Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Judge OKs Pay Plan For Mesaba Executives  
User currently offlineLUVRSW From United States of America, joined Aug 2005, 498 posts, RR: 1
Posted (8 years 6 months 3 days 14 hours ago) and read 2241 times:

http://www.twincities.com/mld/twincities/business/13703433.htm


The judge overseeing Eagan-based Mesaba Aviation's bankruptcy has ruled it can continue incentive and severance plans that could be worth a few million dollars to its executives. The pilots' union had protested the move as unfair at a time when other workers were being tapped for pay cuts. The plan places a $2 million cap on executive severance plan payments. He indicated it could be raised in the event of broad layoffs. Severance benefits for officers will be limited to one month's salary per month served, up to a maximum of one year's salary.

1 replies: All unread, jump to last
 
User currently offlineLUVRSW From United States of America, joined Aug 2005, 498 posts, RR: 1
Reply 1, posted (8 years 6 months 3 days 10 hours ago) and read 2206 times:

http://memphis.bizjournals.com/memph...006/01/23/daily26.html?jst=b_ln_hl

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Sympathy Strikes For Mesaba Employees posted Wed Oct 25 2006 14:18:02 by MSPGUY
Tempers And Time Short For Mesaba posted Wed Oct 11 2006 19:32:41 by KarlB737
Judge OKs 2 More Northwest Labor Deals posted Wed Jul 26 2006 20:09:11 by KarlB737
Contingency Plan For Varig posted Tue Jun 27 2006 18:51:45 by AwysBSB
Qantas Airways Has Back-up Plan For Code-share posted Tue Jun 20 2006 01:32:44 by Zkojh
Brazil Judge OKs Sale Of Varig With Conditions posted Mon Jun 12 2006 23:37:35 by LawnDart
No Deal Reached For Mesaba--Court Is In Session posted Thu May 18 2006 22:12:51 by LUVRSW
Do Airports Pay Up For ATC Errors? posted Sun Apr 23 2006 22:37:55 by Boysteve
CRW Airport Turns Down Plan For Direct-CRW To MYR posted Fri Mar 17 2006 23:17:02 by KarlB737
Judge Gives 6 PM. Deadline For NWA, Pilots posted Thu Mar 2 2006 20:17:36 by KarlB737