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Tel: +1 718 709 2202 However, neither side is disclosing any details about the proposed terms of the deal, as it. vagabond. Special items for 2019 include costs related to our Embraer E190 fleet transition and the implementation of our ALPA collective bargaining agreement. JetBlue Announces Fourth Quarter 2022 Results. Delta pilots approve new contract | News | Flight Global EDGE: A new global force in aerospace and defence, FlightGlobal Guide to Business Aviation Training and Safety 2021, Airline Business special: CEOs to watch in 2021, JetBlue posts $24m profit in Q4 as travel spending outruns costs, Spirit pilots approve new two-year deal with $463m pay gain, JetBlue CEO Robin Hayes gets two-year contract extension, Lufthansa take cautious view on capacity as constraints remain, Lufthansa highlights southern hub role as ITA talks continue, Australias competition watchdog proposes to re-allow Jetstar co-operation. In October, JetBlue and Spirit agreed to merge. You should understand that many important factors, in addition to those discussed in this Earnings Release, could cause our results to differ materially from those expressed in the forward-looking statements. Stay connected with ALPAFacebook Twitter Flickr YouTube LinkedIn Instagram, View source version on businesswire.com: https://www.businesswire.com/news/home/20221118005413/en/, ALPA Media, 703-481-4440 or Media@alpa.org. Visit ALPA.org or follow us on Twitter @ALPAPilots. In July, JetBlue agreed to buy Spirit Airlines (SAVE.N) in a $3.8 billion deal, which is expected to close no later than the first half of 2024. DALLAS On Wednesday, the Air Line Pilots Association (ALPA), which represents the more than 15,000 pilots at Atlanta-based Delta Air Lines (DL), announced that 78% of the pilots who voted had overwhelmingly approved a new agreement with up to 34% pay increases. NEW YORK, November 18, 2022--(BUSINESS WIRE)--JetBlue Airways pilots, represented by the Air Line Pilots Association, Intl (ALPA), met with JetBlue management this week in effort to reach a short-term contract extension with economic improvements. By Howard Hardee2023-01-31T18:37:00+00:00. In a midnight session on December 15, the JetBlue Master Executive Council (MEC) Negotiating Committee reached a tentative agreement with the company for a two-year contract extension that would provide economic improvements aligned with a rapidly rising market. Delta pilots ratify new contract, raise 'the bar' for rival airlines As Negotiations Continue, JetBlue Pilots Call on Company to Deliver a Said Scales, We intend to use that at strategically appropriate times to execute traditional union tactics billboard, digital advertising, informational picketing to create pressure on management to deliver the contract the pilots have earned., This is a BETA experience. JetBlue - ALPA - Air Line Pilots Association, International JetBlue said Tuesday it is committed to pay raises for pilots. Options for another 60 A220-300 The industry leader for online information for tax, accounting and finance professionals. With respect to JetBlues CASM ex-fuel guidance, JetBlue is unable to provide a reconciliation of the non-GAAP financial measure to GAAP because the excluded items have not yet occurred and cannot be reasonably predicted. JetBlue. The Pilot-to-Pilot and Communications Committees engaged in pilot outreach and communicating the most accurate information. ATSG attributed increased revenue to full . Union Talk. The new 747-8 jumbo jet: Up close and inside. Opinions expressed by Forbes Contributors are their own. In an effort to reach an agreement before the end of 2022, the pilots attempted to ease the negotiating process by setting aside difficult work-rule and other contract issues, instead focusing only on economic items. Our Standards: The Thomson Reuters Trust Principles. We believe this non-GAAP measure is more indicative of our ability to manage airline costs and is more comparable to measures reported by other major airlines. Continued to lead the industry in sustainability. Lufthansa Group continues to be wary of growth constraints from wider supply chain challenges this year as it expects capacity to climb to between 85-90% of pre-pandemic levels. Meet, Share Interests and Get Closer to Attractive Women. As Negotiations Continue, JetBlue Pilots Call on Company to Deliver a JetBlue has 2,529 pilots. (American would have gone to $312 under a tentative agreement that Allied Pilots Association has rejected. As our company looks to merge with another airline, its more important than ever that our pilots demonstrate the unity that brought ALPA to our property just nine years ago and achieved our first contract in 2018, Kenney remarked. The committee held numerous pilot unity building (PUB) events after Local Executive Council (LEC) and MEC meetings and after bargaining sessions so that pilots could ask questions directly to the MEC and the Negotiating Committee. A live broadcast of the conference call will also be available via the internet at http://investor.jetblue.com. Delta Pilots Approve New Contract With Big Raises by Wide Margin ir@jetblue.com, JetBlue Corporate Communications