Pinnacle Pilots Respond To Section 1113 Bankruptcy Filing | 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-05.20.24

Airborne-NextGen-05.21.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

Tue, Sep 18, 2012

Pinnacle Pilots Respond To Section 1113 Bankruptcy Filing

Airline Has Moved To Reject The Pilots' Collective Bargaining Agreement

Capt. Tom Wychor, Chairman of the Pinnacle Airlines arm of the Air Line Pilots Association, Int’l (ALPA), released a statement Friday regarding the Section 1113 filing by Pinnacle Corporation.

“Late last night Pinnacle filed a motion in the U.S. Bankruptcy Court for the Southern District of New York to reject the pilots’ collective bargaining agreement," Whchor said. "While this filing was expected, we do not think that it was necessary for Pinnacle to take this step so shortly after contract negotiations resumed. We believe the filing is an ill-advised distraction from the real work of negotiating a consensual agreement that maintains industry standard pay, work rules and benefits and can garner pilot support to help Pinnacle move through this difficult period.

“We acknowledge that concessions are necessary to allow Pinnacle to successfully reorganize. The extraordinary level of concessions sought by Pinnacle, however, would set a new floor for pilot contracts within the regional airline industry. The bottom line is this: in the five months since company executives filed for bankruptcy, they have not been able to justify the level of concessions they are seeking. Rather than solving its problems, Pinnacle executives are attempting to use the bankruptcy process to gain an overwhelming and unfair competitive advantage in the industry. We firmly believe that if the bankruptcy court allows Pinnacle to implement steep reductions in our wages, work rules and benefits that it is proposing, the cost of pilot attrition and inability to hire new pilots in the future would vastly outweigh the assumed short-term benefits of the imposed cuts.

“We encourage our management to bring to the bargaining table the same energy they have used to run to the courtroom. We must find enough common ground to form the basis for a new agreement, one that provides a future for both Pinnacle Airlines and its pilots.”

FMI: www.alpa.org

Advertisement

More News

ANN's Daily Aero-Term (05.19.24): Back-Taxi

Back-Taxi A term used by air traffic controllers to taxi an aircraft on the runway opposite to the traffic flow. The aircraft may be instructed to back-taxi to the beginning of the>[...]

Aero-News: Quote of the Day (05.19.24)

“Our WAI members across the nation are grateful for the service and sacrifice of the formidable group of WASP who served so honorably during World War II. This group of brave>[...]

Aero-News: Quote of the Day (05.20.24)

“Many aspiring pilots fall short of their goal due to the cost of flight training, so EAA working with the Ray Foundation helps relieve some of the financial pressure and mak>[...]

ANN's Daily Aero-Term (05.20.24): Blind Speed

Blind Speed The rate of departure or closing of a target relative to the radar antenna at which cancellation of the primary radar target by moving target indicator (MTI) circuits i>[...]

ANN's Daily Aero-Linx (05.20.24)

Aero Linx: International Airline Medical Association (IAMA) The International Airline Medical Association, formerly known as the Airline Medical Directors Association (AMDA) was fo>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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