NWA Makes Bold Promise To Stockholders | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-12.01.25

AirborneNextGen-
12.02.25

Airborne-Unlimited-11.19.25

Airborne-AffordableFlyers-11.20.25

AirborneUnlimited-11.21.25

LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Tue, Oct 04, 2005

NWA Makes Bold Promise To Stockholders

Pledge Foretells Big Cuts In Workforce

It was designed as a briefing for stockholders, but it's a chilling look into the future for Northwest Airlines workers. Now in bankruptcy, the airline Friday revealed its plans to restructure -- including 2,644 layoffs and the desire to obtain from labor another $195 million in pay and benefit concessions.

Northwest Airlines is making ready for what it sees as war -- a battle between low-cost carriers, not just for control of the commercial aviation market, but for survival.

If the plan presented in New York on Friday survives, Northwest will outsource much of its international traffic to foreign carriers. It may start a regional airline and plans to cut salaries even more than it has to this point. For instance, according to the Minneapolis Star-Tribune, the carrier would chop a flight attendant's salary 20-percent just to keep afloat.

Northwest flight crews, who've already taken a huge cut in pay, aren't willing to stand by idly and let this happen.

"We're not willing to let them outsource a bunch of jobs to regional carriers," union leader Mark McClain told the Star-Tribune last week. "That is flying Northwest pilots should do."

Still, there is talk that Northwest will ground many of the aircraft it leases to regional partners like Mesaba and Pinnacle, prompting a warning from union leaders: "An attempt by management to rush this complex issue to completion through the Chapter 11 process may lead to a major confrontation with this pilot group."

FMI: www.nwa.com

Advertisement

More News

ANN's Daily Aero-Term (12.01.25): Convective SIGMET

Convective SIGMET A weather advisory concerning convective weather significant to the safety of all aircraft. Convective SIGMETs are issued for tornadoes, lines of thunderstorms, e>[...]

ANN's Daily Aero-Linx (12.01.25)

Aero Linx: United Flying Octogenarians WELCOME to a most extraordinary group of aviators, the United Flying Octogenarians (UFO). Founded in 1982 with just a handful of pilots, we h>[...]

NTSB Final Report: Remos Aircraft GmbH Remos GX

Pilot’s Decision To Attempt Takeoff With Frost Covering The Airplane’s Wings Analysis: The pilot of the light sport airplane was preparing to depart for a cross-country>[...]

Aero-News: Quote of the Day (12.02.25)

“We’ve paid for the cable line’s repair for the customer and have apologized for the inconvenience this caused them...” Source: Some followup info from an A>[...]

ANN's Daily Aero-Term (12.02.25): Coupled Approach

Coupled Approach An instrument approach performed by the aircraft autopilot, and/or visually depicted on the flight director, which is receiving position information and/or steerin>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC