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 Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Airborne-YouTube

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

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

Airborne 12.15.17: New Shepard Flies Again, Falcon 5X Cancelled, Flying Car Race

Also: Online Pilot Records Database, GA Security Bill, $1M 4 ERAU, Blades Aerobatic Team Blue Origin's New Shepard made its seventh test flight Tuesday afternoon at the company's l>[...]

AMA Drone Report 12.14.17: Drone Registry, AMA Q&A, New IDRA Boss

Also: LAFD Drones, Toys For Tots FPV, Modular Racing Drone, Community College Drone Program President Donald Trump has signed the Defense Authorization Bill that includes a reinsta>[...]

Airborne-Unmanned 12.12.17: ERAU Storm Chaser, USMC Drone Insignia, Malawian UAV

Also: NLR Signs Agreement, QinetiQ, Big Bend Community College, 2nd Annual UAS Conference, Tigershark UAS Kicking off a series of tests for its capstone project, the UAV Storm Chas>[...]

Darwin Airlines Faces Bankruptcy

Swiss Regional Carrier Has Been Grounded For Two Weeks Swiss regional carrier Darwin Airlines has finally thrown in the towel and admitted it is facing bankruptcy two weeks after t>[...]

Aero-News: Quote of the Day (12.17.17)

"Bringing ESPRESSO this far has been a great accomplishment, with contributions from an international consortium as well as many different groups within ESO: engineers, astronomers>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC