CLTFlyer
Dec 23, 04, 12:04 pm
Interesting - the vote was 60% for, 40% against.
Agents Approve Contract at US Airways
Thursday December 23, 12:49 pm ET
WASHINGTON, Dec. 23 /PRNewswire/ -- US Airways passenger service agents, members of the Communications Workers of America, have ratified changes to their contract with US Airways to help the troubled airline as it seeks to emerge from bankruptcy.
The settlement was approved by a 60 percent vote in an Internet and telephone ratification process under the aegis of the American Arbitration Association. The contract, covering about 6,000 active agents, is amendable beginning Jan. 1, 2012.
The bargaining committee of local union presidents recommended approval of the settlement, given the carrier's bankruptcy status and the past decision of the bankruptcy judge to allow US Airways to temporarily cut workers' wages by 21 percent and implement further benefit cuts while negotiations continued. Those cuts will end as the new ratified agreement takes effect on Jan. 1.
This agreement reduces average wages by 12.9 percent, a huge improvement over the 34 percent wage cut US Airways management was demanding in earlier bargaining. Full details are available at http://www.cwa.net.
http://biz.yahoo.com/prnews/041223/dcth020_1.html
Agents Approve Contract at US Airways
Thursday December 23, 12:49 pm ET
WASHINGTON, Dec. 23 /PRNewswire/ -- US Airways passenger service agents, members of the Communications Workers of America, have ratified changes to their contract with US Airways to help the troubled airline as it seeks to emerge from bankruptcy.
The settlement was approved by a 60 percent vote in an Internet and telephone ratification process under the aegis of the American Arbitration Association. The contract, covering about 6,000 active agents, is amendable beginning Jan. 1, 2012.
The bargaining committee of local union presidents recommended approval of the settlement, given the carrier's bankruptcy status and the past decision of the bankruptcy judge to allow US Airways to temporarily cut workers' wages by 21 percent and implement further benefit cuts while negotiations continued. Those cuts will end as the new ratified agreement takes effect on Jan. 1.
This agreement reduces average wages by 12.9 percent, a huge improvement over the 34 percent wage cut US Airways management was demanding in earlier bargaining. Full details are available at http://www.cwa.net.
http://biz.yahoo.com/prnews/041223/dcth020_1.html