Did OM's respite cause current Board Takeover
#221
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Of course they "ignore ALPA" because they (Jet Blue) have no history with the Union. At UAL there is a deep history ranging from strikes, ESOP, slow downs, training and support, merger contract, ISL and much more. By default ALPA at UAL fills many roles United Management would have to hire a huge staff for and basically all it costs is the threat of a strike.
#222
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'The shareholders'? No, a few institutional investors if they can sway others can negotiate an agreement with management on the slate of directors put forward and changes to corporate governance like an independent Chairman. That is where the control is not at the annual shareholders meeting/vote. You don't have a clue. It was JS and his supporters like Buffoon who put United in this position, a position that these hedge funds approved of. They want their control over the UCH cash flow back. We'll see how successful they were when we see the details of the deal they have reportedly cut with UCH management and the current BOD.
#223
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'The shareholders'? No, a few institutional investors if they can sway others can negotiate an agreement with management on the slate of directors put forward and changes to corporate governance like an independent Chairman. That is where the control is not at the annual shareholders meeting/vote.
You're starting to sound like a liberal arts student getting his business knowledge from A Wikipedia example.
You don't have a clue. It was JS and his supporters like Buffoon who put United in this position, a position that these hedge funds approved of.
You're saying that OM could do nothing even though he has full support of the current board. I kinda thought he was just a cheerleader for the troops and now, you prove it with your vast business knowledge and explanations. Didn't GB also say he supported OM?
They want their control over the UCH cash flow back. Yes or this would all be academic.
We'll see how successful they were when we see the details of the deal they have reportedly cut with UCH management and the current BOD.
You're starting to sound like a liberal arts student getting his business knowledge from A Wikipedia example.
You don't have a clue. It was JS and his supporters like Buffoon who put United in this position, a position that these hedge funds approved of.
You're saying that OM could do nothing even though he has full support of the current board. I kinda thought he was just a cheerleader for the troops and now, you prove it with your vast business knowledge and explanations. Didn't GB also say he supported OM?
They want their control over the UCH cash flow back. Yes or this would all be academic.
We'll see how successful they were when we see the details of the deal they have reportedly cut with UCH management and the current BOD.
#224
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Posts: 1,785
#225
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Posts: 846
Is that a slight toward Supreme Leader Number 1?
Where's the Love - Oscar is going to have a 'broken heart'
Music - right?
http://www.chicagobusiness.com/artic...on-deal-report
Flytolive - Read the last paragraph very slowly a couple of times.
Where's the Love - Oscar is going to have a 'broken heart'
Music - right?
http://www.chicagobusiness.com/artic...on-deal-report
Flytolive - Read the last paragraph very slowly a couple of times.
Last edited by AllenAllert; 04-13-2016 at 06:03 AM.
#226
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#228
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Posts: 1,785
IAM Members at United Overwhelmingly Ratify New Contracts
April 16, 2016
The International Association of Machinists and Aerospace Workers (IAM) today announced that approximately 30,000 workers at United Airlines overwhelmingly ratified seven con- tracts in the Fleet Service, Passenger Service, Storekeeper, Maintenance Instructor, Fleet Technical Instructor and Related and Security Officer classifications.
The five-year accords run through 2021 and provide industry-best wages, work protections and retirement security, among other improvements.
“IAM members at United Airlines can be proud of these agreements as they provide the pay, job protections and retirement security that IAM-United workers deserve,” said General Vice President Sito Pantoja. “These contracts will provide a strong foundation on which to build future improvements that will better the lives of IAM members at United Airlines.”
The IAM and United agreed in November, 2015 to open existing collective bargaining agree- ments early and enter “limited issue, expedited negotiations” to take advantage of favorable industry conditions. The process concluded after four months of intense bargaining and led to industry-best contracts for IAM-represented workers at United Airlines.
“I’d like to thank every IAM member that came out yesterday and voted to not only improve their lives, but also the lives of thousands of other airline workers in like classes and crafts,” said IAM District 141 President Mike Klemm. “IAM members have once again set the bar in the airline industry by demonstrating their solidarity and demanding justice on the job.”
The IAM has ratified 14 separate contracts for seven separate classifications covering approxi- mately 30,000 workers since the merger of United, Continental and Continental Micronesia in 2010. Through two successful rounds of bargaining, IAM members have achieved wage and pension increases of more than 40 percent and industry-best work protection, among many other improvements.
District 141 will certify the ratification votes on Friday, April 22, 2016.
