Darren Hartmann. The air logistics specialist on Thursday reported earnings showing 11% growth in revenue to $530 million and adjusted earnings before accounting measures of $163 million, up 5% year over year. 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. 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.. As our company looks to merge with another airline, its more important than ever that our pilots demonstrate the unity that brought ALPA to our property just nine years ago and achieved our first contract in 2018, Kenney remarked. In order to avoid possible labor strife, management must [] Known internationally as US-ALPA, it is a member of the International Federation of Air Line Pilot Associations. An extension would spare management the need for full contract negotiations and allow them to focus on the merger. Accordingly, a reconciliation to CASM is not available without unreasonable effort. "While JetBlue management looks toward a merger, JetBlue pilots must first receive the contract they have earned," said Chris Kenney, chair of the JetBlue unit of ALPA. Airline mergers may take even longer, commented Capt. JetBlue said Tuesday it is committed to pay raises for pilots. (American would have gone to $312 under a tentative agreement that Allied Pilots Association has rejected. We have a long road ahead of us with a variety of potential stumbling blocks. No Delay. They should have the incentive to complete (our talks) expeditiously.. If your ALPA group has an independent support line, please contact that number directly. This Earnings Release (or otherwise made by JetBlue or on JetBlues behalf) contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, which represent our managements beliefs and assumptions concerning future events. See here for a complete list of exchanges and delays. For years, the pilots helped JetBlue weather difficult times and contributed to the current success and stability of the airline. There was a record number of participants at the meet, with just over 200 competitors from more than 15 schools including New London and Western Reserve. Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance on these statements. This grant creates a "war chest" that can be used for events, informational picketing, advertising, and other prominent media activities to highlight the need for a new pilot contract. 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. A merger with ALPA would provide ACPA with significantly more substantial legal and bargaining resources. 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. VIEW NOW Pilot Assistance View Pilot Assistance information + PATH. "While JetBlue management looks toward a merger, JetBlue pilots must first receive the contract they have earned," commented Capt. The deal, effective Feb. 1, is further evidence of the bargaining power pilots are enjoying as carriers staff up to meet booming travel demand. Chris Kenney, chair of the JetBlue unit of ALPA. The pilots, represented . Spirit pilots are in line for a 27% economic gain from the agreement, which is retroactive to 1 January 2023. JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom. Our Standards: The Thomson Reuters Trust Principles. There is some reason for cheer in the American airline industry. Delivered an excellent operation in the fourth quarter, including an industry-leading completion factor of 98.2% in December. Catch-up on the latest press releases and news articles from JetBlue ALPA or ALPA National directly from this page. 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. Operating expense per available seat mile, excluding fuel and related taxes, other non-airline operating expenses, and special items (CASM Ex-Fuel). On March 1, pilots at Delta Air Lines ratified a new Pilot Working Agreement with the carrier, which runs through December 2026. In this aggressive bargaining cycle, pilot unity is more crucial than ever, said Kenney. To opt-in for email alerts, please enter your email address in the field below. The parties have two additional bargaining sessions in the next month, where the pilots are calling on management to recognize their contributions to the airlines success during one of the most turbulent times in the industrys history. In January, the carrier signed a pilot contract, valued at $145 million, that provides for a 20% increase in base rate pay by 2017. 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. 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. For the full year, revenue and adjusted profits both grew 18% to $2 billion and $641 million, respectively. The market for qualified pilots is on the rise, and JetBlue pilots will not allow their careers to be put into a holding pattern while their airline pursues its merger ambitions. Now, with contract negotiations ongoing, JetBlue aims to merge with another airline. In October, JetBlue and Spirit agreed to merge. 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. (ALPA), the world's largest pilots' union, representing more than 60,000 pilots in the United States and Canada. ADVANCING AVIATION SAFETY AND SECURITY SINCE 1931, Laser Illumination Reporting & Mitigation. The new contract showcases the bargaining power pilots are enjoying as carriers rush to staff up to keep up with . Said Scales, We intend to use that at strategically appropriate times to execute traditional union tactics billboard, digital advertising, informational picketing to create pressure on management to deliver the contract the pilots have earned., This is a BETA experience. 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. "It is completely. Delta Air Lines pilots represented by the Air Line Pilots Association (ALPA) have ratified a new working agreement with the company. Operating revenue of $2.4 billion for the fourth quarter of 2022, the highest fourth quarter operating revenue in company history. The Air Line Pilots Association announced on Monday that JetBlue Airways ( NASDAQ: JBLU) pilots it represents have approved a two-year contract extension. 420. Revenue per available seat mile (RASM) increased 16.1% for the fourth quarter of 2022 compared to the fourth quarter of 2019, despite a negative impact from Hurricane Nicole. Twelve Months Ended
Technical. The JetBlue pilots union is seeking an extension of the pilot groups current contract to address economic ground lost in a changing airline landscape. JetBlue. After facing one of the most turbulent chapters in aviation history, JetBlue Airways returned to profitability in the third quarter of 2022, posting its highest revenue ever. Mergers take time. News Room >
JetBlue Airways Corp. pilots have been approved for a $5 million grant from the Air Line Pilots Association (ALPA), the union representing them in contact negations with the New York-based airline. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Chris Kenney, chair of the JetBlue unit of ALPA. Delta and the Air Line Pilots Association (ALPA), a union, have agreed to increase pilots' pay by 34% over four years. Pilots would also get a one-time payment up to $17,000. MCLEAN, VAToday, JetBlue pilots, represented by the Air Line Pilots Association, Intl (ALPA), have approved an agreement (Letter of Agreement 17) that ends a more than yearlong dispute with the Company stemming from its unilateral implementation of parts of the Northeast Alliance (NEA) with American Airlines that violated the pilots collective bargaining agreement with JetBlue. In an effort to reach an agreement before the end of 2022, the pilots attempted to ease the negotiating process by setting aside difficult work-rule and other contract issues, instead focusing only on economic items. Sign in to create job alert. News & Events >
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. "We have every expectation that we can come to a mutually beneficial agreement with the Company at these next negotiating sessions," continued Kenney. FedEx pilots should take warning that ALPA, the largest airline pilot union in the world with over 67,000 pilots at 39 US and Canadian airlines, has kept each of these struggles by pilots isolated . It specifically covers Logan, JFK, LaGuardia, and Newark airports. See year-by-year charts of grievances and contact information. The conclusion of the regulatory review of the merger likely wont come until 2024. In this role, you will act as the first line of contracting support for our frontline sales teams, guiding the execution of Qt's contracting process and policies. That's what happened at JetBlue will conduct a conference call to discuss its quarterly earnings today, January 26, 2023 at 10:00 a.m. Eastern Time. 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. Founded in 1931, the Association is chartered by the AFL-CIO and the Canadian Labour Congress. That compares to about $330 at Delta, $310 at United, $278 at American and $306 under the Alaska contract.. Safe & Secure Dating! The Air Line Pilots Association (ALPA), which represents Delta's pilots, said on Wednesday that 78% of the . Shell Aviation: What will it take to Decarbonise Aviation? The committee held numerous pilot unity building (PUB) events after Local Executive Council (LEC) and MEC meetings and after bargaining sessions so that pilots could ask questions directly to the MEC and the Negotiating Committee. IT Services and IT Consulting and Telecommunications. JetBlue pilots' contract revision comes soon after the airline announced that it ended 2022 with a great fourth quarter. Were pleased that we were able to come to a mutually beneficial agreement with management, continued Capt. The pilots are driving for negotiations to conclude before the end of 2022, with the last negotiating session scheduled for December 1314. Fourth quarter of 2022 capacity increased by 2.4% compared to the fourth quarter of 2019. Discover something new every day from News, Sports, Finance, Entertainment and more! JetBlue pilots shouldnt be in a holding pattern as the merger goes through regulatory scrutiny. However, this grant will make it easier for us to make it abundantly clear that the pilot contract must come before the merger. The information below provides an explanation of each non-GAAP financial measure and shows a reconciliation of non-GAAP financial measures used in this press release to the most directly comparable GAAP financial measures. JetBlue Airways chief executive Robin Hayes has received a two-year extension on his employment contract, the airline disclosed in a 9 December filing with the US Securities and Exchange Commission (SEC). Delta's ALPA chapter is the second largest with 13,310 pilots, just behind United ALPA's 13,700 members. Now, with contract negotiations ongoing, JetBlue aims to merge with another airline. Delta and the Air Line Pilots Association (ALPA), a union, have agreed to increase pilots' pay by 34% over four years. WASHINGTON, February 01, 2022 -- ( BUSINESS WIRE )--Today, the JetBlue Master Executive Council (MEC) of the Air Line Pilots Association, Int'l (ALPA) announced to JetBlue Airways management.