Saturday, November 20, 2010

AirTran pilots agree to new 5 year deal

Pilots at US budget carrier AirTran Airways have overwhelmingly backed a five-year deal on pay and conditions.

The new collective bargaining arrangement at the Orlando-based carrier was voted on by 93 percent of eligible pilots with 86.9 percent voting to accept the deal.

The agreement takes effect from December 1 and increased pay and improved benefits subject to enhancements in productivity.

Bob Fornaro, AirTran's chief executive said: "This is good news for our pilots, our customers and our airline. We have now finalized an agreement that rewards our pilots for their hard work and professionalism while still allowing our airline to maintain its high-quality, low-cost structure and affordable service."

This follows the agreement in September for AirTran to be bought by Southwest Airlines in a deal worth USD$1.4 billion in cash and stock.


(Reuters)

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