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-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

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-Linx (04.16.24)

Aero Linx: International Business Aviation Council Ltd IBAC promotes the growth of business aviation, benefiting all sectors of the industry and all regions of the world. As a non->[...]

Aero-News: Quote of the Day (04.16.24)

"During the annual inspection of the B-24 “Diamond Lil” this off-season, we made the determination that 'Lil' needs some new feathers. Due to weathering, the cloth-cove>[...]

Airborne 04.10.24: SnF24!, A50 Heritage Reveal, HeliCycle!, Montaer MC-01

Also: Bushcat Woes, Hummingbird 300 SL 4-Seat Heli Kit, Carbon Cub UL The newest Junkers is a faithful recreation that mates a 7-cylinder Verner radial engine to the airframe offer>[...]

Airborne 04.12.24: SnF24!, G100UL Is Here, Holy Micro, Plane Tags

Also: Seaplane Pilots Association, Rotax 916’s First Year, Gene Conrad After a decade and a half of struggling with the FAA and other aero-politics, G100UL is in production a>[...]

Airborne-Flight Training 04.17.24: Feds Need Controllers, Spirit Delay, Redbird

Also: Martha King Scholarship, Montaer Grows, Textron Updates Pistons, FlySto The FAA is hiring thousands of air traffic controllers, but the window to apply will only be open for >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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