Frontier, Teamsters Come To Terms On Wage Concessions | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 09.02.14 ** HD iPad-Friendly -- Airborne 09.02.14 **
** Airborne 08.29.14 ** HD iPad-Friendly -- Airborne 08.29.14 **
** Airborne 08.27.14 ** HD iPad-Friendly -- Airborne 08.27.14 **

Wed, May 28, 2008

Frontier, Teamsters Come To Terms On Wage Concessions

Airline Plans To Review Cuts In September... Assuming It Survives

It's not quite peace in our time, but it's something. On Tuesday, representatives with bankrupt Frontier Airlines and the Teamsters Union announced the two sides reached a tentative agreement on temporary wage concessions, that the airline says it needs in order to survive Chapter 11.

"I am pleased we were able to come to an agreement with the union leadership," said Frontier President and CEO Sean Menke. "In challenging times like these, we need all of our employees supporting us in this process, and this tentative agreement is an important step in that direction."

The agreement -- which must still be approved by 430 Frontier workers represented by the Teamsters -- is a marked departure from the rancor that had stemmed from news Frontier Airlines executives had negotiated severance packages for themselves should the carrier fold, even as they sought after by the carrier's executive staff.

In announcing the deal, however, Teamsters Local 961 president Matthew Fazakas took a more conciliatory tone than his earlier statements, as reported by ANN... and advised Frontier workers to approve the agreement.

"The Teamsters Union and its members are aware of the issues facing Frontier Airlines and the entire Airline industry," said Fazakas. "We understand that in these tough economic times facing the airline industry, all Frontier employees need to contribute to the Company's future success. We are recommending that our members vote to approve the temporary wage-reduction plan. This needs to be a "win-win" situation" for all."

Earlier this month, Menke and other members of the executive management team also agreed to up to 20% in wage and benefits concessions. Frontier plans to reexamine all the employee concessions in September based on the developing financial condition of the company and current economic conditions.

Frontier's other two unions -- the Frontier Airlines Pilots Association (FAPA) and the Transportation Workers Union (TWU) -- ratified agreements for those concessions last week.

FMI: www.frontierairlines.com, www.teamsters.org

Advertisement

More News

Annual Oshkosh 2014 'Best/Worst Of' Award Selection Invites YOUR Participation!

YOU Can Contribute To The Annual List Compiled By The Staff and Readership of the ANN and Aero-TV! E-I-C Note: We're going to start naming names and dropping details THIS week--- t>[...]

Airborne 08.29.14: Google Drone!, Cessna's 10,000th, Bearhawk LODA

Also: Big Boeing Order, Napa Tower Quaked, Landsberg Retires, Galileo Falters Breaking News! Google has unveiled an exciting new UAV project, called Project Wing, which has been un>[...]

Aero-TV: The Tecnam Juggernaut -- SeaSky, P2008, P2010, Trainers, and Astore!

An Impressive Line-Up Continues To Make A Solid Impact On Sport Aviation ANN CEO and Editor-In-Chief, Jim Campbell seized the opportunity to talk with Phil Solomon, the CEO of Tecn>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-17-04 PRODUCT: Certain Bombardier, Inc. Model CL-600-2B19 (Regional Jet Series 100 & 440) airplanes.>[...]

ANN's Daily Aero-Linx (09.02.14)

FAA General Aviation Airports Report Beginning in 2010, the FAA began a national review of the general aviation airports resulting in two reports, General Aviation Airports: A Nati>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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