Company Watch - Northwest Airlines.Northwest Airlines
Agreement allows Northwest to fly more small jets. Northwest Airlines could nearly triple the number of small jets it flies under a tentative agreement reached with its pilots union. The agreement would also allow Northwest to form a subsidiary; pilots working for the subsidiary would fly some of the planes. Mar 9, 2006
Some Northwest workers reject contract proposal. Northwest Airlines' baggage handlers In the airline industry, a baggage handler is a person who loads and unloads baggage (suitcases or luggage), and other cargo (airfreight, mail, counter-to-counter packages) for transport via aircraft. rejected a proposed pay cut and authorized au·thor·ize
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.
2. To give permission for; sanction: a strike on Tuesday. The company will ask a bankruptcy court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. to reject the current contract with the workers. Customer service agents approved a similar contract Tuesday. Mar 8, 2006
Northwest pilots would take large pay cut under deal. Northwest Airlines worked out a tentative agreement with its pilots that includes a pay cut of 24% and flying more hours. Northwest says it needs the cuts to emerge from bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most protection. The agreement still needs approval from rank-and-file pilots. Mar 7, 2006
Northwest, pilot negotiators agree on $358 million in givebacks Givebacks is a union term for the reduction or elimination of previously won benefits. . Northwest Airlines and negotiators for its pilots union reached a tentative agreement on a new contract Friday afternoon, postponing the near-term possibility that the US Bankruptcy Court will impose a settlement, potentially leading to a walkout by the pilots. Mar 6, 2006
Northwest, pilots reach tentative agreement. Northwest Airlines and its pilots union reached a tentative contract agreement Friday. Terms were not disclosed, but the airline said the deal includes the $358 million in annual savings it was seeking. The agreement needs approval from rank-and-file pilots. Pilots drive a hard bargain for bankrupt BANKRUPT. A person who has done, or suffered some act to be done, which is by law declared an act of bankruptcy; in such case he may be declared a bankrupt.
2. It is proper to notice that there is much difference between a bankrupt and an insolvent. carriers: Bankrupt airlines have asked employee groups to take pay cuts as they struggle to reorganize re·or·gan·ize
v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es
To organize again or anew.
To undergo or effect changes in organization. their finances. Pilots are usually the last holdouts in union negotiations. The national pilots union has proven to be a tough and sophisticated negotiator, observers say. Mar 6, 2006
WorldPerks members can earn up to 100,000 bonus miles through May 31, by completing selected transactions with Northwest and WorldPerks partners. Points are awarded for various activities, which can then be converted into miles. A nonstop HP's brand name for its fault-tolerant servers, which range in size from four CPUs to 4,000 CPUs. The NonStop line was created by Tandem Computers, which was acquired by Compaq, which later became part of HP. flight on an unrestricted ticket, for example, earns 60 points. Online bookings or check-in net 10 points. Stays at WorldPerks hotels or rentals at car partners earn five points each. Conversions range from 500 miles for between one and 19 points to 100,000 miles for 2,500 or more points. The three top points earners from each WorldPerks tier (non-elites and three elite levels) will receive additional prizes, ranging from bonus miles to free trips. Registration is required. Promotion details are at http://www.nwa.com/offers/dash/ Mar 8, 2006