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March 04, 2006

Northwest Reaches Deal With Pilots

Crisis Averted?

It appears Judge Allan Gropper's decision to forestall ruling on Northwest's ability to reject its current contract with its pilots -- in hopes the airline and its pilots would come to an amicable solution -- paid off Friday, as airline management reached a tentative deal with members of the Air Line Pilots Association over a new contract that could save the bankrupt airline $358 million annually.

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Comair FA's Consider Strike

"Unreasonable Concessionary Demands" Provoke Union Resolution

Earlier this week -- the executive board of Teamsters Local 513 passed a resolution that lays the foundation for a possible strike by 818 Comair Airlines flight attendants. Cincinnati-based Local 513 Executive Board members unanimously passed the resolution, condemning what the union describes as the company's "unreasonable concessionary demands."

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Bankruptcy Math: When Is 'Only' Losing $300 Million Considered A Good Thing?

Answer: When You Lost $314 Million One Year Ago

In the slimmest of signs the airline may be at the beginning of its recovery from Chapter 11 bankruptcy, for the first time in recent memory Delta Air Lines reported losing less money in January than during a comparable period one year ago.

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AD: General Electric

AD NUMBER: 2006-05-04 MANUFACTURER: General Electric SUBJECT: Airworthiness Directive 2006-05-04 SUMMARY: The FAA is superseding an existing airworthiness directive (AD) for General Electric Company (GE) CF34-1A, -3A, -3A1, -3A2, -3B, and -3B1 turbofan engines.

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