Flight Attendants' Contract Ratified

World Airways received notification on September 2, 2003, that its flight attendants, represented by the International Brotherhood of Teamsters (Local 210), had ratified the contract proposal presented on July 25, 2003. The collective bargaining agreement with the flight attendants became amendable on July 1, 2000. The new amendable date for the agreement will be August 31, 2006. The current agreement includes pay increases and other benefit changes requested by the flight attendants, while remaining supportive of the Company's financial goals.

Hollis Harris, chairman and chief executive officer of World Airways, said, "This agreement is the culmination of diligent efforts on the part of the flight attendants and the Company, and it is positive for both parties. We are very pleased with the outcome. We worked very hard to find work rule changes that would make this a fiscally responsible contract, while still providing our flight attendants with some of the changes they wanted, including pay increases."

He added, "Our employees have demonstrated that they understand the issues facing our industry and have taken a leadership role to position our Company to succeed. I'm pleased that we have now closed the chapter on this matter, and we can put 100-percent of our focus on continuing to build a strong and successful company."

More pilots, too:

The company also announced today that it is preparing to increase its pilot ranks by approximately 10%, in order to meet increased commercial passenger and cargo demand as well as support the continuing high level of military activity.

FMI: www.worldair.com