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NetJets Aviation Pilots Vote to Ratify New Contract.


COLUMBUS, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816.  -- NetJets Aviation (NJA NJA Non-Japan Asia (usually in terms of an economic or trading bloc)
NJA National Jousting Association
NJA NetJets Aviation, Inc.
NJA Nauka Jezyka Angielskiego (Polish: English Language Teaching) 
) today announced that NetJets pilots had accepted the tentative labor agreement signed on October 8, 2005. The agreement, which was endorsed by an overwhelming 84 percent of the pilots, calls for improved wages, job security and increased productivity and details a mutual commitment to a labor partnership that will support NetJets' service commitment to owners.

The International Brotherhood of Teamsters Teamsters

large, powerful union of U. S. truckers. [Am. Hist.: NCE, 2703]

See : Labor
 through the Airline Division, Local 1108 represents NetJets pilots, who number more than 2,000. The ballot produced a record turnout with 91 percent of ballots returned and 1,924 valid votes cast.

"I am delighted that our pilots have endorsed this agreement so enthusiastically," said Bill Boisture, NetJets Aviation president. "It is a fair agreement, it recognizes the important role that our pilots play and positions the company to continue to lead the fractional jet industry in the future. Our owners will continue to receive the finest service from the most qualified flight crews in the industry."

Mr. Boisture was joined by Bill Olsen, a NetJets captain and president of the executive board of Local 1108, to announce the ratification of the new agreement.

Mr. Olsen said, "The new pilot contract has taken what was a flying job and turned it into a career opportunity. I believe the new pilot contract serves the best interests of NetJets owners and customers, shareholders, and pilots.

"We need to maintain a symbiotic symbiotic /sym·bi·ot·ic/ (sim?bi-ot´ik) associated in symbiosis; living together.

sym·bi·ot·ic
adj.
Of, resembling, or relating to symbiosis.
 business relationship where we must always look out for one another's best interests in order for it to succeed."

The contract, which commenced on November 21, 2005 becomes amendable in 2010. The ratification of the pilots' contract follows the completion of a similar agreement between NetJets Aviation and its flight attendants.

NetJets Aviation is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of NetJets Inc. The operations center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center.  is located in Columbus, Ohio. All aircraft offered fractionally in the United States, with the exception of the Gulfstream large cabin and BBJ BBJ Boeing Business Jet
BBJ Bad Beat Jackpot (poker)
BBJ Black Business Journal
BBJ Big Ball Jam (Phish song)
BBJ Big Band Jump (radio station) 
 fleets, are operated by NetJets Aviation.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 22, 2005
Words:328
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