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 12.19.14 ** HD iPad-Friendly -- Airborne 12.19.14 **
** Airborne 12.17.14 ** HD iPad-Friendly -- Airborne 12.17.14 **
** Airborne 12.15.14 ** HD iPad-Friendly -- Airborne 12.15.14 **

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.

FMI: http://teamsterair.org, www.continental.com

Advertisement

More News

Virgin America First To Offer Gogo's ATG-4 Inflight WiFi Service Fleetwide

New ATG-4 WiFi Brings Increased Bandwidth And Faster Browsing Speeds For Flyers At 35,000 Feet Virgin America has rolled out Gogo's faster ATG-4 WiFi service fleetwide, with the co>[...]

Aero-News: Quote Of The Day (12.22.14)

"It was a long time goal for both sisters to fly together and that dream recently came true. The women recently operated flight 1480 from FLL to DCA making them the first ever sist>[...]

Airborne 12.19.14: Falcon 8X Unveiled, Sportys 172LITE, Bizarre CA AvGas Lawsuit

Also: ANN/Airborne's Crystal Ball, Lear70/75 Mexico Cert, Carnegie Mellon's Lunar Rover, Dragon Delays Dassault Aviation rolled back the curtains earlier this week on the ultra-lon>[...]

Aero-News: Quote Of The Day (12.21.14)

"We have received extremely positive feedback from our Amadeus A-CDM Portal stakeholders. It is easy to use and enables them to make better decisions that contribute to smoother an>[...]

London Gatwick Airport Increases Runway Capacity To 55 Flights Per Hour

Estimates An Additional 2 Million Passengers On A Single Runway Assisted By Amadeus A-CDM Portal London Gatwick Airport (LGW) is the first to implement a cloud-based Airport-Collab>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC