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US Airways fleet service employees ratify unified contract
Friday, May 16, 2008

Fleet service employees at US Airways have ratified a single agreement that brings all of the airline's ramp and baggage employees to one labor contract. US Airways now has ratified contracts with all 11,000 of its International Association of Machinists (IAM)-represented employees.

This latest contract with ramp and baggage employees provides wage increases and other improvements, and becomes amendable on Dec. 31, 2011. This was the third ratification of an agreement between US Airways and the IAM in the past six weeks.

"The unification of all of our IAM-represented employees is an important and exciting milestone for our airline," said Doug Parker, Chairman and Chief Executive Officer, US Airways. "I am extremely proud of the hard work of the negotiating teams that led to agreements for all of our IAM employees, led by US Airways Vice President of Labor Relations Al Hemenway and IAM District Presidents Randy Canale and Tom Higginbotham."

The new agreement covers approximately 7,700 fleet service employees, who had been working under terms of separate contracts since America West and US Airways merged in 2005. On April 8, mechanics and related employees approved a new contract, followed by IAM-represented maintenance instructors April 29. With this latest IAM ratification, the majority of US Airways represented employees are now working under the terms of unified contracts.

Vicky Karantzavelou - Friday, May 16, 2008
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The imminent privatization of Olympic Airlines is expected to change the fate of this debt-laden airline. What do you think the new owner should do in regard to the brand name of the Greek national flag carrier?.

Keep “Olympic Airlines” as the name of the company as it remains a strong brand.

The company should keep “Olympic” as an element of its name but refresh the brand (e.g. “New Olympic Airlines”).

The airline should drop “Olympic” from its name. This brand has lost its value and isn’t relevant to the market anymore.

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