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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.20.16

Airborne Hi-Def On YouTube

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.20.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on 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.

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

Advertisement

More News

Icon Controversy Continues, But Icon Has Yet To Speak Up

The Company That Won't Answer Questions, May Finally Have To Do So ANN has been bombarded with info and reports concerning the health and well-being of the Icon Aircraft program...>[...]

Airborne 05.24.16: Cessna S/E Turbo-Prop, GE’s H75 Turboprop, Sonex B-Models

Also: B-29 Doc Airworthy, Aero-Calendar, Charles Taylor, Boeing-Vietjet, Flexjet Buy, Indian Mini-Shuttle, 777X Composite Wing Center Textron Aviation has finally revealed further >[...]

AeroSports Update: EAA AirVenture – What To Do…Where To Go?

Make The ‘EAA Four Corners’ Your First Stop At EAA AirVenture Oshkosh 2016 Even for those of us who have attended EAA AirVenture many times, when you first walk onto th>[...]

ANN's Daily Aero-Linx (05.25.16)

The Medallion Foundation The Medallion Foundation, a non-profit aviation safety organization, embraces mentors and advocates for all aspects of aviation: Student pilots to airline >[...]

ANN's Daily Aero-Term (05.25.16): Resolution Advisory

A display indication given to the pilot by the traffic alert and collision avoidance systems (TCAS II) recommending a maneuver to increase vertical separation relative to an intrud>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC