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-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

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

Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P

Also: Vertical Flight Society, NBAA Maintenance Conference, GA Honored, AMT Scholarship For the first time, students from Embry-Riddle’s Daytona Beach, Florida, campus took t>[...]

ANN's Daily Aero-Term (05.07.24): Hazardous Weather Information

Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]

Aero-News: Quote of the Day (05.07.24)

"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]

NTSB Final Report: Cessna 150

(FAA) Inspector Observed That Both Fuel Tanks Were Intact And That Only A Minimal Amount Of Fuel Remained In Each Analysis: According to the pilot, approximately 8 miles from the d>[...]

Aero-News: Quote of the Day (05.08.24)

“Pyka’s Pelican Cargo is unlike any other UAS solution on the market for contested logistics. We assessed a number of leading capabilities and concluded that the Pelica>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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