IAM-Represented Employees Vote to Ratify Contract Extensions
PR Newswire United Airlines
CHICAGO, April 16, 2016 /PRNewswire/ -- United and the International Association of Machinists & Aerospace Workers (IAM) announced today that the company's nearly 30,000 IAM-represented employees have voted overwhelmingly to ratify seven new contracts.
The contracts include meaningful improvements in compensation, job and scope protections, work rules and other elements that our IAM-represented employees value. Additionally, with this ratified agreement, United will insource additional airport work at its Los Angeles and San Francisco hubs.
"The professionalism and dedication of our IAM-represented employees is unsurpassed," said Oscar Munoz, the airline's president and chief executive officer. "These contracts recognize the important work they do each and every day for our customers and our operation. We remain laser focused on getting contracts like these for our flight attendants and technicians, and we'll keep working closely with the unions to make that happen."
The ratified agreements, which will be effective through 2021, cover the company's airport operations employees, contact center agents, storekeepers, maintenance instructors, central load planners, fleet technical instructors and related employees, and security officers. Following just four months of negotiations, we worked with the union to reach these agreements between nine months and two and a half years in advance of the prior contracts' amendable dates.
United has joint collective bargaining agreements covering the majority of its represented work groups. Recently, United's pilots voted to ratify a contract extension more than a year ahead of their contract's amendable date, following an expedited negotiations process with the Air Line Pilots Association. The company's dispatchers also voted recently to ratify a contract extension. Additionally, the airline is engaged in mediated negotiations with the Association of Flight Attendants and the International Brotherhood of Teamsters.
April 16, 2016
The International Association of Machinists and Aerospace Workers (IAM) today announced that approximately 30,000 workers at United Airlines overwhelmingly ratified seven con- tracts in the Fleet Service, Passenger Service, Storekeeper, Maintenance Instructor, Fleet Technical Instructor and Related and Security Officer classifications.
The five-year accords run through 2021 and provide industry-best wages, work protections and retirement security, among other improvements.
“IAM members at United Airlines can be proud of these agreements as they provide the pay, job protections and retirement security that IAM-United workers deserve,” said General Vice President Sito Pantoja. “These contracts will provide a strong foundation on which to build future improvements that will better the lives of IAM members at United Airlines.”
The IAM and United agreed in November, 2015 to open existing collective bargaining agree- ments early and enter “limited issue, expedited negotiations” to take advantage of favorable industry conditions. The process concluded after four months of intense bargaining and led to industry-best contracts for IAM-represented workers at United Airlines.
“I’d like to thank every IAM member that came out yesterday and voted to not only improve their lives, but also the lives of thousands of other airline workers in like classes and crafts,” said IAM District 141 President Mike Klemm. “IAM members have once again set the bar in the airline industry by demonstrating their solidarity and demanding justice on the job.”
The IAM has ratified 14 separate contracts for seven separate classifications covering approxi- mately 30,000 workers since the merger of United, Continental and Continental Micronesia in 2010. Through two successful rounds of bargaining, IAM members have achieved wage and pension increases of more than 40 percent and industry-best work protection, among many other improvements.
District 141 will certify the ratification votes on Friday, April 22, 2016.
IAM-Represented Employees Vote to Ratify Contract Extensions
PR Newswire United Airlines
CHICAGO, April 16, 2016 /PRNewswire/ -- United and the International Association of Machinists & Aerospace Workers (IAM) announced today that the company's nearly 30,000 IAM-represented employees have voted overwhelmingly to ratify seven new contracts.
The contracts include meaningful improvements in compensation, job and scope protections, work rules and other elements that our IAM-represented employees value. Additionally, with this ratified agreement, United will insource additional airport work at its Los Angeles and San Francisco hubs.
"The professionalism and dedication of our IAM-represented employees is unsurpassed," said Oscar Munoz, the airline's president and chief executive officer. "These contracts recognize the important work they do each and every day for our customers and our operation. We remain laser focused on getting contracts like these for our flight attendants and technicians, and we'll keep working closely with the unions to make that happen."
The ratified agreements, which will be effective through 2021, cover the company's airport operations employees, contact center agents, storekeepers, maintenance instructors, central load planners, fleet technical instructors and related employees, and security officers. Following just four months of negotiations, we worked with the union to reach these agreements between nine months and two and a half years in advance of the prior contracts' amendable dates.
United has joint collective bargaining agreements covering the majority of its represented work groups. Recently, United's pilots voted to ratify a contract extension more than a year ahead of their contract's amendable date, following an expedited negotiations process with the Air Line Pilots Association. The company's dispatchers also voted recently to ratify a contract extension. Additionally, the airline is engaged in mediated negotiations with the Association of Flight Attendants and the International Brotherhood of Teamsters.
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