PHI, Inc. Announces Notification from OPEIU (Pilots' Union) of Return to Work Offer.LAFAYETTE, La. -- PHI phi n. Symbol  The 21st letter of the Greek alphabet.PHI, n See health information, protected. , Inc. ("PHI") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PHII) (NASDAQ:PHIIK) today reported receipt of written confirmation from the OPEIU OPEIU Office and Professional Employees International Union (labor union) International's leadership, as PHI had requested, confirming that the pilot strike has ended and the return to work offer was, in fact, 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: and validly ratified rat·i·fy tr.v. rat·i·fied, rat·i·fy·ing, rat·i·fies To approve and give formal sanction to; confirm. See Synonyms at approve. by the union membership. PHI was also advised that the OPEIU International's General Counsel would be coordinating the matter. There are, of course, complex practical and legal issues related to appropriate return to work procedures and requirements that must be considered and resolved before the union's offer can be implemented. PHI Management is in the process of reviewing the details and implications of the union's offer, and will formally respond to the union in due course regarding the commencement of discussions, and acceptable terms and conditions. PHI provides helicopter transportation and related services to a broad range of customers including the oil and gas industry, air medical industry and also provides third-party maintenance services to select customers. PHI Common Stock is traded on The Nasdaq National Market System (symbols PHII and PHIIK). |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion