Bell-Textron, UAW Reach Critical Contract Deal | 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 08.29.16

Airborne 08.30.16

Airborne 08.31.16

Airborne 08.25.16

Airborne 08.26.16

Airborne Hi-Def On YouTube

Airborne 08.29.16

Airborne 08.30.16

Airborne 08.31.16

Airborne 08.25.16

Airborne 08.26.16

Tweet Us The Coolest Things You See @OSH16!
#OSH16Coolest!

It's Alive!: AirVenture 2016 Innovation Preview on Vimeo!

It's Alive!: AirVenture 2016 Innovation Preview on YouTube!

 

Mon, Jun 16, 2003

Bell-Textron, UAW Reach Critical Contract Deal

Bonuses, Pension Improvements, V-22 All On Table

Bell Helicopter Textron Inc production and maintenance workers, members of the United Aerospace Workers Local 218, agreed Sunday to accept a new three year contract with the company. Union officials notified Bell of the acceptance vote at approximately 4:00 p.m. CDT.

Bell's Executive Vice President of Administration, P.D. Shabay, congratulated union members on their new contract.  "Working together as partners we look forward to going into full rate production on the V-22 Osprey and the H-1 Helicopter Upgrade programs," Shabay added. Donald White, Chairman of UAW, Local 218 said, "This was a very difficult negotiation, but we are all pleased with the results and look forward to creating value for our customers."

The contract calls for a ratification bonus of $1,700 to be paid  on June 26, 2003.  A general increase of 2% will be granted on June 13, 2005. Cost-of-living adjustments will be granted quarterly based on changes in the three-month average of the consumer Price Index for Urban Wage Earners and Clerical Workers. Group insurance, life insurance, accidental death and dismemberment, accident and sickness weekly benefit and health care benefits will have minor changes from those specified in the previous contract. The basic monthly pension rate of the basic pension formula for employees retiring on or after September 1, 2003, under the Early or Normal Retirement provisions of the Plan, increased to $51.00 (currently $46.00) per year of credited service. The Agreement also calls for Bell to become a smoke free facility on January 1, 2004.

Bell and the UAW also signed an Employee Involvement agreement in which they agree to work together to deliver to their customers the highest quality and best value products and services in the industry. The contract affects approximately 1900 Bell employees. Three smaller locals, representing the security force, some administrative workers and some engineering personnel, will renegotiate their existing contracts with Bell over the next two months.


FMI: www.bellhelicopter.textron.com

Advertisement

More News

Airborne 08.30.16: Commercial UAS Takes-Off, SWA Engine Failure, MH370 Debris

Also: Humans-To-Mars, Burgess-Wright Model-F, Aero-Calendar, Sport CFI NPRM, Air Safety Forum, Stemme Tragedy, PowerEgg As we reported in our Monday edition of Airborne Unlimited, >[...]

Airborne 08.29.16: sUAS Rules Get REAL, Pilots To The Rescue, ISS Update

Also: AA MD-80s, A320 Birdstrike, SWA Picketed, Randy Babbitt, STEREO Mission, Prince Harry v Poachers, ANA Dreamliners August 29 is a big day as it relates to recreational and non>[...]

Airborne 08.30.16: Commercial UAS Takes-Off, SWA Engine Failure, MH370 Debris

Also: Humans-To-Mars, Burgess-Wright Model-F, Aero-Calendar, Sport CFI NPRM, Air Safety Forum, Stemme Tragedy, PowerEgg As we reported in our Monday edition of Airborne Unlimited, >[...]

ANN's Daily Aero-Linx (08.31.16)

General Aviation ADS-B Rebate Program Latest updates from the FAA concerning its efforts to help pilots meet the 2020 deadline for ADS-B Out equipage.>[...]

AD: RUAG Aerospace Services GmbH Airplanes

AD NUMBER: 2016-17-05 PRODUCT: RUAG Aerospace Services GmbH Models 228-100, 228-101, 228-200, 228-201, 228-202, and 228-212 airplanes.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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