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Continental's Pilots Ratifed New Contract  
User currently offlineNWAFA From United States of America, joined Dec 2003, 1893 posts, RR: 15
Posted (9 years 7 months 6 days 21 hours ago) and read 4212 times:

SAN FRANCISCO (MarketWatch) - Continental Airlines' pilots on Wednesday announced they have ratified a new 45-month contract with the carrier, a move that will save more than $200 million a year.


The Air Line Pilots Association said that about 93 percent of the eligible members voted, with 58 percent, or 2,139, for the new contract and 42 percent, or 1,525 against. Importantly, if the other unions also voting on new contracts reject new terms, the pilots union can change its stance.

The carrier's mechanics and flight attendants are among the other organized workers whose votes will be tallied Wednesday to see if they want the new cost-cutting contracts.

The pilots contract will save $213 million annually, they said.

Company management and union leadership had earlier reached tentative accords.

The airline this month made clear the stakes of the vote, emphasizing that further cuts and reductions would have been needed if the unions rejected the accord. See full story.

So far this year, Continental (CAL: news, chart, profile) shares are down about 19 percent. They participated in a broad sector rally, however, on Wednesday. See full story.


THANK YOU FOR FLYING NORTHWEST AIRLINES, WE TRULY APPRECIATE YOUR BUSINESS!
30 replies: All unread, showing first 25:
 
User currently offlineNWAFA From United States of America, joined Dec 2003, 1893 posts, RR: 15
Reply 1, posted (9 years 7 months 6 days 21 hours ago) and read 4202 times:

Does the Flight Attendants vote come out today or tomorrow?


THANK YOU FOR FLYING NORTHWEST AIRLINES, WE TRULY APPRECIATE YOUR BUSINESS!
User currently offlineAvek00 From United States of America, joined Oct 2004, 4406 posts, RR: 19
Reply 2, posted (9 years 7 months 6 days 21 hours ago) and read 4191 times:

IINM, all of the vote tallies should be out sometime today.


Live life to the fullest.
User currently offlineEwrw4co From United States of America, joined exactly 10 years ago today! , 48 posts, RR: 0
Reply 3, posted (9 years 7 months 6 days 21 hours ago) and read 4168 times:

Hey,

i didn't get to vote.



Working Hard
User currently offlineEA CO AS From United States of America, joined Nov 2001, 13668 posts, RR: 61
Reply 4, posted (9 years 7 months 6 days 20 hours ago) and read 4103 times:
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According to the various reports I'm reading, the Flight Attendants narrowly passed their contract, the pilots passed theirs, and the mechanics passed by a wide margin.

Congratulations to all CO employees - this is definitely good news, as your company will grow and thrive going forward.



"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan
User currently offlineNWAFA From United States of America, joined Dec 2003, 1893 posts, RR: 15
Reply 5, posted (9 years 7 months 6 days 20 hours ago) and read 4096 times:

What reports are you hearing about the Flight Attendants? Nothing has hit the major wires yet.

Hope the FA's don't approve it.



THANK YOU FOR FLYING NORTHWEST AIRLINES, WE TRULY APPRECIATE YOUR BUSINESS!
User currently offlineA340Spotter From United States of America, joined Jul 2003, 1981 posts, RR: 24
Reply 6, posted (9 years 7 months 6 days 20 hours ago) and read 4074 times:

From the street.com's pilot story, it's been updated for the following:

"The airline's 100 flight dispatchers also ratified a new contract designed to save Continental $736,000 annually, the Transport Workers Union, which represents the dispatchers, confirmed Wednesday."



"Irregardless, it's a Cat III airplane, we don't need an alternate!"
User currently offlineAvek00 From United States of America, joined Oct 2004, 4406 posts, RR: 19
Reply 7, posted (9 years 7 months 6 days 20 hours ago) and read 4054 times:

I had little doubt that the Faithful Workers of the Most Wonderful Continental Airlines would heed the wisdom of Dear Leader Larry Kellner.


Live life to the fullest.
User currently offlineUH60FtRucker From , joined Dec 1969, posts, RR:
Reply 8, posted (9 years 7 months 6 days 20 hours ago) and read 4015 times:

Quoting NWAFA (Reply 5):
Hope the FA's don't approve it.

Just curious to know why you feel that way.  Confused

-UH60


User currently offlineLemurs From United States of America, joined Mar 2005, 1439 posts, RR: 4
Reply 9, posted (9 years 7 months 6 days 18 hours ago) and read 3900 times:

Quoting UH60FtRucker (Reply 8):
Just curious to know why you feel that way

Check some of NWAFA's posts (espc when in close proximity to AnnoyedFA's posts) and you'll see why.

