Fri, Aug 30, 2013
Agreement Protects Employee Benefits And Provides $750 Bonus
Teamsters employed by Air Express International (AEI) have overwhelmingly approved a one-year contract extension that protects health, welfare and pension benefits and provides a $750 bonus. The contract-extension, which covers 800 workers, was approved by a margin of 84-16 percent.
Due to substantial operational changes that are likely coming to the AEI stations later this year, the Teamsters National AEI Negotiating Committee determined that the one-year contract extension was needed to allow more time to investigate and evaluate the company's new business model and its potential impact on workers' jobs. "The Teamsters Union continues to meet with management and we continue to closely monitor the changes being proposed to make sure our members' jobs are protected," said Bill Hamilton, Director of the Teamsters Express Division. "We have requested extensive information from the company and our team of experts continues to diligently investigate all the issues."
In exchange for the union's agreeing to the extension, AEI agreed to maintain participation in all existing health, welfare and pension funds with an increase in the contribution rate of up to $1 per hour effective as soon as payable with a $750 bonus for all employees, including those on layoff list, to be paid within 30 days of ratification of the extension. The ratified extension is effective through March 31, 2014, although the union anticipates reaching a tentative agreement with AEI well in advance of that expiration date.
More News
DETRESFA (Distress Phrase) The code word used to designate an emergency phase wherein there is reasonable certainty that an aircraft and its occupants are threatened by grave and i>[...]
"General aviation is at the forefront of developing and introducing innovative technologies that will transform the entire aviation industry..." Source: Kyle Martin, Vice President>[...]
Direct Straight line flight between two navigational aids, fixes, points, or any combination thereof. When used by pilots in describing off-airway routes, points defining direct ro>[...]
Aero Linx: Women in Corporate Aviation Women in Corporate Aviation support individuals seeking career advancement and professional development in the business aviation industry. Me>[...]
“We would like to thank the many volunteers that help throughout the year to pull off the event, as well as the several reviewers, judges, and SURVICE staff that provide team>[...]