News Room - ALPA JetBlue pilots shouldnt be in a holding pattern as the merger goes through regulatory scrutiny. See here for a complete list of exchanges and delays. Delta Air Lines pilots, via their union, the Air Line Pilots Association (ALPA), voted to approve a new contract on Wednesday with 34% in raises through 2026. All rights reserved. With nearly 90 percent of eligible pilots casting ballots, 60 percent voted to ratify the agreement. News Room > JetBlue Pilots Announce Intention to Open Contract Negotiations Non-GAAP financial measure; Note A provides a reconciliation of non-GAAP financial measures used in this release and explains the reasons management believes that presentation of these non-GAAP financial measures provide useful information to investors regarding JetBlue's financial condition and results of operations. With a merger pending, the normal slow course of comprehensive Section 6 contract talks would have meant that we were going down a path that would take us years as resources were expended and as the regulatory aspect played out to get the pilots up to date with the industry, said Kenney, a Los Angeles-based A320 captain. LufthansaGroup chief executive Carsten Spohr sees the Rome Fiumicino hub of acquisition target ITA Airways as better positioning it to serve southern hemisphere markets as talks on a deal continue. JetBlue Airways pilots are represented by the Air Line Pilots Association (ALPA) First Collective Bargaining Agreement (CBA) ratified; DOS 08/01/18; 4-year agreement. ALPA-represented JetBlue pilots win 21.5% pay raise with new contract Delta Air Lines pilots have approved a new contract that provides 34 per cent pay increase over a period of four years. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured. The webcast replay and presentation materials will be archived on the companys website. Since the NEA was announced in the summer of 2020, JetBlue pilots have enforced their contract and, when necessary, disputed the Companys ability to enter into this code-share agreement with American Airlines without the consent of the pilots, said Capt. The new contract showcases the bargaining power pilots are enjoying as carriers rush to staff up to keep up with . Asked if the Delta deal influences JetBlue talks, Kenney responded, The Delta agreement in principle does support us in a way that shows where the industry is going for compensation these days. This cooperation bodes well as this pilot group begins negotiations for our second collective bargaining agreement.. ATSG attributed increased revenue to full . That compares to about $330 at Delta, $310 at United, $278 at American and $306 under the Alaska contract. We are not close - Page 2 - Airline Pilot Central Forums If you owe the IRS money and are filing your tax return on April 18, then yes, you should pay your tax bill that same day. JetBlue last year reached a deal to acquire budget carrier Spirit Airlines. The pilots also voted in favor of a Letter of Agreement by 90 percent that provides job protections for Delta pilot jobs against international flying by Deltas partners. Detectives said Saturday that a fight involving three students at a Northern California high school began with an argument outside art class and culminated in a fatal stabbing. Also announced a new agreement with Fidelis New Energy to supply 92 million gallons of sustainable aviation fuel (SAF) over a five-year term with a target start date of 2025, bringing meaningful progress toward our goal to convert 10% of our jet fuel to SAF by 2030. 90 Discovery Irvine, CA 92618. lending@stratus.finance (855) 301-3335. What will it take to Decarbonise Aviation? The Air Line Pilots Association (ALPA), which represents more than 4,600 pilots at JetBlue, said 75% of the pilots voted in favor of ratifying the agreement, which provides for a compensation. 96% of eligible DL pilots voted on the four-year contract, which provides an . While management pursued an acquisition and merger with Spirit Airlines, the pilots pressed for a contract extension to bring them in line with their peers rather than wait for joint collective bargaining agreement negotiations after the acquisition. ALPA represents more than 67,000 pilots that work for 40 airlines in Canada and the USA. Introduced the new TrueBlue loyalty program, bringing added value and new perks to a broad set of customers. Adjusted debt to capitalization ratio is a non-GAAP financial metric which we believe is helpful to investors in assessing the company's overall debt profile. 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. The industry leader for online information for tax, accounting and finance professionals. Should be produced by ALPA National, not from any individual group.. and disseminated to the masses. The pilot group is now in the member ratification process with voting set to close at the end of January, as Air Line Pilot goes to press. JetBlue deal includes a market rate adjustment provision to ensure the pay rates for its pilots align with future contracts at big national carriers. About The Role Our global sales organization (Berlin, Oslo, Paris, Boston, Dallas, Shanghai, Tokyo, Seoul) is expanding rapidly. As Negotiations Continue, JetBlue Pilots Call on Company to Deliver a Now, with contract negotiations ongoing, JetBlue aims to merge with another airline. Delta is the first U.S. carrier to have a breakthrough with its union . Delta and the Air Line Pilots Association (ALPA), a union, have agreed to increase pilots' pay by 34% over four years. JBU - Contract > Press Releases and News There were also 12 meet records set and broken on the girls side, while six records went down in the boys Mar. 420. The new agreement includes a 34 percent increase in pay raises over the life of the contract, as well as improvements to quality of life, vacations, and benefits for Deltas 15,000 pilots. Darren Hartmann. There is no good reason that we cant come to an agreement with our management team before the year is out, continued Kenney. CONTACT: ALPA Media, 703-481-4440 or Media@alpa.org, Air Line Pilots Association, International, 7950 Jones Branch Drive, Suite 400S, McLean, VA 22102 | (703) 689-2270, Contact Us|ALPA Gear| Privacy/Terms| Login Help. Facebook We believe that CASM ex-fuel is useful for investors because it provides investors the ability to measure financial performance excluding items beyond our control, such as fuel costs, which are subject to many economic and political factors, or not related to the generation of an available seat mile, such as operating expense related to certain non-airline businesses. Qt Group hiring Contract Specialist in Espoo, Uusimaa, Finland | LinkedIn This comprehensive new agreement includes over US$7 billion in cumulative increases over four years, said the Air Line Pilots Association ( ALPA) in a statement. 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. An extension would spare management the need for full contract negotiations and allow them to focus on the merger. As 2022 closed, the JetBlue Airways pilots found themselves in a situation no one could have predicted a year ago: seeking a contract extension with a possible merger on the horizon. We believe the impact of these items distort our overall trends and that our metrics are more comparable with the presentation of our results excluding the impact of these items. JetBlue pilots approve contract extension and raises Other Pilots Want Multiple Contract Improvements. Jet Blue Pilots All quotes delayed a minimum of 15 minutes. Other than as required by law, we undertake no obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise. In this aggressive bargaining cycle, pilot unity is more crucial than ever, said Kenney. The Atlanta-based carrier's pilot union, Air Line Pilots Association, International (ALPA . Chris Kenney, chair of the JetBlue unit of ALPA. 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. In all, the agreement is estimated to result in a gain of $675 million over two years for JetBlue pilots. Read more about the contract, here. "We also find it debatable whether its even possible for JetBlue to complete its merger without having a fairly compensated pilot group onboard.". As Negotiations Continue, JetBlue Pilots Call on Company to Deliver a NEW YORK, December 02, 2022--(BUSINESS WIRE)--Today, JetBlue Airways pilots, represented by the Air Line Pilots Association, Intl (ALPA), were approved for a $5 million grant from ALPAs Major Contingency Fund after this weeks round of contract negotiations with management resulted in insufficient progress to yield an agreement acceptable to the pilot group. (American would have gone to $312 under a tentative agreement that Allied Pilots Association has rejected. This contract recognizes the Delta pilots substantial contribution to our companys success. Forward-looking statements involve risks, uncertainties and assumptions, and are based on information currently available to us. Visit ALPA.org or follow us on Twitter @ALPAPilots. NEW YORK, December 02, 2022 -- ( BUSINESS WIRE )--Today, JetBlue Airways pilots, represented by the Air Line Pilots Association, Int'l (ALPA), were approved for a $5 million grant from ALPA's. center. Firm order book has changed to an additional 53 A321 neos, 13 A321LR, 13 A321XLR, and 70 A220s A220-300 Deliveries begin in 2020. The letter noted, however, that Even with a narrow negotiating scope, coming to an agreement takes time. For instance, it said, When issues like early termination clauses are introduced, not by the company, complexity is increased.. News Room. Last round that took 6ish months. In light of these risks and uncertainties, the forward-looking events discussed in this Earnings Release might not occur. The agreement ratified today puts JetBlue pilots in a strong position for future negotiations for either a joint collective bargaining agreement with the pilots at Spirit Airlines or, should the merger fail to conclude, a comprehensive standalone collective bargaining agreement, the union adds. But its not just Delta, he said. Discover something new every day from News, Sports, Finance, Entertainment and more! As there is no cookie-cutter approach to collective bargaining, the Air Line Pilots Association (ALPA) is working to strengthen collaboration among ALPA and non-ALPA pilot groups and develop favorable bargaining patterns across pilot group lines. The pilots are driving for negotiations to conclude before the end of 2022, with the last negotiating session scheduled for December 1314. superduck. https://www.businesswire.com/news/home/20221118005413/en/, Reports: 3 children dead, 2 wounded in attack at Texas home, Kellyanne Conway, George Conway To Divorce After Decadeslong Marriage: Report, School punished teen girl for working out in sports bra in 100-degree Texas heat, ACLU says, U.S. court won't require FAA to make airplane seat size, spacing rules, 'Extremely dangerous': Spike in illegal crossings at Canada-Vermont border has feds sounding alarm, Hugh Grant admits 'terrible' on-set tantrum on Dungeons and Dragons movie, Ronald Reagans son says late president would be embarrassed for GOP because of Kari Lake, Police: Argument preceded fatal California school stabbing, Grizzlies' Dillon Brooks blasts Draymond Green, Warriors: 'I don't like anything to do with them', Texas A&M defeats Alabama 67-61 behind a career high 28 points from Wade Taylor IV, Bulk buying rush at Mannings! Then in April and July, respectively, JetBlue announced plans to acquire Spirit and entered into a merger agreement to combine the two airlines. Delta has about 15,000 pilots. ATLANTA, GAToday, the Delta Master Executive Council (MEC), represented by the Air Line Pilots Association, Intl (ALPA), reported that 78 percent of Delta pilots voted in favor of a new comprehensive working agreement that includes over $7 billion in cumulative increases over four years. Spirit pilots are in line for a 27% economic gain from the agreement, which is retroactive to 1 January 2023. ALPA said the agreement has put JetBlue pilots in a "strong position" for future negotiations. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Pilots at Delta Air Lines have ratified a new contract that includes over $7 billion in cumulative increases in pay and benefits over four years and is widely expected to be a benchmark for contract negotiations at rival carriers. 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. News Room. See year-by-year charts of grievances and contact information. However, with open and accurate information, this pilot group will continue to succeed., Air Line Pilots Association, International, 7950 Jones Branch Drive, Suite 400S, McLean, VA 22102 | (703) 689-2270, Contact Us|ALPA Gear| Privacy/Terms| Login Help.