Republic Airways, TWU Local 540 Dispatchers Reach Tentative Contract Agreement
INDIANAPOLIS--(BUSINESS WIRE)-- Republic Airways Holdings Inc. (NAS: RJET) today announced that it has reached a tentative agreement (TA) on a new five-year contract with the Transportation Workers Union (TWU) Local 540 Dispatchers. Local 540 represents the nearly 90 dispatchers of Chautauqua Airlines, Republic Airlines and Shuttle America.
The proposed contract includes increases in pay and work rule improvements. The TA still must be presented to union members for review and a ratification vote, which is expected to be held in July.
"We are pleased to have reached an agreement that recognizes the many contributions of our Flight Dispatchers. It provides the economics that allow the Company to remain competitive in recruiting outstanding employees as we grow our airline and maintains our competitive position as we pursue additional business opportunities," said Republic Executive Vice President and Chief Operating Officer Wayne Heller.
"This TA reflects the hard work and cooperation of our local negotiating committees and of the TWU national organization," said Heller. "We thank the TWU for their diligent pursuit of obtaining an agreement in support of their membership and our airlines."
Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airlines and Shuttle America, collectively "the airlines." The airlines operate a combined fleet of more than 285 aircraft and offer scheduled passenger service on nearly 1,500 flights daily to over 146 cities in the U.S. as well as to the Bahamas, Canada, Costa Rica, Dominican Republic, Jamaica, Mexico and Turks and Caicos Islands under branded operations at Frontier, and through fixed-fee flights operated under airline partner brands, including AmericanConnection, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 10,000 aviation professionals. For more information on Republic Airways, please visit our website at www.rjet.com.
Republic Airways Holdings
Peter Kowalchuk, 317-471-2470
KEYWORDS: United States North America Indiana
The article Republic Airways, TWU Local 540 Dispatchers Reach Tentative Contract Agreement originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.