AirTran Airways Reaches Five-Year Agreement With Teamsters; Contract Covers Airline's Aircraft Mechanics and Inspectors.Business Editors/Travel Writers ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 28, 2000 AirTran Airways (AMEX AMEX See: American Stock Exchange :AAI AAI American Association of Immunologists. ) today announced a new collective bargaining agreement The contractual agreement between an employer and a Labor Union that governs wages, hours, and working conditions for employees and which can be enforced against both the employer and the union for failure to comply with its terms. with the International Brotherhood of Teamsters Teamsters large, powerful union of U. S. truckers. [Am. Hist.: NCE, 2703] See : Labor , Local 528. The five-year contract, which is subject to membership ratification, replaces the existing contract, which becomes amendable on October 1, 2000. The new 60-month contract includes provisions for increased wages, benefits and job security for the airline's aircraft mechanics and inspectors. There are 350 Teamsters' members employed at AirTran Airways. "The Teamsters have supported AirTran Airways during its turnaround, and we are pleased to reach this new agreement in a timely fashion avoiding the long and drawn out negotiation process typical of airline labor negotiations. Our success at AirTran Airways is largely attributable to our crew members, and we recognize the importance of our Teamster-represented aircraft mechanics and inspectors," said Joe Leonard, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AirTran Airways. "The new contract proves that the collective bargaining collective bargaining, in labor relations, procedure whereby an employer or employers agree to discuss the conditions of work by bargaining with representatives of the employees, usually a labor union. process in America works. Our members' contributions to the turnaround at AirTran Airways have been recognized. The new contract provides for the continued growth and security of AirTran Airways, which, in turn, means continued growth and security for our members at the airline," stated Kenneth Hilbish, president of the Atlanta, Georgia, based Teamsters Local 528. Systemwide, AirTran Airways operates 298 daily departures to 32 cities. Offering the convenience of easy, same concourse connections in Atlanta, AirTran Airways operates 137 daily departures from Hartsfield Atlanta International Airport, the world's busiest airport World's busiest airport is a claim that is fiercely fought over by the owners of the world's largest airports. The definition of "busiest" is debated as well, with claims being staked on the basis of aircraft operations, cargo traffic or total passengers. . AirTran Airways provides everyday, affordable air travel throughout the eastern United States, and unlike other airlines, never requires a roundtrip purchase or Saturday night stay. AirTran Airways is the launch customer for the Boeing 717, today's newest, most innovative commercial aircraft. AirTran Airways is a subsidiary of AirTran Holdings, Inc. (AMEX:AAI). For more information and reservations, visit AirTran Airways' Web site at www.airtran.com, call your travel agent or call AirTran Airways at 800-AIRTRAN (800-247-8726) or 770-994-8258 (in Atlanta). |
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