An extension would spare management the need for full contract negotiations and allow them to focus on the merger. Should be produced by ALPA National, not from any individual group.. and disseminated to the masses. If the merger with Spirit receives regulatory approval, JetBlue would become the fifth-largest passenger airline in the U.S. For the pilots, ALPA policy will guide them through the process of negotiating a joint collective bargaining agreement and integrating seniority lists. Forward-looking statements involve risks, uncertainties and assumptions, and are based on information currently available to us. As Contract Negotiations Slow, JetBlue Pilots Are Bolstered with $5 Non-GAAP financial measures are financial measures that are derived from the consolidated financial statements, but that are not presented in accordance with generally accepted accounting principles in the United States, or GAAP. While Spirit's shareholders have approved the merger, the fate of the deal hinges on securing regulatory approvals. ALPA-represented JetBlue pilots win 21.5% pay raise with new contract Fuel price in the fourth quarter of 2022 of $3.70 per gallon, including hedges. ALPA National PPS: 309-PPS-ALPA (309-777-2572) Delta PAN: 800-673-7150. ADVANCING AVIATION SAFETY AND SECURITY SINCE 1931, Laser Illumination Reporting & Mitigation. JetBlue Airways pilots, represented by the Air Line Pilots Association, Int'l (ALPA), were approved for a $5 million grant from ALPA's Major Contingency Fund after this week's round of contract negotiations with management resulted in insufficient progress to yield an agreement acceptable to the pilot group. You must click the activation link in order to complete your subscription. 03 . iAero - ALPA Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. JetBlue pilots approve two-year contract extension - union Delta pilots ratify new contract - union | National Post As the efforts of the Negotiating Committee ramped up, the MEC also reactivated the Strategic Preparedness and Strike Committee to support this work. ATLANTA (AP) Pilots at Delta Air Lines easily approved a new contract that will raise their pay by more than 30% over four years and likely lead to similar agreements covering union pilots at other major U.S. airlines. The TA has been ratified. Discover something new every day from News, Sports, Finance, Entertainment and more! We have a long road ahead of us with a variety of potential stumbling blocks. Air Line Pilots Association, International JETBLUE PILOT CONTRACT COMPARISON JETBLUE PILOT CONTRACT COMPARISON Synopsis of Pay Rates, Work Rules, and Benefits for: Alaska Delta pilots ratify new contract, raise 'the bar' for rival airlines ADVANCING AVIATION SAFETY AND SECURITY SINCE 1931, Laser Illumination Reporting & Mitigation. In a midnight session on December 15, the JetBlue Master Executive Council (MEC) Negotiating Committee reached a tentative agreement with the company for a two-year contract extension that would provide economic improvements aligned with a rapidly rising market. Catch-up on the latest press releases and news articles from JetBlue ALPA or ALPA National directly from this page. However, new pilots arent the only way that JetBlue is growing. American Airlines and its flight attendants union on Friday jointly applied for federal mediation in contract negotiations. On Friday, both JetBlue and ALPA confirmed that the two sides had reached an agreement in principle. We will now focus our efforts on ensuring all provisions are implemented and enforced, said Capt. The Air Line Pilots Association, International (ALPA) is the largest airline pilot union in the world and represents more than 67,000 pilots at 39 U.S. and Canadian airlines. Pilots at JetBlue have approved a two-year contract extension that will trigger some cost inflation for the airline in 2023. Delta and the Air Line Pilots Association (ALPA), a union, have agreed to increase pilots' pay by 34% over four years. All rights reserved. Founded in 1931, ALPA is the largest airline pilot union in the world and represents more than 62,000 pilots at 38 U.S. and Canadian airlines. A preliminary agreement on the same had been reached in December between Delta and the pilots' union. Introduced the new TrueBlue loyalty program, bringing added value and new perks to a broad set of customers. The pilot group has also been growing at a rapid pace. The pilots are driving for negotiations to conclude before the end of 2022, with the last negotiating session scheduled for December 1314. Despite a two-year delay in negotiations due to COVID, we never lost sight of our goal to obtain significant across-the-board enhancements to our pilot working agreement. In addition to several highly successful informational picketing events in the spring and summer of 2022, 99 percent of voting pilots approved to authorize a strike, if needed, in October 2022. JetBlue Pilots to Vote on 2-Year Contract Extension, Union Says Delta pilots lock down a new contract and 34% pay raise as a major This grant creates a "war chest" that can be used for events, informational picketing, advertising, and other prominent media activities to highlight the need for a new pilot contract.