Continental Airlines, Teamsters Reach Tentative Contract Agreement | 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 On ANN

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

Airborne Hi-Def On YouTube

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Mon, Sep 13, 2010

Continental Airlines, Teamsters Reach Tentative Contract Agreement

Mechanics Would Receive Healthy Raises, Signing Bonuses

Continental Airlines and the International Brotherhood of Teamsters announced Friday they had reached a tentative agreement on a new labor contract with the (IBT) representing Continental aircraft maintenance technicians and related employees. The IBT is expected to hold a ratification vote in the coming weeks.

"(The agreement) recognizes the hard work of our technicians," said Mike Bonds, senior vice president of human resources and labor relations for Continental. "We look forward to continue working together with the IBT."

That sentiment was echoed by labor representatives. "This is a good agreement, with healthy raises and signing bonuses," said Teamsters Airline Division Director David Bourne. "It recognizes the contribution that our ... mechanics make to the success of Continental Airlines."

According to the Teamsters website, the contract provides a signing bonus of up to $6,000.00, based on longevity, to be paid on or before November 15, 2010. There is also a  2.5% increase in base as of 1/1/09; 2.5% compounded increase in base as of 7/1/10, with retro pay to be applied to both 1/1/09 and 7/1/10 increases and paid on or before November 15, 2010; 2.5% compounded increase as of 7/1/11; and 2.5% increase as of 7/1/12. An additional one million dollars in one-time bonus pay to be allocated to members on a longevity basis.

The agreement covers approximately 3,700 Continental technicians and related employees located throughout the United States. A date for the ratification vote has not yet been set, but it is expected within the coming weeks. The count is expected in mid-October.



More News

Airborne 11.25.15: Blue Origin Reusable Rocket!, AMA Reacts, Transgender Pilots

Also: UK CAA, E-Fest 2015, Citizens In Space, Gulfstream G500, Dassault Falcon Jet, CFM LEAP-1A, Tuskegee's Milton Crenchaw ANN Airborne Link: /index.cfm?do=video.playVideo&vid>[...]

Klyde Morris (11.20.15)

Klyde Is SO Ready For An Upgrade... FMI:>[...]

FlightSafety International Further Enhances Gulfstream G650 Training

Simulator Upgrades Include Autobrake Systems For Initial And Recurrent Training FlightSafety continues to enhance its Gulfstream G650 training program with upgrades to the simulato>[...]

Spirit Begins Production Of First Production RAAF P-8A

Aircraft Scheduled For Delivery In Early 2016 Spirit AeroSystems Inc. has begun production of the Royal Australian Air Force's (RAAF) first production P-8A aircraft. Spirit started>[...]

Aero-News: Quote Of The Day (11.30.15)

"ICARUS is going to revolutionize how we approach pilot training. It provides experience to student pilots that we cannot provide right now outside of a simulator. This product wil>[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC