Frontier, Teamsters Come To Terms On Wage Concessions | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 11.20.17

Airborne-Unmanned 11.21.17

Airborne 11.22.17

AMA Drone Report 11.16.17

Airborne 11.17.17

Airborne-YouTube

Airborne 11.20.17

Airborne-Unmanned 11.21.17

Airborne 11.22.17

AMA Drone Report 11.16.17

Airborne 11.17.17

Wed, May 28, 2008

Frontier, Teamsters Come To Terms On Wage Concessions

Airline Plans To Review Cuts In September... Assuming It Survives

It's not quite peace in our time, but it's something. On Tuesday, representatives with bankrupt Frontier Airlines and the Teamsters Union announced the two sides reached a tentative agreement on temporary wage concessions, that the airline says it needs in order to survive Chapter 11.

"I am pleased we were able to come to an agreement with the union leadership," said Frontier President and CEO Sean Menke. "In challenging times like these, we need all of our employees supporting us in this process, and this tentative agreement is an important step in that direction."

The agreement -- which must still be approved by 430 Frontier workers represented by the Teamsters -- is a marked departure from the rancor that had stemmed from news Frontier Airlines executives had negotiated severance packages for themselves should the carrier fold, even as they sought after by the carrier's executive staff.

In announcing the deal, however, Teamsters Local 961 president Matthew Fazakas took a more conciliatory tone than his earlier statements, as reported by ANN... and advised Frontier workers to approve the agreement.

"The Teamsters Union and its members are aware of the issues facing Frontier Airlines and the entire Airline industry," said Fazakas. "We understand that in these tough economic times facing the airline industry, all Frontier employees need to contribute to the Company's future success. We are recommending that our members vote to approve the temporary wage-reduction plan. This needs to be a "win-win" situation" for all."

Earlier this month, Menke and other members of the executive management team also agreed to up to 20% in wage and benefits concessions. Frontier plans to reexamine all the employee concessions in September based on the developing financial condition of the company and current economic conditions.

Frontier's other two unions -- the Frontier Airlines Pilots Association (FAPA) and the Transportation Workers Union (TWU) -- ratified agreements for those concessions last week.

FMI: www.frontierairlines.com, www.teamsters.org

Advertisement

More News

Airborne 11.22.17: AOPA Plays Icon Apologist, Lancair Mako, Mooney Ovation Ultra

Also: Airbus A380 Deal, Acting PM Belize In A/C Accident, Hartzell Propeller, Crop Duster Shooting ANN’s senior editorial staff was stunned to read a recent article by the AO>[...]

Airborne-Unmanned 11.21.17: Resolute Eagle UAS, Aerotain Skye, Novus Unmanned 17

Also: Mars Drone, ASTM Drones Standards, Huerta Reflects On His Tenure, UAS Delivers Acceptance Letters On Nov. 8, PAE ISR’s Resolute Eagle UAS completed its first commercial>[...]

ANN Wishes Our Readers, Listeners And Viewers A VERY Happy Thanksgiving Holiday

Yes... We Will Be On A Holiday Schedule For The Rest Of Week As the Aero-News staff observes the US holiday of Thanksgiving on Thursday, we wanted to let our readers know that ANN >[...]

Airborne 11.22.17: AOPA Plays Icon Apologist, Lancair Mako, Mooney Ovation Ultra

Also: Airbus A380 Deal, Acting PM Belize In A/C Accident, Hartzell Propeller, Crop Duster Shooting ANN’s senior editorial staff was stunned to read a recent article by the AO>[...]

Aero-News: Quote of the Day (11.23.17)

"We take great pride in our Goodyear Blimp crews teaming up with the U.S. Marine Corps Reserve to support Toys for Tots." Source: Paul Fitzhenry, senior vice president, Global Comm>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC