Terms Of New Piper 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 -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

 Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at www.airborne-live.net

Sun, Jul 03, 2005

Terms Of New Piper Labor Agreement

What It Took To Make A Deal

As ANN reported Saturday, New Piper this week reached an agreement with its machinists on a new contract -- thus averting a possible strike that threatened to wipe out the recent gains made by Piper. The new three-year contract between Piper and its machinists in Vero Beach, FL, which was approved by the rank-and-file on Thursday, looked like this, according to a copy of the pact obtained by the Vero Beach Star-Ledger:

  • Piper absorbs all increases in health care costs for 12-months, although increases in company contributions to employee policies is capped at five-percent on June 1, 2006 and again a year later.
  • Over the next two years, employee raises will be capped at two-percent.
  • Piper won't lock out employees and, during the term of the contract, employees won't strike.
  • Workers get overtime after 40 hours/week. The company can mandate overtime with 24-hours' notice.
  • No changes to the current 401K plan.
  • The contract puts into place a grievance and mediation procedure.
FMI: www.newpiper.com

Advertisement

More News

ANN's Daily Aero-Term (04.25.24): Airport Rotating Beacon

Airport Rotating Beacon A visual NAVAID operated at many airports. At civil airports, alternating white and green flashes indicate the location of the airport. At military airports>[...]

ANN's Daily Aero-Linx (04.25.24)

Aero Linx: Fly for the Culture Fly For the Culture, Inc. is a 501(c)(3) non-profit organization that serves young people interested in pursuing professions in the aviation industry>[...]

Klyde Morris (04.22.24)

Klyde Is Having Some Issues Comprehending The Fed's Priorities FMI: www.klydemorris.com>[...]

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]

Airborne 04.22.24: Rotor X Worsens, Airport Fees 4 FNB?, USMC Drone Pilot

Also: EP Systems' Battery, Boeing SAF, Repeat TBM 960 Order, Japan Coast Guard H225 Buy Despite nearly 100 complaints totaling millions of dollars of potential fraud, combined with>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 04.26.24: Beta Alia 250, SPEEA v Boeing, Anti-Av Climate Attacks

Airborne-Flight Training 04.25.24: eDA40 Progress, LIFT-Tuskegee, U of OK

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC