Wed, May 03, 2006
Over 63 Percent Of Pilots Voted For Deal
Calling the agreement "a
painful but necessary part of a successful restructuring of
Northwest Airlines," ALPA Master Executive Council Chairman Mark
McClain issued a statement Wednesday morning to announce that, by a
63 percent majority, pilots at Northwest have voted to ratify their
new five-and-a-half year contract with the airline.
The Street.com reports the contract -- which will cut pilots'
pay by 23.9 percent but will also insure that Northwest's mainline
pilots will continue to fly aircraft with over 77 seats, staving
off some concern about a new regional subsidiary -- is expected to
cut the carrier's expenses by as much as $358 million annually.
That's a significant step toward's Northwest's plan to emerge from
bankruptcy.
Along with Delta Air Lines, Northwest filed for Chapter 11
protection last September. Delta's pilots are expected to vote on their own
tentative deal in the next few weeks.
"Now is the time for Northwest pilots to unite and begin looking
forward to our company's successful emergence from bankruptcy,"
McClain said. "Our goal in negotiations was to provide contract
changes which addressed Northwest's needs, but also provided
security for Northwest pilot jobs."
"Our negotiators did a
remarkable job preventing Northwest management's excessive
small-jet demands and retaining merger and fragmentation rights for
Northwest pilots," added McClain, who last week successfully fought off a recall
vote tied to union members' angst over pay and
benefits cuts that some see as harsher than those pilots at Delta
will have to face.
With the new contract, Northwest pilots will receive an
unsecured $888 million claim against the airline, and will also
participate in a profit-sharing plan once the company exits Chapter
11 protection.
The contract also limits the number of aircraft with 51 to 76
seats that Northwest's new regional subsidiary Compass can operate
with outsourced pilots to 55 planes, or 90 if the planes are placed
at an affiliate operation.
More News
Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]
Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]
"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]
"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]
Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]