My take: You find disgruntled employees everywhere. Just don't let them skew your view of the entire company, because they're not the only employees there. You have to take the sum of your experiences and work with that.



There are 10 kinds of people in the world; those who understand binary, and those that don't.
User currently offlineANCFlyer From , joined Dec 1969, posts, RR:
Reply 10, posted (9 years 7 months 6 days 18 hours ago) and read 3871 times:

I bet Annoyed FA is spinning right now . . . I pity whomever will be aboard his flights for the foreseeable future . . .

Congratulations Continental Airlines and the employees of this fine (and my favorite) air carrier! What an great step forward. . . . .


User currently offlineNWAFA From United States of America, joined Dec 2003, 1893 posts, RR: 15
Reply 11, posted (9 years 7 months 6 days 18 hours ago) and read 3833 times:

Lemurs

From the looks of it your not even in the business. So until you are then you have no right to even pip up on something you know NOTHING about.

Guess everyone that takes a paycut will have all their bills cut too. Guess the price of everything will come down



THANK YOU FOR FLYING NORTHWEST AIRLINES, WE TRULY APPRECIATE YOUR BUSINESS!
User currently offlineSean-SAN- From United States of America, joined Aug 2002, 770 posts, RR: 1
Reply 12, posted (9 years 7 months 6 days 17 hours ago) and read 3775 times:

CO pilots went from the worst paid (pre- 9/11) to highly paid (post 9/11 pay cuts at all the other airlines)... I wonder where this puts them now? Hope they at least got some stock.

User currently offlineCory6188 From United States of America, joined Feb 2004, 2692 posts, RR: 6
Reply 13, posted (9 years 7 months 6 days 17 hours ago) and read 3766 times:

Oh brother...this will definitely be interesting to see how things pan out...I sincerely hope that AnnoyedFA and his five aliases aren't on my CO flight STT-EWR on Saturday. I will be very curious to see if the F/A's attitudes change at all with the cut in pay - I had a very good experience with the crew on the flight down here...

User currently offlineContinentalcle From United States of America, joined Oct 2000, 127 posts, RR: 0
Reply 14, posted (9 years 7 months 6 days 17 hours ago) and read 3754 times:

Continental pilots approve new contract
By BILL HENSEL JR.
Copyright 2005 Houston Chronicle
Two unions at Continental Airlines said today their members approved new contracts giving the Houston carrier hundreds of millions in cost cuts.

Unions representing pilots and mechanics union announced this afternoon and evening that their members approved wage and benefit concessions Continental has been seeking. ADVERTISEMENT

The pilots union, however, said final acceptance of its agreement hinges on favorable votes other Continental union groups on contracts that also include concessions.

The other groups include flight attendants and dispatchers. All the employee groups finished voting Wednesday afternoon. Additional announcements are expected later today.

Continental set today as the deadline to achieve $500 million in wage and other cuts from employees or it would be forced to make deeper reductions to avoid bankruptcy.

The concessions to come from the unions represent about $330 million of the total. The cuts for non-union employees had been previously detailed.

The pilots union, composed roughly of 4,000 pilots, approved a new contract by a 58 percent-to- 42 percent vote.

"This pilot group has a record of leadership at Continental and again has stepped up to help the company survive by accepting concessions of $213 million annually," Capt. Jay Panarello, head of the airline's pilots union, said in a statement.

"However, any concessions from this pilot group have always been based on the condition that all employee groups share in the cost cuts."

Mechanics and related workers, represented by the Teamsters, voted 72 percent to 28 percent margin to ratify a new agreement. The contract covers about 3,430 workers.

The Teamsters didn't detail how much its employees gave back in cuts, instead emphasizing what it did for workers.

"This contract strengthens workers' positions at Continental Airlines," said Don Treichler, Teamsters Airline Division Director. "This is a difficult time for airlines, but we fought hard to include job protections -- including a no-furlough clause -- that these skilled, hardworking Teamsters deserve."

The contract includes caps on workers' health insurance costs, a clause that prohibits loss of jobs through furloughs and stronger language in the case of bankruptcy.

Left unchanged during negotiations with management were their 401(k) plan, sick leave and vacation time.


User currently offlineCLEfan From United States of America, joined Nov 2001, 299 posts, RR: 1
Reply 15, posted (9 years 7 months 6 days 13 hours ago) and read 3565 times:

Well, it doesn't matter if the pilots passed their TA, because the FA's rejected theirs. And since the pilots agreement hinges on the acceptance of the other groups, its no deal.

