Strike is off!

Old Nov 15, 13, 2:54 am
  #1  
Original Poster
 
Join Date: Feb 2004
Location: Helsinki, Finland
Posts: 2,290
Strike is off!

10:45


Finnair Plc
Company Announcement

Finnair avoids strikes traffic returns to normal within a few days

Finnair Plc. Stock Exchange Release 15 November 2013 at 10.45 a.m. EET





Finnairs employer association PALTA (the Association of Support Service
Industries) and SLSY (The Finnish Flight Attendants Association ) and IAU (The
Finnish Aviation Union) have concluded a new collective labour agreement and
also agreed on the schedule and process of separate, company-specific
negotiations related to Finnairs cost savings. The foreseen strikes are
therefore cancelled and Finnairs traffic will return to normal within a few
days.

The negotiation parties reached an agreement in line with the Finnish
Employment and Growth Pact. Finnair and SLSY will negotiate on reaching the
savings necessary for Finnair during the period from November 25, 2013 to April
28, 2014.If savings targets are met, cabin personnel will be protected from
layoffs for two years. Finnair and IAU have already made much progress in
reaching accompany-specific labour agreement for technical staff, and they will
continue these negotiations. In addition Finnair and IAU continue
company-specific negotiations on labour agreements for ground handling
personnel.

Avoiding the strikes in the final stages of negotiations is excellent news
for our customers, although it is very unfortunate that the strike threats and
the flight cancellations caused by the threats have caused uncertainty and harm
to our passengers, says Finnairs CEO Pekka Vauramo. It is good that we at
Finnair, together with labour unions, are now proceeding with negotiations on
the cost savings that are so important for our airlines future. In our
industry, employment and growth require clear improvements in productivity and
I want to thank SLSY and IAU for committing to this target.

Our cost savings and productivity targets for personnel are unchanged, but
we can reach them through multiple means that are acceptable to all, Vauramo
underlines. Finnair deserves a chance to grow and survive in the tight
international competition, and reaching an agreement on the savings negotiation
process was a critical step forward. We now need to advance rapidly with this
work if we are to continue offering good flight connections from Finland for
Finns and for Finnish business, and to continue offering our European and Asian
customers a high-quality product and competitive long-haul flights.

Finnair targets permanent total savings of 200 million euros compared to its
2010 cost level. The sum includes the additional cost savings program of the 60
million euros announced in October 2012, which consists mainly of staff related
costs. Finnairs target is to reach the savings by the end of 2014.





FINNAIR PLC

Further information:
Finnair Media Desk tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
NASDAQ OMX Helsinki
Principal media



OMXNEWS
Helsinki Flyer is offline  
Old Nov 15, 13, 4:53 am
  #2  
 
Join Date: May 2009
Posts: 765
Great news.
Tonight AMS-HEL and HEL-HKG are both cancelled and I'll be on this flight next Friday. Was already getting a bit worried!
Mrtnw is offline  
Old Nov 15, 13, 12:37 pm
  #3  
FlyerTalk Evangelist
 
Join Date: May 2011
Location: MMX (CPH)
Programs: QR PC Platinum, AY+ Platinum, A3*G, SK EB silver, Nordic Choice Platinum, Liberokerho GOLD, SJ Black
Posts: 11,438
Sadly no. A few minutes after signing the deal, the unions gave new strike warnings, in support of the conflict at LSG sky chefs.
intuition is offline  
Old Nov 15, 13, 12:53 pm
  #4  
 
Join Date: Aug 2010
Location: Seat 1A when possible
Programs: SK EBD/baEC G/MR PP/A3 *G/AA G/CC G/HH G/IHG Spire
Posts: 4,484
Though I am flying (maybe ) AY end of month, I can sympathize with the workers at LSG, its a cold play by MGT to switch the contracts unilaterally like that... Hard ball is played now in finnish labor... Just my 2 cents worth
kauppias is offline  
Old Nov 15, 13, 1:22 pm
  #5  
FlyerTalk Evangelist
 
Join Date: May 2011
Location: MMX (CPH)
Programs: QR PC Platinum, AY+ Platinum, A3*G, SK EB silver, Nordic Choice Platinum, Liberokerho GOLD, SJ Black
Posts: 11,438
I can also sympathize, as a change of collective agreement area is rather earth-shattering - it is more than just minimum wage that can change.

However, it couldn't have been a surprise to anyone. If the company you work for is sold or transferred to another, that solely does catering business, you must expect such changes somewhere down the line.

With the distrustful move by SLSY and IAU today, I'd say unions lost any leeway with management. Hardball indeed, and they asked for it.
intuition is offline  
Old Nov 15, 13, 1:35 pm
  #6  
 
Join Date: Aug 2010
Location: Seat 1A when possible
Programs: SK EBD/baEC G/MR PP/A3 *G/AA G/CC G/HH G/IHG Spire
Posts: 4,484
Its the trend of outsourcing and cost savings, they allways come from the backs of someone, and usually its lowest on the totempole...

Heres to hoping for the best result
kauppias is offline  
Old Nov 15, 13, 1:56 pm
  #7  
 
Join Date: Jul 2007
Programs: AY Gold
Posts: 575
Originally Posted by kauppias View Post
I can sympathize with the workers at LSG, its a cold play by MGT to switch the contracts unilaterally like that
Yes I'm not surprised where we are now, I would be furious as a LSG employee.
German Steffen Rosch from LSG said they find the Finnish negotiation procedure weird, sorry but that's how it goes.

A Finnish paper HS wrote LSG can now try to squeeze a better deal from Finnair...
Andaman is offline  
Old Nov 15, 13, 2:30 pm
  #8  
 
Join Date: Oct 2011
Location: HEL
Posts: 264
All this is very weird.
LSG Finland is fully owned by Finnair, it is a 5 year partnership deal were management and operations is run by LSG, but still AY is the sole owner of the company.... I guess during the 5 yr period LSG could eventually buy AY out of the company, but for now it has not yet happened. One would think AY would have a say on how things are run.
sakari1707 is offline  
Old Nov 16, 13, 12:45 am
  #9  
FlyerTalk Evangelist
 
Join Date: Jan 2008
Location: HEL
Programs: lots of shiny metal cards
Posts: 10,027
Depends on the management contract they have.
WilcoRoger is offline  
Old Nov 16, 13, 2:48 am
  #10  
 
Join Date: Apr 2009
Programs: SK Eurobonus Silver, DL, AA, AY, US
Posts: 599
Originally Posted by WilcoRoger View Post
Depends on the management contract they have.
I suppose the Unions count on that, otherwise their tactic of pressuring Lufthansa (Service GmbH) by shutting down their airline competitor seems kinda weird.

Well... no weirder that shutting down trains and harbors which has also been threatened.
mkgrip is offline  

Thread Tools
Search this Thread
Search Engine: