Three-year agreement provides overall industry-leading pay, job
protections, and work rules
INDIANAPOLIS--(BUSINESS WIRE)--Sep. 28, 2015--
Teamsters Local 357 and Republic Airways Holdings Inc. (NASDAQ/NM: RJET)
announced today that they have reached a consensual tentative agreement
on the terms of a new three-year contract for the 2,100 Republic pilots
represented by the International Brotherhood of Teamsters.
“This milestone is long overdue,” said Captain Jim Clark, Teamsters
Local 357 president. “Our members are extraordinary aviators and safety
professionals who come to work every day ready to do the job asked of
them. They deserve pay, job security, benefits and work rules that match
their leadership position in our industry. The Executive Board of Local
357 recommends this tentative agreement to our members for ratification.
We were able to reach this positive outcome because of the support of
our members who stayed united even in the face of constant challenges.”
“This is a positive outcome,” said Matt Koscal, Republic vice president
of human resources. “This consensual agreement respects the role our
pilots play in our airline’s success and it puts them at the forefront
of our industry. We are pleased that we could reach a consensual
agreement with the leadership of Local 357 that allows us to make a
significant investment in our Pilots and our future.”
The parties are preparing the document for publication, at which point
Local 357 will distribute copies of the tentative agreement to its
members. The union plans to hold a series of road shows and other forums
to afford its members the opportunity to review the tentative agreement
and to ask questions. Ratification voting is scheduled to conclude in
late October. Further details on this process will be provided to our
Pilots by the union in the coming days.
The company will post a copy of the tentative agreement on www.myrjetcontract.com
for the convenience of Local 357 members and has agreed to host an FAQ
and other content on the site as requested by the union.
Both parties wish to express their thanks to the National Mediation
Board, and specifically to board member Linda Puchala and to senior
mediator Terri Brown, for their ongoing guidance and assistance during
this process. The parties also express their appreciation to the staff
and specifically, Director, Captain David Bourne of the Teamster’s
Airline Division for their assistance.
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Source: Republic Airways Holdings Inc.
Republic Airways Holdings Inc.
Bob Birge, 317-471-2808