I guess you can kiss those 787's good-bye.


User currently offlineA340Spotter From United States of America, joined Jul 2003, 1981 posts, RR: 24
Reply 16, posted (9 years 7 months 6 days 13 hours ago) and read 3549 times:

CLEfan,

Source for the FA rejection???

The same goes for EA CO AS, source for the ratification by a narrow margin?

No news is curious news...

JSD



"Irregardless, it's a Cat III airplane, we don't need an alternate!"
User currently offlineCoa764 From United States of America, joined Feb 2004, 328 posts, RR: 3
Reply 17, posted (9 years 7 months 6 days 13 hours ago) and read 3531 times:

Right off their web site
http://www.iamdl142.org/co3_30_05.htm

[Edited 2005-03-31 08:11:00]


Please oh please Mr Moderator Nazi, dont delete my thread.
User currently offlinePl4nekr4zy From United States of America, joined Aug 2003, 465 posts, RR: 3
Reply 18, posted (9 years 7 months 6 days 13 hours ago) and read 3519 times:

Okay I'm confused. Conflicting reports as to whether or not the FA's passed their new contract...


"Don't forget to bring a towel!"
User currently offlineA340Spotter From United States of America, joined Jul 2003, 1981 posts, RR: 24
Reply 19, posted (9 years 7 months 6 days 12 hours ago) and read 3492 times:

See Coa764s link...that's the answer unfortunately.

JSD



"Irregardless, it's a Cat III airplane, we don't need an alternate!"
User currently offline9844 From United States of America, joined Nov 2001, 199 posts, RR: 0
Reply 20, posted (9 years 7 months 6 days 12 hours ago) and read 3468 times:

I am to understand that the FA's out in AIRMIC will also reject the proposal.

User currently offlineCALMSP From United States of America, joined Aug 2003, 4000 posts, RR: 7
Reply 21, posted (9 years 7 months 6 days 11 hours ago) and read 3440 times:
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NWAFA........coudl you be any more negative....so they turn this down....what do they gain? nothing....now we will come back and ask for more concessions......for all those who voted no.....must not have thought about it to much.....the fa's are not losing that much....


okay, I'm waiting for the rich to spread the wealth around to me. Please mail your checks to my house.
User currently offlineScotron11 From United Kingdom, joined Feb 2004, 1178 posts, RR: 3
Reply 22, posted (9 years 7 months 6 days 11 hours ago) and read 3428 times:

No way would CO walk away from the Boeing deal. Well done CO. Hopefully something with the FA's will be worked out.

Now, when does PEK start? Are they still going to start LOS? (Can someone tell me why they want LOS?)

Cheers!


User currently offlineCALMSP From United States of America, joined Aug 2003, 4000 posts, RR: 7
Reply 23, posted (9 years 7 months 6 days 11 hours ago) and read 3424 times:
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yeah in our press release it states....that we will still take delivery of all aircraft originially planned. which is great.....only thing is now FA's will be required to give more than initially being asked.


okay, I'm waiting for the rich to spread the wealth around to me. Please mail your checks to my house.
User currently offlinePANAM_DC10 From Australia, joined Aug 2000, 4189 posts, RR: 89
Reply 24, posted (9 years 7 months 6 days 10 hours ago) and read 3414 times:
AIRLINERS.NET CREW
COMMUNITY MANAGER

The 787 order and new deliveries of 753s will go ahead. Great news, A U.S. Carrier turning itself around. Good luck to them.

Regards



Ask the impossible to achieve the best possible
25 A340Spotter : Scotron 11, The EWR-PEK service starts June 15th as CO89, departs Noon, arrives at 1345 the following day. Cheers! Jeffrey
26 EA CO AS : Read this passage from the IAM website: The IAM-Continental Airlines tentative agreement has been rejected by a majority of the membership. The reject
27 Avek00 : The malcontent FAs who voted against this deal shall be dealt with decisively by the Dear Leader. Some time in the Houston re-education camps would do
28 IAHTowTeam : EA CO AS....you are right. I am pretty dissapointed in the flight attendant group. It is inevitable they would have to take a cut, they are just delay
29 CALMSP : IAHTowTeam......careful their buddy.....make sure you get your numbers straight...........its 350 bags weighing 100 lbs a piece!!!!!! to LIM!!
30 IAHTowTeam : LOL....yeah...I just meant in 1 bin...most of the time I didn't load both and yes there difinietley were bags heavier than 70lbs. Point being--the fli
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