Pilots, Pinnacle Airlines Close In On Labor Agreement | 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 06.29.15

Airborne 06.23.15

Airborne 06.24.15

Airborne 06.25.15

Airborne 06.26.15

Airborne Hi-Def On YouTube

Airborne 06.29.15

Airborne 06.23.15

Airborne 06.24.15

Airborne 06.25.15

Airborne 06.26.15

Tue, Nov 20, 2012

Pilots, Pinnacle Airlines Close In On Labor Agreement

Court Issues Section 1113 Decision Regarding Pilot Cost Savings

Pinnacle Airlines said late last week that, in accordance with Section 1113 of the United States Bankruptcy Code, the United States Bankruptcy Court for the Southern District of New York has issued a ruling providing Pinnacle Airlines and the Air Line Pilots Association (ALPA), the legal representative of the Pinnacle Airlines pilot group, a clear path to a consensual agreement.

The Court noted three "very limited exceptions" that prevented it from granting Pinnacle's motion at this time, characterizing them as "relatively easy to fix." The court concluded that significant modifications to the CBA are needed.

"(The) ruling gives Pinnacle a brief opportunity to reach an agreement that will provide the savings we need," said John Spanjers, president and CEO of Pinnacle Airlines Corp. "Although the Court did not approve our proposed modifications in full, the Court gave the parties a clear road map to arrive at cost savings necessary for Pinnacle to emerge from bankruptcy as a viable, competitive company. We are hopeful that the Court's decision will facilitate a consensual resolution, and we will continue to devote every effort to that goal. Pinnacle continues to face severe financial challenges requiring urgent cost savings, but we now believe there is a path to achieving a competitive cost structure necessary to survive in our challenging industry."

FMI: www.mesaba.com

Advertisement

More News

Airborne 06.29.15: CRS-7 Launch Failure, Gone West: Steve O'Berg, FAA Overhaul

Also: OneWeb Launch Gig, Remove Cat Before Flight, Transport Canada, FAA Safety, UAVs v Whales, Wipline 10000, Helo $$$ Flying into space is a tough business and we are sorry to sa>[...]

Iraqi General Fatally Injured In F-16 Accident

Plane Went Down Last Week In Arizona During Training The government of Iraq has confirmed that Brig General Rafid Mohammed Hassan was fatally injured when the F-16 he was flying du>[...]

AD: Doswiadczalno- Produkcyjne Szybownictwa

AD NUMBER: 2015-13-03 PRODUCT: All Przedsiebiorstwo Doswiadczalno-Produkcyjne Szybownictwa 'PZL-Bielsko' Model SZD-50-3 'Puchacz' sailplanes.>[...]

AeroSports Update: EAA Chapters Chosen To Receive Wings

Five EAA Chapters Have Been Chosen To Receive Wings As Part Of The Give Flight Project At EAA AirVenture This Year This report is all about what EAA calls the Give Flight project t>[...]

ANN's Daily Aero-Linx (06.30.15)

Aerospace Web Aerospaceweb.org is a non-profit site operated by engineers and scientists in the aerospace field. The goal of this site is to provide educational information on a va>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC