ha763
Posts: 3174
Joined: Mon Jan 06, 2003 5:36 pm

Aloha Asks For More Concessions

Sat Dec 18, 2004 10:08 am

After laying off 12 top managers and freezing 35 open management positions, Aloha is asking clerical and ramp employees for more concessions. Aloha would like these employees to:

-Make a temporary, 3 year 10% wage cut permanent (which was agreed upon so that AQ could get their loan guaranteed approval by the ATSB)
-Another 10% wage cut in addition to the previous 10%
-Take back a 2% increase that went into effect Dec 1
-Pay 25% of their medical/dental premiums (employees currently pay nothing)
-Change overtime rules, including eliminating double time
-Reduce vacation and holidays
-Eliminate all contract grievances
-Extend the contract till April 2009

It is expected that all employee groups will be asked to take the same concessions. Aloha also announced a 4th straight quarterly loss of $6 million for the 3rd quarter.

http://www.khon2.com/khon/displayStory.cfm?storyID=2526
http://the.honoluluadvertiser.com/article/2004/Dec/17/bz/bz06p.html
http://starbulletin.com/2004/12/17/business/index3.html
 
RNOcommctr
Posts: 774
Joined: Tue Jan 16, 2001 12:26 pm

RE: Aloha Asks For More Concessions

Sun Dec 19, 2004 4:23 am

Makes me wonder why they just added two flights from RNO if they are having such problems... don't think they were re-deployments from other markets, as far as I know.
Active loading only, ma'am, keep it moving!
 
ha763
Posts: 3174
Joined: Mon Jan 06, 2003 5:36 pm

RE: Aloha Asks For More Concessions

Sun Dec 19, 2004 10:00 am

AQ has cut Rarotonga, American Samoa, and Majuro from their network. Also, flying transpac to the mainland is more profitable for AQ.
 
User avatar
aloha73g
Posts: 1862
Joined: Mon Jul 07, 2003 6:30 pm

RE: Aloha Asks For More Concessions

Sun Dec 19, 2004 11:30 am

They are the only airline serving Reno-SoCal markets nonstop and have become quite popular with Reno business people. They serve RNO-SNA/SAN/BUR in the AM and SAN/BUR/SNA-RNO in the PM.

Reno is gonna look mighty good with 3 Aloha 73G's spending the night each night  Smile/happy/getting dizzy

-Aloha!
Aloha Airlines - The Spirit Moves Us. Gone but NEVER Forgotten. Aloha, A Hui Hou!
 
CO737800
Posts: 514
Joined: Tue Dec 30, 2003 6:53 am

RE: Aloha Asks For More Concessions

Sun Dec 19, 2004 12:17 pm

How is the Yvr run doing?

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