes $3.5bn in loans. American Airlines plan... s $5 billion bond sale, $2.5 billion loan backed by frequent flyer program to pay back other debt American Airlines said Monday it is planning to issue $5 billion in bonds and seek a $2.5 billion loan backed by its frequent flyer program, funds it intends to use to pay back some of its debt used to help weather the coronavirus pandemic. The passing of the covid relief bill will extend pay and job security for our members through the end of September as many were facing the possibility of furloughs at the end of this month. The Company has rescinded all Warn letters issued and notified the local that they are recalling all the voluntary leaves in ORD and are preparing for a more robust summer bid. Premise Health Staff continues with the vaccine distribution here at Chicago (ORD) at the K19 flagship lounge. Sign-up is still available, and the call center operates seven days a week between 8:00 A.M and 4:00 P.M; just call (773) 686-3234 for an appointment. We like to thank the Chicago Department of Public Health (CDPH) for providing American with the supply of the Johnson and Johnson coronavirus (COVID-19) vaccine. So far, Premise Health has administered about 275 vaccines shot per day. It was also recently announced that the following stations CLT and TUL, are to receive vaccine distribution. We had two members who tested positive for COVID-19 this week. All of their work areas were deep clean, and the Company initiated contact tracing. As the vaccination process continues, we ask you to continue to wear your mandated facemask and wash your hands after every task. If that is not possible, use hand sanitizer. We have a limited supply of hand sanitizer and facemask in ...Read More