NWA Pilots To Get 2.4 Percent Equity In Combined Airline | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Fri, Jul 04, 2008

NWA Pilots To Get 2.4 Percent Equity In Combined Airline

Rank-And-File Still Must Vote On New, Single Contract

It's looking like pilots for Delta and Northwest Airlines will come through the merger of the two carriers without the ugly civil war that marked the merger of US Airways three years ago.

The Associated Press reports negotiators for the two pilot groups, both represented by the Air Line Pilots Association, have signed off on contracts which will give 7,000 Delta pilots a combined 3.5 percent stake in the new company, and 5,000 Northwest pilots about 2.4 per cent. The shares per-pilot work out to be the same for both groups.

More importantly, Northwest pilots have agreed to raises totalling 18 percent over four years, bringing their pay in line with current salaries of their colleagues at Delta, and the two pilot groups have agreed to accept binding arbitration to settle any seniority rank issues which remain when the merger is approved by regulators and shareholders.

In the takeover of US Airways by America West, a bitter feud over seniority rankings led pilots remaining from the old US Airways to reject an arbitrated settlement, split with the ALPA, and form their own, new union to fight what they felt was a settlement which favored pilots coming into the merger from the America West side. Seniority determines who bids first for aircraft types, routes, and vacation scheduling.

Delta hopes to complete the stock-swap acquisition of Northwest by the end of the year.

FMI: www.newglobalairline.com, www.alpa.org

Advertisement

More News

ANN's Daily Aero-Term (05.05.24): Omnidirectional Approach Lighting System

Omnidirectional Approach Lighting System ODALS consists of seven omnidirectional flashing lights located in the approach area of a nonprecision runway. Five lights are located on t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.06xx.24)

“Our aircrews are trained and capable of rapidly shifting from operational missions to humanitarian roles. We planned to demonstrate how we, and our BORSTAR partners, respond>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC